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Bank of Baroda enters 5.7k crore settlement with creditors of NMC Health

Bank of Baroda has settled a major legal dispute, agreeing to pay $600 million to administrators of the collapsed NMC Health group. This out-of-court agreement concludes years of litigation concerning cross-border insolvency and alleged fraud following NMC's 2020 downfall. The payment will be distributed to creditors, with the bank's shares seeing a reaction to the news.
Captured at: 2026-07-02 14:00:08

The Times of IndiaMost Recent Stories
Recruiters deploy AI to catch ghost coders

Campus hiring faces a new wave of sophisticated cheating, fueled by GenAI. Recruiters are battling hidden devices, AI tools, proxy candidates, and ghost coders. To counter this, companies are increasingly deploying AI-powered proctoring and shifting away from browser-based tests. Experts highlight that live follow-up interviews are proving effective in exposing candidates who relied on AI assistance.
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The Times of IndiaMost Recent Stories
Ilia Topuria gets unexpected support from Justin Gaethje after UFC Freedom 250 defeat

Justin Gaethje has shown support for Ilia Topuria despite taking his UFC lightweight title at UFC Freedom 250. Speaking on the What Hones You Show podcast, Gaethje said Topuria still has the skills to beat anyone in the division. Coach Trevor Wittman agreed about Topuria’s talent but believes the former champion should earn another title shot through victories rather than receive an immediate rematch.
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The Times of IndiaMost Recent Stories
'Minor' drop in mileage of vehicles due to E20, says Hardeep Singh Puri

Petroleum Minister Hardeep Singh Puri addressed public concerns regarding ethanol-blended fuel, dismissing social media narratives as "make-believe." He clarified that any mileage reduction in E20-fuelled vehicles is minor, with potential benefits like improved acceleration. The ministry has released a detailed note to counter misinformation and reassure vehicle owners about the safety and established practice of ethanol blending, citing historical support from figures like Henry Ford.
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The Times of IndiaMost Recent Stories
Seven workers dead, 5 injured in K’taka quarry boulder crash

Seven workers dead, 5 injured in K’taka quarry boulder crash
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The Times of IndiaMost Recent Stories
Pharma pricing norms for new drugs eased

The government has significantly reformed the Drugs (Prices Control) Order, 2013, easing compliance for drugmakers. Overcharging liability is now narrowed, focusing only on stock sold above ceiling prices by retailers or distributors, not entire batches. New drug launches will also see simplified pricing approvals, reducing procedural delays and streamlining market entry for similar products.
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The Times of IndiaMost Recent Stories
NFL Trade Rumor: New England Patriots and San Francisco 49ers emerge as top landing spots for $106.5M Las Vegas Raiders' star

The Las Vegas Raiders’ star player Maxx Crosby has been a regular name concerning trade rumors ever since his trade to the Baltimore Ravens failed reportedly because of a physical test back in March 2026. Amid all the mess, it seems the New England Patriots and the San Francisco 49ers have emerged as potential landing spots for Maxx Crosby, ahead of the new season.
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The Times of IndiaMost Recent Stories
Haryana teacher transfer policy challenged over experience marks rule

Haryana teacher transfer policy challenged over experience marks rule
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The Times of IndiaMost Recent Stories
City’s shifting black spots: Tatibandh emerges as deadliest, notoriously fatal stretch shows improvement

City’s shifting black spots: Tatibandh emerges as deadliest, notoriously fatal stretch shows improvement
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The Times of IndiaMost Recent Stories
Only 1.28L, not 3.12 crore, land survey cases pending in state, says Bawankule

Only 1.28L, not 3.12 crore, land survey cases pending in state, says Bawankule
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The Times of IndiaMost Recent Stories
SC nixes rulings by NCLT, NCLAT based on fake AI citations

The Supreme Court has nullified orders from NCLT and NCLAT due to their reliance on fabricated AI-generated case laws. Justices cautioned against unchecked AI use, emphasizing human control in justice delivery. The court stressed a zero-tolerance approach for unverified AI precedents, declaring any decision based on such material invalid. A committee will now explore this issue, highlighting the risks of delegating critical thinking to AI.
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The Times of IndiaIndia
PM Modi, Japan PM Sanae Takaichi push for early Quad meet

Prime Minister Modi and his Japanese counterpart reaffirmed commitment to an early Quad summit, stressing freedom of navigation in the Strait of Hormuz and opposing restrictive measures. The joint statement unequivocally condemned cross-border terrorism from Pakistan, specifically mentioning groups like Jaish and Lashkar, and supported India's IEA membership. Both nations also voiced opposition to unilateral actions in the East and South China Seas.
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The Times of IndiaIndia
To avoid legal battles, ED settles 150 Fema cases with RBI nod

The Enforcement Directorate is opting for large-scale compounding of Foreign Exchange Management Act (Fema) cases, with the Reserve Bank of India's approval, to expedite resolutions and avoid lengthy legal battles. Over 150 Fema cases have been terminated in the past 15 months following "no-objection certificates" from the ED. This approach, involving penalty payments, aims to foster a more facilitative business environment in India.
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The Times of IndiaIndia
Religious proverb of the day from Thailand: "Paste gold leaf onto the back of a Buddha statue" inspires us to do good when no one is watching


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The Times of IndiaWorld
Spain vs Austria Live Streaming: Starting XI, Team News; How To Watch World Cup Match On TV, Online?

The Spain national football team vs Austria national football team Round of 32 knockout match will get underway at 12:30 a.m. IST on Friday and can be watched on the Unite8 Sports television channels, and ZEE5 app and website.
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NDTVBusiness

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