Page 1358 - Latest News

Policyholders' views needed to make rules: Irdai Chariman Ajay Seth

Irdai Chairman Ajay Seth said the regulatory process must integrate policyholders' expectations and strengthen coordination among regulators to address overlaps and systemic financial risks

Chaos at Delhi airport: Air traffic control glitch hits over 800 flights

A technical glitch in Delhi's air traffic control system triggered chaos, delaying over 800 flights and stranding passengers across India's busiest airport before services were restored

Sebi flags valuation concerns in corporate deals, calls for more safeguards

Sebi's Kamlesh Chandra Varshney voiced concerns over inflated valuations in IPOs and corporate arrangements, urging stronger frameworks to protect minority shareholders and simplify compliance

No regulator should substitute boardroom judgement: RBI Governor Malhotra

Financial stability remains the 'North Star' for the central bank

GST 2.0, festival cheer drove record vehicle sales in October: Fada

Festivals also contribute to the rise in overall automobile retail sales, says dealers association

Panasonic Chairman Manish Sharma steps down to pursue growth outside

Sharma has been instrumental in shaping Panasonic's business strategy, growth trajectory, and organisational culture in India, according to a company statement

Blue Energy plans an electric invasion in trucks on routes below 500 km

Blue Energy Motors plans ₹3,500 crore push to electrify short-haul trucking with 1,200 battery-swapping stations and "energy-as-a-service" model to rival diesel costs

Best of BS Opinion: Will the real Adam Smith please stand up?

Today's pieces cover wide ground, from Adam Smith to Bihari exceptionalism to the AI behemoth that threatens to swallow advertising whole, and the enduring vision of Ritwik Ghatak

LIC's strong H2FY26 growth outlook likely to trigger stock rerating

LIC reported a 5% rise in premium income and 12% growth in VNB for Q2FY26. With non-par policy growth and improved margins, analysts see room for a positive rerating

Thali cost dips in October as falling food prices ease inflation

Prices of vegetables, onions, potatoes, and broilers fell in October, bringing down the average cost of a home-cooked thali and extending deflation in essential commodities

IIBX eyes over $12 bn forex flow in FY26 from gold and silver contracts

India International Bullion Exchange eyes sharp growth in gold and silver contracts, boosting foreign exchange inflows through GIFT City

Groww IPO subscribed 17.6x on strong demand from institutional investors

The Rs 6,632-crore IPO of digital investment platform Groww drew bids worth Rs 64,000 crore, with robust participation from institutional and retail investors

Some Nexperia chip shipments resume as Germany welcomes 'de-escalation'

Nexperia, Chinese-owned but based in the Netherlands, makes billions of simple but ubiquitous chips for cars and other electronics

Deepseek's Chen Deli makes first public appearance, warns of AI risks

The company has also emerged as a key player in China's efforts to build its own AI ecosystem and advance the domestic chip sector

Musk expects Tesla's full self-driving software to get China's nod in 2026

The Tesla system, known as FSD for short, has been partially approved in China since February. Before that Tesla owners could use a less advanced and cheaper autopilot option

Piramal Finance hits ₹30,000 cr market cap on debut after PEL merger

Shares of Piramal Finance, which debuted on BSE after its merger with PEL, hit the upper circuit at Rs 1,333.45, valuing the NBFC at over Rs 30,000 crore

Time for advertising pros to hug their jobs as AI lurks in the shadows

In the past few years, the "right-sizing" and "consolidation" at WPP has resulted in iconic advertising brand names like J Walter Thompson, Young & Rubicam , & Wunderman being consigned to the dustbin

Weak IPO listings by Studds and Orkla cast a shadow on market euphoria

Consecutive weak listings by Studds Accessories and Orkla India have dimmed India's IPO frenzy, even as analysts flag valuation concerns and a cooling in grey market sentiment

Sebi to review short selling, SLB frameworks: Tuhin Kanta Pandey

Under the SLB mechanism, investors or institutions holding shares in their demat accounts can lend them to other market participants for a fee

Mounjaro India's bestselling drug in October with ₹100 crore sales

Weight-loss drug rakes in ₹333 cr in cumulative sales since launch in March this year, leaving rival Wegovy behind