In a filing to stock exchanges, BoI said Reserve Bank of India has placed it under Prompt Corrective Action Framework, consequent to the onsite inspection under the risk based supervision model carried out for the year ended March 2017.
Maharashtra legislative council deputy chairperson Neelam Gorhe has demanded stringent action against employees of Tata Consultancy Services (TCS) in Nashik following allegations of sexual harassment and forced religious conversion by female employees.
Karnataka's Home Minister announces stringent measures to curb the supply of contraband, including ganja and mobile phones, in prisons across the state, including the implementation of AI-powered surveillance systems.
Lucknow University has formed a disciplinary committee to investigate assistant professor Paramjeet Singh following allegations of misconduct, including inappropriate conversations with a student and leaking examination papers.
Adani Group has agreed to pay USD 275 million to settle allegations of violating US sanctions on Iran. The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) acknowledged the Indian conglomerate's extensive cooperation and proactive disclosures during the investigation.
Tata Sons chairman N Chandrasekaran has announced an investigation into allegations of sexual harassment and forced religious conversion at TCS's Nashik branch, calling the claims 'gravely concerning'.
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
Tata Sons chairman N Chandrasekaran has addressed the sexual harassment allegations at TCS Nashik, calling them 'gravely concerning' and announcing a thorough investigation led by a senior executive. The investigation follows complaints from eight female employees alleging sexual harassment and forced religious conversion.
Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.
The Lok Sabha was informed that over 1 crore public grievances were received in the last five years through the Centralised Public Grievance Redress and Monitoring System (CPGRAMS). The government has taken several measures to improve the accountability and efficiency of the grievance redressal mechanism.
A notice submitted by opposition MPs to remove the Lok Sabha speaker from office is under scrutiny due to identified flaws. The Lok Sabha secretariat has been directed to amend the notice to prevent its rejection.
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.
India's handling of the Iran crisis reflects a growing strain between strategic autonomy and geopolitical alignment, observes Ambassador M K Bhadrakumar.
The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.
'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.
Hours after a local passenger train collided with a goods train near Bilaspur station in Chhattisgarh claiming six lives, the Railway Board on Tuesday said the accident took place as the passenger train seems to have overshot a red signal.
'Once the actual scope is understood, it becomes evident that the framework is about internal redress and course correction, and in no way criminalisation.'
The House has been witnessing uproar after Rahul Gandhi was disallowed to cite an article based on excerpts from an unpublished 'memoir' of former Army chief General M M Naravane (retd).
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
They are venturing into allied businesses, which range from starting talent management agencies to music labels to tap into every possible monetisable opportunity to appeal to investors.
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
Saurabh and Gaurav Luthra, the owners of the Goa nightclub wanted in connection with the fire tragedy that claimed 25 lives at the facility, have fled to Thailand, prompting police to seek the help of Interpol to trace them, officials said in Panaji on Monday.
'In this age of competition, we will not survive long if we do not provide quality service to our consumers'
As Jena was not available at his house and possible locations in the city and remained incommunicado, the police formed a special squad and launched a manhunt for the fugitive BJD leader.
A group of prominent personalities, including Premji, Keshub Mahindra and HDFC's Deepak Parekh, had in a letter to the national leaders earlier this month had expressed concerns over a series of scams leading to 'governance deficit', but had said that national challenges like fighting corruption cannot be solved by urban protests and posturing.
A controversy has erupted after an NCERT Class 8 textbook depicted present-day Rajasthan as part of the Maratha Empire, drawing criticism from royal families and political leaders who call the depiction factually incorrect and misleading.
Maharashtra Minister Sanjay Shirsat received an Income Tax notice regarding an increase in his assets between the 2019 and 2024 elections. He initially claimed MP Shrikant Shinde also received a notice but later retracted the statement.
Workers from the BJP and Congress clashed in Patna during a protest march organized by the BJP against the use of abusive language towards Prime Minister Narendra Modi's late mother. The protest turned violent, with stone pelting and vandalism reported. Police intervened to control the situation, and an investigation is underway.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
'When I undertook a study of temple desecration in precolonial India, it was not enough simply to document what temples were desecrated, by whom, when, and where.' 'It was also important to explore the total historical context of such incidents, with a view to discovering patterns, which in turn could reveal the reasons why they occurred.'
The pilot of Air India AI-915 Delhi-Dubai flight on February 27 allowed a woman friend to enter the cockpit, according to a complaint filed by a cabin crew member on the same flight.
The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector, indicating concentration risk, according to the Reserve Bank of India's report "Trend and Progress of Banking in India 2022-23". Notably, all the 50 are tied to the power sector, a domain fraught with inherent challenges, the report said. The report highlighted recognising the escalating systemic importance of G-NBFCs, the Prompt Corrective Action (PCA) framework had been expanded to include G-NBFCs excluding those falling within the base layer.
Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.
According to IRDAI, Marsh India had held the premium received from the clients in an Insurance Bank Account for more than 15 days and did not remit the premium to the insurer/reinsurer within the time limit of 15 days.
'Making sure that you're getting enough sleep, that your weight is maintained correctly and you exercise regularly.'
Following that, Sudhakaran, at another event in Alappuzha on Thursday, claimed that what he had said earlier was not completely true and he had added something extra to it from his "imagination".
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
As part of the investigation, EC officials visited Sudhakaran's residence on Thursday and recorded his statement. They said the matter would be submitted to the district collector for further actions.
The Sports Ministry on Tuesday lifted its suspension on the Wrestling Federation of India, paving the way for the organisation of domestic tournaments.
The interim finance minister said the Insolvency and Bankruptcy Code was helping in recovery of non-performing loans.
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