Ace investor Vandrevala eyes clean food sector after sale of Good Culture for $500 million

Billionaire investor Cyrus Vandrevala targets his next growth-equity focus into health-forward food following the $500 million-plus sale of Good Culture. Vandrevala’s move aims at tapping into the rising global demand…

AM Green, V.O.C Port Authority to develop 200ktpa green ammonia bunkering hub

Greenko-founders-backed AM Green on Friday announced a partnership with V.O. Chidambaranar Port Authority (VOCPA), under the ports ministry, to jointly develop a 200 kilotonne per annum (ktpa) green ammonia bunkering…

Nestle India rejects Maggi infestation claims after FSSAI notice, says ‘yet to receive complaint sample’

Nestle India on Friday dismissed claims of insect contamination in a Maggi noodles pack after the Food Safety and Standards Authority of India (FSSAI) flagged online grievances and sent an…

RBI imposes restrictions on Mogaveera Co-operative Bank for 6 months

Mumbai: The Reserve Bank has imposed several restrictions on , Mumbai, including capping withdrawals at Rs 1 lakh, amid its deteriorating financial position. The restrictions are effective from the closure…

Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?

The first advance tax instalment deadline of FY 2026-27 falls on June 15, by which eligible taxpayers are required to pay a portion of their estimated tax liability for the…

Wall Street stocks drift as Middle East uncertainty looms, SpaceX debut in focus

US equities are drifting on Friday as investors assessed conflicting updates on Middle East diplomacy while bracing for SpaceX’s historic public market debut. As of 10:05 a.m. Eastern Time, the…

Tryfacta files for GIFT City IPO; may become first US-headquartered firm to list in India

US-based workforce solutions provider Tryfacta has filed draft papers for an initial public offering (IPO) on GIFT City’s exchanges, setting the stage for what could be the first equity listing…

SpaceX IPO: Investing platforms anticipate increased traction from Indian investors

As Elon Musk’s SpaceX goes public in what is the largest ever IPO in history, Indian retail investors too are eager to get a piece of the soon-to-be $1.75 trillion…

SEBI to review delisting rules to simplify capital market exit process

India’s markets regulator will review its delisting framework in an effort ​to ease capital market processes, its chairman said ‌at a summit on Friday. * “A well-developed ​capital market must…

When independence meets kinship: Independent director dilemma

The Securities and Exchange Board of India’s (SEBI) recent clarification on independent directors has caught many stakeholders, particularly corporate governance and taxation experts, by surprise. In response to an informal…