HDFC Bank's board is actively discussing the appointment of its new managing director and chief executive officer (MD & CEO) as incumbent Sashidhar Jagdishan's three-year term concludes in October, with the Governance, Nomination and Remuneration Committee (GNRC) expected to finalise the process soon.
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.
The International Cricket Council (ICC) concluded its Annual Meetings, establishing a new Governance Review Committee headed by BCCI secretary Devajit Saikia.
The Indian education ministry has undergone a significant reshuffle of top officials, including the removal of higher education secretary Vineet Joshi, amidst widespread controversies surrounding NEET-UG paper leaks and CBSE digital evaluation glitches, with the opposition demanding the resignation of Minister Dharmendra Pradhan.
The top agenda of the meeting includes a review of Tata Trusts representation on the Tata Sons board.
Director H Vinoth has finally broken his silence on the controversies surrounding Jana Nayagan, addressing allegations of the film's leak and the Censor Board's role in its delayed release, while also defending actor-politician Vijay's decision to remain silent.
IndiGo Managing Director Rahul Bhatia has stated that the airline has 'taken all the necessary steps' to learn from the operational disruption faced in December last year, while outlining a long-term vision focused on customer trust, international expansion, and establishing India as a global aviation hub.
Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.
The Delhi high court on Monday granted three weeks to Congress leaders Sonia Gandhi, Rahul Gandhi and others to respond to a plea by the Enforcement Directorate challenging a trial court order that refused to take cognisance of its chargesheet against them in the National Herald-linked money laundering case.
The Supreme Court dismissed the Odisha government's plea to modify an order allowing the release of the animated film "Mahaprabhu Jagannath". The court emphasised that creativity, art, and culture should not be curtailed due to sensitivities regarding deity depictions, especially for children's animation.
The Canadian Open has voiced its disappointment over the withdrawals of Jannik Sinner and Novak Djokovic, highlighting a 'broader issue' of top players missing ATP 1000 events due to demanding schedules, prompting calls for adjustments to protect tournament integrity.
Priyadarshan on his casting for Haiwaan: 'I thought that if Akshaye Khanna refused, I would go to Suniel Shetty.'
Ranveer Singh's zombie survival thriller Pralay is set to elevate its horror quotient by engaging the world-class prosthetic makeup artists behind Danny Boyle's iconic 28 Days Later.
Southampton's Utilita Bowl will host a men's Ashes Test for the first time in 2025, as the England and Wales Cricket Board (ECB) announced the concurrent scheduling of the men's and women's Ashes series against Australia, mirroring the successful 2023 format.
Lachit Borphukan is revered as one of Assam's greatest military commanders and a symbol of courage, patriotism and selfless leadership.
Andy Flower has ruled himself out of contention for the vacant England Test head coach position, saying he is happy in franchise cricket and intends to remain in his current roles.
The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.
'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'
Shares of major private lenders, including HDFC Bank, Axis Bank, and Kotak Mahindra Bank, experienced a sharp selloff after their June-quarter results indicated persistent pressure on net interest margins (NIMs), despite healthy credit growth. This decline overshadowed gains in ICICI Bank and Punjab National Bank (PNB), which reported resilient or stronger-than-expected earnings.
Domestic air traffic in India experienced a nearly 12 per cent decline in June, falling to 1.35 crore passengers from 1.53 crore in May, with IndiGo increasing its market share to 66.3 per cent.
The recent Hockey Jharkhand elections have been embroiled in controversy following allegations of sexual harassment and intimidation made by former India women's captain Asunta Lakra against Hockey India secretary general Bhola Nath Singh. The Sports Ministry has directed the Indian Olympic Association (IOA) to form an inquiry panel to investigate these serious claims, while Bhola Nath Singh denies all allegations.
The International Cricket Council (ICC) has reaffirmed its commitment to the Development Pathway Programme for Afghan refugee women cricketers, setting an ambitious target for the team to compete in the governing body's qualification pathway by 2030.
HCL Technologies reported a significant 20 per cent year-on-year increase in its consolidated net profit for the June quarter of FY27, reaching Rs 4,624 crore, while maintaining its revenue growth guidance of 1-4 per cent for the fiscal year.
The Oval in London has been confirmed as the venue for the 2027 ICC World Test Championship Final, scheduled from June 9-13. This marks the second time The Oval will host the final, having previously done so in 2023. Nine teams are currently competing in the ongoing WTC cycle, with Australia leading the standings, followed by South Africa and New Zealand, as the race intensifies with crucial upcoming series.
Debutant Aman Indra Kumar simply has no screen presence or charisma, sighs Mayur Sanap.
Adarsh Baal Vidyalaya is as breezy and it is earnest, discovers Deepa Gahlot.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Sir Garfield Sobers, who passed into the ages on July 17, would have turned 90 today, July 28. Former Pakistan captain Intikhab Alam remembers a dear friend who he believes was 'undoubtedly the greatest cricketer the world has ever seen.'
It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.
The Supreme Court has agreed to examine Sebi's challenge to a Securities Appellate Tribunal (SAT) decision that cleared Wadia Group Chairman Nusli Wadia, Bombay Dyeing, and others of allegations of fraudulent financial reporting.
How did hundreds of errors slip through multiple stages of drafting, editing, proofreading, expert review and final approval before making their way into classrooms?
The CBSE has issued revised guidelines for its three-language policy, granting a one-time exemption to current Class 10 students from studying three languages. Class 9 students will still study three languages but can include two foreign languages and one Indian language, a significant shift from earlier mandates.
Senior PCB selector Aaqib Javed has revealed that Shan Masood's leadership and game management issues led to Babar Azam's reinstatement as Pakistan's Test captain. The PCB plans to give Babar a long-term run, backing him for two to three years to bring stability ahead of challenging tours to the West Indies and England.
State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.
