Author: TI Editor

A civil court in Pune has issued a notice to Babasaheb Kalyani, the billionaire promoter of the Kalyani Group, and his brother Gaurishankar Kalyani, in connection with a partition suit filed by their sister, Sugandha Hiremath. The suit seeks a third of the Kalyani family’s assets, including shares in listed companies such as Bharat Forge and Kalyani Steels, as well as private assets such as land, real estate and jewellery.On Wednesday, Hiremath petitioned for the appointment of a court receiver to manage all promoter shares of Kalyani Group companies until the suit is resolved.Also Read | Bharat Forge’s Baba Kalyani agrees…

New York-headquartered Brookfield Asset Management Ltd announced on Wednesday the sale of a 1.6GW portfolio of solar and wind assets in India to Gentari Renewables India.The sale has been structured in two phases. A statement from Brookfield said that the first phase, comprising the sale of 1GW of operating assets, is complete, marking Brookfield’s first full cycle portfolio monetization in India for its renewable power & transition business.Nawal Saini, managing director, head of Renewable Power & Transition, South Asia and the Middle East, Brookfield, said, “Our focus is on delivering value to our stakeholders while advancing the country’s energy transition.…

Air India has expressed concern that Delhi International Airport Ltd’s (DIAL) proposal to significantly increase user development fees (UDF) and other aeronautical charges will hinder efforts to establish the airport as an aviation hub.In a written response to the Airports Economic Regulatory Authority of India (AERA), the airline recommended reducing charges for wide-bodied aircraft to encourage the use of larger planes on domestic routes. DIAL has proposed raising landing charges for domestic wide-bodied aircraft from ₹188 per metric tonnes (MT) to ₹325 per MT, and for international wide-bodied aircraft from ₹250 per MT to ₹430 per MT. MT refers to the…

Apple has officially refreshed its entry-level MacBook Air, introducing the latest 2025 model powered by the company’s advanced M4 chip. The newest iteration of Apple’s popular laptop arrives in both 13-inch and 15-inch variants, offering support for Apple Intelligence and the latest macOS Sequoia.Pricing and Availability in IndiaThe MacBook Air (2025) is set to hit Indian markets with a starting price of Rs. 99,900 for the base model, which includes 16GB of RAM and 256GB of SSD storage. The larger 15-inch variant is priced at Rs. 1,24,900 for the same configuration.Pre-orders for the latest MacBook Air are already underway, with…

New Delhi: As many as 15 health tech companies have integrated with the government’s digital health mission, with their apps helping patients access health records and other digital healthcare services to cut down long queues at clinics and hospitals.Companies partnering the Ayushman Bharat Digital Mission (ABDM) include Driefcase, Aarogya One, Bajaj Health, Practo, and Ambula Technologies.As one of the key services of ABDM is the faster OPD registration service for the patients via ABHA’s QR code share based ‘scan and share’, patients can now use any of these ABDM enabled apps application to share their profile with the hospital and…

New Delhi: Indian Railway Finance Corporation, a financial institution under the ministry of railways, is looking to fund public and private infrastructure projects to expand its business that has been focused on mobilizing and funding projects of the Indian Railways.The state-owned non-bank financial institution (NBFC), which has now been awarded the Navratna status, is looking at expanding into sectors with strong forward and backward linkages to railways, such as power generation and transmission, mining, fuel, coal, warehousing, telecom, and hospitality, Manoj Kumar Dubey, chief executive and CMD of IRFC said.IRFC is also exploring opportunities to fund rolling stock requirements for…

Apple has officially launched the new iPad Air M3 in India, prompting a price reduction for the previous-generation iPad Air M2. The M2 model is now available for ₹56,900 at Vijay Sales, down from its original price of ₹59,900. Additionally, customers using SBI or ICICI bank cards can avail of an extra ₹4,000 discount, bringing the effective price down to ₹52,900.Should you opt for the iPad Air M2 or the new M3?For users contemplating an upgrade, the iPad Air M2 remains a viable choice, particularly for those transitioning from older models such as the iPad 9 or iPad 10. It…

Darwinbox has raised $140 million in a funding round co-led by global investment firms Partners Group and KKR, as it seeks to bolster its technology development and accelerate international expansion, the human resource technology company said on Wednesday.Mint first reported on the development last week and said that KKR and Partners Group were nearing a deal to lead a $120-150 million funding round in Darwinbox.“This investment is a testament to Darwinbox’s strong fundamentals and the trust we have earned from our over 1,000 global customer base,” Jayant Paleti, co-founder of Darwinbox, said in a statement. “By placing the employee experience…

The Reserve Bank of India (RBI) announced on Wednesday, March 5, that it will conduct open market purchases of government securities and undertake USD/INR swaps totalling about ₹1.9 lakh crore during the month. On February 28, the central bank conducted a US dollar-rupee swap worth $10 billion to inject long-term liquidity into the country’s banking system.Following a review of current and evolving liquidity conditions, the RBI said it will conduct OMO (open market operation) purchase auctions of Government of India securities for an aggregate amount of ₹1,00,000 crore in two tranches of ₹50,000 crore each to be held on March…

Google has disclosed that it received more than 250 complaints worldwide over a period of nearly a year regarding its artificial intelligence software being misused to generate deepfake terrorism material, according to the Australian eSafety Commission.The technology giant, owned by Alphabet, also reported receiving dozens of user submissions alleging that its AI model, Gemini, had been exploited to create child abuse content. This revelation emerged as part of Google’s mandatory compliance with Australian law, which requires technology firms to periodically submit reports detailing their harm prevention measures, or risk financial penalties. The reporting period in question spanned from April 2023…