Banks, non-bank lenders and financial institutions may get to invest up to 10% in the corpus of alternate investment fund (AIF) schemes, in a relief for the sector that faced a central bank clampdown in December, 2023. There will be no restriction on regulated entities (REs) such as banks for investing up to 5% in…
Hon Hai Precision Industry Co., the main manufacturer of Apple Inc.‘s iPhones, will inject $1.5 billion into its India unit as production shifts away from China.The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary. Hon Hai, which is building new plants and adding production…
Bollywood actor Mukesh Rishi is known for portraying ruthless villain roles in many films during the 1990s, and he recently spoke about his bond with actor Salman Khan.The ‘Ghayal’ actor reflected on the memorable experiences and friendships he has gathered throughout his career—highlighting Salman Khan as someone who left a lasting impression.Mukesh about SalmanIn a…
NEW DELHI: The US on Monday imposed a visa ban on errant Indian travel agencies and their owners who facilitate illegal immigration to the country. US State Department’s statement on Monday said it’s taking steps to impose visa restrictions on owners, executives and senior officials of travel agencies, based and operating in India, for knowingly…
GUWAHATI: Manipur’s Shirui Lily fest is set to return Tuesday after a two-year pause, signalling efforts toward peace in a state scarred by ethnic unrest.The fest, set from May 20-24, celebrates the state flower Shirui Lily found only in Shirui Hills of Tangkhul Naga-majority Ukhrul district. The fest marks the 75th anniversary of Lilium mackliniae‘s…
JEE Advanced 2025: The Indian Institute of Technology (IIT) Kanpur has officially released the JEE Advanced 2025 question papers for both Paper 1 and Paper 2. The examination was conducted on May 18, 2025, in two shifts, drawing lakhs of aspirants nationwide in pursuit of a coveted seat at the IITs.The first paper took place…
Multiplex chain PVR Inox is looking at uncharted territories or markets with no cinema theatres for its next phase of growth. The company is collaborating with developers in territories such as Leh in Ladakh, Machilipatnam in Andhra Pradesh and non-metro towns of West Bengal and south India to open low-cost cinemas with basic facilities such…
MUMBAI: Sebi has threatened two Mauritus-based funds with investments in the Adani Group that they could face penalties and cancellation of licences for not sharing shareholding details despite repeated requests over two years, according to a document reviewed by Reuters.The Adani Group and its 13 offshore investors have been facing an investigation by the Sebi,…
Akansha Ranjan Kapoor, who made her Bollywood debut in Guilty, recently opened up about her heartfelt bond with co-star Kiara Advani. In an interview with Filmygyan, the rising actress praised Kiara’s warmth and nurturing energy on set, recalling how the Kabir Singh star made her feel completely at ease.“She was just too good, man. She…
James Comey posted controversial 86 47 insta post James Comey says he’s just a sweater-wearing grandfather who likes beach walks and has no idea why people are furious over a photo of seashells.The former FBI director responded this week to the controversy surrounding a now-deleted Instagram post that many interpreted as a threat to US…