Religare’s demerger nixed by RBI

In a filing dated Aug 7, Religare said RBI, in a communication dated Aug 6, informed the company that its application seeking no-objection or prior approval for the scheme “has been examined and that the request has not been acceded to” MUMBAI: Religare Enterprises’ proposed demerger of its financial services business into Religare Finvest has…

Read More

SGCCI poll sees low 15.88% turnout | Surat News

Surat: The managing committee election of the Southern Gujarat Chamber of Commerce and Industry (SGCCI) was held on Saturday, recording a low voter turnout of 15.88%. Of the 13,043 eligible voters, only 2,072 cast their votes, in line with the typically low participation seen in the chamber’s elections, members said.Of the total votes polled, 214…

Read More

Powai and Chandivli residents sound alarm over development pressure | Mumbai News

The projects cited at the Sunday meeting included the proposed Global Capability Centre, the MMRDA-SRA project for families affected by the Mithi River rehabilitation, the demolition or redevelopment of Citipark, Haiko and Rodas and proposed development of new buildings Mumbai: Residents of Powai and Chandivli gathered on Sunday to protest what they described as an…

Read More

Tamil Nadu minister Nirmalkumar denies horse-trading charges, says DMK is still trying to poach TVK MLAs | Chennai News

Tamil Nadu electricity and law minister R Nirmalkumar CHENNAI: Tamil Nadu electricity and law minister R Nirmalkumar on Tuesday denied allegations that the Tamilaga Vettri Kazhagam was indulging in horse-trading. He alleged that DMK was continuing its attempts to lure MLAs.Responding to CPI state secretary M Veerapandian’s remarks on horse-trading, Nirmalkumar said TVK was not…

Read More

Telangana govt mulling extension of tax waiver for electric vehicles | Hyderabad News

Before the tax exemption was introduced, Telangana had recorded 47,730 EV registrations. After the govt introduced the exemption on life tax and quarterly tax in Nov 2024, registrations rose sharply, with 91,572 EVs registered during the 2025-26 financial year alone Hyderabad: A tax waiver introduced to push electric vehicles (EVs) into the mainstream appears to…

Read More

Tortured, raped opponents of Bashar Assad: Syrian man sentenced to 26 years in prison by Dutch court

A district court in the Netherlands has sentenced a Syrian national to 26 years in prison for crimes against humanity, including the torture and rape of detainees held by forces loyal to former country’s president Bashar al-Assad during the country’s civil war.The man, identified only as Rafiq al Q under Dutch privacy regulations, was convicted…

Read More