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      <title>Moneycontrol</title>
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    <item>
      <guid>https://www.moneycontrol.com/news/india/maharashtra-minister-alleges-washrooms-in-mnc-being-used-for-religious-rituals-access-of-other-employees-restricted-13895431.html</guid>
      <title>Maharashtra minister alleges washrooms in MNC being used for religious rituals: 'Access of other employees restricted'</title>
      <link>https://www.moneycontrol.com/news/india/maharashtra-minister-alleges-washrooms-in-mnc-being-used-for-religious-rituals-access-of-other-employees-restricted-13895431.html</link>
      <description><![CDATA[The minister further said that while the claims are yet to be officially confirmed, the issue warrants immediate scrutiny given its potential implications on workplace norms.]]></description>
      <long-description><![CDATA[A controversy has erupted in Pune&#8217;s Hinjewadi IT hub after Maharashtra minister Madhuri Misal raised concerns over the alleged misuse of workplace facilities inside a multinational company and sought a police probe into the matter at the earliest.

In a letter addressed to the Commissioner of Police, Pune, Misal flagged complaints suggesting that restrooms within the office premises were being used for activities beyond their intended purpose.

&#8220;According to information received by me through various sources, certain complaints have been received regarding the usage of male resting rooms at the office of a renowned multinational company. It is alleged that a specific group regularly utilises these rooms for religious rituals, and it has also come to light that access for other employees is restricted during such times," she wrote.

The minister further said that while the claims are yet to be officially confirmed, the issue warrants immediate scrutiny given its potential implications on workplace norms.

&#8220;It appears that this situation is adversely impacting the equitable utilisation of workplace facilities, employees&#8217; rights, and organisational discipline. While the aforementioned information has not yet been officially verified, it is imperative to ascertain its veracity," her letter wrote.

Calling for a sensitive approach, Misal also urged authorities to ensure that employees, particularly women, are not facing any form of discomfort or coercion.

&#8220;Specifically, it is essential to engage in voluntary and confidential counselling/dialogue with female employees to verify whether they are experiencing any form of pressure, harassment, or inconvenience. As this matter is sensitive in nature, you are requested to take serious cognisance of this issue and initiate the necessary action immediately," she wrote in the letter, demanding an inquiry into the matter.

&nbsp;

&nbsp;]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
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      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  07:08 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260421133818_pune-maha-minister.jpg</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260421133818_pune-maha-minister.jpg" expression="full" type="image/jpeg">
        <media:description type="plain">Maharashtra minister alleges washrooms in MNC being used for religious rituals: 'Access of other employees restricted'</media:description>
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    <item>
      <guid>https://www.moneycontrol.com/entertainment/kyunki-saas-bhi-kabhi-bahu-thi-2-promo-teases-major-twist-hints-at-akashdeep-saigal-aka-ansh-gujral-s-son-entry-article-13895434.html</guid>
      <title>Kyunki Saas Bhi Kabhi Bahu Thi 2 promo teases &#8203;major twist, hints at Akashdeep Saigal aka Ansh Gujral&#8217;s son entry</title>
      <link>https://www.moneycontrol.com/entertainment/kyunki-saas-bhi-kabhi-bahu-thi-2-promo-teases-major-twist-hints-at-akashdeep-saigal-aka-ansh-gujral-s-son-entry-article-13895434.html</link>
      <description><![CDATA[Kyunki Saas Bhi Kabhi Bahu Thi Season 2&#8217;s latest promo sees Tulsi Virani reliving the moment she killed Ansh Gujral, before a mysterious visitor arrives. The twist has sparked speculation about Ansh&#8217;s son entering the story and bringing a new generation of drama.]]></description>
      <long-description><![CDATA[Smriti Irani&#8217;s Kyunki Saas Bhi Kabhi Bahu Thi Season 2 upcoming episode is set to bring an exciting update. The makers have released a new promo, creating a buzz among the fans.

The most recent promo suggests a big twist that could change the story in a big way, bringing back memories from one of the show's most dramatic arcs.

In the promo, Tulsi recalls a terrible moment when she killed her son, Ansh Gujral. The emotional memory sets a tense mood, reminding viewers of the fierce fights that used to define the Virani family. As she recalls the hard time, the scene takes a strange turn as someone knocks on her door without warning, leaving her shocked.
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The promo doesn't reveal the identity of the mystery visitor, with the viewers guessing about the person. Several fans suggest that the next track will introduce Ansh Gujral's son, which will bring the next generation into the story. This theory gained a lot of support after actor Akashdeep Saigal, who played Ansh at first, said he would not be coming back to the show.

The mystery about the new character has only made people more curious. There are rumours that a well-known TV actor could play Ansh's son, but there has been no official word on this yet.

Also Read: <a href="https://www.moneycontrol.com/entertainment/krushna-abhishek-falls-at-sunita-ahuja-s-feet-in-laughter-chefs-promo-after-emotional-family-reunion-amid-rift-watch-article-13895377.html">Krushna Abhishek falls at Sunita Ahuja&#8217;s feet in Laughter Chefs promo after emotional family reunion amid rift - Watch</a>

Fans have been speculating that the arrival of Ansh's son will bring new drama and conflict, possibly reopening old wounds and causing new tensions in the family. Meanwhile, some of the fans are especially interested in whether Ansh's son will follow in his father's footsteps or change the story in some way, since Ansh has a complicated past and some bad traits.

The new promo has successfully brought back interest in the show by mixing nostalgia and suspense. The next episodes will be full of high-voltage drama and surprises that could change the story again.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  07:08 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260421133744_New-drama-to-stir-up-in-Kyunki-Saas-Bhi-Kabhi-Bahu-Thi-Season.png</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260421133744_New-drama-to-stir-up-in-Kyunki-Saas-Bhi-Kabhi-Bahu-Thi-Season.png" expression="full" type="image/jpeg">
        <media:description type="plain">Kyunki Saas Bhi Kabhi Bahu Thi 2 promo teases &#8203;major twist, hints at Akashdeep Saigal aka Ansh Gujral&#8217;s son entry</media:description>
      </media:content>
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    <item>
      <guid>https://www.moneycontrol.com/news/business/oil-ministry-team-probes-pachpadra-refinery-fire-in-rajasthan-hpcl-sees-no-material-impact-13895401.html</guid>
      <title>Oil Ministry team probes Pachpadra refinery fire in Rajasthan; HPCL sees no material impact</title>
      <link>https://www.moneycontrol.com/news/business/oil-ministry-team-probes-pachpadra-refinery-fire-in-rajasthan-hpcl-sees-no-material-impact-13895401.html</link>
      <description><![CDATA[There is no loss of life or injury to any personnel, it said, adding the fire was localised in the heat exchangers stack.]]></description>
      <long-description><![CDATA[A four-member team constituted by India's oil ministry is in Rajasthan to investigate a fire at a refinery, even as HPCL said the incident is not expected to have a material financial or operational impact, and that all units are structurally safe with no effect on other sections.

The fire broke out on April 20 at the refinery of HPCL Rajasthan Refinery Limited, a day before it was to be inaugurated by Prime Minister Narendra Modi. The fire in the crude distillation unit - the main unit of a refinery - was likely caused by a hydrocarbon leak from a valve or flange in a heat exchanger circuit, Hindustan Petroleum Corporation Ltd (HPCL) said.

The blaze was confined to the heat exchanger stack and was quickly brought under control by the site's emergency response team. There were no casualties or injuries.

The crude distillation unit, vacuum distillation unit and associated sections were isolated as a precaution.

The scheduled April 21 dedication of the refinery has been postponed, with a revised date to be announced.

Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said the team led by former MRPL managing director M Venkatesh has been tasked to investigate the cause of the incident.

"The team has reached Barmer," she told reporters, adding that the delays, if any, in the commissioning timelines will be known once the investigating team completes its probe.

"An unfortunate accident occurred (on Monday) at around 1.55 pm at HPCL Rajasthan Refinery Ltd (HRRL) at Pachpadra, Balotra. There was a fire in the Crude Distillation Unit (CDU) section of the refinery complex. Prima facie, it appears that leakage of hydrocarbons through one of the valves/flanges in the heat exchanger circuit caused the fire," HPCL said.

The fire was promptly brought under control by the emergency response team of HRRL with support from the local administration.

There is no loss of life or injury to any personnel, it said, adding the fire was localised in the heat exchangers stack.

Crude Distillation Unit (CDU), Vacuum Distillation Unit (VDU), and all other units of the CDU section were quickly isolated. All are structurally safe and unaffected. "No other section of the refinery has suffered any impact." The cause of this fire and its impact on the Unit are being assessed and investigated by a team of internal and external experts, it said.

"An investigation has been initiated to ascertain the cause of the incident and to undertake necessary remedial measures," HPCL said. "The financial and operational impact, if any, is being assessed and prima facie is not expected to be material." All are structurally safe and unaffected, it said. "No other section of the refinery has suffered any impact." A major fire broke out near the main unit of the newly built Rs 79,450-crore Rajasthan refinery on Monday, a day before the scheduled inauguration by Modi.

Refineries worldwide are highly susceptible to fires, explosions, and catastrophic failures during the commissioning and startup phases, as this period involves introducing hydrocarbons into new or maintained high-pressure, high-temperature systems.

For this reason, inauguration ceremonies are performed after all units (a refinery typically has several units that turn crude oil pumped out of the ground or below the seabed into fuels like petrol and diesel at high temperatures) are safely commissioned and operations stabalised.

The refinery project was scheduled to begin commercial operations from July 1, according to a Government of India statement issued on April 8, announcing approval of the Union Cabinet to enhance the cost of the project.

This is not the first time a fire has broken out at a refinery under commissioning. On January 30, 2016, a major fire broke out at Indian Oil Corporation's (IOC) Paradip refinery's atmospheric vacuum unit (AVU), just over a week before its scheduled inauguration by Prime Minister Modi on February 7, 2016. No injuries were reported even then.

The Rajasthan refinery will be India's 24th and the second most complex unit yet in India.

The refinery-cum-petrochemical complex, located in Rajasthan's Balotra district, is designed as a 9 million tonnes per annum facility with a strong petrochemical focus, reflecting India's strategy to boost value-added output and reduce import dependence.

It features a Nelson Complexity Index of 17 and petrochemical yields exceeding 26 per cent, aligning with global benchmarks for efficiency and sustainability, according to an official statement.

Refinery complexity -- often measured by the Nelson Complexity Index -- indicates the capability to handle heavier, dirtier crude oil (which is cheaper) and turn it into high-value products like gasoline and diesel.

Reliance Industries Ltd's Jamnagar refinery in Gujarat is the world's most complex and largest refinery, featuring a complexity index of 21.1 and the capability to process over 216 different crude oil grades. It is designed to convert low-value heavy/sour crude into high-value fuels, processing 1.24-1.4 million barrels per day (Rajasthan refinery has a processing capacity of 180,000 barrels per day).

HRRL is a joint venture between HPCL, which holds a 74 per cent stake, and the Government of Rajasthan with the remaining 26 per cent.

Once operational, the complex will produce fuels, including petrol and diesel, along with petrochemicals such as polypropylene, polyethylene variants and key industrial chemicals like benzene and butadiene.

These products are widely used across sectors ranging from transportation and packaging to pharmaceuticals and construction.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  07:06 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260421133428_Rajasthan-HPCL-fire.png</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260421133428_Rajasthan-HPCL-fire.png" expression="full" type="image/jpeg">
        <media:description type="plain">Oil Ministry team probes Pachpadra refinery fire in Rajasthan; HPCL sees no material impact</media:description>
      </media:content>
    </item>
    <item>
      <guid>https://www.moneycontrol.com/news/business/tighter-norms-meity-proposes-continuous-label-visibility-on-full-duration-of-ai-generated-content-13895432.html</guid>
      <title>Tighter norms: MeitY proposes continuous label visibility on full duration of AI-generated content</title>
      <link>https://www.moneycontrol.com/news/business/tighter-norms-meity-proposes-continuous-label-visibility-on-full-duration-of-ai-generated-content-13895432.html</link>
      <description><![CDATA[The Ministry said it is placing the additional amendments in the public domain for consultation &quot;in order to provide stakeholders an opportunity to examine and submit feedback on the additional changes along with the earlier draft amendments&quot;.]]></description>
      <long-description><![CDATA[The IT Ministry on Tuesday mooted tighter disclosure norms for AI-generated content, proposing a mandatory, continuous, and clearly visible label for such synthetically generated information throughout the duration of the visual content.

This replaces the earlier requirement of ensuring "prominent visibility" under the IT Rules.

Adding this to the draft IT rules amendment that, among other changes, proposes to bring independent news creators on the Centre's radar and mandate compliance with advisories, Meity has also extended the deadline for stakeholder feedback/comments to May 7 as against April 29, 2026.

"In the said rules, in rule 3, in sub-rule (3), in clause (a), in sub-clause (ii), for the words, `that ensures prominent visibility in the visual display', the words and punctuation `that ensures continuous and clearly visible display of such label throughout the duration of the content, in a visual display' shall be substituted," the IT Ministry said circulating the draft changes for feedback.

The Ministry said it is placing the additional amendments in the public domain for consultation "in order to provide stakeholders an opportunity to examine and submit feedback on the additional changes along with the earlier draft amendments".

"In addition to the draft amendments already placed in the public domain, further changes have been proposed in Rule 3(3)(a)(ii), which requires continuous and clearly visible display of label for synthetically generated information throughout the duration of the content in visual display," the IT Ministry said in another notice.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  07:02 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2025/10/20251008103110_MeitY.jpg</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2025/10/20251008103110_MeitY.jpg" expression="full" type="image/jpeg">
        <media:description type="plain">Tighter norms: MeitY proposes continuous label visibility on full duration of AI-generated content</media:description>
      </media:content>
    </item>
    <item>
      <guid>https://www.moneycontrol.com/world/trump-hints-at-thaw-with-ai-firm-anthropic-article-13895428.html</guid>
      <title>Trump hints at thaw with AI firm Anthropic</title>
      <link>https://www.moneycontrol.com/world/trump-hints-at-thaw-with-ai-firm-anthropic-article-13895428.html</link>
      <description><![CDATA[Donald Trump says he is open to resolving tensions with Anthropic after dispute over military access to AI models]]></description>
      <long-description><![CDATA[US President Donald Trump suggested Tuesday he would be open to improved relations with Anthropic to end the dispute between the government and the tech startup, after it refused to grant the military unconditional use of its AI models.

"I think we'll get along with them just fine," Trump said when asked about the row in an interview with CNBC.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  06:55 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260417145154_Trump-New-0005.jpg</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260417145154_Trump-New-0005.jpg" expression="full" type="image/jpeg">
        <media:description type="plain">Trump hints at thaw with AI firm Anthropic</media:description>
      </media:content>
    </item>
    <item>
      <guid>https://www.moneycontrol.com/news/india/8-dead-several-injured-in-blast-at-fireworks-unit-in-kerala-s-thrissur-13895425.html</guid>
      <title>8 dead, several injured in blast at fireworks unit in Kerala&#8217;s Thrissur</title>
      <link>https://www.moneycontrol.com/news/india/8-dead-several-injured-in-blast-at-fireworks-unit-in-kerala-s-thrissur-13895425.html</link>
      <description><![CDATA[Following the incident, chief minister Pinarayi Vijayan directed all government systems to be prepared to provide all kinds of medical assistance in connection with the Thrissur fireworks display explosion. He also held a telephonic conversation with the chief secretary.]]></description>
      <long-description><![CDATA[At least eight people have succumbed and several workers are reportedly injured after an incident of fire followed by an explosion at a fireworks manufacturing unit at Mundathikode occurred near Thrissur in Kerala.

Immediately after the fateful incident, Thrissur District Collector Shikha Surendran visited the spot and said that additional medical teams will be arriving from Palakkad.

According to the preliminary information, the incident reportedly occurred at a unit engaged in preparing fireworks for the Thiruvambady faction of the Thrissur Pooram. The facility was reportedly producing materials for the sample fireworks scheduled on April 24.

Following the incident, chief minister Pinarayi Vijayan directed all government systems to be prepared to provide all kinds of medical assistance in connection with the Thrissur fireworks display explosion. He also held a telephonic conversation with the chief secretary.

The CM further announced that if required the services of expert doctors from hospitals outside the state will be used to provide expert treatment to the burn victims.

<strong><em>( More details are awaited)</em></strong>]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  06:53 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260421132322_Fire.jpg</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260421132322_Fire.jpg" expression="full" type="image/jpeg">
        <media:description type="plain">8 dead, several injured in blast at fireworks unit in Kerala&#8217;s Thrissur</media:description>
      </media:content>
    </item>
    <item>
      <guid>https://www.moneycontrol.com/sports/cricket/india-s-bench-strength-in-focus-selectors-eye-reserves-for-one-off-test-against-afghanistan-report-article-13895379.html</guid>
      <title>India's bench strength in focus: Selectors eye reserves for one-off Test against Afghanistan - Report</title>
      <link>https://www.moneycontrol.com/sports/cricket/india-s-bench-strength-in-focus-selectors-eye-reserves-for-one-off-test-against-afghanistan-report-article-13895379.html</link>
      <description><![CDATA[Players like Gurnoor Brar, Manav Suthar, Auqib Nabi, Devdutt Padikkal, who made an impression in first-class cricket, are on selectors radar.]]></description>
      <long-description><![CDATA[The one-off Test against Afghanistan, which is set to be played right after the IPL, has put India's bench strength in focus. The league stage of the ongoing IPL ends on May 24, following which three playoff encounters and a final will be played. Although official dates are yet to be announced, it is anticipated that the IPL will get over by May 31. The Test against Afghanistan is scheduled for June 6-10, and four days later India engage in a three-match ODI series with them.

The short gap may force Ajit Agarkar-led selection committee to pick some reserves for the Afghanistan Test. As reported by <em>The Times of India</em>, players like Gurnoor Brar, Manav Suthar, Auqib Nabi, Devdutt Padikkal, who made an impression in first-class cricket, are on selectors radar for the Test. Meanwhile, senior players like Jasprit Bumrah, Shubman Gill, KL Rahul, and even Ravindra Jadeja could be given a break, considering the workload in IPL and the rigorous schedule that follows.

<strong>Also Read | <a href="https://www.moneycontrol.com/sports/cricket/canada-cricket-under-lawrence-bishnoi-s-control-allegations-of-intimidation-match-fixing-and-outside-influence-surface-article-13895251.html" target="_blank">Canada Cricket under Lawrence Bishnoi's control? Allegations of intimidation, match-fixing and outside influence surface</a></strong>

"There is not much gap between the IPL final and the Afghanistan Test, so the selectors and management will be wary of not burning out the players, as there are three ODIs, then the white-ball series in England.

"There are no WTC points in the Afghanistan Test, and the stakeholders need to carefully manage the workload because some of the players would be on the road for close to two months and have a lot of cricket in the remainder of the year. ODIs and WTC are the priority right now, and you want your best players to be fit, fresh, and available for the four Tests - two vs Sri Lanka and two vs New Zealand - and the many ODIs. Why even risk a Bumrah for this Test?" the newspaper quoted a source as saying.

"And there is little turnaround time between the Test and ODI series. So you will again be in the situation where a Test and ODI regular, say like Gill, Bumrah, KL Rahul, and even Ravindra Jadeja, would switch formats from T20 to Test to ODIs in less than a month's time. The captain and coach have been very vocal about such scheduling in the past and could have the final say," the source added.

<strong>Also Read | <a href="https://www.moneycontrol.com/sports/cricket/i-got-an-alert-with-concrete-proof-lalit-modi-makes-shocking-black-magic-allegations-by-ipl-team-owner-article-13893539.html" target="_blank">I got an alert with concrete proof: Lalit Modi makes shocking black magic allegations by IPL 'team owner'</a></strong>

The lack of WTC points allows selectors to give some up-and-coming talent a chance. "One thing is clear with this selection panel: they rarely jump the gun. It's no secret that Gurnoor and Manav have been very impressive, as have Harsh, Auqib, and Devdutt. It will all boil down to the discussions between the think-tank and the medical team because optimum utilisation of resources is going to be key here. No point putting your star players under the sun for a five-day fixture which offers no WTC points," the source further said.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  06:50 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2025/12/20251216073540_Auqib-Nabi-PTI.jpg</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2025/12/20251216073540_Auqib-Nabi-PTI.jpg" expression="full" type="image/jpeg">
        <media:description type="plain">India's bench strength in focus: Selectors eye reserves for one-off Test against Afghanistan - Report</media:description>
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      <guid>https://www.moneycontrol.com/news/business/ipo/bain-capital-and-cppib-in-final-leg-of-rmz-group-s-500mn-750mn-fund-raise-13895405.html</guid>
      <title>Bain Capital and CPPIB in final leg of RMZ Group&#8217;s $500mn - $750mn fund raise</title>
      <link>https://www.moneycontrol.com/news/business/ipo/bain-capital-and-cppib-in-final-leg-of-rmz-group-s-500mn-750mn-fund-raise-13895405.html</link>
      <description><![CDATA[The proposed transaction is likely to be via a structured investment route, quasi equity style linked to a potential IPO outcome, sources told Moneycontrol]]></description>
      <long-description><![CDATA[&nbsp;

&nbsp;

US private equity major Bain Capital and top pension fund Canada Pension Plan Investment Board (CPPIB) are competing in the final leg of the ongoing large fund raise process for integrated real assets platform RMZ Group, multiple industry sources in the know told Moneycontrol.

On April 1, Moneycontrol was the first to report that the <a href="https://www.moneycontrol.com/news/business/rmz-group-weighing-500-mn-plus-fund-raise-via-pe-route-13876314.html" target="_blank">Menda family-backed firm based in Bengaluru, was looking to raise growth capital in excess of $500 mn</a> at the holding company level and had initiated talks with investors.

&nbsp;

&#8220;This is a big transaction for the realty segment in the current environment. RMZ Group is looking to raise between $500 mn to $750 mn,&#8221; said one of the persons above.

A second person said that the deal is a two-way race between Bain Capital and CPPIB.

A third person also named the two suitors above, without elaborating which of them had an edge in the discussions.

&#8220;The proposed transaction is likely to be done via a structured investment route, quasi equity style linked to a potential IPO outcome,&#8221; a fourth person elaborated.

All the four persons above spoke to Moneycontrol on the condition of anonymity.

It wasn&#8217;t immediately clear if any co-investors or a consortium would be used by the two suitors to proceed in the proposed transaction.

According to the April 1 report of Moneycontrol, RMZ Group needs the additional funds to expand its existing office portfolio and also bolster its presence in other verticals like data centres and retail hospitality.

"The firm has a strong execution track record with high quality projects and has given good exits earlier to global investors at the asset or project level. Investment bank HSBC Securities has been mandated as the transaction advisor for the process. Post the proposed fund-raise, in 12 to 18 months, RMZ Group is keen to pursue an initial public offer (IPO),&#8221; the April 1 report had added.

An email query sent to RMZ Group remained unanswered at the time of publishing this article. Reminders have been sent and this article will be updated as soon as we hear from the firm. When contacted, Bain Capital and CPPIB declined to comment.

Incidentally, CPPIB is a limited partner or LP in various Bain Capital funds. In the past, the Canadian investor has bet $210 million on RMZ&#8217;s commercial property projects in Chennai and Hyderabad.

Private equity bets in the domestic real estate sector surged sharply in 2025, rising 59 per cent year-on-year to reach $6.7 bn according to Savills India's Asia Pacific Q4 2025 report. The investments were led by the office segment, followed by data centres and residential assets.

<strong>A closer look at RMZ Group</strong>

RMZ is one of Asia&#8217;s leading multi-strategy, privately owned alternative asset owners and operators. The firm builds, owns, and operates a diversified portfolio of real assets and infrastructure across premium commercial real estate, mixed-use developments, logistics, hospitality, and digital infrastructure.

Founded in 2002, RMZ has developed and owns over 70 million square feet of real assets across six major Indian cities, with assets in excess of $ 20 billion, as per an announcement by the firm in January. Operating through an integrated owner-operator model, the group combines development, operations, and capital management to create long-horizon platforms.

In 2020, Japan&#8217;s Mitsui Fudosan Co. backed one of the group's office projects in Bengaluru.

&nbsp;]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  06:49 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2025/03/20250327045158_Jumbotail-funding.jpg</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2025/03/20250327045158_Jumbotail-funding.jpg" expression="full" type="image/jpeg">
        <media:description type="plain">Bain Capital and CPPIB in final leg of RMZ Group&#8217;s $500mn - $750mn fund raise</media:description>
      </media:content>
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      <guid>https://www.moneycontrol.com/news/india/i-t-dept-lodges-police-complaint-against-tn-congress-chief-k-selvaperunthagai-for-making-false-claims-13895403.html</guid>
      <title>I-T Dept lodges police complaint against TN Congress chief K Selvaperunthagai for making 'false' claims</title>
      <link>https://www.moneycontrol.com/news/india/i-t-dept-lodges-police-complaint-against-tn-congress-chief-k-selvaperunthagai-for-making-false-claims-13895403.html</link>
      <description><![CDATA[The board said in a statement that the &quot;false&quot; and &quot;misleading&quot; remarks made by Selvaperunthagai, who is the Congress candidate from the Sriperumbudur Assembly seat in the upcoming polls, have also been reported to the Election Commission (EC).]]></description>
      <long-description><![CDATA[The CBDT on Tuesday said the Income-Tax Department has lodged a complaint with the Chennai police commissioner against Tamil Nadu Congress president K Selvaperunthagai, who has falsely claimed that the taxman had raided and "unlawfully confined" him in the poll-bound state.

The board said in a statement that the "false" and "misleading" remarks made by Selvaperunthagai, who is the Congress candidate from the Sriperumbudur Assembly seat in the upcoming polls, have also been reported to the Election Commission (EC).

"The allegations made are entirely baseless and factually incorrect," the CBDT said.

It is clarified that the taxman conducted "no search, survey or enforcement action" against Selvaperunthagai on April 20 or on any date in the recent past, it added.

Polls for the 234 Assembly seats in Tamil Nadu will be held on April 23.

The Central Board of Direct Taxes (CBDT) is the administrative authority for the I-T Department.

The statement said on April 20, the politician alleged on his X handle that I-T Department officials, under the pretext of conducting a search, had unlawfully confined him within the constituency and prevented him from discharging his political duties and participating in election-related activities.

He reiterated the claim during interactions with the media that day and certain press organisations reported the news as well, the CBDT said.

Tax authorities immediately examined and verified the statement and media reports, finding the claim to be incorrect, it said.

"The false and misleading statements made by Shri K Selvaperunthagai have been reported to the Election Commission of India.

"Additionally, a complaint has been lodged with the Commissioner of Police, Chennai, seeking initiation of appropriate legal proceedings against the individual concerned for dissemination of false information and making defamatory allegations against a government department," it said.

The statement added that some "limited" verification exercises were undertaken by the department in certain areas of Sriperumbudur, based on specific intelligence inputs related to suspected movement of unaccounted cash.

"Such routine verification activities were carried out in coordination with the appropriate authorities and were not connected in any manner to Shri K Selvaperunthagai.

"These exercises did not result in any findings warranting further action and did not involve or affect the individual in any capacity," the CBDT said.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  06:48 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260421131755_Tamil-Nadu-Congress-Chief.png</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260421131755_Tamil-Nadu-Congress-Chief.png" expression="full" type="image/jpeg">
        <media:description type="plain">I-T Dept lodges police complaint against TN Congress chief K Selvaperunthagai for making 'false' claims</media:description>
      </media:content>
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    <item>
      <guid>https://www.moneycontrol.com/entertainment/the-osmonds-alan-osmond-passes-away-at-76-brother-merrill-osmond-recalls-final-moment-in-emotional-tribute-article-13895402.html</guid>
      <title>The Osmonds&#8217; Alan Osmond passes away at 76, brother Merrill Osmond recalls final moment in emotional tribute</title>
      <link>https://www.moneycontrol.com/entertainment/the-osmonds-alan-osmond-passes-away-at-76-brother-merrill-osmond-recalls-final-moment-in-emotional-tribute-article-13895402.html</link>
      <description><![CDATA[Alan Osmond, founding member of The Osmonds, has died at 76, surrounded by his family. His brother Merrill Osmond paid an emotional tribute, recalling their final moments together.]]></description>
      <long-description><![CDATA[The Osmonds' eldest member, Alan Osmond, passed away. He was 76.

A family representative confirmed to ABC4 Utah and CBS affiliate KUTV that Alan passed away on Monday, April 20, at approximately 8:30 p.m. local time.

According to KUTV, Alan passed away surrounded by his wife, Suzanne Pinegar Osmond, and their eight sons. According to the publication, the singer had given up performing after receiving a multiple sclerosis diagnosis 40 years ago.

His brother, Merrill Osmond paid tribute to Alan in an emotional post.

Merrill took his Facebook and shared a throwback picture of Alan with an emotional caption.

He wrote, &#8220;My dear friends, Two days before my brother, Alan, passed, I was blessed to sit quietly with him. We talked as brothers do, heart to heart.&#8221;

<iframe width="500" height="786" style="border: none; overflow: hidden;" src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fmerrillosmond.uk%2Fposts%2Fpfbid0xYoCPvxyE5T4DKagP6jhBobAnvYjfkzq22rzXbRLzycix6aGFsTm9BavzwPKiQSUl&amp;show_text=true&amp;width=500" scrolling="no" frameborder="0" allowfullscreen="allowfullscreen" allow="autoplay; clipboard-write; encrypted-media; picture-in-picture; web-share"></iframe>

He continued the tribute, &#8220;He was struggling, but when I shared a joke or two, he found the strength to chuckle&#8230; and then he smiled. In a tender moment I will never forget, he leaned close and whispered something into my ear. He said, &#8216;Merrill, you and I worked side by side,' &#8221; the musician continued. &#8220; 'We created, we produced, we directed&#8230; we gave our hearts to The Plan with Wayne. Please&#8230; do something with it. Let people know what we were trying to say.&#8217; I want you to know, his request will be honored.&#8221;

Merrill added, &#8220;My brother has now stepped into the presence of our Father in Heaven with honor and peace. His life was not measured in years, but in love, sacrifice, and purpose.&#8221;

Merrill further noted that Alan&#8217;s &#8220;creativity, his vision, and his deep understanding of the Savior&#8217;s teachings were simply part of who he was,&#8221; adding, &#8220;He lived it. He felt it. He shared it. He wanted me to tell you how much he loved you, and I believe that with all my heart. He gave everything he had to the Lord, to his family, and to all of you. He truly was a missionary. He truly was a saint.&#8221;

Merrill said, &#8220;And I need you to know this&#8230; he has not left me. I have felt him. I have felt his quiet encouragement telling me to keep going&#8230; to keep building faith&#8230; to keep sharing light. His testimony is not gone, it lives on, and it will continue to be felt far beyond this life.&#8221;

The musician continued, &#8220;So please, don&#8217;t let your hearts be heavy. Don&#8217;t weep for him. Rejoice, knowing that your brother, your friend, your hero is no longer in pain. He is free. He is whole. He is home.&#8221;

He concluded his post by writing, &#8220;Before he passed, I whispered one request to him. I asked him, when he gets there&#8230; please give my son Troy a big hug for me. He looked at me and promised he would,&#8221; Merrill concluded. &#8220;And somehow&#8230; I believe that promise has already been kept.&#8221;

Also Read: <a href="https://www.moneycontrol.com/entertainment/days-of-our-lives-actor-patrick-muldoon-dies-after-suffering-heart-attack-at-57-article-13894129.html">&#8216;Days of Our Lives&#8217; actor Patrick Muldoon dies after suffering heart attack at 57</a>

Alan, Wayne, Merrill, Jay, and later, Donny created The Osmonds in the 1970s, before they became famous. George Virl Osmond and Olive May raised the brothers in Utah with their brothers Virl, Jimmy, and Tom, and their sister Marie Osmond.

Alan Osmond is survived by his wife, Suzanne, his sons Michael, Nathan, Doug, David, Scott, Jon, Alex, and Tyler. The singer also has 30 grandchildren and five great-grandchildren.]]></long-description>
      <dc:creator>Moneycontrol.com Team</dc:creator>
      <copyright>Moneycontrol.com</copyright>
      <language>en-us</language>
      <author>Moneycontrol.com</author>
      <pubDate>Tuesday, Apr 21,  2026  06:44 PM</pubDate>
      <image>https://images.moneycontrol.com/static-mcnews/2026/04/20260421131408_Alan-Osmond-passed-away.png</image>
      <media:content url="https://images.moneycontrol.com/static-mcnews/2026/04/20260421131408_Alan-Osmond-passed-away.png" expression="full" type="image/jpeg">
        <media:description type="plain">The Osmonds&#8217; Alan Osmond passes away at 76, brother Merrill Osmond recalls final moment in emotional tribute</media:description>
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