Former Raymond Group chairman Vijaypat Singhania has died at the age of 87. He was known for his business leadership and aviation achievements.
HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.
HDFC Bank's leadership addresses the sudden resignation of its chairman, citing ethical concerns, and attempts to reassure stakeholders about the bank's governance and future stability.
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.
The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.
Tensions flared in Manipur as a mob tried to enter the residence of the Kuki Zo Council chairman, prompting intervention by security forces and raising concerns about ongoing unrest.
Sunil Bharti Mittal, 68, will retire as chairman of Airtel Africa in July after the conclusion of this year's annual general meeting (AGM), the board of the African arm of India's second-largest telecom service provider Bharti Airtel said in a statement to the exchanges on Wednesday.
Gurugram Police have arrested the chairman of a school for allegedly defrauding students by presenting fake CBSE accreditation for class 10. The arrest follows complaints from parents after students were unable to sit their CBSE mathematics examination.
The Pakistan Cricket Board chairman Mohsin Naqvi has stated that the board will take action against players who withdraw from PSL at the last minute to join IPL.
Film actress Sara Ali Khan's entry to Badrinath and Kedarnath temple complexes is contingent on submitting an affidavit declaring her faith in Sanatan Dharma, according to the Badri-Kedar Temple Committee chairman.
The chairman, Javad Ahmad Siddiqui, has been remanded to four days of police custody for further questioning.
FIFA president Gianni Infantino hailed Jay Shah's 'outstanding work' as the chairman of International Cricket Council.
'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'
Ananya Birla shows her support for Royal Challengers Bengaluru ahead of their IPL 2026 opener, as the team enters a new era under new ownership.
The Enforcement Directorate (ED) has re-arrested Jawad Ahmad Siddiqui, chairman of the Al Falah Group, in connection with a money laundering case involving the fraudulent acquisition of land in Delhi. This is Siddiqui's second arrest by the ED, following a previous case related to cheating students at his educational institutions.
C J Roy, founder and chairman of real estate firm Confident Group, died by suicide in Bengaluru. The incident occurred amidst ongoing Income Tax searches at his premises. Family alleges pressure from a central agency may have contributed to his death.
Security forces in Manipur have arrested 10 cadres of the banned Prepak (RA) near the India-Myanmar border, including five minors, as search operations continue in the region amid ongoing ethnic violence. A separate incident involved a mob attempting to enter the residence of a Kuki Zo Council chairman.
Following his election to the Rajya Sabha, Nitish Kumar is set to resign from the Bihar Legislative Council, adhering to constitutional requirements and prompting speculation about future political strategies in Bihar.
Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.
Karnataka's Deputy Chief Minister defends the demand by Congress MLAs for VIP IPL tickets, asserting their entitlement as part of the government.
Fakhar Zaman, Shaheen Shah Afridi, and Sikandar Raza deny ball-tampering charges during a Pakistan Super League match, leading to an investigation and potential penalties for the Lahore Qalandars.
The Pakistan Cricket Board's policy regarding its employees working for Pakistan Super League franchises is unclear, causing confusion among staff and franchise officials.
Senior Congress leader V D Satheesan has declared assets worth around 3 crore, including movable and immovable properties, in his affidavit filed before the Election Commission for contesting the polls from North Paravoor. Kerala Congress (M) chairman Jose K Mani has also declared his assets.
'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'
'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'
Jay Shah received the Outstanding Contribution to Sports Award from Piyush Goyal at the Indian Business Leader Awards in Mumbai.
Maharashtra Chief Minister Devendra Fadnavis clarifies the separation of powers between the legislature and executive branches following a directive to suspend a Satara Superintendent of Police. He emphasised that while the executive is accountable to the legislature, the legislature cannot assume the executive's role.
The Bangladesh Cricket Board's chairman of selectors, Habibul Bashar, expresses his desire for veteran all-rounder Shakib Al Hasan to return to the national team and play until at least the 2027 ODI World Cup.
A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.
TRAI Chairman Anil Kumar Lahoti highlights the increasing importance of Artificial Intelligence in the design, management, and experience of telecom networks in India, noting its role in self-optimising networks, cybersecurity, and preparing for 6G technology.
The inauguration of Noida International Airport (NIA) is set to significantly increase property values in micro-markets along the Yamuna Expressway, with projections indicating a 28 per cent rise for plots and 22 per cent for apartments over the next two years, according to Colliers.
Congress leader Sonia Gandhi is stable and under medical supervision at Sir Ganga Ram Hospital in Delhi after being admitted on Tuesday night.
NCP leader Rupali Chakankar has resigned from her position as the party's Maharashtra women's wing chief following controversy surrounding her association with Ashok Kharat, who has been accused of rape.
'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'
Senior Congress leader P J Kurien has asserted that the UDF will return to power in Kerala after the April 9 Assembly polls, with Ramesh Chennithala as Chief Minister.
The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
What is the reason behind this drying up of talent for the top post in private banks?
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances