Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
Formula One is considering holding closed races without spectators, most likely at European circuits, once the season is able to start after being stalled by the new coronavirus pandemic. Formula One has brought forward and extended its August break from March through to May to clear the European summer for a rescheduled calendar that could see races on successive weekends and into the New Year.
'The first year of the Modi government's second term has laid the roadmap for the future and we will embark on it with gusto,' promises Gopal Krishna Agrawal, the BJP's national spokesperson on economic affairs.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
A Ghanaian professional footballer who plays for a Kerala-based club has been stuck for the last 54 days at Mumbai International Airport due to lockdown and unavailability of flights back home. Juan Muller, 23, has been stuck at the departure area of Mumbai's Chhatrapati Shivaji Maharaj International Airport. He spends his time at the airport's fancy artificial gardens and somehow buys food from stalls and passes his time with the airport staff.
Darren Cahill is currently coaching Simona Halep on the telephone or via video link and has asked her to adopt the mindset of an Olympic athlete during an enforced layoff that could extend to the end of the year.
Mary Kom (51kg) claimed her eighth world medal at the recently-concluded championships in Russia. She was selected for the event ahead of Zareen, who was refused a trial by the Boxing Federation of India (BFI), which decided to go by Mary Kom's consistent performances while making the choice.
'The government has realised that the finances of the government are in a precarious state.' 'We are borrowing to fund the ever-burgeoning revenue deficit.' 'Then you are paying interest on the fresh borrowing.' 'For the first time, the government has realised that this cannot go on.'
Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible oil plants as also soyabean oil brands such as Mahakosh and Ruchi Gold.
'I think there's a bit of safeguarding towards the potential of India not coming (on a tour in December/January) which is worth something like 250 to 300 million dollars'
The Central Bureau of Investigation on Thursday night arrested a Mumbai-based chartered accountant and two government officials for allegedly selling confidential documents related to foreign investment policy to corporate groups after it carried out searches in offices of Finance and Commerce Ministries in New Delhi and in Mumbai.
After dating for six years, Deepika Padukone and Ranveer Singh are all set to tie the know in Italy over a two-day function.
Asked if Ganguly would be cornered at the meeting, he laughed and cited an example.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
The Badminton Association of India is optimistic about China's participation in next month's India Open despite fears surrounding the deadly coronavirus as Chinese shuttlers are in quarantine for almost a fortnight in Europe.
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.
In his address to RIC Foreign Ministers, Wang said the three countries should 'correctly handle and properly deal with sensitive factors in bilateral relations and safeguard the overall interests of mutual relation', without directly referring to the current round of India-China military tensions along the Line of Actual Control, (LAC).
'What can I do for my India except make films that showcase it's greatness to the world, which touch on national issues and arouse the feeling of patriotism?'
'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.
We bring you an exclusive excerpt from Neeta Shah's debut novel -- Bollywood Striptease.
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
After a year of industrial unrest, the big boys of the automobile industry in the Gurgaon-Manesar belt are set to initiate negotiations to settle wage agreements.
'The finance minister has told the BJP's core voters we are hearing you and we are sensitive to your aspirations.'
Dalhousie square has close to 55 historic landmarks.
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
Neither Union agriculture minister nor junior ministers were present to hear our concerns. We asked why the minister is not meeting us, why the government is playing double standards by calling us here and ministers holding virtual meetings in Punjab. There was no proper response," Darshan Pal, member of the coordination committee of 29 farmers' organisations, said after the meeting.
'It is especially discouraging for young people in the development sector. I've noticed that many of them are actively considering other career options to escape this atmosphere.' Geetanjali Krishna reports.
The big four global accountancy firms -- PricewaterhouseCoopers, KPMG, Ernst & Young and Deloitte -- are circumventing laws to provide auditing services in the country, says a report of an Institute of Chartered Accountants of India's committee.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
'This is not only a fight against corruption and black money, this is also a fight against terrorism and counterfeit currencies.'
For your wealth to grow and take care of you, use the right strategy.
Baig, the MLA from Shivajinagar, was suspended from the Congress for his alleged anti-party activities as he had rebelled against the party leaders.
IOC 'suspends discussions' with India for hosting global events
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
A plane carrying 72 people, including football players from Brazil, has reportedly crashed in Colombia. Authorities are responding to an emergency after an airplane with 72 people on board has crashed on its way to Medellin's international airport.
In an online chat with readers, Vidhu Shekhar, Country Head - India, CFA Institute shared crucial advice to crack the competitive exam.
As the economy surges ahead, these financial watchdogs will be increasingly in demand.
Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.
The decision to seek tie-up details from CA firms, especially those associated with the Big 4 -- PWC, Ernst & Young, KPMG and Deloitte -- follows a report by an Institute of Chartered Accountants of India committee on the multi-crore Satyam scam.
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