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MUMBAI: Construction and engineering giant Larsen & Toubro, which has been operating in West Asia (WA) for over three decades, said a small portion of its regional projects has been affected by the ongoing geopolitical crisis. Deputy managing director Subramanian Sarma said 5% of L&T’s West Asia projects, mainly those near sensitive areas such as…

Josh Hazelwood, Pat Cummins and Mitchell Starc (Agency Image) Sunil Gavaskar has strongly criticised several overseas players for opting out of the early phase of Indian Premier League 2026, accusing them of taking the league’s hospitality for granted and urging franchises to adopt a stricter stance.A number of high-profile absentees are set to miss the…

MUMBAI: The recent steep rise in the price of gold has catapulted the total estimated value of the yellow metal with Indian households to over $5 trillion, pegging it at about 125% of the country’s GDP. However, this massive gold purchase year after year “represents a conversion of financial savings (bank deposits) into physical assets….

Hardik Pandya with teammate Suryakumar Yadav (PTI Photo) Mumbai Indians will once again head into the Indian Premier League 2026 season as one of the strongest contenders on paper, boasting a star-studded lineup featuring Hardik Pandya, Rohit Sharma, Suryakumar Yadav, Jasprit Bumrah and Tilak Varma. Despite their formidable squad, the five-time champions have not lifted…

NEW DELHI: The proposed India-EU free trade agreement (FTA) is expected to improve access to technology and create new opportunities for localisation and exports, Skoda Auto Volkswagen India MD and CEO Piyush Arora told TOI. “The FTA strengthens our strategy of developing products in India for the Indian market, while also creating opportunities for exports……

India’s Abhishek Sharma (ANI Photo) Abhishek Sharma entered the ICC Men’s T20 World Cup as the No.1-ranked batter, expected to dominate with his aggressive strokeplay after a breakthrough 2025 season. However, the tournament turned into an early struggle for the 25-year-old, who began with three consecutive ducks and added a few more low scores, leading…

MUMBAI: HDFC Bank‘s interim chairman Keki Mistry said the bank’s management reviews every issue and takes corrective action. His comments come in the wake of the sudden resignation of former chairman Atanu Chakraborty three days ago, citing misalignment between certain practices and his values and ethics.Chakraborty’s exit has been marked by investor anxiety, sharp market…

MUMBAI: As the global markets enter the fourth week of the war in West Asia, in the domestic market oil & gas, banking and auto stocks are expected to be the main focus of Dalal Street investors in the new but truncated trading week. During the first three weeks, as crude oil prices jumped about…

MUMBAI: Kotak Mahindra Bank said on Saturday that its wholly-owned subsidiary Kotak Mahindra Capital Company (KMCC) will sell close to 31% stake in Infina Finance – a capital market lending arm – to a group of investors including the estate of Rakesh Jhunjhunwala through Aryaman, Aryavir, and Nishtha Jhunjhunwala Discretionary Trusts, Derive Trading and Resorts,…

HDFC Bank CEO and MD Sashidhar Jagdishan said in an interview with TOI that there were matters on which he and the former chairman agreed to disagree, and these were dealt with maturity on the board, and his resignation came as a surprise. However, Chinese whispers gave these a dramatic flavour outside.When did you come…