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₹62.5 crore to Kalanithi Maran on Monday, and is planning to clear the remaining ₹37.5 crore within a day, to comply with a 24 August Delhi high court order in connection with the arbitral award. In a separate development earlier in the day, the Supreme Court ordered the debt laden airline to settle dues to Credit Suisse by 22 September. The SC also warned SpiceJet and its promoter Ajay Singh, for not complying with its order in the case of defaults to Credit Suisse.

I have held a health insurance policy worth ₹5 lakh for the past decade. However, I now believe that this coverage is inadequate, and I wish to enhance it to ₹50 lakh. Additionally, I had previously made a claim of approximately ₹4 lakh under my current policy four years ago. How do I increase the cover? Will I be eligible to do so with the same insurance company or will I need to look for other insurers? —Name withheld on request You have three options here.

Delhi High Court has directed the state government, MCD and DDA to explain how permissions were granted for new constructions in the Southern Ridge forest area where a multi-storey housing project has already come up. The high court was informed by the amicus curiae that there have been illegal construction activities being carried out in Chattarpur area within the southern ridge. «The counsel appearing on behalf of the Forest Department, Delhi government as well as counsel for MCD and Delhi Development Authority (DDA), are directed to file a detailed and exhaustive affidavit, explaining the grant of permissions in respect of new constructions in the Southern Ridge forest area, including but not limited to the housing project 'Risland-Sky Mansion',» a bench of Justices Satish Chandra Sharma and Justice Sanjeev Narula said. The high court was hearing a batch of PILs on the problem of poor ambient air quality in Delhi, an issue which it has also taken up suo motu and in which it has also appointed an amicus curiae (friend of the court).

RailTel, which was entrusted to provide uninterrupted telecom services and cyber security solutions for the G20 Summit, said more than 3,600 mandays were invested to come up with an information technology infrastructure of global standards for the two-day mega event. The IT solution provider under the railways ministry said the integrated telecom network at the 122-acre ITPO campus at Pragati Maidan, particularly at the newly inaugurated summit venue Bharat Mandapam, entailed a massive infrastructure with 1,675 indoor antennas, over 35 kms of radio frequency cable and 25 kms of fibre cables. The summit of the influential grouping was held on September 9 and 10. In a statement, RailTel said that «over 3,600 mandays were invested by RailTel and its partners to establish cutting-edge mobile network infrastructure and a neutral in-building telecom infrastructure...». It added that as part of the project, WiFi infrastructure was strategically placed in outdoor corridors, covering the various halls slated for G20 events, and the back-end IT infrastructure for WiFi access was seamlessly integrated with the indoor WiFi infrastructure.

The Department of Labor got a taste over the weekend of the fierce opposition it will encounter as it tries again to strengthen investment advice rules for retirement accounts.

washing machine covers available in the market. Whether you have a front-loading or top-loading machine, these covers come in various designs, sizes, and materials to suit your needs. From elegant floral prints to sleek, minimalist options, there's a cover to match your home decor.

KL Rahul, on 17, were batting when rain forced the players off on Sunday. Meanwhile, in a blow for Pakistan, fast bowler Haris Rauf will not bowl "against India as a precautionary measure" due to "discomfort in his right flank," the Pakistan Cricket Board said.

₹62.5 crore out of the due of ₹100 crore to Sun Group chairman Kalanithi Maran in connection with the arbitral award execution. The airline plans to pay the remaining ₹37.5 crore to Maran today or latest by tomorrow, depending on banking hours. SpiceJet wrote a cheque of ₹37.5 crore in the court, but Maran's side declined it and requested SpiceJet to transfer the amount via RTGS.

Amidst the bustling streets of India, where road conditions remain uncertain and traffic takes on a chaotic nature, obtaining car insurance transforms from a mere legal obligation into a judicious choice.

Bino Pathiparampil of Elara Capital, says: “We have identified the cheapest stocks on a PEG basis and from among them, we have identified a few lists of stocks, which potentially look pretty attractive. Those include among the midcaps – Power Finance Corporation, Samvardhana Motherson, NHPC; among pharma names, Lupin and Aurobindo; among cement names, Dalmia Bharat and JK Cement, Zee Enterprises etc. “In the smallcap space that includes SJV and Bharat Dynamics, PVR Inox, J&K Bank, PNC Infratech, Marksans Pharma and Gabriel India. These valuations are still not stressed on a growth-adjusted basis, and we see potential for rerating from significant capital inflows into the mid and smallcap space.”What do you think is the cause of the stellar rally that we have witnessed? Do you think it is just a pullback from the earlier underperformance? Is it here to stay?We have seen a great rally in the small and midcaps in the last few months in this calendar year. We did some analysis to see how the outperformance of the rally pans out over a longer period. If we look at a 10-year timeframe, the smallcaps and midcaps have outperformed the Nifty by about 600 to 600 bps on the mid-cap index and 300 plus bps annualised for the smallcap index. But this outperformance comes down significantly if you look at the last five-year timeframe.

Insurer RACQ could have picked up a discounting glitch as early as 2012, nine years before it morphed into a $240 million blowout when it was eventually discovered.

In a turn of events where both teams could claim divine intervention, the Asia Cup 2023 Super Four match between India and Pakistan found itself at the mercy of the weather gods. Initially dominated by Indian batsmen Rohit Sharma and Shubman Gill, the much-anticipated cricket battle was halted due to persistent rain, and would resume from where it left off the next day, September 11. Rainfall, proving to be an equaliser of sorts, had the last word in a game where India's opening duo put Pakistan's bowling attack to the sword.

Asia Cup 'Super 4' clash between India and Pakistan was washed out on Sunday due to relentless rain. The showdown, set at the R Premadasa Stadium in Colombo, was forced into a reserve day, scheduled for September 11. On Sunday, as the contest unfolded and India's innings reached its halfway point, rain showers abruptly disrupted the game.

The much-anticipated India vs Pakistan clash in the Asia Cup 2023 faced an unexpected interruption as rain washed out the day's play. The match, originally in full swing at The R. Premadasa Stadium in Colombo, will now resume from where it left off, as decided by the officials.

Joe Biden engaged in talks with Chinese Premier Li Qiang at the G20 summit held in New Delhi. This marks the most senior-level interaction between the US and China in nearly 10 months. Li Qiang stood in for President Xi Jinping, whose absence at the summit raised eyebrows.

NPS also offers a lot of flexibility. Investors can choose their asset mix by dividing the corpus among four different types of funds. They can also change this asset mix up to four times a year. The choice of pension fund managers has also broadened.

About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial tr...

By Ahmed Eljechtimi

By Jihed Abidellaoui, Alexander Cornwell and Ahmed Eljechtimi

G20 Summit, sharing working space at the International Media Centre for the last three days made them experience the spirt of «one family». From September 8-10, scribes and camerapersons from Italy to Singapore and Turkiye to Brazil worked from the facility at the newly built Bharat Mandapam — the summit's venue. In between work, they chatted over cups of coffee and Indian meals, and also learned about cultures of different countries from each other. «The G20 theme is 'one world, one family, one future', and all of us have been working with one aim in one space, under one roof.

world economy was beset with new challenges in meeting the sustainable development goals. The G20 Leaders’ Declaration under Prime Minister Narendra Modi’s astute navigation represents momentous progress, with the Indian presidency setting new benchmarks for global collaboration under the G20 India theme of ‘Vasudhaiva Kutumbakam’ or ‘One Earth, One Family, One Future.’ It was under the same theme that the Business 20 (B20) engagement group of the G20, representing global businesses, developed a wide range of recommendations to the G20 over the year. Hosted by the Confederation of Indian Industry (CII), the B20 platform brought together about 1,500 members from G20 and invitee countries, and numerous other stakeholders from across the globe.