Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.
'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'
The National Stock Exchange, the country's largest bourse, entered a strategic relationship with CNBC-TV18 under which the latter would broadcast trading and other trading related information live through its channels.
In line with its focus of providing stock markets and economic news, CNBC-TV18 is also moving its broadcasting base to Mumbai and is expanding infrastructure in the city.
CNBC TV 18 has signed an agreement with Tata Indicom broadband to launch its video-on-demand service
IOC eyes 'right media partner' in India as cricket returns to Olympics in 2028
Markets regulator Sebi will soon set up a working group to undertake a comprehensive review of short selling and the Securities Lending and Borrowing (SLB) frameworks, its chairman Tuhin Kanta Pandey said on Friday. The framework for short selling, introduced in 2007, has largely remained unchanged since its inception.
Deepika Padukone finally addressed the much-talked about eight-hour shift that's reportedly costing her big movies.
Rana said she had made a "note" on September 27 where she had drawn the World Cup and inscribed that India wold win the trophy this time around.
The Kyunkii...Saas Bhi Kabhi Bahu Thi appearance mark Bill Gates' second appearance on a show after his cameo in the American show The Big Bang Theory.
Reserve Bank will "wait and watch" the evolving situation before deciding on any further rate cut, Governor Sanjay Malhotra has said as he emphasised that both growth and price stability are equally important. With inflation on a downward trend, the RBI's Monetary Policy Committee (MPC) has been reducing the benchmark repo rate and has adopted a neutral stance, which also gives the flexibility to either cut or hike the rate going forward. The central bank has cummulatively reduced the repo rate by 100 basis points since February.
US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.
A video post on Reddit, which has since gone viral, shows the L&T chief saying, 'I regret that I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy because I work on Sundays also.'
The derivatives trading volume has seen a 37 per cent month-on-month decline in December following a slew of measures undertaken by the market regulator Securities Exchange Board of India (Sebi) to curb the frenzy in the derivatives segment. The average daily turnover (ADTV) for the derivatives segment (notional turnover for options segment) so far this month is at Rs 280 trillion - the lowest since June 2023-compared to Rs 442 trillion in November.
Bajaj Auto is gearing up to launch clean-energy vehicles including another motorcycle powered by compressed natural gas (CNG), showcase ethanol-powered motorcycles and three-wheelers next month, as well as launch a new Chetak platform early next year, as it closes in on hitting 100,000 monthly sales from clean-energy vehicles this festival season. In an interview with CNBC-TV18, Bajaj Auto managing director Rajiv Bajaj said these initiatives were part of the firm's broader goal to achieve monthly sales of 100,000 clean-energy vehicles this festival season.
Serum Institute of India chief Adar Poonawalla will pay 138 million (about Rs 1,444 crore) for a Mayfair mansion in London in one of the city's most expensive home sales of the year
'His track record in the market has been spotless and untainted.' 'That is why he had such great fan following among investors.'
Business channel CNBC-TV18 has released its list of B-school rankings. Find out what school stands where right here!
BCCI president Sourav Ganguly, who also holds the post of director at ATK Mohun Bagan, has decided to step down from the position in the Indian Super League franchise to avoid any potential conflict of interest.
Who owns the Navi Mumbai SEZ project? That's the question the IT department seems to be asking.
When you talk about sports and business, you do see the parallels between each
Ruchir Sharma on the market potential over the next 12 months
General Motors is on an India overdrive. A mini car, a small car and an SUV
This would impact Vento, Jetta and Passat sedan cars, Polo hatchback and Polo Cross crossover in India.
If Mr Modi is not in favour of privatisation, he should outline what alternative strategies he has in mind to revive PSUs whose deteriorating finances have become a drag on central resources.
Minutes after the Union Cabinet approved raising the cap on subsidised liquefied petroleum gas (LPG) cylinders from nine to 12 per connection in a year, Reserve Bank of India (RBI) Governor Raghuram Rajan questioned the decision, suggesting it was "misdirected subsidy".
We have to walk a very fine line between our desire to mobilise more and more taxes or having higher percentage of taxes, he says
Interview with Uday Kotak, executive vice-chairman & MD, Kotak Mahindra Bank.
CNBC-TV18 News reports that it has been able to confirm that the insurance giant is firmly backing Tata Sons. There is thus no possibility that the insurer will exit the group.
Jet Airways shares fall as much as 13.6 per cent after media reported that the deal with Etihad may be called off.
An ET NOW advertisement thanked viewers for making it the Number 1; its version had 55 per cent market share, while CNBC had 42 per cent.
The West Asian carrier could pay up to $330 mn for a 24% stake in Jet, say sources.
It's not only about technology, but the reach of Google that attracts the players. Google's online display ads have even evoked the interest of automobile companies, other than telcos and FMCG firms.
Virtually ruling out closure of debt-laden Kingfisher Airlines (KFA), Civil Aviation Minister Ajit Singh on Thursday said promoter Vijay Mallya will have to take call on shutting down the business.
The Reserve Bank of India announced measures late on Monday to curb the rupee's decline by tightening liquidity.
The findings of the CNN-IBN & CNBC-TV18 'State of the Nation Poll', conducted by the Centre for the Study of Developing Societies, Delhi reflects the popular mood of a number of issues such as the popularity of political leaders, the economy, corruption and terrorism. The results of the poll on the theme 'Personalities and Leadership' shows that Congress General Secretary Rahul Gandhi is the preferred choice as prime minister.
This year saw quite a few celebs walk down the aisle.
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