CBI Questions Anil Ambani’s Son Jai for 6.5 Hours in ₹228 Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) has intensified its probe into a ₹228 crore bank…
CBI Questions Anil Ambani’s Son Jai for 6.5 Hours in ₹228 Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) has intensified its probe into a ₹228 crore bank fraud case, questioning Jai Anmol Ambani, son of industrialist Anil Ambani, for nearly 6.5 hours. The marathon interrogation highlights the seriousness of the investigation and the agency’s determination to uncover the financial irregularities linked to the case. Background of the…
Ashish Kacholia’s Picks: 6 Stocks Rally Up to 120%, 4 Drop Up to 50% in FY26; 2 New Q3 Bets Revealed
Ace investor Ashish Kacholia, known for his sharp eye in identifying mid-cap and small-cap growth opportunities, has once again made headlines with the performance of his portfolio in FY26. While six of his picks have delivered stellar rallies of up to 120%, four others have faced steep declines of up to 50%. Adding to the…
‘Trash it’: Piyush Goyal Pushes Back Against Speculation on India Delaying US Trade Deal
India’s Commerce and Industry Minister Piyush Goyal has firmly dismissed speculation that New Delhi is delaying a potential trade agreement with the United States. His sharp response—“Trash it”—was aimed at quelling rumors that India is hesitant or dragging its feet in finalizing trade negotiations. The statement underscores India’s commitment to strengthening bilateral economic ties with…
Devendra Singh Chaplot: IIT Bombay Alumnus Joins Elon Musk’s xAI to Build Superintelligence
India’s growing influence in the global artificial intelligence landscape has received a major boost with the appointment of Devendra Singh Chaplot, an alumnus of IIT Bombay and Carnegie Mellon University, to Elon Musk’s ambitious AI venture, xAI. Musk himself reacted positively to Chaplot’s inclusion, highlighting his expertise as a crucial addition to the mission of…
India’s Transparent Insolvency Resolution Process Faces Setback: Vedanta Chairman on Jaiprakash Associates
India’s insolvency resolution framework, once hailed as a transparent and efficient mechanism for corporate restructuring, has come under scrutiny after Vedanta Chairman Anil Agarwal expressed concerns over the handling of Jaiprakash Associates’ case. His remarks highlight the growing debate around the credibility, speed, and fairness of the Insolvency and Bankruptcy Code (IBC), which was introduced…
‘Rahu Kal’ for Markets? Nilesh Shah Warns Oil Spike from Middle East Tensions Could Sting India
Veteran market expert Nilesh Shah has cautioned that rising crude oil prices, driven by escalating Middle East tensions, could spell trouble for India’s economy and equity markets. Referring to the situation as a potential “Rahu Kal” for markets, Shah emphasized that while India’s fundamentals remain strong, external shocks like oil spikes can still sting investors…
HCLTech Offers Work From Home as LPG Crunch Disrupts Office Cafeterias
In a surprising development, HCLTech has announced temporary work-from-home (WFH) arrangements for employees after a shortage of liquefied petroleum gas (LPG) disrupted operations in its office cafeterias. The move highlights how even non-core infrastructure issues can impact workplace dynamics in large IT companies, prompting flexible responses to ensure employee well-being and productivity. Why the LPG…
Yes Bank Appoints Vinay Tonse as Managing Director & CEO – Who is He?
Yes Bank has announced the appointment of Vinay Muralidhar Tonse as its new Managing Director and Chief Executive Officer (MD & CEO) for a three-year term starting April 6, 2026. Tonse succeeds Prashant Kumar, who steered the bank through its reconstruction phase since 2020. With over 35 years of banking experience, Tonse’s leadership is expected…
Stay Invested, Deploy Money Gradually Amid Market Volatility – Prateek Agarwal’s Advice
Amid heightened market volatility, seasoned investor Prateek Agarwal has urged investors to stay invested and deploy money gradually, rather than making abrupt moves. His perspective emphasizes patience, discipline, and a systematic approach to wealth creation, especially in uncertain times when emotions often drive investment decisions. Market Context Global and domestic markets are currently influenced by:…
Adani Energy Raises $500 Million Bilateral Debt from Apollo
Adani Energy has successfully raised $500 million in bilateral debt financing from Apollo, marking a significant milestone in its capital-raising strategy. This move underscores the group’s commitment to strengthening its balance sheet, funding expansion projects, and enhancing its position in India’s rapidly evolving energy sector. Strategic Importance of the Deal 1. Diversified Funding Sources 2….
