MUMBAI: Markets regulator Sebi has sent a notice to Bank of America’s India arm over a 2024 matter when its investment banking team had shared privileged, confidential information about a share sale deal in Aditya Birla Sunlife AMC with other arms of the bank. Sharing of such information is in violation of Sebi’s rules. BofA…
The move, a bid to make homes more affordable, would be a back-to-future moment for the two mortgage firms. Buying risky mortgage bonds helped push them to near-bankruptcy in 2008. Source link
NEW DELHI: Prime Minister Narendra Modi met 12 leading Indian AI startups on Thursday, where he called for promoting affordable and inclusive AI along with frugal innovation, while suggesting that a unique AI model should be presented to the world that reflected the spirit of ‘Made in India, Made for the World’. During the interaction…
Captain Brandon Fisher, the pilot of Alaska Airlines Flight 1282, has filed a $10 million lawsuit against Boeing. He alleges the company wrongly blamed him and his first officer for the door plug blowout that forced an emergency landing in January 2024. The lawsuit was filed on December 30, 2025, in an Oregon court and…
The request by a group of Congress members cites reporting by The Times and echoes a similar request by Democratic senators in September. Source link
MUMBAI: Bajaj Group on Thursday completed the acquisition of a 23% stake in its insurance joint ventures from Allianz SE for Rs 21,390 crore, marking the largest transaction in India’s insurance sector and bringing the group closer to full ownership of Bajaj General Insurance and Bajaj Life Insurance.The stake purchase involved Bajaj Finserv, Bajaj Holdings…
General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand. Source link
US stock indices were largely subdued in early Thursday trade, even as defence companies rallied sharply after President Donald Trump said he wants to significantly raise military spending.The S&P 500 slipped 0.2% in early trading, though it remained close to its recent all-time high. The Dow Jones Industrial Average was down 109 points, or 0.2%,…
Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said Venezuelan president’s capture did not constitute an invasion. Source link
A 500% tariff would effectively shut down India’s goods and services exports to the United States. (AI image) Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of everyone after US Senator Lindsey Graham said that President Donald Trump has given the go ahead for a bill that…
