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BJD leader VK Pandian has said that he will be the heir and successor to all his values of Odisha Chief Minister Naveen Patnaik and he cherishes his identity as an aide who «works for Naveen Patnaik and delivers». In an interview with ANI, Pandian said that Naveen Patnaik is contesting from two constituencies in the assembly polls even as people of the state want him to contest from all the assembly seats. He said the Chief Minister selects one extra constituency every time. Asked if it is correct to assume that he will be the political heir to Naveen Patnaik, Pandian, a bureaucrat-turned-politician, said he gets love and affection from people because of his present identity.

₹7,400.00 apiece on the BSE. Meanwhile, Bajaj Finserv shares also surged more than 6%.

Gladstone Group, a notable entity in the financial services sector focusing on mergers and acquisitions, strategic growth consulting, and executive search, has come out with new forward-looking research on trends in the M&A space.

The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy

The Czech Republic’s central bank has cut its key interest rate for the fourth straight time as inflation dropped and the economy has shown signs of recovery

Ukrainian energy workers are struggling to repair the damage from intensifying airstrikes aimed at pulverizing Ukraine’s energy grid

Cyprus has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan was deemed lacking in a specific timetable

Companies continued rewarding investors with healthy dividends in 2023 even as they tread more cautiously with returning profits through stock buybacks

A small Canadian lender is muscling its way into the banking big leagues — and that’s not an easy place to be.

Wealth management startup Altruist says it has raised $169 million, elevating its valuation to more than $1.5 billion.

WASHINGTON — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:

The United States has imposed new sanctions on hundreds of companies and people tied to Russia’s weapons development program, as well as more than a dozen Chinese entities accused of helping Moscow find workarounds to earlier penalties

NephroPlus, India's largest dialysis chain, said it has raised $103 million (₹860 crore) in a Series F funding round from Quadria Capital through a mix of fresh capital infusion and a secondary sale aimed at driving expansion plans within India and targeted markets overseas. The primary component is ₹100 crore. Quadria will become a minority shareholder post the latest round of funding which valued NephroPlus at more than ₹2,000 crore. Quadria will have a slightly higher stake than Bahrain-based Investcorp, which was the largest shareholder in the company prior to the latest round at 35-40%.

China on Thursday said it would take "necessary measures" after the United States announced fresh sanctions aimed at crippling Russia's military and industrial capabilities, punishing companies in China and elsewhere that help Moscow acquire weapons for its war in Ukraine. In a sweeping package announced on Wednesday, the US treasury department targeted nearly 300 entities in Russia, China and other countries accused of supporting President Vladimir Putin's invasion. «The Chinese side urges the US to stop smearing and containing China and stop wantonly implementing illegal and unilateral sanctions,» a foreign ministry spokesman said in a message to AFP.

Sunrisers Hyderabad snatched victory from the jaws of Rajasthan Royals on Thursday, winning by just one run. At the brink of defeat, SRH secured the victory on the very last ball, handing the table-toppers their second defeat in the tournament. The victory came on the last ball of the match, when Bhuvneshwar Kumar trapped Rovman Powell in front of the stumps, denying the Royals the one run needed to draw the match. Earlier, skipper Pat Cummins won the toss and opted to bat against Rajasthan Royals in their Indian Premier League (IPL) match at Hyderabad on Thursday.

Tata Communications has raised $250-million loan from ANZ, DBS and Export Development Canada for five years under the sustainability-linked loan (SLL) framework, chief financial officer Kabir Ahmed Shakir said. The company will look at the framework for long term debt financing and refinancing of existing debt, he said. "Our endeavour is to finance our future borrowings (including refinancing of existing debt as it matures) under the SLL released.

The Church House Human Capital fund will be launched on 15 May and will be managed by Fred Mahon, co-manager of the Church House UK Equity Growth fund. The pooled investment will target companies with a minimum 20% annual ROI and an average market cap of $8bn. «The motivation is to diversify our own private client portfolios from the huge stock concentration risk in the US and hence in global equity indices while maintaining a similar growth trajectory,» the company said. Private markets giants Brookfield and Oaktree roll out fund platform for UK wealth market Human capital is an i...

Mamaji (as former chief minister Shivraj Singh Chouhan is known) did some excellent work, and his schemes, especially Ladli Behna Yojana, have reached everyone. So, the BJP government both in the state and Centre have together given the needy a lot of suvidha (facilities)." Over 2,000km away in Kaziranga, Assam, Rubika Ingtipi, 25, a vegetable seller from Karbi Anglong, echoes similar sentiments. “We get help under the (state government’s flagship) Orunodoi scheme, along with benefits from other welfare policies.

Ventura Securities has initiated coverage on VIP Industries with a Buy rating and has recommended a price target of Rs 741 with a 24-month view. The target price signals an upside potential of nearly 35% from the current market price of Rs 551. “Over FY23-27, we are expecting the company’s revenue/ EBITDA/ net earnings to grow at a CAGR of 14.6%/16.4%/18.5% to Rs 3,593 crore/Rs 581 crore/Rs 300 crore, respectively, while EBITDA and net margins are expected to improve by 96 bps to 16.2% and 105 bps to 8.4%, respectively. Return ratios – RoE and RoIC – are expected to improve by 694 bps to 30.7% and 2647 bps to 58.3% by FY27,” the brokerage report states.

Minor Hotels, a global hotel owner and operator with more than 540 properties in 56 countries said on Thursday that it plans to expand its presence in the Indian hospitality market and is targeting 50 new openings within the next decade. The group said it will focus its strategy on the upper-upscale and luxury hotel segments, where it expects strong interest from owners for its Anantara, Avani, and NH Collection brands. Minor said for Anantara Hotels & Resorts, the group is building on 'core brand differentiators' by targeting opportunities in Ayurvedic wellness retreats, wilderness lodges, and historical palaces. It also believes Avani Hotels & Resorts is well positioned to fill a significant gap in the lifestyle hotel space across India, while NH Collection Hotels & Resorts will prove attractive for upper- upscale conversion opportunities.

It’s taking bumper corporate earnings and profit forecasts to impress investors this season, after a record first-quarter rally left stocks looking expensive.