New Delhi: Swiss drug firm Novartis will sell its entire stake of nearly 71% in its listed Indian subsidiary for about Rs 1,446 crore to a clutch of private equity investors, led by ChrysCapital. The exit comes two years after the parent began a strategic review of its Indian subsidiary, including assessing its stake in…
Former Bharat Rashtra Samithi (BRS) leader K Kavitha, who quit the party led by her father and ex-Telangana chief minister K Chandrashekar Rao or KCR amid discord within the political family last September, has announced that she is going to float her own party in May. Kavitha, who has built up her own political identity…
Netherlands’ players celebrate the wicket of Pakistan’s Shadab Khan during the T20 World Cup in Colombo, Sri Lanka. (AP/PTI) New Delhi: During the 2016 T20 World Cup, the then Netherlands captain Peter Borren, in one of the press conferences, was almost in tears and made an emotional plea to the International Cricket Council (ICC) to…
Qualcomm and Tata Electronics partner to manufacture automotive modules in India New Delhi: Tata Electronics has joined Qualcomm Technologies’ global network of module manufacturing partners to produce advanced automotive module products in India, securing a key anchor customer for its upcoming $3 billion semiconductor assembly and test (OSAT) facility in Jagiroad in Assam. Through its…
PM Modi meets Chairman & CEO of Kyndryl, Martin Schroeter New Delhi: Artificial intelligence is no longer experimental, said Martin Schroeter, CEO of Kyndryl, one of the world’s largest IT infrastructure services providers. It is, he said, already reshaping how govts and enterprises operate, including in India. “It is the discussion that every customer wants…
India’s players and coaches run during a practice session before an ICC Men’s T20 World Cup 2026 cricket match between India and South Africa, at the Narendra Modi Stadium, in Ahmedabad. (PTI Photo) Former India cricketer Sanjay Bangar believes the India team have not fully lived up to expectations in the group stage of the…
US ambassador to India Sergio Gor speaks during the signing ceremony of the Pax Silica Declaration between India and the US on sidelines of Global AI Impact Summit 2026, in New Delhi on Friday. (ANI Video Grab) NEW DELHI: US ambassador to India Sergio Gor doubled down on US claims that India has committed to…
Crude imports from Saudi hit highest level New Delhi: Crude oil imports from Saudi Arabia have hit their highest levels since Nov 2019, clocking nearly 1-1.1 million barrels per day (bpd) in Feb, and overtaking Russia temporarily to emerge as the biggest supplier to India.According to data shared by Kpler, a global data and analytics…
The US Supreme Court on Friday struck down a series of sweeping tariffs imposed by President Donald Trump, ruling that he exceeded his authority under emergency economic powers. However, the decision does not affect several sector-specific duties that remain in place.In a 6-3 ruling, the conservative-majority court held that the International Emergency Economic Powers Act…
The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are exploiting delays and heightened expectations around tax refunds through fake emails, phone calls and SMS messages.In a message posted on X, the department urged taxpayers not to share one-time passwords (OTPs), bank details or personal information in…