HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.
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.
The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.
Tensions flared in Manipur as a mob tried to enter the residence of the Kuki Zo Council chairman, prompting intervention by security forces and raising concerns about ongoing unrest.
Sunil Bharti Mittal, 68, will retire as chairman of Airtel Africa in July after the conclusion of this year's annual general meeting (AGM), the board of the African arm of India's second-largest telecom service provider Bharti Airtel said in a statement to the exchanges on Wednesday.
Gurugram Police have arrested the chairman of a school for allegedly defrauding students by presenting fake CBSE accreditation for class 10. The arrest follows complaints from parents after students were unable to sit their CBSE mathematics examination.
The Pakistan Cricket Board chairman Mohsin Naqvi has stated that the board will take action against players who withdraw from PSL at the last minute to join IPL.
Film actress Sara Ali Khan's entry to Badrinath and Kedarnath temple complexes is contingent on submitting an affidavit declaring her faith in Sanatan Dharma, according to the Badri-Kedar Temple Committee chairman.
The chairman, Javad Ahmad Siddiqui, has been remanded to four days of police custody for further questioning.
FIFA president Gianni Infantino hailed Jay Shah's 'outstanding work' as the chairman of International Cricket Council.
Security forces in Manipur have arrested 10 cadres of the banned Prepak (RA) near the India-Myanmar border, including five minors, as search operations continue in the region amid ongoing ethnic violence. A separate incident involved a mob attempting to enter the residence of a Kuki Zo Council chairman.
C J Roy, founder and chairman of real estate firm Confident Group, died by suicide in Bengaluru. The incident occurred amidst ongoing Income Tax searches at his premises. Family alleges pressure from a central agency may have contributed to his death.
Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.
The Pakistan Cricket Board's policy regarding its employees working for Pakistan Super League franchises is unclear, causing confusion among staff and franchise officials.
Senior Congress leader V D Satheesan has declared assets worth around 3 crore, including movable and immovable properties, in his affidavit filed before the Election Commission for contesting the polls from North Paravoor. Kerala Congress (M) chairman Jose K Mani has also declared his assets.
Jay Shah received the Outstanding Contribution to Sports Award from Piyush Goyal at the Indian Business Leader Awards in Mumbai.
Maharashtra Chief Minister Devendra Fadnavis clarifies the separation of powers between the legislature and executive branches following a directive to suspend a Satara Superintendent of Police. He emphasised that while the executive is accountable to the legislature, the legislature cannot assume the executive's role.
The Bangladesh Cricket Board's chairman of selectors, Habibul Bashar, expresses his desire for veteran all-rounder Shakib Al Hasan to return to the national team and play until at least the 2027 ODI World Cup.
A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.
TRAI Chairman Anil Kumar Lahoti highlights the increasing importance of Artificial Intelligence in the design, management, and experience of telecom networks in India, noting its role in self-optimising networks, cybersecurity, and preparing for 6G technology.
'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'
Congress leader Sonia Gandhi is stable and under medical supervision at Sir Ganga Ram Hospital in Delhi after being admitted on Tuesday night.
'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.'
Senior Congress leader P J Kurien has asserted that the UDF will return to power in Kerala after the April 9 Assembly polls, with Ramesh Chennithala as Chief Minister.
The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
Cricket Ireland is planning a Euro Nations Cup, with chairman Brian MacNeice targeting a 2027 launch.
Prime Minister Narendra Modi addressed the Rajya Sabha to honour 59 retiring members, emphasising their contributions to national life and urging them to continue their service.
Indian stock market indices Sensex and Nifty experienced a significant drop in early trade, reversing a three-day rally. The decline was triggered by a sharp increase in crude oil prices, weak global market trends, and continuous outflows of foreign funds.
The government is closely watching the fast-paced developments at the salt-to-semiconductor conglomerate.
The Pakistan Cricket Board is adapting the 2026 Pakistan Super League due to a fuel shortage, with matches played without fans and at only two venues.
Police in Solapur, Maharashtra, have dismantled a prostitution racket operating from a dance academy, rescuing 25 women and arresting five individuals on human trafficking charges.
The signing of Pakistani spinner Abrar Ahmed by Sunrisers Leeds in The Hundred auction has ignited controversy, drawing criticism from figures like Lalit Modi and Sunil Gavaskar due to the historical exclusion of Pakistani players from the IPL and concerns over financial contributions to Pakistan.
The Pakistan Cricket Board (PCB) has announced that the initial stages of the Pakistan Super League (PSL) will be held without spectators due to regional tensions and government austerity measures.
Donald Trump claims a senior defence official urged military action against Iran, revealing escalating tensions and ongoing negotiations in the Middle East.
Statues of Kakori train action martyrs demolished in Shahjahanpur, Uttar Pradesh, during road construction, triggering outrage and demands for action.
Rajasthan Royals is set to be sold to US-based Kal Somani-led consortium for US$ 1.63 billion (approximately Rs 15,290 crore), becoming the most valuable IPL franchise.
The demolition of statues honouring Kakori train action martyrs in Uttar Pradesh has ignited a political firestorm, prompting outrage and demands for accountability.
The Indian government has imposed penalties totalling nearly 20 crore on various companies for non-compliance with Corporate Social Responsibility (CSR) norms over the past three financial years, as revealed in the Rajya Sabha.