Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.
The Railway Ministry has decided to have automatic door closing facilities in coaches of all existing and new local trains for Mumbai Suburban, a senior official said on Monday after four passengers died and six were injured when they fell from a moving overcrowded local train in Thane district.
After a London-bound Air India aircraft crashed shortly after taking off from the Ahmedabad airport on Thursday, the spotlight is back on India's history with aviation disasters.
A timeline of events related to the investigation of the Air India Boeing 787 crash in Ahmedabad, including investigation initiation, black box recovery, and safety measures taken.
The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.
The Aircraft Accident Investigation Bureau (AAIB) is expected to release its preliminary report this week on the Air India plane crash in Ahmedabad, which resulted in the deaths of at least 260 people. The investigation is ongoing, with the help of foreign experts, and the black box and voice recorder data are being analyzed.
Only a limited set of investors should invest directly in corporate bonds.
Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.
As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.
Tata Sons chairman N Chandrasekaran on Thursday skipped the Annual General Meeting of Tata Consultancy Services (TCS), marking his absence from the group's shareholder gathering for the second consecutive day. This is the first time in over 17 years that Chandrasekaran, who was elevated as the chairman of the diversified conglomerate after working as TCS's chief executive, has missed the AGM of the largest IT services company.
The truth about what triggered the fatal crash of the Dreamliner should not only help bring the guilty to book, but also outline the future course of action in aviation safety, notes Nivedita Mookerji.
In the message posted by Tata Group on X, he also said the group will cover the medical expenses of those injured and ensure that they receive all necessary care and support.
'This will be our first large-size bank partner, and hence, the partnership will be a game-changer for us.'
The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings
A Bangkok-bound Air India flight from Mumbai was held back for over five hours on June 25, after some hay was found stuck in one of the aircraft's wings, the airline has said.
'Within minutes, my mobile began ringing. It was National Security Adviser Brajesh Mishra, asking why the Iranians were complaining.' 'I explained that we had only restated our position in the light of the conclusion reached by the IAEA, but will remain helpful to Iran to reach a consensus.' 'Then came a call from Foreign Secretary Kamal Sibal, repeating what Mishra said about the Iranian complaint.' 'I was very impressed that Iran was able to reach two top officials in India to intervene at short notice,' recalls Ambassador T P Sreenivasan.
The Directorate General of Civil Aviation has directed Air India to carry out additional maintenance actions on its Boeing 787-8 and 787-9 planes equipped with Genx engines with immediate effect.
HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.
India will take on arch-rivals Pakistan in their opening match of ICC Women's T20 World Cup 2026 at Edgbaston on June 14.
HDFC Bank has denied Lilavati Trust's allegation that the bank's MD and CEO Sashidhar Jagdishan was involved in a series of financial frauds. The allegation levelled by Lilavati Kirtilal Mehta Medical Trust (LKMM Trust), its trustees and officials against the bank's MD and CEO are baseless and malicious, an HDFC Bank's spokesperson said.
Soon after the takeoff, the pilot of ill-fated Air India aircraft gave a Mayday call to the Ahmedabad air traffic controller.
A former West Indies Cricket Board (WICB) director has said that the once-formidable Windies can completely lose its credibility and disintegrate ten years from now due to its constant failure at the international level.
The three officials include a divisional vice president of the airline, as per the DGCA order.
Trump said he had a series of phone calls on trade with both India and Pakistan.
'...than by the calendar.' Indian travellers are no longer restricting their getaways to summer or winter holidays.
'This (crash) is one of those times where there is no concrete explanation yet for what happened. I think that adds to my parents' worry.'
The last rites of Captain Sumeet Sabharwal, pilot in command of the Air India plane that crashed in Ahmedabad last week, were performed in Mumbai on Tuesday with his grief-stricken father bidding a heart-wrenching, tearful farewell to his son before the cremation.
The Air India plane AI-171 from Ahmedabad to London crashed immediately after take-off from the Sardar Vallabhbhai Patel Ahmedabad airport on Thursday, as per the Gujarat State Police Control Room.
The Railway Ministry will deliver the advanced locomotives to the African nation over the next three years. Prime Minister Narendra Modi will flag off the first locomotive for export on Friday.
Amid mounting safety concerns and the cancellation of at least 66 flights that were to be operated with Boeing 787 Dreamliner aircraft, DGCA officials held a detailed review meeting with top Air India and Air India Express executives.
'We will continue supporting those affected long after the work in Ahmedabad is done.'
Hundreds of people, including inconsolable family members and friends, gave an emotional farewell to First Officer Clive Kunder, co-pilot of the Air India plane that crashed in Ahmedabad last week, and flight attendant Roshni Songhare whose last rites were held on Thursday.
After chairing an emergency meeting with senior officials to discuss the situation, Chief Minister Pushkar Singh Dhami said that heli services on the Char Dham route will remain suspended for two days, as the weather is bad and the safety of the passengers is the government's top priority.
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
The process of identification of victims by matching the DNA samples is currently underway, and the bodies will be handed over to their relatives once the process is complete.
'... when the process isn't transparent, people will naturally raise questions. 'The AAIB's own press release says they had the black boxes by June 16.' 'Why wasn't decoding initiated until the 24th? What were they waiting for?'
The racing scenes in Brad Pitt's new F1 movie are impressively authentic but the filmmakers have also made much of how the sport's past is woven into the plot -- with a hefty slice of Hollywood artistic licence.
They seem harmless, even good for you, but these everyday kitchen staples could be quietly harming your heart, warns Dr Sanjay Bhojraj.
The panel will examine the reasons behind the emergence of dummy schools and their role in encouraging full-time coaching at the cost of formal schooling, and will suggest ways to mitigate the issue.
RCB were set to play the Lucknow Super Giants the next day, May 9, the same day the IPL was officially suspended for a week due to rising military tensions.
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