The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
The Allahabad high court has quashed criminal proceedings against Wipro Chairman Azim Premji and other senior officials in a case related to alleged labour law violations.
The alleged mastermind behind an attack on a Nagar Parishad chairman in Bihar's Bhagalpur district was killed in a gunfight with police. A deputy SP and two inspectors were also injured in the encounter. The accused was allegedly involved in a rivalry that led to the attack on the chairman, who was critically injured, and the executive officer, who died.
An official of the Sultanganj Nagar Parishad in Bihar's Bhagalpur was killed, while its chairman got critically injured on Tuesday when unidentified miscreants barged into the latter's chamber and allegedly opened fire, police said.
Sultanganj Nagar Parishad chairman Rajkumar, who was shot in his office in Bhagalpur district on April 28, has died in a Patna hospital. Chief Minister Samrat Choudhary has expressed grief and ordered a speedy trial.
N Chandrasekaran, chairman of Tata Consumer Products (TCPL), stated that India continues to experience credible economic growth, driven by strong demographic fundamentals and accelerating digital public infrastructure, despite a fragmented global landscape.
Hero MotoCorp celebrated the 10th anniversary of its MotoSports Team Rally, highlighting a decade of achievements in global rally-raid. The event saw the launch of the "India's Next Dakar Hero" programme, a five-year partnership extension with Dakar Rally organisers, and the induction of young Indian racer Shlok Ghorpade, reinforcing the company's commitment to Indian motorsport talent.
Tim Cook will step down as Chief Executive Officer of Apple Inc. and take over as executive chairman of the company's board, with John Ternus set to become the new CEO from September 1, the company announced on Monday.
Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.
Former Sports Journalists Federation of India (SJFI) President S Sabanayakan has been elected to the Executive Committee of the International Sports Press Association (AIPS) during its 88th Congress in Lausanne, Switzerland.
In the draft norms issued last month, the RBI said that the ultimate responsibility for the bank's performance, conduct and control rests with the Board
The much-awaited board meeting of Tata Sons did not discuss listing of the holding company or a third term for Chairman N Chandrasekaran.
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.
Mukesh Ambani, Chairman of Reliance Industries, has called upon India's engineering talent to spearhead Jio's ambitious artificial intelligence initiative. He emphasized India's role as a creator and global leader in AI, not just a consumer, outlining the execution phase of Reliance Intelligence with partnerships and a focus on developing affordable, language-fluent AI for all Indians.
The International Olympic Committee (IOC) Executive Board has officially approved the qualification system for cricket at the LA Olympic 2028, marking the sport's return after 128 years. The event will feature men's and women's T20 competitions with six teams each.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
The technology services sector in India will continue to remain relevant to global enterprises transformation in the artificial intelligence (AI) era, the Nasscom US CEO Forum said, even though there will be changes in how services are delivered and scaled up. Chief executive officers of Indian technology companies, who attended the discussion, also said AI will expand the addressable market opportunity across enterprise modernisation, data, AI governance and intelligent operations.
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.
ExlService Holdings, a data and AI company, announced its acquisition of AI data solutions firm iMerit for up to USD 310 million. This strategic move aims to accelerate AI innovation, deepen EXL's AI capabilities in model training and evaluation, and expand its market presence in high-growth AI tech sectors. The transaction is expected to conclude in Q3 2026.
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.
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.
Here are who's who attending the wedding.
The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
The New York Knicks have won their first NBA championship since 1973, defeating the San Antonio Spurs 90-94. Jalen Brunson led the Knicks with 45 points, securing the best-of-seven NBA Finals in five games after a dominant postseason run.
The Bombay High Court has approved the removal of mangroves for the Vadhvan Port Project in Palghar, Maharashtra, citing its public importance and economic significance. This clearance paves the way for accelerated execution of the Rs 76,220 crore project, which aims to position India among the top 10 container port nations globally.
TVS Motor Company has appointed Ravindran Shanmugam, a technology entrepreneur and business leader, as an independent director for a five-year term, effective May 13, subject to shareholder approval.
HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large deposits, raising concerns about corporate governance.
Indian pharmaceutical companies are strategically increasing investments in the US market, focusing on specialty drugs, complex generics, respiratory products, and local manufacturing, despite a nearly 10 per cent fall in exports to the US in FY26 due to pricing pressure and competition in traditional generics.
Aequs Group, in collaboration with IIT-Dharwad, has established an advanced research and development facility for materials science and manufacturing innovation at the IIT-Dharwad campus.
Billionaire Mukesh Ambani announced that the transfer of day-to-day management responsibilities at Reliance Industries to his children, Akash, Isha, and Anant, is "almost complete," marking the final stages of a significant succession process for India's most valuable company.
The National Legal Services Authority has launched a digital module to automate and expedite the process of remission and premature release of eligible prisoners across India.
Vaibhav Sooryavanshi's possible T20I debut and India's batting struggles after the Ireland whitewash dominate the build-up to the five-match series against England, where testing conditions await Shreyas Iyer's side.
Once implemented, Rishad Premji will be one of the youngest business leaders to don the role of non-executive chairman at a large cap Indian company.
The initiative is expected to begin with operations in Guntur, with both parties working towards enabling 10,000 daily drone flights across Andhra Pradesh over the coming year, a scale that could position the state among the largest commercial drone delivery networks globally.
The AI-enabled system detects nine types of errors in the kitchens that are primarily responsible for unhygienic food on trains.
Emirates NBD Bank has successfully acquired a 60 per cent majority stake in RBL Bank through a primary capital infusion of approximately USD 2.75 billion, marking the largest foreign direct investment in India's banking sector.
Mukesh Ambani, Asia's second richest man, has not drawn a salary from Reliance Industries for the sixth consecutive year, with dividends from his extensive shareholdings serving as his primary source of income.
Apple has announced that John Ternus will succeed Tim Cook as CEO in 2026. Ternus, the current senior vice president of Hardware Engineering, will take over as Cook transitions to executive chairman of the board. This change marks the end of Cook's long tenure and the beginning of a new chapter for Apple.
