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.
>The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd).
Congress MP Shashi Tharoor on Saturday (local time) highlighted how India responded in a measured and calibrated manner towards terror bases and headquarters in Pakistan, following the dastardly Pahalgam terror attack in which 26 people were killed.
Congress leader Rahul Gandhi visited Poonch in Jammu and Kashmir, offering condolences to families affected by cross-border shelling and encouraging students who lost two classmates to the violence. During an hour-long visit, Gandhi met with students at the convent school that lost the twins, and visited families whose homes were damaged in the shelling.
Olympic softballers hunt roaming bear, no luck finding it so far
The father of Murali Naik, a soldier from Andhra Pradesh who died during cross-border shelling in Jammu and Kashmir's Poonch, said his son joined the Army despite his opposition as he wanted to serve the nation. Naik, a 23-year-old Agniveer, died in the line of duty on Friday. He was the primary breadwinner for his family, which has been living in Mumbai for the past 32 years. Naik's death has been mourned by politicians and officials, including Andhra Pradesh Chief Minister N Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis.
Main imports from the neighbouring country during April-January 2024-25 included fruits and nuts (USD 0.08 million), certain oil seeds and medicinal plants (USD 0.26 million), and organic chemicals.
Stand-up comedian Kunal Kamra has written an open letter to BookMyShow requesting the online ticketing platform to either not delist him or to hand over the contact information of audience members he has earned through his solo shows over the years. The letter comes days after Shiv Sena claimed BookMyShow had taken Kamra off the sale and artists list from its platform amid ongoing controversy around his 'traitor' jibe against Maharashtra Deputy Chief Minister Eknath Shinde.
The couple met during morning walks, and the relationship grew over time.
Lakshyaraj Singh Mewar, a member of the Mewar royal family, was enthroned as the new head of the dynasty in a ceremony steeped in tradition at the Udaipur City Palace. The event was marked by a ceremonial yagya and the presence of distinguished guests, but also shadowed by a bitter dispute over succession with his cousin Vishvaraj Singh Mewar, who was declared the 77th Maharana of Mewar in a parallel coronation in November 2024. The ongoing feud highlights the long-standing conflicts over the legacy of the Mewar dynasty.
The Polar Bear Hotel, part of the Harbin Polarland theme park in Heilongjiang's capital and largest city, Harbin, opened its doors on Friday with the promise of round-the-clock polar bear viewing from all 21 guest rooms.
Usman Khawaja told a press conference on Friday that he had been managing a hamstring strain and had logged the injury in an app used by Australia's professional cricketers.
Laxman Sadhu Shinde's body was found in Bihar's Jehanabad district on Tuesday. He had landed at the Patna airport on April 11.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'
Be it as a source of fire, secret or endgame, everything is seen through the prism of sex and good looks in The Royals, observes Sukanya Verma.
Das served as the head priest since he was 20 years old, including during the demolition of the Babri Masjid on December 6, 1992.
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
The BCCI sends the offenders and their teams an invoice describing the amount to be paid at the end of the season. It is then up to the team to decide whether they pay the fine or the player who it has been applied to bears the burden.
'It brings precarious peace because the red lines have shifted. 'The next Pahalgam attack would mean a full scale war.'
Loot Kaand tries to concoct a crime drama that arouses some curiosity but is instantly forgettable, observes Deepa Gahlot.
India's largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Tata Consultancy Services (TCS) - whose earnings marked the official start of IT results season - reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period.
During his visit, Sheeran joined forces with Rajasthan Royals players Riyan Parag and Tushar Deshpande for an impromptu cricket match with young cricketers.
Police said they have made five arrests in the incident. Those arrested have been identified as Prabhjit Singh, the main accused, Kulbir Singh, Sahib Singh, Gurjant Singh and Ninder Kaur, they said.
The team has won 10 out of their 24 matches while losing 14.
The young left-arm pacer held his nerve in a tense finish to bowl RCB to a narrow two-run victory in a high-scoring game.
