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File photo of IPL franchise Rajasthan Royals. The majority stake in Rajasthan Royals was acquired by industrialist Lakshmi N. Mittal, his son Aditya Mittal and Adar Poonawalla in a deal valued at USD 1.65 billion. The transaction represents the enterprise value of the Royals’ men’s franchise as well as the associated teams Paarl Royals and…
New Delhi: The Centre has revived the strategic sale of its stake in IDBI Bank, along with LIC’s stake a month after the two bids were rejected as they were way below the reserve price.Persons familiar with the discussions said a fresh valuation exercise is being undertaken, given that the bank has a small free…
The United States will not extend a temporary waiver that allowed the sale of Russian oil and Iranian oil already at sea, Treasury Secretary Scott Bessent said on Wednesday, signalling a tighter sanctions approach.“We will not be renewing the general license on Russian oil,” Bessent said at a press briefing. Clarifying the scope of the…
Actress Preity Zinta has taken a major leap in her real estate pursuits by selling her Pali Hill apartment located in the bustling Bandra for a cool INR 18.2 crore. This transition reflects her savvy investment choices, with a diverse portfolio that features a chic Los Angeles residence worth about INR 40 crore. Preity Zinta’s…
Russian figure skater Adeliia Petrosian was reportedly refused service at Milan airport boutiques of Dior and Louis Vuitton due to her Russian passport. This incident highlights how geopolitical sanctions, specifically EU restrictions on luxury goods exports to Russia, are impacting individual experiences and blurring the lines between fashion and politics. Luxury shopping at airports is…
BHUBANESWAR: LPG cylinders will no longer be available in the open market in Odisha and only customers who have completed their e-KYC can procure them from authorised dealers, food supplies and consumer welfare minister Krushna Chandra Patra announced on Sunday, amid complaints of black-marketing due to alleged shortage of cooking gas, reports Diana Sahu.“The department…
Kylie Jenner is parting ways with her extravagant California estate, now on the market for a staggering $20.2 million. Acquired back in 2016, this luxurious residence boasts eight spacious bedrooms and ten opulent bathrooms, making it the perfect setting for family life. Kylie Jenner has opened a new chapter on the real estate front. Reportedly,…
File Pics: Vijay Mallya and Virat Kohli NEW DELHI: Former Royal Challengers Bengaluru owner Vijay Mallya has broken his silence after the landmark sale of the IPL franchise, calling it an emotional moment and insisting that RCB “will always remain a part of my DNA.” His post on X struck a nostalgic tone, revisiting the…
Lalit Modi, former Indian Premier League commissioner (TOI) With the sale of the Rajasthan Royals franchise, there is a growing sense that the long, lingering shadow of Lalit Modi over the team, and to an extent the league, may finally begin to fade. Lalit Modi, former Indian Premier League (IPL) commissioner, has remained a controversial…
MUMBAI: Shares of IDBI Bank fell as much as 16.5% on Monday to Rs 77. The decline wiped out over Rs 16,000 crore in market capitalisation after reports said govt may shelve bids for a majority stake in the lender because offers were below its minimum price expectations. Govt has been attempting to sell its…
