Liberty Mutual hikes stake in Indian arm

AI representational image Boston headquartered Liberty Mutual Insurance has increased its stake in its Indian venture Liberty General Insurance to 74% as of May 18, after raising its shareholding from 49% to 55.4% in Sept 2025. The Indian insurance firm had started as a joint venture between Liberty and the Videocon Group.Videocon exited the joint…

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‘Bar on board meets applies only to SRTT’

‘Bar on board meets applies only to SRTT’ Reprieve For Tata Trusts: Maharashtra Charity Commissioner Clarifies Order Issued Last WeekThe Maharashtra charity commissioner on Monday clarified that its order freezing board meetings applies only to Sir Ratan Tata Trust and not to other Tata trusts, providing significant relief to the Noel Tata-headed philanthropic group.The clarification…

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Dhanush and Mamitha Baiju starrer adds Rs 8 lakh on Monday; records its lowest single-day collection

Tamil superstar Dhanush’s latest release ‘Kara’, starring alongside Mamitha Baiju and directed by Vignesh Raja, is experiencing a slowdown at the box office, as reports suggest that on Monday, the movie grossed only over Rs 8 lakh, a 16% decrease from its prior day.As per trade analyst Sacnilk, on its 19th day, the film collected…

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Piyush Goyal asks industry to identify import substitutes, pushes local manufacturing to cut dependence

Commerce and Industry Minister Piyush Goyal on Monday urged industry stakeholders to identify products that can be manufactured domestically to reduce India’s dependence on imports and strengthen local production capabilities, PTI reported.Addressing domestic traders, the minister also asked industry to focus on boosting exports and prioritising products made in India over imported goods.“You should keep…

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Lea Seydoux shares support for Denis Villeneuve; says ‘James Bond’ films ‘will be cinema’

Former Bond Girl, Lea Seydoux has shared her support for filmmaker Denis Villeneuve taking over the reins to direct the next ‘James Bond’ franchise.Seydoux, who played Madeleine Swann opposite Daniel Craig’s James Bond, reflected on her connection to the long-running spy franchise and her reaction to its acquisition under Amazon MGM. While admitting that she…

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