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"business-news"

  • IndusInd Bank appoints ‘committee of executives’ to run bank following CEO’s resignation

    "The Board has constituted such “Committee of Executives” to oversee the operations of the bank, under the oversight and guidance of the Oversight Committee of the Board till a new MD&CEO...assumes charge or a period of 3 months," IndusInd Bank said
  • Blinkit-Airtel SIM home delivery on hold; DoT asks telecom service to abide by stipulated KYC norms

    New Delhi: Just days after Blinkit-Airtel SIM home delivery was announced with much fanfare, the service has been put on hold, sources said. The move came after DoT queried Airtel on the process being followed and made it clear that stipulated norms have to be complied with, the sources said. The Telecom Department recently circulated […]
  • NSE IPO: Sebi chief Pandey says discussions ongoing with bourse to resolve key issues

    Sebi's concerns include the compensation given to key management personnel, technology and the majority ownership in Clearing Corporation, among others
  • Income tax department notifies ITR forms 1, 4 for AY 2025-26

    ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers
  • Pakistan Stock Exchange slumps amid escalating tensions with India

    Shares at the PSX fell over 2,000 points in intraday trade amid uncertainty over speculation that India might launch military strikes against Pakistan
  • IndusInd Bank CEO Sumant Kathpalia resigns

    Bank’s Deputy CEO Arun Khurana had tendered his resignation on Monday in the wake of accounting lapses costing Rs 1,960 crore to the private lender
  • Nexus between renowned banks and builders: Supreme Court of India orders CBI probe

    Advocate Rajiv Jain, the amicus curiae, called Supertech the “main culprit” in defrauding homebuyers whereas Corporation Bank advanced more than Rs 2,700 crore to builders through subvention schemes
  • Paytm’s First Games to challenge Rs 5,712 crore GST notice

    The notice, received on April 28, 2025, relates to an ongoing Goods and Services Tax (GST) matter that has been under review across the online gaming industry for over 18 months.
  • IndusInd Bank’s accounting lapses: Deputy CEO Arun Khurana resigns

    The private sector lender had informed that a bank-appointed external auditor has determined a cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as on March 31, which is similar to the amount disclosed on April 15
  • US Treasury Secretary says ‘India is likely to be one of first to finalise BTA with US’

    “We've had many countries come forward and present some very good proposals, and we're evaluating those.” “I would guess that India would be one of the first trade deals we would sign. So watch this space,” Bessent said
  • Fire breaks out at Hyderabad-based Aurobindo Pharma’s plant

    The company temporarily suspends operations at the Penicillin-G production facility in Kakinada, Andhra Pradesh
  • RBI ask banks to ensure ATMs dispense Rs 100, Rs 200 notes

    According to the circular, by September 30, 2025, 75 per cent of all ATMs shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette 
  • Hyderabad-based Dr Reddy’s to introduce Sanofi’s novel drug in India

    The company plans to introduce Beyfortus, which contains the monoclonal antibody nirsevimab, in a prefilled injection used for the prevention of respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants
  • Hyd-based CtrlS Datacenters to invest Rs 500 cr for greenfield data centre in Bhopal

    CtrlS Datacenters has announced an investment of Rs 500 crore for a greenfield data centre in Bhopal. A virtual groundbreaking ceremony of the facility took place with Madhya Pradesh Chief Minister Mohan Yadav presiding over the proceedings
  • India-US have continuous dialogue, communication over bilateral trade agreement: MoS Jitin Prasada

    Prasada made remarks while addressing members of the Indian-American community at an interactive session organised by the Consulate General of India in New York
  • Youngest son Anant Ambani appointed as whole-time director at Reliance Industries

    The decision was announced following a board meeting, and the appointment is set to take effect from May 1, 2025. Anant will serve in this role for five years.
  • Pahalgam attack: IndiGo says some international flights remain impacted

    Amid escalating tensions between India and Pakistan due to the Pahalgam terror attack, Pakistan has barred Indian airlines from using its airspace 
  • Apple may shift entire iPhone assembly for US to India by next year: Report

    This would mark a major move in Apple's global manufacturing strategy, as the tech giant continues to reduce its dependence on China, according to a report by Financial Times
  • Sensex, Nifty plunge over one per cent amid geopolitical tensions

    Domestic benchmark indices opened flat to positive in morning trade but turned red during intra-day trade. Sensex and Nifty fell by more than 1 per cent as uncertainty over India-Pakistan relations affected investors' sentiment
  • Pahalgam attack: Pakistan’s stock market plunges

    KSE-100 index plunged by 2,485 points early in the session as tensions between India and Pakistan simmer
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