The number of rating upgrades has come down in the fi rst half of the fi nancial year as compared with the numbers in the year ago period as companies are facing multiple headwinds in the form of West Asia confl ict, rising crude oil prices, higher input cost and the evolution of US tariff … Read more
The Bank has received RBI approval for Anup Kumar Saha as the Bank’s Managing Director & Chief Executive Officer for a period of three years, effective January 1, 2027. He had joined Kotak Mahindra Bank in January 2026, and is currently working as an Executive Director of the bank. He is currently looking after the Retail Bank, … Read more
Delhi’s traffic signals could soon become more responsive to the traffic they are actually handling, rather than operating largely on fixed timings.The Centre has approved a Rs 1,789.52-crore Intelligent Traffic Management System (ITMS) for the capital, bringing signals, traffic enforcement, emergency vehicle movement and commuter information onto an integrated technology platform.Union minister Ashwini Vaishnaw said … Read more
Any change in the Tata Group’s structure that makes a clear controlling entity less obvious or weakens the holding company’s credit profile may impact the outlook of the group’s credit quality, and thereby, individual ratings, rating agency S&P said on Tuesday. The leadership transition or changes in the group structure or stakeholder priorities may raise … Read more
Venu Srinivasan, trustee of the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust, and their joint nominee director on the Tata Sons board, has asked the Maharashtra Charity Commissioner for an immediate inquiry into the trust’s administration and governance. He alleged “serious governance lapses” and raised concerns over involvement of the charitable trust … Read more
Tata Trusts has shared a plan to merge two operating companies into Tata Sons, a move meant to remove the Group’s Core Investment Company status, which the main shareholder believes will help it avoid the Reserve Bank of India’s (RBI’s) order to list on a stock exchange. On Monday, Tata Trusts, which owns 65.9% of … Read more
The name is Bond. Treasury bond! The bond is back. And right now, Bond is having a rather consequential moment. The yield of 10-year US Treasuries, or US government bonds, has climbed to 5.18%, its highest since 2007, while the 30-year yield has touched 5.47%, a level not seen in 22 years. For most people … Read more
FIIs unlikely to return in large numbers without new growth engines in India: Bernstein Foreign investors may continue to remain cautious on Indian stocks even after the artificial intelligence (AI) trade peaks, brokerage Bernstein said. It said foreign investors are unlikely to return in large numbers unless India is able to build industries and companies … Read more
Policybazaar parent PB Fintech said the proposed changes to insurance distribution economics could make it harder to justify remaining solely a distributor and increase the attractiveness of entering insurance manufacturing, which would allow it to design, underwrite and sell policies. The company said it would wait for more regulatory clarity on the proposal. “I never … Read more