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Nirmal Jain

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Last Updated: Just Now
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Automotive, EVs & Mobility 11 Nov 2026, 08:00 AM IST

Blackstone Set to Buy 15% of IIFL in Rs 5,000 Crore Deal

Blackstone is poised to invest about Rs 5,000 crore for a 15% stake in IIFL Finance, in a transaction that would mark one of the largest recent private capital infusions into an Indian financial services company. Promoters Nirmal Jain and R Venkataraman are expected to invest Rs 1,200 crore to maintain their combined holding at roughly 25%, while Rohit Kothari, through Anchorage Capital, will add about Rs 100 crore, taking the total capital raise beyond Rs 6,200 crore.

By RDU Global Wire5 min read
National Governance & Policy09 Oct 2026, 03:54 PM IST

Nirmala Sitharaman to Visit Singapore for High-Level Talks with Leaders and Business CEOs

Union Finance Minister Nirmala Sitharaman is set to travel to Singapore for a high-level engagement with the city-state’s political leadership and top corporate executives. The visit is expected to focus on deepening economic cooperation, expanding investment ties, and reinforcing India’s position as a preferred destination for global capital amid a shifting regional business landscape.

5 min readRead →
National Governance & PolicyJust now (10:26 PM IST)

Aadhav Arjuna, C.T.R. Nirmal Kumar Seek Dismissal of DMK Defamation Case in Madras High Court

Ministers Aadhav Arjuna and C.T.R. Nirmal Kumar have urged the Madras High Court to throw out a defamation case filed by the DMK, arguing that the party failed to serve the prior notice required under Section 80 of the Code of Criminal Procedure. The plea places procedural compliance at the centre of a politically sensitive dispute and could shape how the court assesses the maintainability of the complaint.

5 min readRead →
National Governance & PolicyJust now (06:58 PM IST)

Aadhav Arjuna, C.T.R. Nirmal Kumar Press Madras High Court to Reject DMK Defamation Suit

Ministers Aadhav Arjuna and C.T.R. Nirmal Kumar have urged the Madras High Court to dismiss a defamation case filed by the DMK, arguing that the party failed to serve prior notice as required under Section 80 of the Code of Criminal Procedure. The petition places procedural compliance at the centre of a politically sensitive dispute that could test how far defamation claims can proceed when statutory notice requirements are contested.

5 min readRead →
National Governance & Policy11 Nov 2026, 08:00 AM IST

Sitharaman Signals Openness to Investor Concerns on Tax Changes Ahead of Budget

Union Finance Minister Nirmala Sitharaman has acknowledged anxiety among foreign investors over possible tax changes, saying the government will consider the views of those seeking policy adjustments before the Budget. Her remarks come as markets watch for signals on taxation, capital expenditure and fiscal discipline. She also stressed that India’s macroeconomic indicators remain strong and that welfare gains have helped reduce poverty.

5 min readRead →
Startups & Venture Capital20 Oct 2026, 08:00 AM IST

CleverTap’s Anand Jain Says Marketing AI Must Prove Profit, Not Just Productivity

At TechSparks 2026, CleverTap co-founder Anand Jain argued that marketing teams are moving past basic generative AI tools and toward autonomous systems that make real-time decisions with measurable business impact. His remarks reflect a broader shift in startup and enterprise software: from AI that drafts content to AI that can optimize outcomes, revenue, and retention at scale.

5 min readRead →
Startups & Venture Capital19 Oct 2026, 08:00 PM IST

CleverTap’s Anand Jain Says Marketing AI Must Prove Profit, Not Just Productivity

At TechSparks 2026, CleverTap co-founder Anand Jain argued that marketing teams are entering a new phase of AI adoption, one that must be judged by business outcomes rather than content output alone. He said the real advantage will come from autonomous, real-time decisioning systems that can act on customer signals and improve profit, not merely accelerate routine work.

5 min readRead →
Startups & Venture Capital19 Oct 2026, 05:00 PM IST

CleverTap Co-Founder Anand Jain Says Marketing AI Must Prove Profit, Not Just Productivity

At TechSparks 2026, CleverTap co-founder Anand Jain argued that marketing teams are entering a new phase of AI adoption, one in which speed and content generation are no longer enough. He said the real test for marketing technology is whether it can make autonomous, real-time decisions that improve revenue, retention and customer lifetime value.

5 min readRead →
Startups & Venture Capital18 Oct 2026, 05:00 PM IST

Magicbricks appoints Mayank Jain as CEO to drive transformation and growth

Magicbricks has appointed Mayank Jain as its chief executive officer, placing him at the helm of one of India’s most prominent digital real estate platforms. His mandate is expected to focus on business transformation, stronger operational and financial performance, and reinforcing the company’s position in a rapidly evolving housing market.

5 min readRead →
Startups & Venture Capital17 Oct 2026, 05:00 PM IST

Magicbricks Appoints Mayank Jain as CEO to Drive Transformation and Growth

Magicbricks has appointed Mayank Jain as its chief executive officer, placing him in charge of steering the property platform through its next phase of business transformation. His mandate includes improving operational and financial performance while strengthening the company’s position in India’s fast-evolving real estate ecosystem.

5 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 03:40 AM IST

HSBC Hires Cantor’s Paras Jain to Lead Global TMT Banking, Sources Say

HSBC has appointed Paras Jain as global head of technology, media and telecom investment banking, with the veteran banker expected to join in November, according to people familiar with the matter. The move underscores HSBC’s push to deepen its presence in sectors where it believes it can compete more effectively, particularly across Asia and the Middle East.

5 min readRead →

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