Set aside funds for likely defaults, RBI tells banks

Mumbai: A man walks past the RBI logo at RBI headquarters in Mumbai. (PTI Photo/Shashank Parade) Mumbai: Banks will have to start setting aside money for possible loan defaults in advance from April 2027, using mathematical models to predict losses instead of waiting for borrowers to actually miss payments, under RBI’s final rules issued on…

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Sun Pharma buys US-based Organon in $12bn all-cash deal

Mumbai, Apr 27 (ANI): Chairman of Sun Pharma Management Dilip Shanghvi speaks during a press conference at Worli, in Mumbai on Monday. (ANI Photo) New Delhi: In its boldest move yet, Sun Pharma, India’s largest pharma company, has struck the biggest-ever overseas pharma deal, acquiring US-listed Organon & Co for $11.8 billion (Rs 98,000 crore)…

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‘House of the Dragon’ Season 3: New trailer teases blood, war, dragons and major character deaths; series set for June 21 premiere |

‘House of the Dragon’ is making a roaring return to our screens with the promise of more “fire and blood”!HBO on Monday, dropped the official premiere date for Season 3, along with a new trailer teasing all the action set to unfold on screens as the Targaryen dynasty faces its biggest and bloodiest civil war.‘House…

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