The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).
Delhi Police have filed a chargesheet in the Janakpuri pit death case, naming three accused and detailing alleged lapses in the execution of a construction project that led to the death of a man who fell into an uncovered pit.
'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'
Apple CEO Tim Cook's strategic pivot, from initial rejections to local partnerships and leveraging government policies like PLI, transformed India into a major iPhone manufacturing and export hub, now accounting for one in every four iPhones assembled globally.
Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.
Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.
'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.'
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
A new exhibition highlighting the significant impact of the South Asian community on cricket in Britain has opened at the Marylebone Cricket Club (MCC) Museum at Lord's Cricket Ground in London.
The DP World Professional Golf Tour of India has appointed Rachana Bahadur, Senior Vice President and Country Head " India at Synchrony Financial, as an advisor to the organisation.
Tata Trusts announced that the trustees of the Bai Hirabai Trust will initiate proceedings to alter restrictive clauses in its trust deed, specifically those prohibiting non-Zoroastrians from serving as trustees. This decision follows a challenge by former trustee Mehli Mistry regarding the appointments of Venu Srinivasan and Vijay Singh, who allegedly did not meet the original Parsi Zoroastrian faith and residency criteria.
ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.
Punjab Kings, led by Shreyas Iyer, are determined to win their first IPL title after a convincing victory over Sunrisers Hyderabad, chasing down a 220-run target with ease.
Mumbai Indians captain Hardik Pandya admits the team needs to reassess its strategy after a heavy defeat to Punjab Kings in the IPL.
Aditya Puri is one of the cleanest examples we have, in Indian corporate history, of a leader who understood early that the measure of his work was not what happened while he was in the chair. It was what would keep happening when he was no longer there, says Suresh M K.
The world volleyball body FIVB has revoked the Volleyball Federation of India's recognition due to breaches of legal and administrative requirements, following complaints from players about poor facilities and selection politics.
The world volleyball body FIVB has revoked the Volleyball Federation of India's recognition with immediate effect for breach of legal and administrative requirements.
'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'
Adelaide Oval is exploring the possibility of hosting a regular-season Indian Premier League match as early as March next year.
Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.
Hockey India President Dilip Tirkey on Thursday confirmed the appointment of Indian former field hockey player Sardar Singh and Rani Rampal as the chief coach
HDFC Bank, India's largest private-sector lender, has revised its FY27 growth trajectory, stepping back from earlier guidance to align with a more measured 12 per cent year-on-year expansion, citing geopolitical uncertainties.
Vaibhav Sooryavanshi's explosive century went in vain as Ishan Kishan and Abhishek Sharma smashed half-tons as Sunrisers Hyderabad beat Rajasthan Royals by 5 wickets.
Mumbai Indians face a crucial IPL match against Punjab Kings, with concerns over Rohit Sharma's fitness and the team's overall performance.
'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.
'Nepal today is far more aware, self-confident, aspirational, and assertive.' 'India's policy so far has not been geared to this shift. It is time to redraw our Nepal strategy.'
There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.
The United States has clarified that its naval blockade in West Asia targets Iranian ports and coastline, not the Strait of Hormuz, applying to all ships regardless of nationality. US officials warned Iran against threatening commercial ships and hinted at ceasefire negotiations as an alternative.
Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.
'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'
Ankita Raina's defeat to Dayeon Back resulted in India's elimination from the Billie Jean King Cup Play-offs race. Despite a spirited effort from Raina, India could not secure the crucial win needed to advance.
The International Cricket Council (ICC) has cancelled its Board and committee meetings due to the ongoing military conflict in West Asia, according to a report by ESPNcricinfo on Tuesday.
Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.
Karex, the Malaysian company that makes roughly one in five of the world's condoms -- about five billion a year, supplying Durex and Trojan among others -- announced this week that it is raising prices by up to 30 percent. The reason is the Strait of Hormuz.
Uncertainty stemming from the US-Iran conflict has significantly impacted India's mutual fund industry, leading to a sharp decline in new fund offers (NFOs) in March, despite numerous regulatory approvals. This geopolitical tension, coupled with existing market strain and distributor hesitation, has dampened investor sentiment and affected overall inflows.
Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.
UP Prometheans will replace Chennai Lions in the Ultimate Table Tennis (UTT) league. Season 7 will be held in Goa in July and will feature seven teams competing in a single round-robin format.
Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.
Former England opener Geoffrey Boycott has criticised the England and Wales Cricket Board (ECB) for retaining head coach Brendon McCullum and managing director Rob Key following England's Ashes defeat, questioning the lack of accountability.
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