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Ravi will also be the managing trustee of SOT and others will be trustees. The SOT was formed in 2006 as a private discretionary trust. As per reports, SOT owns close to a 30 per cent stake in the groups holding company Shriram Capital. Representational image/By arrangement

Shriram Group puts succession plan in place

The board members have been appointed by Shriram Ownership Trust (SOT), which will function as the promoter group

1 Dec 2021 10:53 AM IST

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman addresses during the launch of National Monetisation Pipeline, in New Delhi, Monday, Aug. 23, 2021. (PTI/Manvender Vashist)

Crypto bill to be tabled after cabinet nod: FM

This is a risky area and not in a complete regulatory framework. No decision was taken on banning its advertisements

1 Dec 2021 10:49 AM IST

Anil Ambani , CEO , Reliance Communications. (PTI Photo)

RBI appoints advisory panel to assist R-Cap administrator

The members: Sanjeev Nautiyal, ex-deputy MD, SBI; Srinivasan Varadarajan, ex-deputy MD, Axis Bank, Praveen P. Kadle,...

1 Dec 2021 10:47 AM IST

ATF price hiked by 7.5 pc; petrol, diesel rates unchanged for 2nd straight day. (PTI Photo)

Centre collects Rs 3.72 L cr as excise on fuel in FY21

Of this, around Rs 20,000 crore has gone to the states

1 Dec 2021 10:40 AM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.

Core industries output rises 7.5% in October

The combined index of 8 core industries stood at 136.2 in October 2021, which increased by 7.5% (provisional) as...

1 Dec 2021 10:39 AM IST

After delaying the launch of its electric scooter for a year, Ather Energy is finally gearing up to launch the S340 in India with bookings scheduled to begin in June 2018.

Ather starts second factory

Ather is setting up a second plant near its existing facility at Hosur in Tamil Nadu to ramp up its capacity to 4,00,000...

1 Dec 2021 10:37 AM IST

The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a-litre mark. (PTI Photo)

Petrol in Delhi to get cheaper nearly by Rs 8 after Kejriwal govt...

The decision was taken during the cabinet meeting chaired by Delhi Chief Minister Arvind Kejriwal today

1 Dec 2021 10:12 AM IST

An elderly man, who earlier refused the vaccine, receives the vaccine for COVID-19 during a door to door vaccination drive in Sativeti village, on the outskirts of Gauhati. (Photo: AP)

India records 8,954 fresh Covid cases, 28 per cent higher than...

The death toll climbed to 4,69,247 with 267 fresh fatalities, while the active cases were recorded at less than a lakh...

1 Dec 2021 10:05 AM IST

A pedestrian walks past a wall mural depicting a health worker to spread awareness about the Covid-19 coronavirus in Mumbai. (Photo: AFP)

Six passengers returning from 'high-risk' countries test positive in...

The public health department of Maharashtra said that the passengers are either asymptomatic or mildly symptomatic

1 Dec 2021 9:49 AM IST

The drug, molnupiravir, could provide a much-needed weapon against the virus. (Photo: AP)

FDA panel backs first-of-a-kind COVID-19 pill from Merck

The group's recommendation came after hours of debate about the drug's modest benefits and potential safety issues

1 Dec 2021 9:15 AM IST

According to media reports, the Pakistani model, who was identified as Sauleha, had apologised on her Instagram account and deleted the pictures. (Photo: Twitter)

Pak model defiles Kartarpur Sahib

The Pakistani model said she did not intend to hurt anyone and the pictures were intended to be a memory of her trip to...

1 Dec 2021 8:51 AM IST

Opposition leaders protest near Mahatma Gandhis statue over suspension of 12 Rajya Sabha MPs, during the Winter Session of Parliament, in New Delhi, Tuesday, Nov. 30, 2021. (PTI Photo/Manvender Vashist)

Rajya Sabha logjam continues over MPs' suspension

BJP seeks apology to House; Opposition reluctant

1 Dec 2021 7:35 AM IST