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Churn at private banks' finance function, 2 CFOs quitA significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
Railway Ministry declines Defence Ministry's plea to reduce military special train size, chargesThe Railway Ministry has turned down the Defence Ministry's plea to reduce the minimum size of military special trains from 30 to 20 wagons...
Randstad India appoints Narayan Iyer as managing directorRandstad India has appointed Narayan Iyer as its new managing director and chair of the management council. With over three decades of expe...
All-night food delivery booms as changing eating habits of young consumers, FIFA fuels demandLate-night food delivery in India has doubled over the past year, with a reported surge of 12-15% for orders placed between 11 pm and 3 am....
Kotak Mahindra Bank shares fall 3% after CEO's surprise exit. What Nomura, Jefferies saidAnalysts at Nomura and Jefferies, however, maintain 'Buy' ratings, with Nomura highlighting Anup Kumar Saha as a strong internal candidate....
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claimsHDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's res...
'I was in denial with the idea of quick commerce’: BigBasket founder Hari MenonBigBasket founder Hari Menon is stepping down as CEO after 15 years, reflecting on the company's evolution from scheduled deliveries to emb...
Crude oil prices fall up to 2%, head for weekly losses as Hormuz supply fears easeGlobal crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...
Oil falls to pre-war levels, no change in petrol and diesel prices in IndiaGlobal crude oil prices have fallen to their lowest levels since before the Iran conflict, with Brent slipping to around USD 72–73 per barr...
ED files case, carries out searches in 2017 Tamil Nadu polytechnic teacher hiring 'fraud'The Enforcement Directorate has launched a money laundering investigation into a 2017 Tamil Nadu government teacher recruitment scam. Searc...
Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejigQuick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reaso...
Dollar hits 13-month high as rate-hike bets, stock rout boost demandThe US dollar has hit a 13-month peak, fueled by a selloff in tech stocks and growing expectations for interest rate hikes from the Federal...
Dollar at 13-month high as rate hike bets, stock rout boost demandThe U.S. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes. Investors are fl...
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...