WILL DEFINITION
Bajaj Group seeks CCI's nod to acquire Allianz's 26% stake in insurance JVs
Bajaj Group is seeking CCI approval to acquire Allianz SE's 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, potentially gaining full control. The deal, valued at ?13,780 crore and ?10,400 crore respectively, ends a 24-year partnership. Bajaj asserts the acquisition won't harm competition, citing a fragmented insurance sector.
TikTok plans to build 1 billion euro data centre in Finland, spokesman confirms
TikTok plans to invest 1 billion euros to build its first data center in Finland, moving European user data storage to the continent. This is part of its broader Project Clover, addressing data security concerns amidst growing privacy scrutiny from lawmakers and governments.
US auto tariff relief brings temporary respite for OEMs, but uncertainty looms: Jay Kale
Auto tariff relief in the US offers a temporary respite for OEMs, but inflationary pressures persist across sectors. Uncertainty looms, potentially leading to a demand slump, exacerbated by recent guidance cuts from Porsche and pre-buying trends. While domestic auto majors acknowledge a recent slowdown, TVS remains optimistic about two-wheeler growth, contrasting with Maruti's muted outlook on passenger vehicles.
IPL’s robot dog Champak in hot legal soup over comic book clash
IPL Champak: The BCCI faces a legal challenge as the Delhi High Court addresses a trademark infringement suit filed by Champak comic's publisher. The dispute concerns the IPL's new robotic dog, also named 'Champak,' whose interactive presence has captivated fans. The robot, equipped with advanced features, quickly became an IPL fixture, performing duties like coin tosses.
Kiara Advani posts babymoon photos with Sidharth Malhotra; fans can’t stop admiring her pregnancy glow
Kiara Advani and Sidharth Malhotra tied the knot in 2023. The couple, who are expecting their first soon, are currently on vacation. While Kiara did not reveal the location of their trip, she posted some adorable photos from the holiday.
Want to build a long-term portfolio? Look local & focus on these 3 sectors: Sudip Bandyopadhyay
Inditrade Capital's Group Chairman, Sudip Bandyopadhyay, advises investors to tread cautiously, emphasizing domestic sectors like cement, infrastructure, and power. He highlights cement's insulation from tariffs and infrastructure's boost from government spending. Bandyopadhyay also sees long-term potential in the power sector due to structural changes, while geopolitical tensions remain largely unpriced by the market.
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Video games releasing in May 2025: Full list of upcoming titles with release dates
For video game enthusiasts, this May is going to be filled with several new title releases. Besides new video games, the remastered or console version of some new titles will be released as well.
India in reasonably good spot; retail investors should stay invested for long: Sebi chairman
India is in a reasonably good spot despite global headwinds and retail investors should stay invested for long market volatility notwithstanding, Sebi Chairman Tuhin Kanta Pandey said on Tuesday.
India in reasonably good spot; retail investors should stay invested for long: Sebi chairman
Sebi Chairman Tuhin Kanta Pandey said India remains resilient despite global headwinds, urging retail investors to stay invested long-term. Citing strong economic fundamentals, he emphasized informed decision-making, cautioning against speculative F&O trades and unregistered financial influencers amid market volatility and evolving investor behavior.
Sam Altman once considered presidential run, now signals openness to Trump: Vanity Fair report
The shift comes as Trump unveils a $500 billion AI initiative, dubbed Stargate, aimed at building national AI infrastructure with backing from OpenAI, Oracle, and SoftBank. According to Vanity Fair, Altman and Trump had communicated before the inauguration — hinting at possible alignment between the two.
Citadel: Honey Bunny to S.W.A.T - 5 big US shows cancelled in 2025
After streaming platforms and TV networks cancelled some major shows, fans are disappointed to see some of their favourite series being axed without any resolution. Take a look at the biggest cancellations from S.W.A.T to Based On A True Story.
Microfinance recovery at least 2 quarters away; Q4 going to be tough for NBFCs, MFIs: Shweta Daptardar
Elara Capital's Shweta Daptardar indicates the microfinance sector still faces challenges, with recovery expected to take at least two more quarters, further impacted by the Tamil Nadu ordinance affecting credit discipline. While liquidity infusion and rate cuts favor AAA-rated NBFCs, asset quality concerns persist. Monitoring asset quality trends remains crucial for the sector.
Buy on dips instead of selling on rallies now; PSUs remain bull market leaders: Dharmesh Shah
Dharmesh Shah of ICICI Direct suggests Nifty may consolidate between 23,300 and 24,500, creating a healthier market with stock-specific action during the result season. He advises investors to buy on dips, particularly in banking, PSU, metal, auto, and pharma sectors. He also recommends specific stocks like Axis Bank, SBI, and Bharat Forge.
Porsche will 'definitely' raise prices if US tariffs remain in place
"If negotiations do not turn out to be successful and the tariff regime would stay as we see it today, we will definitely increase prices in the U.S. to have some mitigating factors on our margin," Jochen Breckner said.
Avoiding IT, ferrous metal stocks for potential headwinds from US: Neeraj Dewan
Neeraj Dewan is cautious about large and mid-cap IT stocks due to high valuations and potential US headwinds, anticipating profit-taking. He also avoids ferrous metals like Tata Steel due to a lack of clarity and weak rebound. Dewan suggests caution on non-ferrous metals and sees continued outperformance in defence stocks like Mazagon Dock and HAL.
IDFC First Bank’s MFI provision will go down every quarter from now; opex to fall further to 12-13%: V Vaidyanathan
IDFC First Bank's MD & CEO, V Vaidyanathan, anticipates improved performance in FY26, driven by peaking microfinance provisions and reduced operating expenses. The bank expects a gradual ROA improvement, particularly in Q3 and Q4, with PAT increasing as the microfinance challenges subside. Strong CASA, deposit, and loan growth, excluding microfinance, further support this positive outlook.
Dollar limps along on U.S.-China trade standoff
The dollar struggled to recover losses amid conflicting signals on Sino-U.S. trade talks, with the U.S. placing the onus on China. Investors, rattled by the uncertainty, sought refuge in the yen and Swiss franc. Despite softened stances from both sides, a near-term deal seems unlikely.
Pahalgam attack: 'Definition of Aggression' can nail Pakistan in UN General Assembly
Pakistan may face accountability in the UN General Assembly for the Pahalgam attack under a 1974 resolution concerning aggressors supporting armed groups. As a non-permanent UNSC member until 2026, Pakistan might leverage China to obstruct any implicating resolution. India is gathering evidence to present to the UNGA, while the UNSC has already condemned the attack.
Spice warning: Study reveals how a sweet sprinkle of cinnamon could sabotage your medications
A new study from the University of Mississippi warns that high doses of cinnamon, particularly Cassia cinnamon, could interfere with prescription medications. Its key compound, cinnamaldehyde, may accelerate drug breakdown, reducing effectiveness. Experts urge moderation and recommend consulting healthcare providers, especially for individuals with chronic illnesses, before adding high-dose cinnamon supplements to their routine.
Candidate walks out after interviewer no-show, leaves polite yet powerful mic-drop message that wins the internet
A Redditor shared their unusual interview experience where, after traveling and taking leave from work, they found the interviewer absent and no alternative ready. Choosing professionalism, they sent a respectful but firm message declining further proceedings. The post sparked widespread support online, highlighting the growing importance of mutual respect and time valuation in today’s job market.
LG Electronics IPO to be delayed amid market volatility
South Korean major LG Electronics has delayed the upcoming initial public offering (IPO) for its Indian unit, amid volatility in the local share markets, according to industry insiders.
Doctor can't be punished for prescribing a medicine from any pharma company: HC
The Orissa High Court has provided relief to doctors. It ruled that prescribing specific drugs, even from particular companies, isn't a crime. Unless the drug is dangerous or of poor quality, doctors are protected. The court quashed proceedings against Dr. Rabindra Kumar Jena. He was accused of favoring certain pharmaceutical companies.
Airspace closure: Ram Mohan Naidu says government assessing situation, working with airlines for solutions
The Civil Aviation Ministry is carefully examining the impact of Pakistan's airspace closure. Minister K Ram Mohan Naidu says they are working with airlines to find solutions. The ministry will assess the effects on airlines and passengers. This includes potential fare increases due to longer flight times. Safety remains a key priority.
BJP MP Nishikant Dubey demands investigation into Pakistani nationals married to Indian citizens
BJP MP Nishikant Dubey asserted that Kashmir will return to India and Pakistan will disintegrate into Balochistan, Pakhtunistan, and Punjab. He criticized marriages between Indian citizens and Pakistani nationals, advocating for scrutiny. Dubey also linked Bangladesh's government to Lashkar-e-Taiba and called for securing the India-Bangladesh border.
NYT Connections today hints and answers for Sunday, April 27, 2025 (#686): Full breakdown, categories, and how to solve today's easier puzzle
NYT Connections today hints and answers — Sunday, April 27 (#686) brings an easier, fun puzzle for fans trying to keep their streak alive. With a difficulty rating of 3.2 out of 5, today’s NYT Connections puzzle mixes everyday words like "Goldfish," "Combo," and "Massage" into clever categories. You'll spot calculator buttons, amounts of hair, salty snacks, and a nod to Sweden! If you're hungry for hints or just want the full answers, this guide walks you through every grouping and explains why today's puzzle felt a bit lighter than yesterday’s.
Buy the dip in case of a big gap-down opening on Monday; 2 stocks to pick: CA Rudramurthy BV
CA Rudramurthy BV of Vachana Investments advises investors to buy on dips, particularly in private and PSU banks, insurance, and NBFCs. He highlights ICICI Bank and Paytm as promising stocks, with Nifty support at 23,400-23,500 and bank levels around 52,800-53,000 as buying opportunities. Any rally in IT and metals should be used to shift into these sectors.
Pahalgam terror attack due to 'intelligence failure': Former Army Chief Shankar Roychowdhury
Former Army chief General Shankar Roychowdhury (Retd) attributed the Pahalgam terror attack to an "intelligence failure," demanding accountability. He suspects Pakistan and the ISI's involvement in the attack, which resulted in the deaths of 26 civilians.
'I’ll definitely play in the IPL', says former Pakistani cricketer Mohammad Amir as India shuts diplomatic doors on Islamabad
Amid strained India-Pakistan relations following the Pahalgam attack, Mohammad Amir expressed his desire to play in the IPL, prioritizing it over the PSL if given the opportunity. However, with India suspending ties and the BCCI maintaining its ban on Pakistani players, Amir's IPL dream faces significant hurdles.
Winston Peters criticizes RNZ host during gender definition bill debate
New Zealand First leader Winston Peters faced backlash after a heated interview. The discussion revolved around a bill defining "woman." Peters accused the interviewer of bias and threatened to cut RNZ's funding. Labour leader Chris Hipkins condemned Peters' remarks. Prime Minister Christopher Luxon has remained silent. RNZ defended its journalistic integrity. Budget announcements regarding media funding are expected soon.
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