"I would like to resign as an independent director of the bank with effect from January 27, 2020. Given an entity owned and controlled by me has made an application to the RBI for a universal banking license, I felt it was -- in the interest of propriety and corporate governance -- only appropriate that I stepped down from this role," Bansal said in his resignation letter, which was disclosed by Ujjivan SFB in the regulatory filing.
Yoga guru Ramdev on Friday gave an undertaking in the Delhi High Court for neither issuing any disparaging statement nor publishing on social media, posts similar to his "sharbat jihad" remark against Hamdard's Rooh Afza.
The Enforcement Directorate (ED) raided the premises of former Chhattisgarh Chief Minister Bhupesh Baghel in Bhilai town as part of a money laundering investigation against his son, Chaitanya Baghel, in the alleged liquor scam case. Baghel alleged that the raids were aimed at discouraging him after he was made Congress's in-charge for Punjab and that the BJP is frustrated because he was discharged of all charges by the special CBI court in Raipur in connection with an alleged 7-year-old (sex) CD case.
A Dalit groom's wedding procession was held under heavy police protection in Rajasthan's Ajmer district after the bride's family expressed concerns about potential opposition from upper castes. Around 200 police personnel ensured the safety of the traditional 'Bindoli' ceremony, where the groom Vijay Regar rode a mare to his bride Aruna Khorwal's village. The bride's family had approached the authorities after anticipating possible resistance from locals. The police presence prevented any incidents and ensured the wedding procession took place peacefully.
Idiopathic Pulmonary Fibrosis, the condition that led to the death of tabla maestro Zakir Hussain, is an extremely debilitating disease -- a virtual death sentence.
Aligarh BJP MP Satish Gautam has sparked a controversy over the celebration of Holi at Aligarh Muslim University, declaring that "no one can stop anyone from celebrating Holi inside the AMU campus". The controversy erupted after members of right wing Hindu groups accused the AMU administration of denying permission to the Hindu students to organise a 'Holi Milan' function on campus. Gautam has extended his support to Hindu students, saying, "If any Hindu student faces any problem in celebrating Holi inside the campus, then I am there to help him."
The airline plans to scale up its operations at NMIA significantly, from 36 air traffic movements (ATMs) daily on the opening day to 79 daily departures (158 ATMs), including 14 international departures by November this year.
Lieutenant Vinay Narwal, an Indian Navy officer, was shot dead by terrorists while on holiday with his wife in Pahalgam, Jammu and Kashmir. The attack took place just days after his wedding and the Navy confirmed his death in a statement. At least 26 people, mostly tourists, were killed in the attack on Tuesday.
The two parties did not share the deal size but said MavenHive's two founders and 40-odd team members have joined the Bansal-owned firm. MavenHive was started by Bhavin Javia and Anandha Krishnan in 2012.
The Navi lending app, launched in May, provides instant loans of up to Rs 5 lakh, with repayment tenures of up to 36 months.
The Delhi High Court has postponed the hearing of former Union Minister MJ Akbar's appeal challenging the acquittal of journalist Priya Ramani in a criminal defamation case over her accusations of sexual harassment against him. The hearing has been adjourned to September 19 after Ramani's counsel sought an adjournment due to the unavailability of the senior lawyer arguing the case. Akbar had challenged the trial court's February 2021 order acquitting Ramani, arguing that the court erred in considering the case as a complaint for sexual harassment rather than defamation. The trial court had dismissed Akbar's defamation complaint and acquitted Ramani, saying no charges were proved against her.
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
The deal brings the two start-up stalwarts - Bansal and Ola co-founder and chief executive officer Bhavish Aggarwal - together in the backdrop of growing foreign control in this space.
People who have worked with Mukesh Bansal describe him as approachable and extremely polite but someone who likes to maintain a strict work schedule.
The Enforcement Directorate on Monday raided the premises of former Chhattisgarh chief minister and senior Congress leader Bhupesh Baghel as part of a money laundering investigation against his son in the alleged liquor scam case and seized about Rs 30 lakh apart from some documents, official sources said.
The Delhi High Court expressed shock and termed as "indefensible" Yoga guru Ramdev's purported remark of "sharbat jihad" on Hamdard's Rooh Afza. The court was hearing a plea by Hamdard National Foundation India against Ramdev's Patanjali Foods Ltd. Ramdev's counsel was unavailable, and the court will take up the matter again later.
Amid demands for allowing Holi celebration on the Aligarh Muslim University (AMU) campus, its administration has decided that students can do so "freely" at the Non-Resident Students Centre Hall. The decision came after a controversy erupted when members of a right-wing group accused the university administration of denying permission to Hindu students to organize a 'Holi Milan' function on campus. However, the university administration clarified that the decision to allow Holi celebrations at the NRSC Hall was taken because of an AMU board examination scheduled for March 9. The administration further stated that March 10, 11, and 12 are working days and there will be classes, while March 13 and 14 are holidays, making them suitable for celebrations.
Earlier in the day, an IndiGo A320 passenger aircraft landed successfully at 1.32 pm at runway 08/26 of the under-construction Navi Mumbai International Airport, paving the way for the Navi Mumbai International Airport Ltd (NMIAL) to seek an aerodrome licence from the aviation safety regulator Directorate General of Civil Aviation (DGCA) to start commercial flight services.
The Delhi High Court has ordered Yoga guru Ramdev to remove within 24 hours an offensive video targeting Hamdard, manufacturers of Rooh Afza, from social media platforms. The court previously ordered him not to issue any statement or share videos in future similar to those before it and relating to products of competitors including Hamdard. Ramdev was accused of contempt in a row over his controversial "sharbat jihad" remarks against the drink.
Rahul Mukhi (60th minute) and Kartik Hantal (64th) struck in the second half as Odisha bounced back from their previous match defeat against Delhi.
The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
The Vikram-I rocket will fly with its maximum carrying capacity and put the satellites in a Low Earth Orbit.
As per the award, Infosys is required to pay Bansal the outstanding severance amount of Rs 12.17 crore, with interest
Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.
Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Traxcn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed.
Former Railway Minister Pawan Kumar Bansal and four-time MP on Tuesday filed his nomination papers for the Chandigarh Lok Sabha seat, polling for which will be held on April 10.
Rani Mukerji attends the North Bombay Sarbojanin Durga Puja Samiti's Kali Puja with her family and friends.
Acting on the man's bail plea, the court observed the case fell in the same genre in which the man and the woman developed "sexual proximity" in the same workplace, but after about a year, the relationship turned sour paving way for allegations of "force and rape".
The Enforcement Directorate (ED) has filed a chargesheet in the Associated Journals Limited-Young Indian-National Herald money-laundering case, seeking confiscation of assets worth Rs 661 crore and appending statements of Congress leaders Sonia Gandhi and Rahul Gandhi. The agency has accused the Gandhis of orchestrating a conspiracy to illegally obtain the underlying assets of AJL by the beneficial owners of YI (Sonia Gandhi and Rahul Gandhi). Both Sonia Gandhi and Rahul Gandhi have denied any wrongdoing and said the takeover of Associated Journals Limited (AJL) by Young Indian (YI) was not for commercial purposes. The Congress has slammed the chargesheet, alleging that the ED action against its leaders shows panic and moral bankruptcy of the "despotic" government, while the BJP has continued to call out the role of the Gandhi family in the matter.
He said he will be 'cheering from the outside' and urged Flipkart team to continue with the momentum.
'After 1980, our last and eighth gold medal in the Olympics, the game changed drastically when astro-turf was introduced.'
The entire construction of the Navi Mumbai airport project is expected to be completed in five phases.
This September, Sachin Bansal picked 94 per cent stake in microfinance company Chaitanya Rural Intermediation Development Services. His immediate plan is to scale up the company's operations as quickly as possible without making much investment in physical infrastructure and by leveraging technology.
Where Binny slipped up badly was in gauging the level of transparency and governance that is expected by a global strategic investor, says Indrajit Gupta.
A Mumbai court has dismissed Tanushree Dutta's "MeToo" allegations against veteran actor Nana Patekar, citing the complaint was filed beyond the statute of limitations. The court observed that Dutta filed an FIR in 2018 for an incident that allegedly occurred in 2008, exceeding the three-year limitation period for the offenses under consideration. The court also noted that no application for condonation of the delay was filed to explain the reasons for the late filing.
Hundreds of people who had gathered for the protest were booked for allegedly violating the model code of conduct and prohibitory orders in Muzaffarnagar district that has been enforced in view of the by-elections in Meerapur assembly constituency.
Faced with a dilemma over handing tickets to leaders facing allegations of corruption, Congress on Wednesday gave indications that while former Railway Minister Pawan Kumar Bansal could be re-nominated from Chandigarh, Pune MP Suresh Kalmadi may not be fielded in the upcoming polls.
It is the first airport in the country to have multi-modal connectivity. This includes a linkage to the project via road, rail, and a metro system.
Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit.
Bansal's wife and daughter had hanged themselves in the same apartment while he was in jail.
