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.
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.
Former UGC Chairman M Jagadesh Kumar emphasises the need to focus on skills like judgement, creativity, and ethical reasoning in light of rapid automation in the workplace.
Social activist Anna Hazare has criticised Rajya Sabha MP Raghav Chadha for allegedly leaving the Aam Aadmi Party and joining the Bharatiya Janata Party, stating that such political switching for personal interests goes against constitutional values.
Chief Justice of India Surya Kant cautioned against the uncritical adoption of AI in the judiciary, emphasising the need for human judgement and ethical considerations in judicial decision-making.
Karnataka Chief Minister Siddaramaiah has called for the establishment of a Supreme Court bench in South India to improve accessibility to justice. Speaking at a conference on Artificial Intelligence in the judiciary, he also highlighted the need to address algorithmic bias and ensure judicial independence in the age of AI.
HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.
Chief Justice of India Surya Kant has cautioned against the uncritical adoption of Artificial Intelligence in the judiciary, emphasising the need to balance technological advancements with human intellect and ethical considerations.
Supreme Court judge Justice B V Nagarathna stated that judicial independence in the modern era is not just freedom from external power, but also from algorithmic influence, while speaking at a conference in Bengaluru.
Supreme Court judge Justice B V Nagarathna has cautioned against the over-reliance on Artificial Intelligence (AI) in the judiciary, emphasising the need for judicial independence from algorithmic influence. She stressed that AI should only serve as a tool and not replace human judgement, which is guided by legal reasoning, constitutional values, and a deep sense of justice.
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.
The family of a TCS employee arrested in connection with sexual harassment and conversion allegations at a Nashik unit claims he is a victim of internal professional rivalry and office politics. They allege a coordinated conspiracy driven by his academic and professional success.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
A new study reveals that AI chatbots often provide inaccurate and incomplete medical information, raising concerns about their use in healthcare communication.
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.
HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.
The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.
The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
AB de Villiers believes Royal Challengers Bengaluru have the squad depth to support Virat Kohli and defend their IPL title, while Anil Kumble anticipates Kohli adding new shots to his repertoire.
'Why can't we work towards a dignified end of the person when a cure is not possible and the end is inevitable?'
'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.'
Only biological females, determined by gene screening, will be allowed at Olympic Games female events, says IOC.
We know in our heart that speaking the truth on this stupid Iran war will anger Trump and so we look the other way because if we look him in the eye the bully will straighten us out, asserts Aakar Patel.
A Delhi court has dismissed the anticipatory bail plea of a senior IPS officer from Mizoram, accused of conducting unauthorised raids, illegal detentions, and demanding money from a foreign national in Delhi.
Alliances fight wars effectively only when they share an endgame. If Israel acted without US knowledge, then the military alliance is operating without real coordination at the level of strategic targeting. Neither picture is reassuring in a war that is no longer regional in its consequences. Prem Panicker continues his must read daily blog on the Gulf War.
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 Supreme Court of India has ruled that stem cell therapies for Autism Spectrum Disorder (ASD) can only be offered within approved and monitored clinical trial settings, deeming any other use unethical and potentially malpractice.
The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.
'The story of Ghooskhor Pandat focuses on an individual's actions and choices and does not comment on or represent any caste, religion, or community. As a filmmaker, I approach my work with a deep sense of responsibility -- to tell stories that are thoughtful and respectful.'
'While many politicians speak of development, Dada worked hard for it.' 'He realised that politics wasn't about power or politics -- it was about service to the people.'
Bangladesh's appeal to the ICC Dispute Resolution Committee against hosting T20 World Cup matches in India cannot be heard under ICC rules, with Scotland kept on standby as a possible replacement team.
The armed forces of India will be wise to remember that its public interface needs to be tempered with discretion, maturity and example, keeping in mind the nation's multi-cultural and multi-religious fabric which is its greatest strength but which can also become its biggest fault-line, asserts Vice Admiral Biswajit Dasgupta (retd).
As he is laid to rest, Indian cricket bids farewell to one of its greatest administrators -- a visionary who understood that breaking monopolies and building stadiums were about the same thing: Giving millions of cricket-loving Indians the infrastructure worthy of their passion.
Since you are still married, if you start dating someone right now, it won't be ethical, comments rediffGURU Ravi Mittal, CEO of Quack Quack, an online dating Website.
Across all sectors, the future of work depends on adaptability.
All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.
Washington is learning about batting: Doeschate, as all-rounder focusses on big-hitting at nets
'Caring for one's parents is the husband's responsibility, especially if he is the earning member of the family.' 'The wife may be financially dependent on him but that does not create a legal obligation for her to serve or care for her in-laws.'
'The aim is to have curated datasets that create cultural and historical nuances that help us make our models understand these better.'
Whether it was in the company of superstars Rajinikanth and Kamal Haasan -- or, on rare occasions with both together, among others -- Saravanan's demeanour would stand out, observes N Sathiya Moorthy.
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