Companies don't have to be in the field to nudge people to return money they owe lenders.
The Reserve Bank has found gaps in banks' corporate governance despite issuing guidelines on the matter, Governor Shaktikanta Das said on Monday. Addressing directors of bank boards, Das said such gaps, which have been mitigated, could have caused "some degree of volatility". He also hit out strongly against "smart accounting" to conceal stress and bloat financial performance.
'It was beautifully played by an American band.'
In its set of recommendations, the China Committee said that economic sanctions against China in case of an attack on Taiwan will be most effective if key allies such as G7, NATO, NATO+5, and Quad members join, and negotiating a joint response and broadcasting this message publicly have the added benefit of enhancing deterrence.
An Indian man travelling from New York to Delhi in an American Airlines flight has been apprehended at the Delhi airport for allegedly urinating on his co-passenger, official sources said Monday.
'...they were shocked to learn that just 352 Indian soldiers had made 3 brigadiers, 2 colonels, 170 officers, 290 JCOs and 8,000 troops surrender to the Indian Army.'
In his first trip to the US in 1960, Atal Bihari Vajpayee befriended a young IFS officer posted in the permanent mission of India to the UN and explored New York with him, visiting museums, art galleries and even nightclubs, says a new biography of the former prime minister.
IMAGES from Day 9 of the US Open, at the USTA Billie Jean King National Tennis Center, Flushing Meadows, New York.
IMAGES from Day 8 of the action at the US Open at USTA Billie Jean King National Tennis Center at Flushing Meadows in New York on Monday.
Ajay Banga will be a 'transformative leader', who will bring expertise, experience, and innovation to the position of World Bank President, United States President Joe Biden has said after the top Indian-American business executive was confirmed as the new head of the international lender.
IMAGES from Day 5 of the US Open, at the USTA Billie Jean King National Tennis Center, Flushing Meadows, New York, on Friday.
Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious post. In February, President Joe Biden announced that the US would be nominating Banga to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history." The World Bank on Wednesday closed a month-long window for nominations for its next president, with no alternatives announced to 63-year-old Banga.
The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.
Antonio Watson won a thrilling World Championship 400 metres gold on Thursday.
Modi will arrive in New York on June 20 and will lead the 9th International Yoga Day celebrations at the UN headquarters on June 21.
'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'
Former New Jersey Governor Chris Christie and a Republican presidential aspirant have called his fellow rival Indian-American Vivek Ramaswamy a guy who sounds like ChatGPT and described him as an "amateur" Barack Obama.
'Yellow Bus is a heart-breaking story based on a real incident and will strike a chord with mothers across the world.'
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
Munna Kumar, the accused train ticket examiner (TTE), has been arrested, a Government Railway Police official said on Tuesday.
Happily, it does not require the world to hold a mirror up for us. We can look at ourselves and understand easily if we choose to be honest about where we find ourselves three quarters of a century after Independence, asserts Aakar Patel.
From show business to sports stories, you'll find plenty to keep you busy on OTT this week.
'I've got good luck from millions from my country and will carry it wherever I go, like I always do.'
What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy.
Following their 60-run win over Royal Challengers Bangalore, Delhi Capitals skipper Meg Lanning lauded Shafali Verma and Tara Norris' stellar performances in their WPL opener.
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
Magnus Carlsen of SG Alpine Warriors defeated Viswanathan Anand and launched his team to the top of the Tech Mahindra Global Chess League in Dubai on Wednesday.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
Earlier in an op-ed in The Washington Post, Schumer said the democratic international order must stand strong to confront the rise of the Chinese Communist Party.
Olympic high jump champion Dick Fosbury, who revolutionised the event with a radically different jumping technique that was eventually named after him, died on Sunday aged 76.
New York state will "not normalise" serious criminal conduct, "no matter who you are," Alvin Bragg, the Manhattan district attorney, has asserted, hours after former US President Donald Trump was arraigned in a courtroom.
Major Indian businesses and temples issued a joint statement opposing the proposed California Caste Bill SB 403.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
Software major Tata Consultancy Services on Wednesday reported a 14.8 per cent rise in net income to Rs 11,392 crore for the fourth quarter of last fiscal against Rs 9,959 crore in the year-ago period. The country's largest technology services company by market value said its revenue rose 16.9 per cent to Rs 59,162 crore during the reporting season from Rs 50,591 crore a year ago.
As the second season of The Night Manager hits the OTT screen, Deepa Gahlot looks back at the top spy thrillers on streaming platforms.
IMAGES from Day 1 of all the action from the Wimbledon Championships played at the All England Lawn Tennis and Croquet Club, London, on Monday.
The Securities and Exchange Board of India (Sebi), the market regulator, has said, in a submission to the Supreme Court, that it is "enquiring" into the allegations made by American short-seller Hindenburg Research against the Adani Group of companies and its impact on the markets. In the same matter, the central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected. The Supreme Court had last week suggested an expert committee to look into the allegations and had asked the Centre for its response.
Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.
'India will want a lot of help from the US, but it's not going to want US troops.'
Deepa Gahlot picks the top 10 Karan Johar films -- some that he directed and others that he produced or co-produced -- that you can watch on steaming platforms.
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