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Top headlines: Team Modi to meet after reshuffle, Adani to raise $1.5 bn

Prime Minister Modi expands and reshuffles his team of ministers; Shapoorji Pallonji group says it doesn't need Tata approval to pledge its shares in the conglomerate.

PNB housing finance, Punjab national bank
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BS Web Team
The Union Cabinet and the Council of Ministers are expected to meet on Thursday, a day after Prime Minister Narendra Modi rejigged his team. Shapoorji Pallonji (SP) Group said it does not need Tata Group’s permission to pledge a part of its 18.5-per cent stake in Tata Sons, These are the top headlines at this hour.

Modi Cabinet 2.0 is all about politics and governance

Prime Minister Narendra Modi on Wednesday sacked many senior colleagues, elevated some, and infused the government with new faces to make the most comprehensive reshuffle of his council of ministers in the government’s seven-year tenure. Jyotiraditya Scindia