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

Prime Minister Narendra Modi will inaugurate a slew of development measures, including 1,675 flats for the residents of JJ clusters and two urban redevelopment projects in the city on Friday.
The Prime Minister's Office (PMO) in a statement said that Modi will visit the newly-constructed flats for the dwellers of Jhuggi Jhopri (JJ) clusters as part of slum rehabilitation project at Swabhiman Apartments in  Delhi's Ashok Vihar and hand over keys to the eligible beneficiaries.
He will inaugurate 1,675 newly constructed flats, the PMO said, adding the development is in line with the prime minister's "housing for all" initiative.
The objective of the project is to provide the residents of JJ clusters in Delhi with a better and healthier living environment equipped with proper amenities and facilities.
For every Rs 25 lakh spent on construction of a flat by the Central government, the eligible beneficiaries pay less than seven per cent of the total amount, comprising Rs 1.42 lakh as a .

Modi, Narendra Modi

Urban Infrastructure Holdings, a company in which Jai Corp holds 32 per cent, is convening an extraordinary general meeting to approve a capital reduction proposed by the company

Navi Mumbai airport test landing

In the month of December, Maruti Suzuki's total sales grew 29.5 per cent year-on-year (Y-o-Y) to 178,248 units as compared to 137,551 units a year ago

Maruti Suzuki India MD & CEO Hisashi Takeuchi (right) and Senior Executive Officer, Marketing and Sales, Partho Banerjee at the launch of the new Dzire on Monday

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

No unusual rise in flu-like cases in India, says govt amid China HMPV surge

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