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State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become India’s fourth-largest listed company by market capitalisation, supported by a sharp post-results rally and improving sentiment around public sector banks.SBI’s market capitalisation now stands at nearly Rs 10.92 lakh crore, ahead of TCS at about Rs 10.52 lakh crore, according to an…
MUMBAI: Shareholder advisory firm InGovern has turned up the heat on Zee Entertainment Enterprises, calling for the appointment of a professional managing director, a forensic audit of related-party transactions, and other governance reforms. InGovern said Zee is witnessing a deepening crisis of confidence, with promoters exercising substantial operational control despite holding a stagnant equity stake…
NEW DELHI: In a giant leap for the Indian space sector, domestic aerospace company Azista Space has demonstrated a new indigenous capability in space by taking images of objects in orbit from another satellite, a first by any space company in the country. This is often called “in-orbit snooping or space watch”.Using its 80-kg earth-observation…
NEW DELHI: In a giant leap for the Indian space sector, domestic aerospace company Azista Space has demonstrated a new indigenous capability in space by taking images of objects in orbit from another satellite, a first by any space company in the country. This is often called “in-orbit snooping or space watch”.Using its 80-kg earth-observation…
Himanta Biswa Sarma, Gaurav Gogoi NEW DELHI: The Assam cabinet on Saturday decided to refer the case linked to Congress MP Gaurav Gogoi’s alleged Pakistan connections to the ministry of home affairs, with chief minister Himanta Biswa Sarma saying the matter involves national security and cannot be probed further by state agencies.The decision came as…
Billie Eilish has found herself at the centre of a growing controversy following her politically charged speech at the Grammy Awards.At the ceremony, the singer, who won the Grammy for Song of the Year Grammy, raised eyebrows with her anti-ICE speech, saying “There are no illegal people on stolen land.“The remarks soon made waves online…
NEW DELHI: Just days after the Indo-EU trade and defence deal, Italian defence major Leonardo, which offers helicopter products and services globally, and Adani Defence and Aerospace on Tuesday announced a strategic partnership by signing an MoU to establish an integrated helicopter manufacturing ecosystem in India. The manufacturing ecosystem will seek to address the demands…
A 28-year-old Indian man in Australia on student visa, working as an Uber driver, has been arrested and jailed for a calculated fraud in which he impersonated a law firm and created an entity out of thin air to convince a prospective homebuyer to transfer money to him. The Sydney Morning Herald reported the person’s…
The US Treasury Department has terminated its contracts with consulting firm Booz Allen Hamilton following the conviction of a former contractor linked to the company for leaking sensitive tax data of thousands of wealthy Americans, including President Donald Trump, to media organisations.The decision comes amid broader efforts by the Trump administration to act against entities…
A Dubai-based conglomerate has said it will initiate legal action against Lebanese authorities, alleging losses of more than $1.7 billion following years of economic crisis, banking restrictions and political instability in Lebanon.The Al Habtoor Group said on Monday that its investments in Lebanon have suffered “severe and sustained harm” due to measures imposed by Lebanese…
