Blackstone in fray to acquire IIFL Fin stake

Blackstone Inc is among global investment firms in the fray to buy a stake in IIFL Finance, just as Fairfax Financial Holdings looks to exit from the company, according to people familiar with the matter.Fairfax, founded by Indian-born Canadian billionaire Prem Watsa, is weighing selling its entire holding in IIFL Finance to comply with regulatory…

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Woman returned from maternity leave to the same Rs 2.6 lakh monthly salary but fewer managerial duties; Delhi HC awards Rs 10 lakh, says pay alone cannot protect career

The High Court has made it clear that the statutory safeguard also covers the work she performs. (Image for representative purpose only) A woman with 14 years’ experience returned to her job after maternity leave only to find that while her salary had remained the same, her managerial duties had been reduced. Now the Delhi…

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Carbon pricing relief for Indian exporters to UK

The UK Treasury has agreed to recognise India’s carbon credit trading scheme, potentially allowing exporters to avoid paying carbon charges twice. NEW DELHI: In a boost for businesses, the UK has agreed to recognize India’s carbon credit trading scheme, which will enable exporters to avoid “double taxation”.Officials said that the UK treasury has agreed to…

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Gadkari plans graded driving licence points: Traffic violations could cut points, repeat offenders may lose licences while good drivers could get rewards

The proposed system would assign penalty points to motorists for different traffic offences. (Image for representative purpose only) Soon every traffic offence you commit will show negatively on your driving licence. The government is working on a graded points-based system for driving licences, Union minister for Minister for Road, Transport and Highways Nitin Gadkari has…

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In 1984, India started its metro rail journey; over 40 years later its network is set to surpass the US in two years to become second largest after China

India’s metro network has grown more than fourfold in just over a decade. India’s metro network has grown multifold in the last few years and may soon overtake the network in the United States of America. This would make India the country with the second largest metro network in the world after China.India could surpass…

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Gold price prediction today: Where are gold prices headed? Check outlook for September 7, 2026 week

Gold prices started the week near $4,400/oz after recording a weekly decline. Gold price prediction today: Gold seems to be facing pressures from multiple fronts, entering a corrective phase, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here’s is what he has to say about the gold price outlook:Gold has…

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