MUMBAI: Kotak Mahindra Bank has agreed to acquire Deutsche Bank’s India retail, private banking and wealth business for Rs 282 crore, as a going concern on a slump sale basis . The deal will strengthen the bank’s affluent and SME franchise through an inorganic push, the bank said. The acquired portfolio comprises Rs 29,000 crore…
Reports claim Blake Lively is not expected to attend Taylor Swift and Travis Kelce’s upcoming wedding, reflecting the apparent distance in their once-close friendship. An anonymous source said Lively understands the decision and believes her presence would create a media frenzy due to her recent legal controversy. While she reportedly wishes to support the couple,…
MUMBAI: Oyo parent Prism has filed updated draft IPO papers with markets regulator Sebi, seeking to raise up to Rs 6,650 crore (around $703 million) and moved a step closer to getting listed on the bourses. The IPO has been structured as a primary share sale which means that the company will retain all the…
MUMBAI: Banks’ bad loans, which are at a multi-decadal low, are expected to rise marginally to 1.9% by March 2028 under a baseline scenario from 1.8% in March 2026, even as capital ratios are projected to moderate over the same period according to RBI’s bi-annual Financial Stability Report. According to the macro stress test results…
Seeking mobile numbers for policy information ‘dark pattern’: Irdai chief Ajay Seth (Image/ANI) MUMBAI: Irdai has flagged insurers seeking personal information to provide quotes or policy details as a ‘dark pattern’ and has commissioned a study by a public policy institute to define and track such practices over nine months. Speaking at an event organised…
NEW DELHI: It was a year that was marked by the biggest reset since GST was launched nine years ago and marks a complete change in thinking within the policy dispensation, which had earlier focused on revenue neutral rates. Instead, six months after an overhaul of rates on nearly 400 items has shown that higher…
Once the capital of Virginia and the largest, most prosperous colony in British America, Colonial Williamsburg offers visitors a fascinating journey into the origins of the United States. This meticulously restored 18th-century city serves as a living window into the nation’s past, preserving the people, places, and ideas that shaped modern America.Beyond exploring its remarkable…
Don’t broadcast Sheikh Hasina speeches: Bangladesh warns its media outlets DHAKA: Tarique Rahman-led BNP govt on Tuesday warned of action against Bangladeshi media outlets if they broadcast Awami League chief Sheikh Hasina’s statements. The caution from prime ministerial adviser for information and broadcast Zahed Ur Rahman came in the backdrop of a section of Bangladeshi…
Congress moves privilege notice against Rajnath Singh over Operation Sindoor NEW DELHI: Congress MP KC Venugopal Tuesday moved a notice for breach of privilege against defence minister Rajnath Singh, accusing him of misleading Parliament by telling Lok Sabha that no Indian soldier was martyred during Operation Sindoor in 2025. Last week, a controversy erupted when…
Amit Shah launches new FCRA portal, e-OCI card NEW DELHI: Union home minister Amit Shah Tuesday launched the refurbished FCRA portal that offers NGOs a fully digitised framework to apply for registration and renewal of licence under the Foreign Contribution (Regulation) Act, 2010, file compliance details and avail other services. At the same time, by…