ITV and Skys $2.1 billion agreement will change the TV landscape in Britain.
The British television industry is set for one of its biggest transformations in decades after Comcast-owned Sky agreed to acquire the media and entertainment division of ITV in a deal worth up to £1.6 billion ($2.1 billion). The agreement combines Britain's largest commercial free-to-air broadcaster with one of its biggest pay-TV operators, creating a media powerhouse designed to compete with global streaming giants such as Netflix, Disney+, Amazon Prime Video and YouTube.The acquisition includes ITV's broadcast television channels and its ITVX streaming platform, while ITV Studios, the company's successful production business behind hit programmes including Love Island and I'm a Celebrity...Get Me Out of Here!, will remain an independent listed company. ITV Studios will continue producing content not only for the new Sky-ITV business but also for international broadcasters and streaming services.Sky Chief Executive Dana Strong described the agreement as a "defining moment" for British broadcasting. The combined business is expected to reach more than 20 million UK households and has pledged to invest at least £2.1 billion in programming between 2028 and 2032. Both companies argue that greater scale is essential as traditional television continues to lose younger audiences to digital streaming platforms. However, the transaction is expected to face intense scrutiny from UK regulators. Analysts estimate the merged company would control more than 70% of the country's television advertising market, raising concerns about competition and media concentration. Regulators could require Sky to make concessions, including changes to some of its advertising agreements, before granting approval.Financially, ITV will receive £1.2 billion in cash, with the possibility of earning an additional £200 million depending on advertising performance in 2027. As part of the wider restructuring, ITV will also acquire Love Productions, the company behind The Great British Bake Off, strengthening ITV Studios' position as a standalone global content producer.Industry experts believe the deal reflects a broader trend of consolidation across the global media sector. As audiences increasingly shift toward streaming services and online video platforms, traditional broadcasters are seeking greater scale, stronger digital capabilities and larger content libraries to remain competitive. If regulators approve the acquisition, it could become one of the most significant milestones in the history of British television and reshape the country's media landscape for years to come.
Published 06 Jul 2026 05:03 PM
German tank supplier buys UK company that helped make Spitfires
German defence manufacturer Renk Group has announced the acquisition of David Brown Defence, a historic British engineering company best known for supplying gearbox systems for the legendary Spitfire fighter aircraft during the Second World War. The deal, valued at around $200 million, is one of the most symbolic mergers in Europe's defence industry, bringing together two companies whose products once served opposing sides during the war. David Brown Defence, headquartered in Huddersfield, West Yorkshire, has a long industrial legacy dating back to the 19th century. During World War II, it manufactured transmission systems for the iconic Spitfire aircraft, Churchill tanks, and bomber engines that played a significant role in Britain's war effort. Today, the company specializes in advanced transmission technologies for military vehicles and naval platforms. Renk, based in Augsburg, Germany, is a leading supplier of high-performance gearboxes for modern military equipment, including the Leopard 2 main battle tank. The company said the acquisition will strengthen its naval and land systems portfolio while giving it access to major long-term defence programmes in the UK, Canada, and Australia. The Huddersfield facility, which employs around 500 people, is expected to continue operating as part of Renk's global network. The acquisition reflects the rapid consolidation taking place across Europe's defence sector as governments significantly increase military spending amid heightened geopolitical tensions. Defence manufacturers are expanding through strategic acquisitions to boost production capacity, secure advanced technologies, and strengthen supply chains for future defence contracts.
Published 03 Jul 2026 05:39 PM
For ₹321 crore, Emami will purchase a 60% share in IncNut Digital, a player in personalized beauty.
For a cash consideration of ₹321 crore, FMCG giant Emami Ltd announced on Thursday that it has reached a final agreement to purchase a 60% share in IncNut Digital, which operates in the personalized beauty and personal care sector with flagship brands Vedix and SkinKraft.Emami stated in a stock exchange statement that it will buy the remaining shares in IncNut, a company based in Hyderabad, over the course of the next four and a half years in two tranches from the current closure at a price to be decided based on an agreed-upon matrix on future performances. "The execution of a share subscription and purchase agreement (SSPA) for acquiring a stake in IncNut Digital Private Limited was approved by the board of directors of Emami Limited at its meeting held today," the document stated. The company and its subsidiary IncNut Lifestyle Retail will become subsidiaries of Emami Limited as a result of the acquisition of the 60% stake in IncNut Digital on a fully diluted basis, subject to adjustment based on the second year of performance. IncNut is one of India's pioneers in the personalized beauty and personal care market, and both of its brands—Vedix and SkinKraft—have established robust direct-to-consumer platforms that deliver data-driven, customized haircare and skincare solutions that are tailored to the needs, profiles, and desired results. The company and its subsidiary IncNut Lifestyle Retail will become subsidiaries of Emami Limited as a result of the acquisition. One of the first companies in India to enter the customized beauty and personal care market is IncNut. Both of its brands, Vedix and SkinKraft, have developed robust direct-to-consumer platforms that offer data-driven, customized haircare and skincare solutions catered to specific customer needs, profiles, and desired outcomes. These platforms are built on a foundation of data-driven personalization and scientific formulation.
Published 13 May 2026 05:43 PM
Advertisement rates may see correction following Disney-Reliance merger
While the Disney-Reliance merger will rejig ad rates, experts are unsure if this is necessarily a bad thing. Advertisers are worried that the merged-co would rack up ad rates indiscriminately, especially as they wield a monopoly in live sports and linear programming. However, others argue that this is necessary course correction as far as pricing is concerned. Especially as the current ad rates are deemed too low to recover content costs for broadcasters and streaming firms. Right after the merger was announced, a report by UBS predicted that ad rates will rise by 20-25 per cent across the board. “Bargaining power of the broadcasters (now fewer and larger) would increase at the cost of the advertisers. There would also likely be some rationalization in content costs as well, leading to industry-level margin improvement,” analysts at UBS said in a note. Reacting to the merger, international advertising firm dentsu emphasised the need for 2-3 strong players in the media market to keep ad rates in check. “For the advertising and marketing sector, this presents a dual prospect of opportunities and challenges. On the positive side, it unlocks fresh possibilities for crafting and deploying innovative and compelling campaigns across an extensive and diverse portfolio of channels and platforms, providing us with extensive reach. However, it also heightens competition and enhances the negotiating power of the newly merged entity, enabling it to exert greater control over pricing and inventory. I hope that in the coming years, the merger achieves a balanced outcome. It’s crucial to maintain two or three major players in the market to foster a healthy and competitive environment, which ultimately should serve the end consumer,” Harsha Razdan, CEO, South Asia, dentsu, explained. On the streaming front, a Disney-Reliance merged co might not necessarily wield a definitive monopoly, as Netflix and Amazon Prime will be able to hold their own against the merged entity. But the same cannot be said about live sports and linear programming according to Santosh N, Managing Partner at D&P Advisory. “Ad rates will certainly go up for sports and linear TV, but that might not necessarily be a bad thing. Moreover, Disney-Reliance cannot increase the rates indiscriminately, especially because advertisers will simply opt out, given that they have many alternative mediums for advertising.” “The coming together of Reliance and Disney will create a very large and dominant player on the supply side. But we conveniently forget that the demand side has always had a very large and dominant Group M with a 50%+ market share. So a strong media entity will now balance the scales. Interesting times ahead!,” Sandeep Goyal, Chairman, Rediffusion, said.
Published 01 Mar 2024 09:31 PM
Axis Bank is Religares pick of the month for March, 10% upside seen at TP of ₹1,185; should you buy?
Domestic brokerage firm Religare Broking has picked Axis Bank as its stock pick of the month for March 2024 with a potential upside seen around 10 per cent. Shares of Axis Bank were on an uptrend and gained around three per cent today as Nifty 50 hit a fresh lifetime high of 22,353.30 on strong macroeconomic indicators.On Friday, March 1, shares of Axis Bank opened at ₹1,074.05 and gained 2.5 per cent to hit an intra day high of ₹1,101.60 against its 52-week high of ₹1,151.50 apiece on the BSE. Shares of Axis Bank settled 2.20 per cent higher at ₹1,099.35 apiece on the BSE. At a current market price (CMP) of ₹1,085, Religare sees a potential upside of 10 per cent on Axis Bank stock at a target price of ₹1,185 from an initiation range of ₹1,080-1,085 and a stop loss of ₹1,030. Religare Broking highlights that in its report that Axis Bank has remained one among the top performer among the private banking majors and we expect the outperformance to continue. ‘’The stock has been in a primary uptrend from last more than eight months, forming series of Higher Highs and lows with gradual rise in volumes. It has formed an elevated base around the 20 weekly EMA which also coincides with rising support trend line,'' said Religare Broking. Following the price action and uptick in volumes indicates the stock to resume its prevailing trend and inch higher to surpass its previous swing high, according to the brokerage. The stock gained marginally (around three per cent) in the previous series with reduction of eight per cent open interest (OI). 98 per cent of the open positions rolled which is same with respect to previously. ‘’OI of 82k contracts as against 89k previously. Decent cash based buying also seen in last three days of February series. With fresh cash accumulation and shorts being trapped, it may witness good short covering,'' said Religare Broking. The bank's net interest income (NII) in the third quarter at ₹12,532, crore, which rose by nine per cent - almost in line with the market estimate of ₹12,555 crore. NII is the difference between interest earned by a bank through loans and interest it pays to depositors. Meanwhile, the net interest margin (NIM) stood at 4.01 percent for the quarter ended on December 31, 2023. Net Interest Margin refers to the difference between the interest income earned and the interest disbursed by a bank in relation to its interest-generating assets such as cash.
Published 01 Mar 2024 09:35 PM
Potential for any re-rating delayed for Paytm, says UBS; still sees 25% upside in the stock – heres why
Shares of One 97 Communications (Paytm) have witnessed an almost 50 percent drop just in February as investor sentiment turned negative amid the RBI and Paytm Payments Bank Ltd (PPBL) saga.In a recent note, brokerage house UBS said it believes that any potential for a re-rating of Paytm based on profitability improvement has been delayed. It has retained a 'neutral' call on the stock and reduced its target price to ₹510 (from ₹650 earlier). The new target indicates an over 25 percent potential upside. "Paytm's share price has derated significantly post RBI regulatory action and the stock is trading at 1.5x EV to one-year forward consensus sales, nearly an 80 percent discount to its Indian internet peers. Our ₹510 price target implies a 2.4x EV to FY25E sales, which is still a 70 percent discount to Indian internet peers. We believe this is justified as Paytm's growth profile is now much weaker at an 8 percent expected revenue CAGR over FY24-26E, versus Indian peers at a much higher 27 percent. Additionally, Paytm's re-rating potential based on its profitability improvement is now also pushed out and the company's margin profile is much weaker than peers. Furthermore, the loss of investor confidence based on the regulatory action is unlikely to change in a hurry. We believe only sustained execution in the coming quarters can re-build investor confidence which would drive a re-rating," explained the brokerage. The RBI on January 31 directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags, and other instruments after February 29, citing large-scale non-compliance with regulations and supervisory concerns. In the latest update, the Reserve Bank of India clarified that non-Paytm Payments Bank Limited (PPBL) linked merchants (85 percent of the total) can continue to function as normal and gave a 15-day extension till 15th March for most PPBL-linked activities. RBI also informed that @paytm UPI handles can be migrated to banks after approval from NPCI. This implies key linkages between Paytm and PPBL will be transferred to other banks via Paytm and also clears the way for Paytm to function as third-party app provider (TPAP), similar to its competitors PhonePe and Google Pay, once NPCI provides approval for the same. Following RBI's latest update, the anticipated negative impacts on Paytm have been alleviated to a considerable extent. Paytm is poised to retain a significant portion of its customer and merchant base pending certain approvals from the National Payments Corporation of India (NPCI). However, UBS anticipates a churn of 15-20 percent in merchants, customers, and devices in Q4 compared to Q3 levels, accompanied by a steep decline of around 60 percent quarter-on-quarter in loan origination. Additionally, it foresees a challenging FY25 with a projected 2 percent revenue decline, attributed to the loss in the wallet business and gradual normalisation in payments and loan origination activities. To regain lost customers, Paytm is expected to escalate its marketing expenditure, leading to heightened EBITDA losses in FY25, consequently prompting adjustments in its EPS estimates.
Published 01 Mar 2024 09:35 PM
Stock market selloff: Nifty forms Bearish Engulfing; 21,850 next?
Nifty on Wednesday could not sustain early gains and saw heavy selling, as it closed below the psychological mark of 22,000 for the time since February 15. The index formed a Bearish Engulfing pattern on the daily chart, which has a negative connotation. The silver lining was the index somehow managed to settle above its 21-day EMA on a closing basis. If the index stays below 22,000 level, chances are it may revisit 19,850-800 level, analysts said.“The index dropped below the 22,000 mark, indicating a growing weakness. Nevertheless, it managed to close just above the 21EMA on the daily timeframe. Observing the daily chart, the index has been navigating within a rising channel. A decline below 21,950 could potentially trigger a correction towards 21,800 in the near term,” said Rupak De, Senior Technical Analyst at LKP Securities. For the day, the 50-pack index closed at 21,951.15, down 247.20 points or 1.11 per cent. A sustained Nifty trade above 21,950 might spur a recovery in the index towards 22,100, De added. With the Bearish Engulfing candle, Nifty has given up all the gains of the previous week, said Chandan Taparia of Motilal Oswal Securities. This analyst believes that were the index say below 22000, weakness could be seen towards 21,850, followed by 21,700 levels. Resistances are seen at 22,150 and 22,222 levels, he said.atin Gedia – Technical Research Analyst at Sharekhan said that the index has reached its 20-day moving average of 21,944. He said the broad range of 21,800-22,300 still has not been breached. "The daily as well as hourly momentum indicators have a negative crossover, which is a sell signal. But prices are still in a range and, hence, a decisive breach below 21,875 i.e. the previous swing low is required to validate the change of trend. The Index is around the crucial support zone 21,900, which is likely to act as a make-or-break level from short term perspective," Gedia said.
Published 01 Mar 2024 09:34 PM
IIT Kanpur’s 1974 batch pledges Rs 10.11 crore
"The Class of 1974 of the Indian Institute of Technology Kanpur (IIT Kanpur) has committed Rs 10.11 crore to fund a range of institute initiatives. The promise is made as part of the batch's Golden Jubilee Reunion, which will take place from February 23 to February 25, 2024, and will bring together over 80 graduates and their families. ""IIT Kanpur takes great pride in its alumni, and time and time again, our alumni have come together for supporting the growth of their alma mater through various means,"" stated Prof. S Ganesh, Director of IIT Kanpur, in response to the Class of 1974's kind pledge. The Class of 1974's commitment to support greatness at the institute by aiding in its development aligns with a shared goal He continued, ""The 'Batch Legacy Fund' will be used to enhance possibilities for both faculty and students. ""We, the proud alumni of the Class of 1974, are honored to unite and contribute to our cherished alma mater, IIT Kanpur,"" he stated, thanking his classmates for this endeavor and his alma mater, batch coordinator Yogesh Khosla. Our combined support is a testament to our great pride in the organization and our common goal of seeing it succeed moving forward. I would want to sincerely thank everyone of my classmates for their kind cooperation in this project. The Class of 1974's 50th reunion was a happy event full with memories, laughter, and introspection that will live on in the archives of IIT Kanpur, an institution thinkinh said. IIT Kanpur stated that the ""Class of 1974 Batch Legacy Fund"" will undoubtedly advance learning within its community and expressed its sincere gratitude to the Class of 1974 for their outstanding contribution and steadfast dedication. The researchers from the Indian Institute of Technology Madras (IIT Madras) will present their findings to the students during an open house. The purpose of the event is to give students a forum to interact with professionals and well-known businesspeople. March 2 and March 3 of 2024 will be dedicated to the open house. Shaastra will host IITM for Everyone. A statement on the social media account read, ""IIT Madras is open to all for the first time in 15 years."" "
Published 28 Feb 2024 05:34 PM
Ek bihari sab pe bhari Virat Kohli gives Vaibhav Sooryavanshi particular recognition
Virat Kohli's heartfelt praise for young Bihar cricketer Vaibhav Sooryavanshi has become one of the most talked-about moments after the IPL 2026 season. Following Royal Challengers Bengaluru's title-winning campaign, Kohli met the 15-year-old sensation and shared words of encouragement that quickly went viral on social media.In a video released by RCB, Kohli advised Vaibhav to stay focused on hard work and self-belief rather than outside opinions. He told the youngster that his success had come through dedication and confidence and urged him to keep aiming higher. The highlight of the conversation was Kohli's special line, "Ek Bihari, sab pe bhari", praising the Bihar-born batter for his remarkable performances throughout IPL 2026. .Vaibhav emerged as one of the biggest stars of the tournament, earning widespread admiration for his fearless batting and maturity at such a young age. His performances attracted praise from former cricketers and fans alike, with many viewing him as one of Indian cricket's brightest future prospects.The interaction between Kohli and Vaibhav was widely appreciated by cricket fans, who saw it as a passing-of-the-torch moment between one of India's greatest batters and a rising teenage talent. Kohli's message of humility, hard work, and self-belief has since been shared extensively across social media platforms.
Published 04 Jun 2026 05:53 PM
Virat Kohli changes once more incorporating elements of Abhishek and Sooryavanshi into his game
The cameras showed Kohli putting his arm over Sooryavanshi's shoulder and conversing with him for several minutes. Although the topic of the talk is unknown, rest assured that Sooryavanshi returned home much wealthier than he would have if he had only received a few honors. Less than a day has passed since Sooryavanshi was recommended for Test cricket by none other than the great Sachin Tendulkar. He had also complimented his batting style earlier.It is important to note that earlier in the 2026 IPL season, Kohli signed Sooryavanshi's cap and gave him an autograph after the left-handed hitter destroyed the RCB bowlers all over the field during the match at the Barsapara Stadium in Guwahati.Sooryavanshi won five awards when the IPL 2026 concluded. The 15-year-old was named Super Striker, Super Sixes of the Season, Orange Cap, Emerging Player of the Season, and Most Valuable Player. Sooryavanshi broke Chris Gayle's record for the most maximums in a single IPL season with 72 sixes during the 19th T20 competition. In the competition, he also became the fastest Indian to reach 1000 runs. In addition, he became the youngest player in the tournament to hit 1000 runs, surpassing Rishabh Pant.Sooryavanshi acknowledged that he would need to improve his fitness going forward if he wanted to have a lengthy career after receiving so many honors. "I need to improve my fitness if I want to avoid getting hurt. Everyone is really encouraging. In an interview with Ravi Shastri, Sooryavanshi stated, "Everyone supports me, including the senior players and support staff. It's a good atmosphere." Master Blaster Sachin Tendulkar has praised Sooryavanshi as well. According to the renowned Indian hitter, the young player possesses all the necessary skills to participate in the game's longest format.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.In relation to Sooryavanshi, the next tri-series in Sri Lanka will include him. The left-hander will play for India A against Afghanistan A and Sri Lanka A.
Published 02 Jun 2026 10:57 PM
For the first time in an IPL season Indian hitters outpace foreign batters
IPL 2026 had the highest batting strike rate of any season at 156.34. For the first time in an IPL season, Indian hitters (157.10) scored more runs than foreign batters (154.71). 237.30 strike rate, 776 runs, and 72 sixes In an IPL season, Vaibhav Sooryavanshi became just the second hitter to score the most runs, hit the most sixes, and have the greatest strike rate (minimum 50 balls faced). Like Sooryavanshi, Chris Gayle was named Most Valuable Player in 2011.In the previous nine seasons, none of the highest run-scorers were among the top 15 strike rates in that season. The difference between Sooryavanshi's IPL 2026 run total and the next highest total for a batsman with a strike rate of 235 or more in any IPL season (Romario Shepherd's 70 runs in 2025) is 706 runs. IPL 2026 saw 65 totals of 200 or more, the highest in a T20 competition and 13 more than the previous record of 52 in IPL 2025. Individual teams also set new records in IPL 2026: Sunrisers Hyderabad (SRH), Punjab Kings (PBKS), Royal Challengers Bengaluru (RCB), and Rajasthan Royals (RR) all scored nine runs of 200 or more, the most in a Twenty20 competition.In terms of bowling, PBKS and RR gave up 200-plus totals nine times, which is also the most in a Twenty20 competition. IPL 2026 saw the highest number of sixes struck in a season, 1426, up 10.2% from the previous record of 1294 sixes in 2025. Thanks to 72 sixes from Sooryavanshi, who established the individual record for most sixes in a T20 competition, RR struck 181 sixes, the most of any team in a T20 event.
Published 01 Jun 2026 09:34 PM
Ramakrishna Ghoshs injury has been replaced by Macneil Noronha.
Macneil Noronha, an all-rounder from Karnataka who recently won the MA Chidambaram Trophy at the Naman awards for being the highest run-getter in the 2024/25 Colonel CK Nayudu Trophy, will join Chennai Super Kings (CSK) for INR 30 lakh as a replacement for Ramakrishna Ghosh, who injured his right foot during their game against Mumbai Indians on May 3rd and is out for the season. He will not play this season.Macneil Noronha will take Ghosh's place at CSK for INR 30 lakh.Noronha, a Karnataka all-rounder, has won the MA Chidambaram Trophy at the Naman Awards for scoring the most runs in the Colonel CK Nayudu Trophy for 2024–2025. Noronha was called up by the Karnataka team for the Syed Mushtaq Ali Trophy after an outstanding season, and he played in three games for his state.For the remainder of the 2026 Indian Premier League season, the Chennai Super Kings have selected Karnataka all-rounder Macneil Noronha to replace injured uncapped player Ramakrishna Ghosh.He was called up to Karnataka's Syed Mushtaq Ali Trophy squad as a result of his domestic achievements, and he played in three games. Noronha made an impressive 34 off 21 deliveries in his most recent match against Tripura in December 2025. He also contributed a wicket. The move comes after Ghosh was sidelined for the rest of the season due to a right foot injury he sustained during Chennai's match against Mumbai Indians on May 3. Ghosh had just made his eagerly anticipated IPL debut in that match, contributing to Chennai's decisive eight-wicket victory. Introduced into the attack in a high-pressure match, the young player returned figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had looked dangerous after reaching 21 off just 12 balls. In that match, Ghosh made his eagerly anticipated IPL debut and contributed to Chennai's convincing eight-wicket victory. The youthful player, who was brought into the attack in a high-stress match, recorded figures of 1 for 24 from his three overs, taking the crucial wicket of Suryakumar Yadav, who had appeared dangerous after reaching 21 off only 12 balls.Chennai will be hoping that Noronha will offer valuable depth as they continue to strive for a play-off position in spite of the setback.
Published 13 May 2026 05:46 PM
There are five main reasons why Prashant Kishor will defeat the BJP in Bankipur.
Prashant Kishor, a former poll strategist who is now a politician, has an early advantage in the Bihar seat of Bankipur. Neeraj Kumar of the BJP is his nearest opponent. According to the most recent Election Commission figures, Kishor received 31,742 votes after Round 16 counting, while Kumar trailed him by more than 8,966 votes. Ghanshyam Singh of the Congress has more than 38,000 seats in Datia, Madhya Pradesh, while Ashutosh Tiwari of the BJP is behind by 6,500 votes. The final round of counting in Manjalpur, Gujarat, has given Satendrabhai Patel of the BJP a commanding lead of more than 29,000 votes.Since the widespread nationwide student protests over the paper leaks, these are the first elections. It is anticipated that the results would reflect the sentiment of the nation, particularly among young voters. No BJP candidate has ever lost from Bankipur, the party's stronghold. Nitin Nabin, the leader of the BJP, was the last person to occupy the position before he was elected to the Rajya Sabha. However, a hitch in the BJP camp and the long-awaited arrival of Prashant Kishor in the electoral arena will make this election noteworthy.BJP candidate Abhishek Kumar Sinha withdrew last month, citing "family reasons," just one day after submitting his nomination papers. Neeraj Kumar Sinha, a leader of the youth wing, was then selected as the BJP's candidate. In the opposition camp, it had caused a great deal of laughter. Its leaders mocked the BJP by claiming that the party was "jittery at the prospects of a defeat" in the seat that the party chairman had left empty.
Published 03 Aug 2026 04:45 PM
2 big reasons why Left thinks it lost Kerala Vijayan, soft Hindutva
L&T Realty has announced two important leadership appointments to strengthen its management team and support the company's future growth plans. The company has appointed Navneet Kaul as Executive Director and Chief Operating Officer (COO), while Rishi Kailash Bansal has been appointed as Executive Director and Head of Land and Logistics Development. Both appointments have taken effect immediately and are expected to play a key role in driving the company's expansion across residential, commercial, and logistics real estate projects. Navneet Kaul has been associated with L&T Realty for several years and has contributed to the successful execution of many major projects. As the new Chief Operating Officer, he will oversee the company's day-to-day operations, improve project delivery, and help maintain high standards of quality and customer satisfaction. His experience in managing large real estate developments is expected to support the company's long-term growth strategy. At the same time, Rishi Kailash Bansal will lead the land acquisition and logistics development business. His role will focus on identifying new development opportunities, strengthening the company's land portfolio, and expanding its presence in the rapidly growing logistics and industrial real estate sector. These appointments reflect L&T Realty's commitment to building a strong leadership team capable of meeting future business opportunities and delivering sustainable growth.
Published 28 Jul 2026 06:13 PM
Mahua Moitra, a TMC MP, asks the HC to safeguard her from being thrown eggs.
Trinamool Congress (TMC) Member of Parliament Mahua Moitra has approached the Calcutta High Court seeking protection after alleging that eggs are being hurled at her during public appearances in West Bengal. According to her petition, such incidents have repeatedly taken place wherever she travels in her constituency, causing humiliation and disrupting her ability to perform her duties as an elected Member of Parliament. Through her lawyer, Moitra requested the court to direct the police to provide adequate security and prevent further attacks. During the hearing on Thursday, the Calcutta High Court said it would take up the matter on July 29. Moitra's counsel argued that despite an earlier court direction to prevent such incidents, the police had failed to take effective action. While an FIR has reportedly been registered, the petition claims that the lack of adequate police protection has allowed repeated acts of intimidation to continue. The court heard submissions from the state authorities before adjourning the matter to the next hearing date. The plea comes after a series of political confrontations in Nadia district, where Moitra has alleged that BJP supporters targeted her with eggs and other objects during protests. BJP leaders have denied the allegations, and the matter has become part of the ongoing political tensions between the ruling TMC and the opposition in West Bengal. The High Court's upcoming hearing is expected to determine whether additional security measures or further directions to the police are required.
Published 23 Jul 2026 05:26 PM
On paper leak fast-track courts, the BJP supports PM Modi and challenges the opposition to discuss
The Bharatiya Janata Party (BJP) has strongly backed Prime Minister Narendra Modi's announcement to establish fast-track courts for examination paper leak cases, describing the move as a major step to protect the future of students and restore confidence in India's examination system. BJP leaders said that repeated paper leaks have harmed millions of aspirants and argued that swift trials and strict punishment are necessary to deter those involved in such crimes. The party maintained that the government's priority is to ensure justice for students and strengthen transparency in recruitment and competitive examinations. At the same time, BJP leaders challenged Opposition parties to hold a full debate in Parliament on the issue. They accused the Opposition of politicising student concerns instead of supporting legal reforms aimed at curbing paper leaks. According to the BJP, the government is willing to discuss examination reforms, accountability, and measures to prevent future leaks, while also highlighting the proposed fast-track courts as a concrete policy response rather than a political statement. The announcement comes amid ongoing protests and political criticism over recent examination paper leak incidents. Opposition leaders, including Rahul Gandhi, argued that fast-track courts alone are insufficient and demanded broader accountability, including action against those responsible for administrative failures. They have continued to press for wider reforms in the examination system and questioned the government's handling of the issue. Prime Minister Modi said that "nothing is more important than the future of the youth" and assured students that those responsible for paper leaks would face speedy trials and stringent punishment. The government believes that dedicated fast-track courts will help deliver quicker justice, discourage organised examination fraud, and reinforce public trust in the country's recruitment and education systems.
Published 23 Jul 2026 05:16 PM
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