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Private equity firm Lighthouse Funds, which has backed consumer brands such as Bikaji Foods, Wow Momos and Nykaa, has invested Rs 284 crore (around $34 million) in fashion and silver jewellery brand Kushal’s. The investment round also includes a secondary buyout, allowing a partial exit for Kushal’s first institutional investor, India SME Investments.

Eugene Levy is the latest addition to the cast of season four of the popular Hulu series "Only Murders in the Building". Levy joins the lead trio of Steve Martin, Martin Short, and Selena Gomez in the upcoming chapter of the show, reported entertainment news outlet Variety. Meryl Streep, Eva Longoria and Molly Shannon will also star in the fourth season of «Only Murders in the Building» in recurring roles. The new installment of the hit crime comedy will begin with Martin, Short, and Gomez's characters taking a trip to Los Angeles before the action returns to its central location, The Arconia apartments, in New York City.

National Company Law Tribunal (NCLT) on Wednesday told Byju’s to respond to two separate insolvency petitions filed against the troubled edtech firm by US lenders and the Board of Control for Cricket in India (BCCI). In the first matter, the Bengaluru bench of NCLT provided Byju’s parent Think & Learn three weeks from now to file its objections to a petition filed by Glas Trust Company LLC, the administrative agent appointed by a group of lenders that had extended a $1.2-billion term loan B to its US subsidiary Alpha Inc to collect the debt under the guarantee agreement.

CPI declaring Annie Raja its candidate from Kerala's Wayanad, the Congress Wednesday said it is in alliance with the Left in different states but they have always and will continue to oppose each other electorally in Kerala. The Congress's assertion came after Annie Raja, wife of CPI general secretary D Raja, was nominated to contest from the pivotal Wayanad constituency, a seat presently held by Congress leader Rahul Gandhi. Asked about Annie Raja's candidature, Congress general secretary Jairam Ramesh told reporters, «The Left parties are very much part of the INDIA group. It has always been understood that this does not preclude group partners from contesting against each other in different states especially Kerala.» «The Congress and the Left are allies in different states but in Kerala we have always and will continue to oppose each other electorally,» he asserted.

Akhilesh Yadav on Wednesday said among the party MLAs who cross-voted in the Rajya Sabha elections, some defected to save their lives and some were under pressure. He said action will be taken against those who cross-voted according to the «established rules». Asked about the seven SP MLAs who cross-voted in favour of the BJP in the Rajya Sabha elections held on Tuesday, Yadav told reporters, «Think how much pressure is there from the government. STF is an agency of the government. Some people have gone (to the BJP) to save their lives, some under pressure and some to get respect. We hope they will get the honour soon.» On the question whether any action will be taken against the SP MLAs who cross-voted in the Rajya Sabha elections, the party president said, «Action will be taken as per the established rules.»

Moses Singer LLP partner Howard Fischer tells ‘The Claman Countdown’ that both sides in Sam Bankman-Fried’s case will ‘make good arguments.’

Vikramaditya Singh from the council of ministers in Himachal Pradesh has deepened the crisis for Chief Minister Sukhvinder Singh Sukhu-led Congress government in the hill state. The development comes a day after at least six Congress MLAs cross-voted in Rajya Sabha elections, leading to the shocking defeat of Congress leader Abhishek Manu Singhvi to Bharatiya Janata Party's Harsh Mahajan.

Himachal Pradesh Minister of the Public Works Department (PWD) Vikramaditya Singh stepped down from his position, a day after the Rajya Sabha election result in the state. In Assam, Goswami was the former MLA of Jorhat, he is headed to New Delhi where he is likely to join BJP. Earlier on Tuesday, when asked about the speculations of Goswami switching sides, Assam CM Himanta Biswa Sarma had said he had no information about it, but "he is a powerful leader of the Congress and if he joins the BJP, I will welcome it".

₹429 crore initial public offering (IPO) of Exicom Tele-Systems was opened for subscription on Tuesday, February 27 and remains open till Thursday, February 29. The IPO received a stellar response as it was subscribed 10.02 times on the first day of issue after being fully subscribed within hours of opening, led by solid demand from retail investors. The IPO comprises a fresh issue of equity shares totaling up to ₹329 crore and an Offer for Sale (OFS) component of up to 70.42 lakh equity shares by promoter NextWave Communications.

Jesper Brodin, Global CEO of Ikea's franchisee holding company Ingka Group. Acknowledging that India is a "challenging market", Brodin in an interview with The Economic Times said it is tough "keeping up with the rapid development of digital and physical infrastructure in the country". “It has been interesting to see the speed of development over the last five to ten years.

₹250 Crore) dispute, avoiding a prolonged legal battle, on February 29, as per an official release. The settlement was reached through mutual negotiations and approved by the National Company Law Tribunal (NCLT) last week. The formal withdrawal of the case is scheduled for March 1, 2024.

Himachal Pradesh," he said, adding that party observers Bhupesh Baghel, DK Shivakumar, Bhupinder Hooda are in Shimla to hear grievances of MLAs. He further said, “Individual's interests are not important as the party is supreme; people's mandate needs to be respected. We cannot lose mandate through BJP's 'Operation Lotus', only people can take it back." The Congress leader assured that accountability will be fixed for cross-voting in the Rajya Sabha poll in Himachal Pradesh.

Abhishek Manu Singhvi. Notably, the results were tied at 34 votes each, however, ‘draw of lots’ sealed the deal for BJP compounding Congress woes in the hill state as the Chief Minister Sukhwinder Singh Sukhu government looks at a possibility of collapse of the Congress government. Sukhvinder Singh Sukhu, a Congress leader came to power after the Himachal Pradesh Assembly elections in 2022.

Punjab news: Bunty Bains, a Punjabi lyricist and close friend of the late singer Sidhu Moosewala, escaped unharmed on 27 February when bullets were allegedly fired at him by unidentified individuals in Mohali, police said as reported by news agency ANI. As per the report, the incident took place at a dhaba in Sector 79 of Mohali. Bains and his friends were present at the dhaba when the firing occurred.

Here are all the latest updates on Himachal Pradesh political crisis.Speaking to reporters, Himachal Pradesh CM Sukhvinder Singh Sukhu asserted that no one has asked for his resignation, nor has he offered to quit."We will prove the majority. We will win, the people of Himachal will win," he said.Congress General Secretary in-charge Communications Jairam Ramesh has said that a report would be presented to Congress President Malliakrjun Kharge by DK Shivakumar and Bhupinder Singh Hooda who have been appointed as the 'Observers' in the Himachal Pradesh political crisis.According to Jairam, the party will take the next step based on the report."Maybe some harsh decisions will have to be made but we won't shy away from that.

ICICI Lombard General Insurance Company Ltd. traded 0.16 per cent down in Wednesday's trade at 01:54PM (IST). Around 48,898 shares changed hands on the counter. The counter opened at Rs 1739.95 and touched an intraday high and low of Rs 1739.95 and Rs 1688.0, respectively, in the session so far. Shares of the company of ICICI Lombard General Insurance Company Ltd. quoted a 52-week high of Rs 1739.95 and a 52-week low of Rs 1049.1.

India’s position remained unchanged at 42 at the International IP Index 2024 compared to 2023, with no change even on the index score which stood at 38.64% since 2022, the US Chamber of Commerce said in a report released on Wednesday. The index ranks 55 countries on their intellectual property (IP) regime. The top countries on the index were the USA (95.48%), UK (94.12%), France (93.12%), Germany (92.46%), Sweden (92.12%), Japan (91.26%), Netherlands (91.24%), Ireland (89.38%), Spain (86.44%) and Switzerland (85.98%).

markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business. In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements. Additionally, it proposed exempting funds with concentrated holdings in entities without a promoter group, where there is no risk of breaching Minimum Public Shareholding (MPS) requirements, from enhanced reporting obligations.

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday said he hasn't resigned from the post amid the brewing political storm in the state. «There are reports in some media houses that the CM has resigned. I want to clarify that I haven't resigned. I am a warrior,» he said. In addition to this, the state CM said, «We will prove our majority during the Budget Session. I also want to make it clear that the Congress government will complete its full 5-year term.»

Adani Power Ltd. slipped 2.13 per cent to Rs 554.55 in Wednesday's trade as of 01:44PM (IST). The stock hit a high price of Rs 570.0 and low of Rs 550.0 during the session. The return on equity (ROE) for the stock stood at 65.35 per cent. Traded volume on the counter stood at 01:44PM shares and turnover at Rs 2.95 crore around that time. The stock of Adani Power Ltd. quoted a 52-week high price of Rs 589.3 and 52-week low prices of Rs 132.55, respectively.

Indian Oil Corporation Ltd. rose 2.42 per cent to Rs 169.05 in Wednesday's trade. It hit an intraday high of Rs 173.45 and low of Rs 167.7, respectively, during the day. The stock quoted a 52-week high price of Rs 196.8 and low of Rs 75.77.