The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.
The Travancore Devaswom Board (TDB), managing the Sabarimala temple, argued in the Supreme Court that religious beliefs should be judged subjectively by the community, as the court hears petitions related to discrimination against women at religious places.
Infosys' board has approved annual performance-based stock grants worth Rs 51.75 crore for Chief Executive Officer and Managing Director Salil Parekh, aligning with his tenure ending in March 2027.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
Rajasthan Royals' team manager Romi Bhinder has been issued a show-cause notice by the Board of Control for Cricket in India after television cameras caught him using a mobile phone in the team's dugout.
The Bangladesh Cricket Board (BCB) has been dissolved and replaced with an ad-hoc committee following internal disputes and government intervention. Former captain Tamim Iqbal will lead the committee, tasked with holding elections within 90 days.
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.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
India's foreign trap coach Peter Wilson explains Zoravar Singh Sandhu's absence from the ISSF Shotgun World Cup, citing workload management. The team aims to avoid burnout ahead of the 2028 Olympics qualification.
The BCCI has issued a stern advisory to IPL franchises following concerns about security breaches, unauthorised guests, and players' interactions with social media influencers. Franchises are now working to comply with the new regulations while respecting individual privacy.
The Congress party in Kerala has expressed a lack of faith in the Special Investigation Team (SIT) probing the alleged misappropriation of gold from the Sabarimala Sree Ayyappa Temple, stating that a thorough investigation will be conducted if the UDF comes to power.
The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.
Former India spinner Sairaj Bahutule is likely to join Team India as spin bowling coach after senior management recommended his appointment to the BCCI.
The BCCI is set to tighten off-field protocols for IPL 2026 due to concerns over unauthorised access to team environments.
Air India has deferred annual salary increments for its staff by at least one quarter and urged a "relentless focus on costs" due to external headwinds like the closure of Pakistan airspace, West Asia conflict, rupee depreciation, and a significant surge in aviation turbine fuel prices, though the airline has assured there will be no layoffs.
Lucknow Super Giants (LSG) skipper Rishabh Pant lamented poor fielding as a key factor in their five-wicket loss to Chennai Super Kings (CSK) in a recent Indian Premier League (IPL) match. Despite a strong batting performance, dropped catches and Urvil Patel's explosive innings led to CSK's victory, effectively ending LSG's playoff hopes.
The Board of Control for Cricket in India (BCCI) is introducing new access control rules for players during the Indian Premier League (IPL) to strengthen discipline and ensure stricter compliance with tournament protocols.
The Karnataka State Cricket Association (KSCA) has expressed its disappointment after the BCCI shifted the IPL 2026 final from Bengaluru to Ahmedabad, despite Bengaluru being the defending champions' home ground. The BCCI cited unspecified requirements from local authorities as the reason for the change.
Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.
History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.
Delhi is implementing heightened security and traffic restrictions for the five-day AI Impact Summit, deploying over 10,000 police personnel and issuing traffic advisories to minimize disruption to commuters and students.
An IndiGo flight bound for Raipur aborted its take-off at Lucknow airport after monkeys were spotted on the runway. The pilots aborted the take-off, and the flight later departed after refuelling.
Discover the top 5-star rated 2-tonne inverter air conditioners designed for lower electricity demand and efficient cooling in rooms sized 250-350 sq ft, even in intense heat conditions.
The principal of a private school in Gurugram has been arrested for allegedly defrauding students by falsely claiming CBSE accreditation up to Class 10. This follows the earlier arrest of the school's chairman in the same case.
The principal of a private school in Gurugram has been arrested for allegedly defrauding students by falsely claiming CBSE accreditation up to Class 10. This follows the earlier arrest of the school's chairman in the same case.
Sports event organiser Satadru Dutta alleges that political interference, security failures, and administrative lapses led to the chaotic Lionel Messi event at Salt Lake stadium in Kolkata last December, claiming he was made a scapegoat.
India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.
Paytm (One 97 Communications Ltd) has stated that the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company. The fintech firm clarified it has no material business arrangements or exposure with the banking entity, which operates independently.
The 2026 Asian Senior Weightlifting Championships, featuring athletes from 30 countries, will be held in Gandhinagar from May 11 to 17. The event serves as a qualifier for the 2026 Commonwealth Games.
India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.
Lucknow Super Giants' global director of cricket, Tom Moody, attributes the team's IPL exit to inconsistent batting performances, particularly in the middle order. Jamie Overton of CSK credits his success to simple execution and praises the team environment.
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.
Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.
US-Indian space company Pixxel has partnered with Bengaluru-based artificial intelligence firm Sarvam to build an orbital data centre satellite.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
The BJP must respect Bengal's pluralistic ethos and with this historic mandate give the state the constructive change it truly deserves, expects Kolkata native Payal Singh Mohanka.
Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.
Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.
'We are staying away from making forward-looking statements on when we will reach 1 trillion, etc. But growth will be rapid; it's only a matter of time.'
The first direct Vande Bharat Express service between Jammu and Srinagar has commenced commercial operations, significantly reducing travel time between the two cities and enhancing rail connectivity in the region.
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