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HC told to speed up bail plea in bank fraud case

The New Indian Express Madurai

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June 21, 2025

THE Supreme Court on Friday asked the Delhi High Court to decide within two weeks the bail plea of Dewan Housing Finance Ltd's former promoter Kapil Wadhawan in the multi-crore bank fraud case investigated by the CBI.

- Suchitra Kalyan Mohanty

A two-judge bench of Justice Ujjal Bhuyan and Justice Manmohan said Wadhawan was in custody since July 2022 and his bail plea was coming up for hearing on July 18 in the high court. The bench

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The New Indian Express Madurai

AT IIM AHMEDABAD, CURIOSITY HAS AN ADDRESS

India’s ‘unicorn factory’ didn’t happen by accident; it grew from classrooms where leadership is questioned, tested, and reinvented

time to read

2 mins

November 03, 2025

The New Indian Express Madurai

Cong war room in full throttle as campaign hits fever pitch

WITH just days to go before the first phase of the Bihar Assembly elections on November 6, the Congress war room is operating round the clock to finetune its campaign strategy amid alliance challenges and regional complexities.

time to read

1 mins

November 03, 2025

The New Indian Express Madurai

IIHL, Invesco Mutual Fund form JV

INDUSIND International Holdings Limited (IIHL), the promoter of IndusInd Bank, and Invesco Ltd. (Invesco) have completed formation of their asset management joint venture (JV) following ITHL’s acquisition of a60% ownership stake in Invesco Asset Management India (IAMD).

time to read

1 min

November 03, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Groww initial public offer: Founders, early investors to gain up to 5,100%

THE promoters and the early investors of Billionbrains Garage Ventures, the parent of the country’s largest brokerage Groww, are going to make a killing from the %6,632 crore IPO that’s opening on Monday because their acquisition value is only a fraction of the post-issue valuation of the company that’s at $61,735 crore at the upper end of price band. Some of them will be making a windfall gains of up to5,100%, while the lowest return is 1,700%.

time to read

1 min

November 03, 2025

The New Indian Express Madurai

The New Indian Express Madurai

HOW TO MAKE SENSE OF THE IPO BOOM

INDIAN financial markets are set for another blockbuster year of initial public offerings (IPOs).

time to read

2 mins

November 03, 2025

The New Indian Express Madurai

‘Our profitability is better than many bigger industry peers’

CANARA Bank reported a net profit of %4,774 crore in Q2 FY26, up 19% year-on-year, driven by improved asset quality and growth in advances. Yet the bank’s net interest income fell by 2% and net interest margin fell to 2.52%.

time to read

2 mins

November 03, 2025

The New Indian Express Madurai

TN'S POLL RACE FIRING ON ALL CYLINDERS, BUT WHERE IS IT HEADED?

State elections are usually a perfect mirror held up to the society in flux, yet in poll-weary Tamil Nadu, it conjures up an eerily blurred image.

time to read

2 mins

November 03, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Chennai emerging as key node in illegal Gibbon trade

AN analysis by the international wildlife trade monitoring body TRAFFIC has found that gibbon trafficking has hit a peak in 2025, with Chennai, Bengaluru, and Mumbai emerging as key nodes in the global illegal trade, fuelled by India's growing appetite for exotic pets.

time to read

1 mins

November 03, 2025

The New Indian Express Madurai

The New Indian Express Madurai

Fake news menace: Fact-checking chatbot to curb misinformation

THE Ministry of Information and Broadcasting (MI&B) is set to take a major technological leap in its fight against misinformation and fake news with the launch of a fact-checking chatbot.

time to read

1 mins

November 03, 2025

The New Indian Express Madurai

Ex-AIADMK mins slam Sengottaiyan for 'going against internal unity'

FORMER AIADMK ministers R B Udhayakumar and Sellur K Raju on Sunday slammed expelled party veteran K A Sengottaiyan for publicly criticising the party leadership, accusing him of letting personal ego override organisational unity.

time to read

1 min

November 03, 2025

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