US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is. The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the December 31, 2020 'longstop' or expiration date of a definitive agreement the organisations entered into in October 2019, Ford Motor Company said in a statement.
All these companies were provided loans by PNB as part of consortium lending.
Deep Kamra, the country manager of Dangote Cement -- owned by Nigeria's Dangote Industries Limited -- was attacked on Wednesday in the restive Oromiya region.
HR guru Mayank Rautela has some suggestions.
The quality of Indian tea had lately come under scrutiny in major export markets, due to the presence of pesticides and chemicals beyond permissible limits.
'Salman has supported me, but at the same time, let me have my own journey.'
The Motera stadium in Ahmedabad dominated the headlines as it is set to become the world's largest cricket stadium.
'It seems to be a hasty step ahead of the election.'
Reduce the government stake in public sector banks to 33 per cent, recommends A K Bhattacharya
In addition, he will have to move swiftly to control any damage that may have been caused to the bank's image and investor confidence due to the loan controversy
The Mumbai Bench of the National Company Law Tribunal (NCLT) on Monday approved Piramal Group's resolution plan for the beleaguered Dewan Housing Finance Ltd (DHFL), which has been reeling from the insolvency process since 2019. The plan put forward by Piramal Group, which has offered to pay Rs 37,250 crore, has been approved by the committee of creditors (CoC), the Reserve Bank of India (RBI), and the Competition Commission of India (CCI).
England Test captain Joe Root is keen to play international cricket this summer but not by compromising on quality of the game or its intensity, the 29-year-old has said. With professional cricket suspended because of the coronavirus pandemic, the England and Wales Cricket Board (ECB) is considering playing the series against West Indies and Pakistan behind closed doors.
'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
What is the magic in the make-up of 007 that keeps us coming back again and again?asks Sandeep Goyal.
The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.
Czech automaker Skoda on Thursday globally unveiled its all new SUV Kushaq which would take on the likes of Hyundai Creta and Kia Seltos in the fastest growing mid-sized SUV segment in the domestic market. The model is the first production car as part of the company's India 2.0 project. Under the lead responsibility of Skoda Auto, Volkswagen Group is investing 1 billion euros in its model campaign in the Indian subcontinent to strengthen its presence.
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
Raghuram Rajan's 'surgery' uncovers more bad loans
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
Eruditus runs on a partnership model with top global universities such as MIT, Columbia, Harvard, Cambridge, INSEAD, Wharton, and UC Berkeley, offering courses in coding, data science, fintech, block chain, and entrepreneurship.
The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.
For the near term, Gill will have to improve relations with the Reserve Bank of India, which have been strained in recent times. He will also need to strengthen the bank's asset quality and improve governance standards and internal processes.
'One out of three phones sold in India is a Xiaomi phone.'
Celebs follow a template for their special day -- an intimate ceremony with few people and a keen eye for a touch of luxury in every aspect.
The bank has one of the highest current account savings account share, stable credit quality, robust credit growth, adequate capital and low cost-to-income ratio, said PNB chief Sunil Mehta.
This is the first mission by the Indian Speace Research Organisation this year.
'But we are much better than what we all had expected and planned, and what all the prophets of doom had predicted.'
The role of Rhea's brother Showik and his purported links with the people nabbed by the NCB are under the scanner of the agency and he and Rajput's manager Samuel Miranda are expected to be summoned for questioning soon, the officials said.
A staff nurse from a Bihar hospital begs the prime minister for her life as the state's medical staff continues to treat suspected COVID-19 patients without protective safety kits.
Companies like Amazon Prime Video are also temporarily lowering bit rates -- a measure of how much data is being transferred -- to ease pressure on telecom network infrastructure.
'The market was expecting the Budget to do more, given the domestic economic slowdown and global uncertainty. Over the next few days, the market is expected to absorb the volatility.'
About 67 per cent of Indian organisations whose data was encrypted paid a ransom to get back their data-a slight increase on the previous year when 66 per cent paid a ransom. In fact, Indian entities were the most likely to pay a ransom of all countries surveyed: the global average was just under a third (32 per cent). These were the findings of the global survey 'The State of Ransomware 2021' conducted by cybersecurity firm Sophos. The survey findings further stated that the total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021 globally.
Prime Minister Jacinda Ardern on Thursday announced that New Zealand will temporarily suspend the entry for all travellers, including its citizens, from India for about two weeks from April 11 due to a surge in COVID-19 cases among visitors to this country.
An ESPNCricinfo report earlier stated that the Boxing Day Test will start from the traditional date of December 26 in Melbourne, following the pink-ball game at the Adelaide Oval from December 17.
Reports suggest state-owned banks have lapped up Rs 40,000 crore, so far, using both bonds and equity instruments. The question, though, is whether there will be a perceptional change for PSB stocks.
The IIT-Bombay features on number 53 the top 100 for engineering while IIM-Bangalore finds a spot in the 101-150 category.
10 malls expected to go off business this year
The S&P BSE Small-cap index has recovered 26 per cent as compared to a 23 per cent rise in the S&P BSE Sensex.