Business success often involves a combination of planning, implementation, and continuous learning, says rediffGURU Harsh Bharwani.
IndusInd Bank on Tuesday fire fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses. IndusInd Bank CEO and managing director Sumant Kathpalia said that the accounting lapse was noted around September-October last year and the bank gave a preliminary update to the RBI about this last week.
IndusInd Bank on Tuesday fire-fought the fallout of a Rs 2,100 crore discrepancy in accounting, saying it has enough reserves and capital to cover for it, but the management's assurance failed to arrest the free fall of shares which tanked over 27 per cent on the bourses.
While India today is vastly different from the India of 1975, the need for vigilance against authoritarianism remains the same, asserts Utkarsh Mishra.
Rediff reports on the reasons behind this dramatic shift.
The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.
42 years of World Cup triumph: A Day that made Indian cricket what it is
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
In his media statement following talks with his Croatian counterpart Andrej Plenkovic, Modi said both leaders agree that "terrorism is an enemy of humanity" and is inimical to forces that believe in democracy.
Pakistan has warned the international community that any military moves by India shall be 'responded to assuredly and decisively... onus of any escalatory spiral and its consequences shall squarely lie with India.' Implicit in the statement is a veiled threat that even a nuclear threshold may be reached if push comes to shove, warns Ambassador M K Bhadrakumar.
All the 12 cabin crew members, including two pilots, on board the ill-fated London-bound Air India flight were killed in the Ahmedabad air crash on Thursday.
Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.
The retirement of Ravichandran Ashwin has opened the door for other spin all-rounders to step up, and Vidyut is confident that Washington Sundar could be the one to watch.
Sachin Yadav, who will be competing in his first international competition in the Asian Championships, is considered the next big thing in men's javelin after Neeraj Chopra.
'I am not a mother and never had an abortion either, so I had to understand motherhood and child loss from anecdotal experiences of others.'
Concerns have been raised over Marico's exposure to Bangladesh in the wake of turmoil in that country. However, the management reiterated expectations of growing domestic business at double digits and maintaining international growth. Marico scaled up its food business by 4 times between FY20-24 and aims to double it again in the next three financial years.
People in some border villages of Ferozepur district in Punjab began moving to safer areas amid soaring tensions between India and Pakistan.
An Air India passenger allegedly urinated on a fellow traveller during a flight from Delhi to Bangkok on Wednesday. Air India has reported the incident to the authorities (DGCA) and is investigating the matter. The airline has also stated that its crew followed all laid down procedures in handling the situation and offered assistance to the aggrieved passenger.
'He's gonna inspire billions of girls and boys.'
Can a culture survive as a way of life, even as the language and writing at its core, alter with time? Can we be rational and Malayalee or do we have to necessarily be religious and proudly cultural to be Malayalee? asks Shyam G Menon.
Reserve Bank of India (RBI) Deputy Governor Swaminathan J criticised some non-banking financial companies (NBFCs) for lax loan appraisal practices and charging excessive interest rates, even as he acknowledged the sector's rapid expansion over the past decade, especially in recent years. "Unfortunately, some NBFCs seem to believe they can operate with weak underwriting in the pursuit of fast growth while levying excessive and unsustainable interest rates - sometimes disguised as upfront or processing fees - followed by aggressive recovery methods in case of default," Swaminathan said at the conference of NBFCs in Chennai last month.
Will Russia's entry deter Trump on his warpath?, asks Ambassador M K Bhadrakumar.
"It is shocking to note that Turkey, the second-largest arms supplier to Pakistan after China, has played a key role in modernising Pakistan's navy and enhancing its aerial warfare capabilities. "This defence collaboration is not just commercial; it is ideological, targeting the stability of South Asia and emboldening Pakistan's military adventurism," SJM national co-convenor Ashwini Mahajan said in a statement.
The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?
A bench of the Bangladesh High Court ordered the release on bail of Hindu leader Chinmoy Krishna Das, who was arrested in November on charges of defaming the country's national flag. The two-judge bench granted the bail after a final hearing on their previous rule asking authorities why he should not be granted bail. Das, a former ISKCON leader, was arrested at Dhaka's Hazrat Shahjalal International Airport on November 25.
India registered its protest at the board of IMF, which met on Friday to review the EFF lending programme for Pakistan.
Two years after ethnic violence erupted in Manipur, thousands of Internally Displaced Persons (IDPs) continue to live in overcrowded camps, struggling to rebuild their lives and facing an uncertain future. Despite the sacking of the Chief Minister and the imposition of President's rule, peace remains a distant hope. While hill-based Kukis demand a separate administration, Meiteis seek implementation of the National Register of Citizens (NRC) and deportation of those they consider illegal immigrants. The IDPs, grappling with severe psychological distress, feel forgotten by the government and are forced to depend on the mercy of others for basic needs.
As many as 76 per cent of respondents said they will be willing to sacrifice existing benefits for better ones.
Ducati's Marc Marquez returned to the top step of the podium with victory at the Qatar Grand Prix on Sunday despite suffering damage to his bike in a collision with his brother Alex on the first lap.
Tourists hesitant to visit America due to frequent policy changes there.
CSK have dropped 13 catches in their first five matches this season and it could be what defines their campaign eventually.
'Only those who live through these situations understand the true cost of war.'
Lando Norris lucked in to win a rain-hit and crash-strewn Miami Grand Prix sprint race in a McLaren one-two on Saturday.
Singapore's long-ruling People's Action Party (PAP), led by Prime Minister Lawrence Wong, has secured a landslide victory in the country's general election. The PAP won 87 of 97 seats, with voters endorsing the party's focus on stability and economic security amidst global uncertainties. Wong expressed gratitude for the strong mandate and vowed to tackle concerns about the cost of living and housing. The results mark a significant win for the PAP, which has been in power since Singapore's independence in 1965.
An Air India aircraft with 242 passengers on board heading to London crashed in the Meghaninagar area near Ahmedabad airport on Thursday afternoon, the police said.
'It's clear that fans are eager to be part of the live stadium experience, reflecting a growing trend of travel driven by marquee sporting events.'
Prime Minister Narendra Modi officially commissioned the Vizhinjam International Seaport on Friday in Thiruvananthapuram in the presence of Chief Minister Pinarayi Vijayan and senior Congress leader Shashi Tharoor, whose presence at the inauguration, Modi said, will give 'sleepless nights' to many.
As per the official procedure, athletes have to submit bills within 15 days of the completion of a training or competition for which advance has been disbursed.
Kamal has a crisp pen when it comes to writing short and yet powerful film dialogues. But while speaking ex tempore -- and that has been his style -- he looks every bit a confused man, observes N Sathiya Moorthy.
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