Kumar described governance risks as isolated and manageable events rather than structural failures MUMBAI: HDFC Bank’s newly appointed chairman Rajiv Kumar said the lender’s corporate governance remains fundamentally uncompromised, while asserting that the board will ensure control functions stay fully empowered with zero tolerance for unethical practices.Addressing leadership changes and external scrutiny after the exit…
New Delhi: In an order that would apply to 24 crore students, Supreme Court on Monday said parents cannot be mandated to create ‘one student, one unique ID’ for their children under Automated Permanent Academic Account Registry (Apaar) scheme, even as it noted the benefits of the scheme.Appearing for three parents, whose children are studying…
The University of Cincinnati is also considering programmes in information technology and professional studies. (University of Cincinnati photo) For decades, a four-year bachelor’s degree has been the standard in the US. That model is changing now as more colleges introduce three-year degree programmes that require fewer credits.As of this spring, colleges in 26 US states…
Amitabh Bachchan called at 3 am to buy Ayodhya land and transferred Rs 15 crore the next day, recalls Abhinandan Lodha Amitabh Bachchan personally called The House of Abhinandan Lodha founder and chairman Abhinandan Lodha at around 3 am to enquire about buying land in Ayodhya and transferred Rs 15 crore the very next day…
File photo: US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws Bank of America has been fined $1.21 billion by US regulators for failing to detect and report billions of dollars in suspicious transactions, including activity linked to potential money laundering and sanctions violations.The US treasury department…
Winning start for India at the BWF World Championships MR Arjun’s opening-round win at the BWF World Championships in New Delhi meant much more to him than simply advancing to the next stage.With his parents and wife in the stands, the Indian men’s doubles player experienced a moment he had waited around 13 years for…
The Supreme Court on Tuesday imposed a cost of Rs 3 lakh on comedian Samay Raina, observing that he had allegedly made false statements before the court and failed to comply with its earlier directions in connection with proceedings arising out of the India’s Got Latent controversy.A bench comprising Chief Justice of India Surya Kant,…
MUMBAI: Rising geopolitical tensions in the Persian Gulf region pushed up Brent prices above the $100-per-barrel mark for the first time since July on Wednesday. This, in turn, led to the weakening of the rupee, which fell below the 95/$ mark and settled at 95.1 at close. Dalal Street, too, felt the jitters courtesy of…
Argentina’s Lionel Messi celebrates at the end of the World Cup quarterfinal soccer match against the Netherlands in Lusail, Qatar, Dec. 10, 2022. (AP Photo/Ricardo Mazalan, File) Lionel Messi may have already played his final competitive match for Argentina, but reports suggest his farewell to the national team could still have one more chapter. Messi…
Saudi Arabia has rerouted its crude exports through the Red Sea port of Yanbu after Hormuz disruptions. (Satellite image of Bab-el-Mandeb Strait – source Reuters) After the Strait of Hormuz disruptions, a fresh threat to the world’s oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against Saudi Arabia….
