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Blue Star MD flags 2% margin drop this summer but bets big on data centres for long-term growthBlue Star experienced a robust summer AC sales season, but rising input costs significantly impacted profit margins. The company's MD antic...
Some Indian banks poised for interest margin gains as short-term funding costs fallIndian banks are poised for improved interest margins this quarter, thanks to the Reserve Bank of India's liquidity-boosting measures. Thes...
ED questions CMRL Joint MD again in CMRL-Exalogic money laundering probeThe Enforcement Directorate (ED) has questioned Sharan S Kartha, Joint Managing Director of CMRL, for the second time in a money laundering...
Capri Global eyes debut dollar debt sale, starts procedure, bankers sayCapri Global Capital is set to enter the foreign currency debt market, planning to raise funds through U.S. dollar denominated bonds. The n...
Vikas Khanna invests in New York's Kolkata Chai CoMichelin-starred chef Vikas Khanna's Bungalow Hospitality Investments has partnered with New York's Kolkata Chai, a brand dedicated to auth...
Mann ki Baat: PM Modi highlights India's significant strides in defence, security and self-relianceMann ki Baat: PM Modi highlighted India's significant strides in security and self-reliance during his 'Mann ki Baat' address. He lauded th...
Strong earthquake hits Afghanistan's Hindu Kush region, 20 injuredA powerful magnitude 6 earthquake jolted Afghanistan's Hindu Kush region, with tremors felt across Pakistan. While initial reports from Afg...
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...
PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...
"I still haven't paid myself a single dollar": Ex-Google, Microsoft techie quit Rs 4.2 crore job, now runs Rs 21.7 crore halal BBQ business in TexasA former Google and Microsoft engineer, earning ₹4.2 crore annually, traded his lucrative tech career for a Texas barbecue restaurant. Desp...
Living on borrowed AI won’t end well for India, warn expertsIndia's reliance on foreign-controlled advanced AI models, like Anthropic's, is under scrutiny after a US government directive suspended ac...
Axis Bank aims to strike optimal balance between growth and margins: MDAxis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in n...
Civil Aviation Minister inaugurates first hub-and-spoke flight from Varanasi via DelhiCivil Aviation Minister K Ram Mohan Naidu launched Air India's 'Easy Connect' initiative in Varanasi, establishing the first hub-and-spoke ...
Amazon CEO Andy Jassy visits India; to meet PM Modi on ThursdayThe visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute del...
Kolkata warehouse collapse toll rises to 10, Army radar deployed as search enters second dayThe death toll in Kolkata's Taratala warehouse collapse has reached 10, with rescue efforts continuing for nearly 21 hours. Army's advanced...
Kolkata godown collapse: WB minister Agnimitra Paul announces audit of new constructions, vows strict actionWest Bengal Minister Agnimitra Paul on Thursday said that all new construction sites under the Kolkata Municipal Corporation (KMC) limits w...
SC halts early release of Bowbazar blast convictThe Supreme Court has halted the Delhi High Court's decision to grant premature release to Md Rashid Khan, a life convict in the 1993 Bowba...
Bajaj Capital appoints Jai Bajaj as MD & CEOBajaj Capital has appointed Jai Bajaj as its new Managing Director and CEO, marking a pivotal moment for the 60-year-old firm. The company ...
India boxers punch their way to 12-medal haul in CzechiaIndian boxers showcased exceptional talent at the 56th Grand Prix Usti nad Labem, securing a remarkable 12 medals, including eight golds, a...