Tata Capital's board has approved plans for an IPO to list by September, comprising fresh shares and stake-sale, potentially valued at $1.7 billion. This move complies with RBI's mandate for 'upper-layer' NBFCs. Tata Sons, holding 93% of Tata Capital, plans to sell shares to support other ventures, while maintaining a significant stake post-listing. A rights offering worth Rs 1,504 crore has also been approved.
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A Nepali teenager faced a lone battle for justice after accusing her father of raping her in 2023. Despite her mother's initial support, she later turned hostile during the trial. However, the court sentenced the father to life imprisonment and awarded the girl 2 lakh compensation.
BCCI's new policy prevents Indian cricketers' families from joining the team in the UAE for the 2025 Champions Trophy due to the tour's duration being under 45 days. For longer tours, families can visit for up to two weeks. The 10-point policy, introduced in January, aims to bolster team building and mandates players to participate in domestic cricket.
US President Donald Trump temporarily lifted tariffs on Canada and Mexico, easing trade tensions and providing relief after market backlash. The suspension is effective until April 2 and follows similar relief in the automotive sector. Broad tariffs on steel and aluminium will still be implemented next week, with Canada and Mexico remaining partly affected.
Tamil Nadu CM M K Stalin criticized the Modi govt over the NEP and withholding of funds, threatening to stop tax collections sent to the Centre. Stalin accused the Union govt of undermining state rights and development. Union Education Minister Pradhan urged TN to prioritize students and avoid politicizing education.
The Australian cricket team has left for Dubai, while South Africa plan to leave soon for the Champions Trophy semifinals. Matches are scheduled in Dubai and Lahore, but the exact fixtures depend on India's match against New Zealand. Australia and South Africa aim to maximize training time by traveling early, possibly returning within 24 hours based on final standings.
Bangladesh's chief adviser, Muhammad Yunus, urged Pakistani PM Shehbaz Sharif to resolve outstanding issues from 1971 to improve bilateral relations. While Sharif highlighted the 1974 tripartite agreement, Yunus emphasized the importance of a SAARC summit. Both leaders agreed to strengthen ties through trade, cultural exchanges, and cooperation in areas like sugar industry and dengue management.
A Jaguar fighter jet crashed near Jamnagar during a training mission, killing one pilot and injuring another. The incident caused a massive fire and panic among nearby villagers. Emergency teams responded quickly, and the injured pilot was taken to GG Hospital. The exact cause of the crash remains unknown.
Congress president Mallikarjun Kharge criticized PM Narendra Modi over reports that the Adani group received strategic land on the International Border with Pakistan, jeopardizing national security. Kharge questioned if security rules near the borders with Pakistan, Bangladesh, China, Myanmar, and Nepal were relaxed, and the implications for defense mechanisms.
Alerts from three Pune hospitals about Guillain-Barre Syndrome (GBS) cases led to the discovery of an unprecedented cluster of 73 cases by Friday. Experts linked the outbreak to Campylobacter jejuni bacteria. An investigation commenced, with authorities conducting door-to-door surveys and increasing awareness. The Union health ministry is sending a team of doctors to assist local efforts in controlling the spread.
Uttar Pradesh deputy chief minister Brajesh Pathak criticized Akhilesh Yadav's comments after Yadav took a holy dip at the Triveni Sangam during Maha Kumbh at Prayagraj. Yadav had highlighted the need for better arrangements for elderly pilgrims. Pathak defended the event's organization, urging focus on shared faith and unity. Amit Shah is set to visit Prayagraj soon.