PSBs must guard against shocks: RBI dy guv
Reserve Bank of India Deputy Governor Swaminathan J urged public sector banks to build strong capital buffers. He stressed proactive risk management amid global uncertainties. The government also notified a new Payments Regulatory Board. This board replaces the RBI’s internal payments body. RBI revised its liquidity framework to ensure predictable short-term interest rates. These changes…
Tata Sons IPO deadline ends, eyes on RBI move
Tata Sons has missed the Reserve Bank of India’s listing deadline, with its application to surrender its core investment company registration still awaiting a decision. The banking regulator has not yet responded to Tata Sons’ March submission, creating uncertainty for the conglomerate. Lawyers indicate RBI could accept the request or extend compliance time.
Fans call spot Animal reference in Aryan’s Ba***ds of Bollywood
Aryan Khan’s directorial debut, The Ba***ds of Bollywood, impressed viewers. Fans discovered a hidden Easter egg connecting Bobby Deol and Ranbir Kapoor’s film Animal. Bobby Deol’s character chat list showed a message from Ranvijay Singh. This sparked speculation about a potential Animal Park sequel. The series received praise for its script and references.
Sebi seeks disclosures on promoters’ in-laws
Sebi’s recent clarification mandates listed companies disclose promoter relatives, including in-laws and their entities, in shareholding filings, even without direct ownership. This move, intended to enhance transparency, has sparked debate among India Inc. Lawyers criticize it as “absurd” and “impractical,” citing increased compliance burdens and the disclosure of sensitive personal information about unrelated individuals.
IPO rain & gain: Over half of year’s listings in green
India’s IPO market is set to challenge 2024’s record fundraising, with nearly Rs 1.1 lakh crore already raised from 68 public offers in nine months. While over half of these IPOs generated profits for investors, Stallion India Fluorochemicals and Quality Power Electrical Equipments notably doubled investor wealth.
Inside story of Shubman Gill’s Test redemption: Three phone calls, shedding ego and a lot of data
Three phone calls changed Shubman Gill’s destiny — one from Steven Smith, another from Kane Williamson, and the most defining, from Sachin Tendulkar. It was the God of cricket’s stern advice that forced Gill to shed his ego, tweak his technique, and script one of the greatest batting series ever by an Indian captain in…
PCB punishes Pakistan players for Asia Cup defeat? All NOC cancelled
The Pakistan Cricket Board has suspended all foreign T20 league NOCs for its players following their Asia Cup final defeat to India. This drastic move impacts key stars like Babar Azam and Shaheen Afridi, reportedly to encourage focus on domestic cricket.
‘Mohsin Naqvi is ruining cricket like Asim Munir is ruining Pakistan’: Imran Khan lashes out at PCB chief
Pakistan Cricket Board chairman Mohsin Naqvi faced severe backlash after Pakistan’s Asia Cup defeat to India. Indian players notably refused to accept the winner’s trophy from Naqvi, also ACC chairman, amidst fan boos. This unprecedented incident sparked widespread calls for Naqvi’s removal, with Pakistani politicians and critics alleging he destroyed cricket by sidelining talent and…