Jagdeep Singh, the former CEO of Quantumscape, has an annual salary of Rs 17,500 crore ($2.06 billion), which surpasses the revenue of several large corporations in the world

Jagdeep Singh

Four Kirloskar companies on Saturday said they have filed an appeal before the Securities Appellate Tribunal challenging the SEBI letter asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on September 11, 2009.
In a joint statement, the Kirloskar companies -- Kirloskar Ferrous Industries Ltd (KFIL), Kirloskar Industries Ltd (KIL), Kirloskar Pneumatic Company Ltd, Kirloskar Oil Engines Ltd -- said they have filed the appeal before SAT challenging the SEBI letter dated December 30, 2024 wherein the market regulator advised them to disclose the Deed of Family Settlement (DDS).
On December 31, these companies stated that they were preparing to legally challenge the letter by SEBI.
The markets watchdog in its letter stated that "since the DFS is subsisting in nature, indirectly creates a restriction on the listed entities managed/promoted by the parties to such DFS, warrants disclosure, regardless of whether such listed entity is a ..

Kirloskar Industries Ltd (Photo: Kirloskar)

Kirloskar Industries Ltd

Health Ministry convenes monitoring group meeting over hMPV surge in China

Fever, Unwell, Cold, Unhealthy

Around 45 passengers were injured when a private bus rammed into two trucks, which had already collided with each other on the Delhi-Mumbai Expressway in Rajasthan's Dausa district on Thursday, police said.
Nangal-Rajawatan DSP Charul Gupta said that a bus of devotees was going from Ujjain to Delhi when the accident occurred due to dense fog.
The DSP said around 45 passengers in the bus were injured and more than 20 were admitted to Dausa District Hospital.
Four were referred to Jaipur and some injured left for Noida and Delhi for treatment, she added.
Gupta said the accident took place near Lahdi Ka Bas on the Delhi-Mumbai Expressway in Dausa district.
The front part of the bus was badly damaged in the accident, police said.
Additional doctors and staff were deployed on the instructions of District Hospital Chief Medical Officer Dr Deepak Sharma following information that a large number of people were injured.

bus crash

Each transaction involved a substantial stamp duty of Rs 4.05 crore, highlighting the significant financial commitment made by the promoters.

Worli, Mumbai

Parmeshwar Metal IPO opened for public subscription today on January 2, 2025, and will close on Monday, January 6, 2025

ipo market listing share market

Regulator has barred the infamous stock operator for front-running trades pertaining to a US based FPI, directed disgorgement of illegal gains of Rs 66 crore

sebi

Once the pride of Indian Railways, the Rajdhani Express hasn't lived up to its speed promises decades later. The train seems to be stuck in a slow-motion time loop

Train, Indian Railway

ICICI Prudential Energy Opportunities and SBI Innovative Opportunities have also ridden the wave of investor enthusiasm.

Is the cash reserve ratio (CRR) a deadweight on banks? Of every Rs 100 raised by banks in deposits, Rs 4.50 is locked up and it earns nothing by way of interest. The CRR framework is in the spotlight because one, a good number of folks now opt to par

The AQI levels fell into the "severe" category in areas like RK Puram (401), Siri Fort (426), Patparganj (410), and Dwarka Sector-8 (405), among others

Delhi AQI, air pollution, smog

Chief Minister said that his government is taking up mega projects including the Musi Rejuvenation project, Metro rail expansion, Future City, AI City, Skills University, Sports University, and others

A Revanth Reddy

Adhikari accused Banerjee of indulging in 'low-level politics' by blaming the BSF for infiltration, stating that the security forces serve the nation, not the government

Suvendu Adhikari, Suvendu

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Indian CEO is highest paid person in the world, earns Rs 48 crore per day

Kirloskars challenge Sebi letter asking family settlement deed disclosure

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