Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian, a veteran at the private sector lender, has stepped down with immediate effect. Manian, who had been with the lender for nearly three decades, was elevated in a management rejig in January.
In Tamil Nadu, the political landscape is shifting as the TVK party's attempt to form a government faces challenges from its potential allies. Both the DMK and AIADMK are experiencing internal divisions regarding extending support to the TVK, leading to uncertainty and speculation about potential realignments.
rediffGURU T S Khurana answers readers' personal income tax queries
Mahila court judge M Rajalakshmi, who convicted Gnanasekaran on May 28, awarded sentences in respect of each 11 charges proved by the prosecution against him. The sentences run concurrently, the judge added.
'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'
'He has to listen to his body and his mind and he decided to leave politics.'
Two whole-time directors KVS Manian and Shanti Ekambaram of Kotak Mahindra Bank are in the race for the post of managing director and CEO, the position vacated by Uday Kotak last week. Kotak stepped down as MD and CEO of the bank effective September 1, 2023, four months ahead of his term was to end. The RBI will soon decide on Kotak's replacement as the new MD and CEO of Kotak Mahindra Bank, as the new person has to take charge on or before January 1, 2024.
Ahead of the end of his term as the Kotak Mahindra Bank's chief executive and managing director, Uday Kotak has said he will be a "non-executive board governance member and a strategic shareholder" going ahead. In the private sector lender's annual report, the last such message from him as the MD and CEO before he relinquishes the position at the end of 2023, Kotak reminisced about the institution's journey, pointing out that Rs 10,000 invested in 1985 is worth over Rs 300 crore today. "Going forward, I see my role as a non-executive board governance member and a strategic shareholder with a long term perspective of nurturing a world class institution," Kotak said in the annual report.
Uday Kotak has resigned as the managing director and chief executive officer of Kotak Mahindra Bank, the bank said in a stock exchange filing on Saturday.
Reader Michael Manian sent us this picture from Mumbai.
AIADMK coordinator and deputy chief minister O Panneerselvam, who has also staked his claim for being the chief ministerial candidate of the party in the polls next year, for the second consecutive day held discussions with party leaders at his residence in Chennai.
Kotak Mahindra Bank aims to sell 100 kg of gold through its retail business before Diwali. \n\n
The actress took to Twitter to share the news with her fans and mediapersons.
Announcing his decision on Twitter, Rajinikanth said, "In the ensuing state assembly elections, with the tremendous support of the people, Tamil Nadu will have an honest, upright, transparent, corruption-free, secular spiritual political setup." "A marvel, miracle, it will happen," he wrote in Tamil. "We will change, we will change everything. If not now, then never."
We publish reader responses to a previous week's message board, asking whether social networking websites are only for youngsters.
CM Palaniswami condoled the deaths and announced cash relief to their families, besides jobs for their kin.
V K Sasikala, late J Jayalalithaa's confidante would return to Tamil Nadu on February 7 from Bengaluru and a grand welcome from party cadres awaited her right from the state's border, Amma Makkal Munnetra Kazhagam general secretary T T V Dinakaran said in Madurai on Wednesday.
Three or four accounts are enough for one family. Having more increases paperwork and can be misused as well.
Dalits had planned to embrace Islam after upper caste Hindus didn't allow them to perform rituals.
Pon Radhakrishnan also stated that Naxals, Maoists and Muslim extremists may have intruded into some of the media houses too.
Rajinikanth's visible electoral strength is his constant mouthing of the term, 'aanmiga arasiyal', or 'spiritual politics', without he having to explain what it is. By implication, it is all that what Dravidian politics is not about. It may imply anti-corruption, being against Periyar's forgotten anti-god, anti-Brahmin dictum, but also ends up covering 'Tamil pride', which begins with Tamil language where, as a Maratha from Karnataka, he has more to defend himself. However, in the contemporary national context, aanmiga arasiyal is seen as a front for Rajini to market his brand of 'soft Hindutva' but identified even more with the BJP and Prime Minister Narendra Modi, in political terms, says N Sathiya Moorthy.
'There will be significant political traction for him. But how much, we don't know yet'
Most industry players in Tirupur feel that though the idea of GST is good, the problems are largely due to its poor implementation. Refund delays, withdrawal of incentive schemes make Made-in-Tirupur products costlier by 10-15 per cent, say entrepreneurs.
Jifi is a zero-interest current account with no minimum balance conditions, and can be opened with an initial payment of Rs 5,000.
Overseas education consultant NNS Chandra offers advice on how to pick the right course and college.
A look at the top tweets from favourite Bollywood celebrities.
Former Union Minister and the Congress candidate for the Mayiladuthurai Lok Sabha seat, Mani Shankar Aiyar strongly believes that the good work done by him as an MP for the constituency over the past two decades will fetch him a comfortable victory in the upcoming polls.
Modi assured to extend all required assistance to the state to face the situation, the Chief Minister's office said.
The Met department forecast heavy to very heavy showers in north coastal Tamil Nadu till Saturday.
The AIADMK supremo retained 13 of her ministers, who were in the previous cabinet, besides inducting 17 new faces including four women.
Will the perceived Narendra Modi wave help the National Democratic Alliance re-enact the 1998 spectacular success in Tamil Nadu when it bagged 30 seats in alliance with the All India Anna Dravida Munnetra Kazhagam, is the million dollar question on the minds of the Bharatiya Janata Party workers as the party heads into the April 24 Lok Sabha polls armed with a rainbow combine excluding the two Dravidian majors.
Through the book 'Make in India' authors Ranjini Manian and Joanne Grady Husky bring you the wisdom of twelve CEOS who walked the trail before them.
With Tamil Nadu's electoral fate decided, all eyes would now veer round to the pending 'disproportionate assets case' against Jayalalithaa in the Supreme Court, and Stalin's own future within the DMK, says N Sathiya Moorthy.
