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HC forms SIT, denies bail to TVK leaders

Financial Express Mumbai

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October 04, 2025

THE MADRAS HIGH Court on Friday formed a Special Investigation Team (SIT) to probe the September 27 stampede at the political rally of actor and TVK founder Vijay, on a day when two senior party leaders' anticipatory bail petitions were rejected by the high court which also found fault with the party and the police over the incident that killed 41 persons and injured over 60.

- PRESS TRUST OF INDIA

The principal bench of the high court here also dismissed a BJP leader's plea seeking a CBI probe into the incident, and directed her to approach the Madurai bench.

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Retail leasing up 45% in Q3 on strong demand

FASHION, FOOD AND entertainment retailers led demand for retail space in the July-September quarter in the top eight cities, a new report by Cushman & Wakefield released on Wednesday said, as demand remained strong owing to the festive season.

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Outbound FDI moderates to $4.41 billion in September

INDIA'S OUTWARD FOREIGN direct investment eased slightly to $4.41 billion in September, down from § 4.81 billion in the same month last year, according to Reserve Bank of India data.

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PFRDA to launch schemes for gig workers, MSMEs

THE PENSION FUND Regulatoryand Development Authority(PFRDA)is looking to launch more schemes targeting four verticals including gig workers, micro, small, medium enterprises (MSMEs), Farmer Producer Organisations (FPO) and self help groups (SHGs), said PFRDA Chairman S Ramannat Global Fintech Fest 2025 on Wednesday.

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LG IPO subscribed 3.32x on Day 2

THE INITIAL PUBLIC offering (IPO) of LG Electronics India received 3.32 times subscription on the second day of bidding on Wednesday.

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Bollywood is back in Britain: Starmer

MAKING A VISIT to Yash Raj Films (YRF) in Mumbai, British Prime Minister Keir Starmer Wednesday announced that the leading Indian film production and distribution company will bring three of its major productions to locations across the United Kingdom from early 2026, creating over 3,000 jobs and boosting the economy by millions of pounds.

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Navi Mumbai realty prices soar

PLOT RATES IN Panvel on an average touched %80,000-85,000 per square yard, reflecting a steep 93% increase, compared with 58% growth in other parts of Navi Mumbai, where the prices are higher at 1,10,000-1,30,000.

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India’s solar capacity hits 125 GW, 3rd largest globally: Joshi

INDIA'S SOLAR POWER generation capacity has reached 125 gigawatts (GW), making it the world’s third-largest solar energy producer, Union minister for new and renewable energy Pralhad Joshi said on Wednesday.

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Technology and reforms transforming mkts: Sebi

GLOBALFINTECH FEST 2025 (GFF) is a valuable platform to innovators, policy makers and industry leaders to exchange ideas, said Securities and Exchange Board of India (Sebi) chief Tuhin Kanta Pandey, emphasising on the quantum readiness of its regulated ecosystem.

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UK's Revolut makes India debut with a slew of prepaid products

FOUR YEARS AFTER setting up shop in India, UK-based fintech giant Revolut is finally making its domestic debut with a lineup of prepaid products that mark its entry into a key financial service market globally —one that it hopes would bring in another 20 million users.

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Stock lending & borrowing mechanism under review

THE SECURITIES & Exchange Board of India (Sebi) is looking toreform the structure of stock lending and borrowing mechanism (SLBM) in India as the segment has not been able to attract participants.

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October 09, 2025

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