Media reports said the decision was mutual.
We are looking to target individuals who have the potential to become high-value clients in the future. It is possible to target this segment with the help of powerful data analytics.
Sunil Kaushal, who took charge as the chief executive of Standard Chartered Bank's India and South Asia operations in February this year, however, appears confident that India will continue to remain a growth market for the bank in coming years.
Mahindra and SCM Real Estate, the investment arm of Standard Chartered, would together invest Rs 1,000 crore (Rs 10 billion) in multiple projects and hold equal stakes in the JV to be called Watsonia Developers.
Standard Chartered cuts base rate by 0.25%
As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide.
Standard Chartered said it will stop providing financing to parts of the diamond and jewellery industries as part of a review of its exposure to risky sectors.
Following a fatal plane crash in Baramati, the DGCA has grounded four aircraft belonging to VSR Ventures due to significant compliance lapses identified during a safety audit.
'Storytelling will never change.' 'As long as storytelling can be unpredictable... AI cannot tell you an unpredictable story.'
'In any aviation emergency, the first rule is aviate -- fly the aircraft.' 'The fact that the commander's voice is not on the recording simply means he was focused entirely on flying. It does not imply anything more than that.'
India was being evaluated for a potential weight of around 1 per cent in the index, an allocation that could have translated into $25 billion of inflows, spread over roughly 10 months.
Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.
The Black Box of the Learjet 45 aircraft that crashed near the Baramati airstrip on Wednesday has been recovered, the Civil Aviation Ministry said.
Residents of Ahmedabad recall the Air India crash of June 2025 after news of the Baramati plane crash involving Maharashtra Deputy CM Ajit Pawar. The earlier tragedy, which killed hundreds, remains a painful memory for those who witnessed it and lost loved ones.
Under Usha and Narang, the National Olympic Academy will "collaborate" closely with the International Olympic Academy in Olympia, to "align India's Olympic education programmes with the Olympic Charter and international best practices."
The Learjet 45 (LJ45), a mid-size business jet aircraft produced by the Learjet Division of Bombardier Aerospace, went off the runway while attempting to land at Baramati airport and burst into flames.
Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.
Implementation of sports bill in 6 months, regulation of participation standard safeguard: Mandaviya
'Trade deal will act as a strong trigger for market sentiment, not just for domestic investors but also for FIIs.'
'IndiGo will receive a sharp rap on the knuckles -- a punishment, a huge penalty. 'I look towards them creating a compensation fund.' 'I would like to think they would do that for all the passengers who are affected on every single day since cancellations began.'
India and Russia have called for an uncompromising global fight against terrorism without hidden agendas and double standards. Prime Minister Narendra Modi asserted that the menace is a direct attack on the values of humanity.
They weren't up for a windfall even after the trophy but life was certain to get a lot better as some sponsors and state governments stepped up to lift them financially.
GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.
The Indian government reveals that the United States has deported over 18,000 Indian nationals since 2009, with a focus on human trafficking investigations and concerns over the treatment of deportees.
'India is a big market for StanC, and it is also fastest growing economy in the world.'
The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.
Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load
Initially, the lure of a big paycheck may feel rewarding. But, over time, professionals find themselves drifting away from family, friends and personal joys, observes Pradeep Pramanik.
IOC resumes funding to IOA after "corrective measures" to resolve disputes and governance issues
The Shanghai Cooperation Organisation (SCO) strongly condemned the Pahalgam terror attack and concurred with India's position that 'double standards' in the fight against terrorism are unacceptable.
MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India.
The BRICS nations have expressed concern over the proliferation of trade-restrictive actions in the form of 'indiscriminate rising' of tariffs, particularly measures used as a means of 'coercion', cautioning that such practices risk marginalising the Global South countries.
Prime Minister Narendra Modi on Monday presented India's strong stance against terrorism, calling out the 'some countries' for their open support of terrorism and reaffirming that such 'double standards' are not acceptable.
Patel emphasised that one of the most important features of the bill is the establishment of a dedicated tribunal for resolving disputes, reducing the burden on the judiciary and ensuring quicker justice.
The legislation sets clear expectations for National Sports Federations and the Indian Olympic Association, ensuring mechanisms for fair elections, financial openness, and inclusive representation.
People with no knowledge of coding or computer languages can use vibe coding using plain English command with AI-assisted software development.
Standard Chartered's India strategy will focus on wealth management while credit card will remain core to its business though will avoid competition with the country's private banks, said a senior executive of the British lender. "Our focus on wealth management and affluent clients are central to our existence. "We are strong in these areas and we want to grow in these areas.
The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'
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