IDFC First Bank reported a Rs 590 crore fraud involving its employees and others in accounts held by the Haryana government. The bank has informed regulators and filed a police complaint, initiating internal reviews and forensic audits.
Only 17 per cent of boards play an active role in shaping company strategy, said a survey by the Indian School of Business (ISB). According to the survey, 83 per cent of the boards remain passive, playing no active role in the company's management.
The Bihar government has rejected demands to review its prohibition law, which has been in place for a decade, despite concerns raised by members of the ruling NDA about financial losses to the state.
The Supreme Court has granted bail to a doctor arrested for allegedly tampering with blood samples in the Pune Porsche crash case, where a minor is accused of killing two people.
The Kerala high court is now reviewing the certification of The Kerala Story 2 after a petition raised concerns about its potential to incite communal disharmony and misrepresent events related to Kerala.
Sebi is working with other regulators to expand the CAS framework.
BCB removes its director Najmul Islam from key post after players revolt
'If India can't provide security to one of our players, how will they ensure security of our entire team.'
Former India batter Aakash Chopra stated that reshuffling Bangladesh's matches to alternative venues will be extremely challenging for ICC with just one month left for the tournament to start.
The Lancet study revealed that the HbA1c test is erroneous in populations with anemia and other hemoglobin-related deficiencies in India.
The board of InterGlobe Aviation, the parent of IndiGo, has already set up a crisis management group in the wake of the significant operational disruptions that started on December 2.
The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.
Digital healthcare platform Practo is targeting annualised gross merchandise value (GMV) of $1 billion by June 2026, with its expanding US operations expected to contribute between $250 million and $300 million, according to people familiar with the company's plans.
This exercise allows investors to realign their portfolios with changing market conditions and evolving personal objectives.
Aviation regulator DGCA intensifies scrutiny of IndiGo following widespread flight cancellations. The airline will offer travel vouchers to affected passengers.
The Directorate General of Civil Aviation (DGCA) is probing the incident reported on November 26. The regulator had asked the airline to carry out an internal probe to fix the responsibility and ensure that such incidents do not occur in the future.
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
Diageo's India arm will begin a strategic review of its investment in a unit which owns the IPL team Royal Challengers Bengaluru, the spirits maker said on Wednesday.
They accounted for 39.1 per cent of the premium paid to trade equity options in September 2025.
Sebi has proposed allowing depositories to mark such pledged shares as 'non-transferable' for the duration of the lock-in period, based on instructions from the issuer.
'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.'
Nayagam PP, founder of Edujob360, offers a list of the top entrance exams, their timelines, eligibility criteria, exam patterns and preparation strategies to help you plan the year ahead.
According to World Population Review 2025 data, United States eats the most cheese in the world. It also the world largest cheese-producing country. In 2022 it manufactured 6.4 million tonnes of the world's output of 22.6 million tonnes of cheese in the same year.
'IndiGo abruptly cancelled our Kolkata-Purnea flight citing bad weather, despite clear conditions and another airline operating the same route, causing severe inconvenience.'
Algo trading should be segregated in a separate account with only risk capital deployed.
The rise of algorithmic and high-frequency trading brings efficiency but also demands robust risk controls, real-time monitoring and compliance safeguards, Securities and Exchange Board of India Chairman Tuhin Kanta Pandey told the Morningstar Investment Conference India 2025.
Diversified conglomerate ITC Ltd on Thursday reported a 2.6 per cent year-on-year rise in consolidated net profit to Rs 5,187 crore for the second quarter of the 2025-26 fiscal (FY'26) as compared to Rs 5,054 crore in the same period last year. However, the current quarter's figures exclude the hotels business, which was demerged into ITC Hotels Ltd effective from January 2025 and is no longer part of the company's continuing operations.
Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.
IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the Bank's net worth.
The Delhi high court on Thursday refused to entertain a public interest litigation seeking a stay on the release of the Bollywood movie The Taj Story, scheduled to hit the screens on Friday.
The RBI advisory follows a labour ministry request earlier this year seeking the central bank's expertise to identify gaps in EPFO's investment strategy and fund management practices, including accounting, risk management, and internal governance.
The incident occurred when both leaders attempted to board the van carrying Congress leader Rahul Gandhi and RJD leader Tejashwi Yadav, but were stopped by security guards.
One should avoid keeping excessive funds in one's savings account.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, with Deputy Governors Poonam Gupta, Swaminathan J, T Rabi Sankar, and M Rajeshwar Rao, responded to a range of queries in the post-policy interaction with the media
Chartered accountants' apex body ICAI may review the financial statements of IndusInd Bank, which is grappling with discrepancies in accounting to the tune of Rs 2,100 crore. The private sector lender, on March 10, disclosed about some discrepancies in its derivatives portfolio which could have an adverse impact of about 2.35 per cent of the bank's net worth as of December 2024 as per its internal review.
'The Pahalgam terror attacks and the conflict that followed were a big blow to local tourism.' 'And just when things were starting to go back to normal, the floods, caused by heavy rain, spoiled all chances of a bounce-back this season.'
India, led by Harmanpreet Kaur, are coming into the showpiece event on the back of a hard-fought ODI series loss to Australia, where opener Smriti Mandhana slammed two back-to-back centuries and the spinners, led by Deepti Sharma, giving a good account of themselves.
The number of companies with promoters whose demat accounts were frozen by the stock exchanges due to non-compliance increased over the past year. The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12.
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.
In her letter to the Sona BLW board, Rani Kapur said documents executed by her at a time of "mental and emotional vulnerability" were being misused.
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