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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India") (TSX: FIH.U) announces that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2025. ...Read More >
NEW DELHI: EC on Thursday revised the rules relating to counting of postal ballots, making it mandatory for all postal ballot papers to be counted before the penultimate round of EVM/VVPATs counting is taken up.The new practice will be first implemented in Bihar where assembly polls are due in Nov.This restores the arrangement prior to May 2019, when EC had changed the guidelines to allow EVM counting to proceed regardless of postal ballot counting stage. The 2019 change did not rule out chances ...Read More >
MUMBAI: Firoz Mistry, the older son of the late Cyrus Mistry, has been appointed to the board of Afcons Infrastructure, marking his first directorship in an operating entity of the Shapoorji Pallonji (SP) Group. His appointment comes weeks after his cousin Pallon Mistry was inducted into the Afcons board. The move enhances his role within the construction-to-real estate group, where he has been involved in select projects and specific functions like strategy, human resources, and governance. It ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
Cloudburst in Dehradun News: Dehradun experienced cloudbursts in Sahastradhara, leading to swollen rivers and damaged shops. Chief Minister Pushkar Singh Dhami reported rescue operations by police and SDRF. In Rishikesh, the Chandrabhaga river overflowed due to heavy rainfall, flooding the highway and trapping vehicles. SDRF successfully rescued three people stranded in the river, ensuring their safety. The local administration is monitoring the situation. ...Read More >
Mumbai, September 16: Noel Tata, chairman of Tata Trusts, reportedly floated a proposal to split the top leadership role at Tata Sons into separate positions of chairman, CEO and MD, and deputy CEO, aiming to reshape the governance structure of the group's holding company. The plan, however, has stalled after facing resistance from some trustees who remain firm on continuity. Noel's idea suggested that current chairman N Chandrasekaran should transition to a non-executive role when his term ends ...Read More >
Mumbai: Tata International has finalised a joint venture with Mercuria that would entail the Swiss energy and commodity trading firm acquiring a 51% stake in the Tata trading arm, said people familiar with the matter. The alliance reflects several geopolitical headwinds weighing on Tata International's global operations. It is expected to give Mercuria a greater role in steering the Noel Tata-led company's trading business, the people told ET. They did not disclose the value of the stake Mercur ...Read More >
CareEdge Ratings upgraded Adani Green Energy's rating from 'AA-' to 'AA/Stable', highlighting its market leadership, robust execution, and strong financial profile. With an operational capacity of 15.8 GWAC and plans to reach 50 GWAC by 2030, AGEL's growth is underpinned by long-term power purchase agreements. Adani Green Energy has received an upgrade in its credit rating from CareEdge Ratings, moving from 'AA-' to 'AA/Stable'. This development comes as a result of the company's prominent mark ...Read More >
New Delhi, Jul 20 (PTI) Star Indian long jumper Murali Sreeshankar clinched the title with a leap of 7.75m at the Meeting Maia Cidade do Desporto in Maia, Portugal, a World Athletics Continental Tour Bronze-level meet. The Asian Games silver medallist registered his best effort in the second round on Saturday night. Sreeshankar opened with a 7.63m jump, followed it up with his winning leap of 7.75m in the second round, and then recorded a solid 7.69m. His third attempt was a foul, while his fi ...Read More >
Chennai, Jul 20 (PT) The Madras High Court has observed that the ED was not a "drone" to attack at will, and nor was it a "super cop" to investigate anything and everything which comes to its notice. A division bench of Justice M S Ramesh and Justice V Lakshminarayanan made the observations while hearing the plea by city-based RKM Powergen Private Ltd challenging the Enforcement Directorate (ED) seizing Rs 901 crore of its fixed deposits in connection with a PMLA case. The ED action came on th ...Read More >
New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of ₹132.90 crore for the first quarter ended June 2025. It had reported a net profit of ₹58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at ₹1,024.74 crore in the June quarter of FY26. This was ₹1,026.76 crore in the corresponding quarter of the last fiscal. The t ...Read More >
New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of Rs 132.90 crore for the first quarter ended June 2025. It had reported a net profit of Rs 58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Also Read | Bodoland Lottery Result Today, July 19, 2025: Assam State Lottery Sambad Saturday Lucky Draw Results Declared, Check Winners List With Ticket Numbers. Its revenue fro ...Read More >
New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of ₹132.90 crore for the first quarter ended June 2025. It had reported a net profit of ₹58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at ₹1,024.74 crore in the June quarter of FY26. This was ₹1,026.76 crore in the corresponding quarter of the last fiscal. The total ex ...Read More >
New Delhi, Jul 19 (PTI) India Cements Ltd (ICL), now part of the Aditya Birla Group, on Saturday reported a consolidated net loss of Rs 132.90 crore for the first quarter ended June 2025. It had reported a net profit of Rs 58.47 crore a year ago, according to a BSE filing by ICL, now a subsidiary of UltraTech Cement. Its revenue from operations was marginally down at Rs 1,024.74 crore in the June quarter of FY26. This was Rs 1,026.76 crore in the corresponding quarter of the last fiscal. The ...Read More >
New Delhi, July 19 (SocialNews.XYZ) Firing fresh salvo at Anil Agarwal-run Vedanta Group, US short-seller firm Viceroy Research said in its latest report that Vedanta Semiconductors is a 'sham' commodities trading operation designed to improperly avoid classification as a non-banking financial company (NBFC). According to Viceroy, "We believe that Vedanta Limited (VEDL) subsidiary, Vedanta Semiconductors Private Limited (VSPL), is a sham commodities trading operation designed to improperly avoi ...Read More >
Governance firm InGovern Research has called for investor safeguards, citing market volatility triggered by offshore short-seller reports. This follows Viceroy Research's 9 July report alleging governance issues at Vedanta, which caused an intraday stock plunge of nearly 8 per cent. While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery, InGovern emphasised that such reports often serve the financial interests of their authors. "Cri ...Read More >
Mumbai: US-based short seller Viceroy Research's report on Vedanta Resources (VRL) has no new information that has not been voluntarily shared with shareholders previously, VRL's chief executive officer Deshnee Naidoo said Thursday. "The authors of the report have compiled only part information filled with gross inaccuracies which you've also discerned as part of this meeting," Naidoo said addressing shareholders at the annual general meeting of India-listed Vedanta. On Wednesday, Viceroy Rese ...Read More >
New Delhi: US short seller Viceroy Research on Wednesday released a report charging billionaire Anil Agarwal's mining conglomerate to be 'financially unsustainable' and posing a severe risk to creditors, allegations which the group called 'selective misinformation and baseless' aimed at discrediting the group. Viceroy said it was shorting the debt stack of Vedanta Resources, the parent company and majority owner of Mumbai-listed Vedanta Ltd, as it released the 85-page report. Shorting debt, al ...Read More >
Mumbai: Tata Sons chairman N Chandrasekaran briefed the board of Tata Trusts about the conglomerate's performance and plans in a closed-door meeting at Bombay House on Tuesday, in what long-time group watchers said was a notable departure from precedent. Present at the meeting were Noel Tata, Mehli Mistry, Venu Srinivasan, Pramit Jhaveri, Darius Khambata, Vijay Singh and Jehangir C Jehangir. The move to update the entire board of trustees had been initiated by the chairman, people aware of the ...Read More >
Agartala (Tripura) [India], July 10 (ANI): A large-scale state-level mock exercise simulating flood and landslide scenarios was successfully conducted across Tripura with special emphasis on West Tripura District by the District Disaster Management Authority (DDMA) under the supervision of the National Disaster Management Authority (NDMA). Vishal Kumar, District Magistrate (DM) of West Tripura, addressed the media following the drill, and highlighted that rescue operations were carried out simu ...Read More >
MUMBAI: In a move reminiscent of Hindenburg going short on Adani Group, US-based financial researcher Viceroy Research said Wednesday it was "shorting" the debt stack of metal tycoon Anil Agarwal-controlled Vedanta Resources, the UK-based parent of Mumbai-listed miner Vedanta, as it believes the entire group structure is 'financially unsustainable', operationally compromised, 'a house of cards', poses severe risks to creditors, and 'resembles a Ponzi scheme'. Viceroy's 87-page report came ahead ...Read More >
New Delhi: US short seller Viceroy Research on Wednesday released a report charging billionaire Anil Agarwal's mining conglomerate to be "financially unsustainable" and posing a severe risk to creditors, allegations which the group called "selective misinformation and baseless" aimed at discrediting the group.Viceroy said it was shorting the debt stack of Vedanta Resources, the parent company and majority owner of Mumbai-listed Vedanta Ltd, as it released the 85-page report.Shorting debt, also k ...Read More >
NEW DELHI: US-based investigative financial research Viceroy Research has alleged that the entire group structure of Vedanta is "financially unsustainable, operationally compromised, and poses a severe, under-appreciated risk to creditors". In its report, Viceroy said that Vedanta Resources "resembles a Ponzi scheme". Viceroy said on Wednesday it is shorting the debt stack of Vedanta Resources (VRL), the parent company and majority owner of Vedanta Ltd (VEDL). It described Vedanta Resources as ...Read More >
Mumbai: Vedanta shares fell over 7 per cent during intra-day trading on Wednesday after a report by US short-seller Viceroy Research alleged that the conglomerate resembled a "Ponzi" scheme -- a claim that Anil Agarwal-owned company has vehemently denied. "The entire group structure is financially unsustainable, operationally compromised, and poses a severe, under-appreciated risk to creditors," according to the short-seller report. According to the US-based short seller, Vedanta Resources Ltd ...Read More >
New Delhi: Tata Group's main holding company Tata Sons holds a 93% stake in its financial services company Tata Capital. The value of this stake is now estimated at around Rs 98,178 crore (ie about $ 11.4 billion). This value of Tata Capital has been derived on the basis of the rights issue held in March, in which the price per share was kept at Rs 281. Tata Capital's FY25 annual report states its total equity value as Rs 1.05 lakh crore, on the basis of which it is ranked eighth among India's t ...Read More >
Pune (Maharashtra) [India], July 4 (ANI): Amidst the ongoing Marathi-non-Marathi row, a group of Maharashtra Navnirman Sena (MNS) workers allegedly stormed a man's residence in the Vanaz area of the city on Thursday and threatened to assault him over an objectionable social media post targeting MNS chief Raj Thackeray. The man, identified as Kedar Soman, had reportedly posted a comment on Facebook that MNS workers found offensive and disrespectful to their leader. Enraged by the post, a group o ...Read More >
Mumbai: The JSW Group has firmed up a ₹9,300-crore financing package to fund the buyout of Akzo Nobel's local operations, stitching together a mix of debt, convertibles, and loan against shares at the promoter level, multiple people familiar with the tri-level fundraising initiatives told ET. The deal involves three separate tranches - an operating company-level debt of around ₹3,300 crore, a ₹3,000-crore convertible instrument at holdco, and about ₹3,000 crore loan against shares at the promot ...Read More >
Thane, Jun 29 (PTI) Police have arrested a 30-year-old fruit seller for illegally possessing two country-made pistols in Maharashtra's Thane district, an official said on Sunday. Acting on a tip-off, the police's anti-extortion cell raided the man's premises at Bandarpada locality in Kalyan area on June 25, assistant police inspector Sunil Tarmale said. The police seized two country-made pistols and a live cartridge, valued at Rs 1.05 lakh, from the fruit seller, who had two previous criminal ...Read More >
New Delhi [India], June 29 (ANI): US-parented companies will be exempted from certain elements of an existing global tax agreement according to a statement released by the Group of Seven countires which detailed the new proposal signed by the United States and its G7 partners. The agreement will see US companies benefit from a "side-by-side" solution under which they will only be taxed at home, on both domestic and foreign profits, the G-7 said, in a statement released by Canada, which holds th ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to i ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.