MUMBAI: Reserve Bank of India has set a minimum net worth of Rs 500 crore for a company to be eligible for acquisition financing with even unlisted companies qualifying for such funding. Through its Amendment Directions, 2026, effective April 1, the central bank expands the credit activities commercial banks may undertake, with acquisition finance at…
Nargis Fakhri revealed she underwent stem cell therapy to treat chronic knee injuries caused by years of dancing. The actor said she feels 75–80% better after two months. Having avoided surgery a decade ago, she now encourages others with similar issues to try stem cell treatment before opting for surgery. Nargis Fakhri recently opened up…
MUMBAI: With arch-rivals India and Pakistan set to face off in the T20 World Cup in Colombo on Sunday, ad rates for the match have soared. Companies are rushing to book slots to place their brands and cash-in on the huge viewership the game is likely to attract. Ad rates for a 10-second TV slot…
Akshaye Khanna has long maintained an air of mystique around him. Known for avoiding parties, interviews and unnecessary public appearances, the actor has consistently chosen to live life on his own terms. Colleagues often describe him as serious, deeply passionate about his craft and largely unaffected by public opinion or industry pressures.Those who know him…
MUMBAI: After the Tata and JSW Groups, the Adani Group is firming up plans to enter the nuclear energy sector. This week, the Ahmedabad-based infrastructure conglomerate incorporated a new company, Adani Atomic Energy, for the purpose. The company, a wholly owned subsidiary of Adani Power, will “generate, transmit and distribute electricity derived from nuclear and…
Veteran actor Kabir Bedi married British-born producer and researcher Parveen Dusanj on January 16, 2016, after nearly a decade of being in a committed relationship. At the time, Kabir was 70 and Parveen was 41, marking a 29-year age difference between them.Parveen, a London-based researcher and producer, has often been credited by Kabir as one…
NEW DELHI: The India-US trade arrangement will expand cotton demand rather than hurt domestic growers, commerce and industry minister Piyush Goyal said on Friday, while asserting Indian farmers stand to gain from rising textile exports.“This will also not hurt our cotton producers… I can see before my eyes a huge requirement for more cotton and…
Filmmaker Rohit Shetty, known for blockbuster entertainers like the ‘Golmaal’, ‘Singham’, ‘Simba’, and more, stepped out in public for the first time after the recent firing incident outside his Juhu residence. The director was spotted at Mumbai airport as he arrived to see off his son. His appearance drew attention because it came days after…
India’s Axar Patel is bowled out by Namibia’s captain Gerhard Erasmus during the T20 World Cup cricket match between India and Namibia in New Delhi. (AP) New Delhi: 45/1 to 77/6 against the USA. 205/4 to 209/9 against Namibia.India won their first two T20 World Cup contests rather convincingly but two batting collapses, occurring at…
MUMBAI: The unprecedented volatility in the prices of gold and silver in recent weeks has prompted markets regulator Sebi to have a closer look at the price bands and circuit filters for exchange traded funds (ETFs).On Friday, Sebi proposed to put +/-20% price bands on ETFs on two precious metals, gold and silver. Part of…
