Large NBFCs told to appoint risk officers with fixed tenure

As per RBI, the CRO shall be a senior official in the hierarchy of an NBFC and shall possess adequate professional qualification/ experience in the area of risk management. Illustration: Uttam......

HDFC Bank beats Street; Q4 net rises 23%

Total income for the quarter ended March 31, 2019, stood at Rs 31,204.5 crore, up by 22.1 per cent from Rs 25,549.7 crore for the quarter ended on March 31, 2018. Private lender HDFC Bank on......

'You can't succeed without taking risk'

'There are different kinds of risk.''It is a very powerful value. Your ability to de-risk the risk is also as important for risk taking.' A Wockhardt plant. Photograph: Kind courtesy Wockhardt Ltd......

Pharmaceuticals - No significant booster doses

The Indian pharmaceutical market is forecasted to grow at an estimated CAGR of 16% between 2010 and 2015 and cross USD 20 billion. It is projected to be the third largest global pharmaceuticals......

Big B hails Mumbai police for nabbing SMS culprit

Megastar Amitabh Bachchan has hailed Mumbai police for acting swiftly in nabbing the culprit who sent him a death threat on his mobile. The SMS threat sent to the actor in Hindi said, "Mahanayk.......

Shooter's 'late' arrival costs India gold at Junior Worlds

IMAGE: Umesh Choudhary was penalised two points for 'reporting late' to the preparation arena ahead of the 10m finals, which cost him the gold medal in the eight-shooter final at the ISSF Junior......

Barty, Serena lead field at Australian Open warm-ups

IMAGE: Serena Williams. Photograph: Julian Finney/Getty Images Twenty-three-time Grand Slam champion Serena Williams and Australian tennis player Ashleigh Barty will lead the field in the two WTA......

Sports Shorts: Winning start for India on Aus hockey tour

Summary of sports events and persons who made news. IMAGE: Harmanpreet Singh’s goal from a penalty-corner sealed victory for India over WA Thundersticks in the opening match of their......

WTA Mumbai Open: Lisicki, Vickery crash out in Round 1

IMAGE: Sabine Lisicki, currently ranked No. 220, was beaten by eighth seed Nao Hibino of Japan. Photograph: David Ramos/Getty Images Sabine Lisicki, the 2103 Wimbledon runner-up and former World......

Nadal, Halep top seeds at Australian Open

IMAGE: Spain's Rafael Nadal plays a forehand during a practice session on Wednesday. Photograph: Darrian Traynor/Getty Images World No 1 and 2009 champ Rafael Nadal is top seed for......