MANAGING DIRECTOR
Former SoftBank managing partner Lydia Jett joins Flipkart board Lydia Jett previously joined Flipkart’s board as a representative of SoftBank in 2017. She had exited Flipkart’s board after stepping down as SoftBank's managing partner in February this year. Meanwhile, Flipkart has been aiming for profitability am...
01 Jul, 2024, 07.52 PM ISTSBI General Insurance appoints Naveen Chandra Jha as MD & CEO During the year ended on March 31, 2024, the bank infused additional capital of Rs 489.67 crore in SBI General Insurance Company Ltd. The company has also allotted ESOP (Employee Stock Ownership Plan) to employees and consequently, the bank's stake ...
26 Jun, 2024, 04.52 PM ISTFSIB to hold interview for SBI chairman's position on June 29 FSIB to conduct interviews for SBI Chairman selection. Three out of four MDs eligible. Khara's replacement to be chosen before his retirement.
24 Jun, 2024, 10.21 PM IST- ADVERTISEMENT
Bata India appoints Meeru Gupta as General Counsel to head it's legal operation Meeru Gupta appointed as general counsel and head of legal at Bata's local subsidiary. She brings over two decades of experience, including roles at Varun Beverages and Philips India.
24 Jun, 2024, 05.32 PM ISTNBFCs need to focus on compliance, risk and liquidity, says RBI executive director R Lakshmi Kanth Rao Non-banking finance companies (NBFCs) were advised by RBI executive director R Lakshmi Kanth Rao to prioritize compliance, risk management, liquidity management, and customer protection. Rao emphasized the regulatory differences between banks and NB...
21 Jun, 2024, 05.14 PM ISTRBI to ease compliance burden while fine tuning regulations to address evolving risks RBI Governor Shaktikanta Das emphasized the importance of strong governance and resilient financial systems at the global conference on financial resilience. Highlighting new guidelines set for release next month, Das noted the need for clear roles ...
21 Jun, 2024, 11.28 AM ISTAxiscades Technologies to supply drone systems to Indian Army under Rs 100 crore order Axiscades Technologies announces a Rs 100 crore order to deliver Man Portable Counter Drone Systems to the Indian Army. The system, capable of operating on battery and main power supply, can detect and jam various drones up to 5 kilometers away. The...
10 Jun, 2024, 01.06 PM ISTAir India announces launch of non-stop services between Bengaluru and London Gatwick from August With Bengaluru becoming the fifth Indian city to be connected to the UK's second-largest airport, Air India has announced that it will start non-stop services between Bengaluru's Kempegowda International Airport and London Gatwick (LGW), starting Au...
07 Jun, 2024, 11.22 AM ISTForex remittances worth Rs 50,000 crore under ED scanner Delhi-based entity made illegal sale of cryptocurrencies, sent proceeds to Hong Kong and Canada. Bank officials too being probed for leaking info, helping accused. The agency has carried out searches on residences of one of the suspects, Manideep Ma...
03 Jun, 2024, 12.07 AM ISTRBI approves a Committee of Executives (CoE) in Tamilnad Mercantile Bank as an interim arrangement RBI approves Committee of Executives in Tamilnad Mercantile Bank as an interim arrangement. CoE comprises S Narayanan, D Ramesh, PR Ashok Kumar. Bank selecting suitable candidates for top post, unclear why Krishnan's successor not selected after 8 m...
02 Jun, 2024, 07.10 PM ISTOrient Electric appoints Ravindra Singh Negi as Managing Director and CEO Orient Electric, part of the $3 billion CK Birla Group, has appointed Ravindra Singh Negi as its managing director and CEO, effective May 31, 2024. Negi, with extensive experience in electrical consumer durables, will guide the company towards susta...
30 May, 2024, 07.44 PM ISTNazara promoter sells 6.38% stake to Plutus Wealth, stock up 4% Today, Mitter Infotech, the promoter of gaming and esports company Nazara Technologies, completed an on-market block deal by selling 48.84 lakh shares, equivalent to 6.38% equity, to Plutus Wealth Management.
27 May, 2024, 10.13 AM ISTAshok Leyland Q4 Results: Net profit jumps 20% to Rs 900.41 crore Revenues from operations in the quarter under review stood at Rs 11,266.69 crore as compared to Rs 11,625.67 crore in the year-ago period.
24 May, 2024, 08.56 PM ISTAshok Leyland Q4 Results: Net profit rises 17% to Rs 934 crore Ashok Leyland reported a 16.73% increase in Q4 net profit to Rs 933.69 crore. FY24 net profit was Rs 2,696.34 crore with a revenue of Rs 45,790.64 crore. Managing Director Shenu Agarwal and Chairman Dheeraj Hinduja expressed optimism about the compa...
24 May, 2024, 02.29 PM ISTStrides Pharma Q4 Results: Firm posts net profit of Rs 10 crore vs loss YoY Strides Pharma Science Ltd reported a net profit of Rs 10.44 crore in Q4 ended March 2024. The company announced Arun Kumar as Executive Chairperson. Consolidated total income was Rs 1,070.49 crore with expenses at Rs 984.21 crore. A final dividend ...
22 May, 2024, 03.27 PM ISTITC's Sanjiv Puri takes over as CII president Puri heads ITC Ltd, a conglomerate with businesses in FMCG, hotels, paperboards & packaging, agribusiness and IT. He is also the chairman of ITC Infotech India Ltd, its subsidiaries in the UK and US and Surya Nepal Private Ltd.
20 May, 2024, 12.26 AM ISTApurva Sahijwani joins Avendus Wealth as MD and CEO Avendus Wealth Management has named Apurva Sahijwani as its new managing director and CEO. Sahijwani, with extensive experience in the financial sector, will oversee the wealth team and utilize Avendus's platform to offer comprehensive advice to cli...
17 May, 2024, 12.37 PM ISTTriveni Turbine Q4 Results: Net profit jumps 37% YoY to Rs 76 crore Triveni Turbine on Thursday posted a 37 per cent rise in consolidated net profit to Rs 76.2 crore in the March quarter, mainly on the back of higher revenues. Its consolidated net profit stood at Rs 55.6 crore in the quarter ended on March 31, 2023...
16 May, 2024, 08.35 PM ISTHoneywell Automation declares Rs 100 dividend along with Q4 results Honeywell Automation’s net profit for the quarter ended March 31, 2024, was reported at Rs 148.2 crore, up 32% YoY from Rs 112 crore for the same period a year ago. Ashish Gaikwad has resigned as MD and Atul Vinayak Pai has been appointed in his pla...
15 May, 2024, 08.27 PM ISTHoneywell Automation India appoints Atul Pai as managing director Honeywell Automation India Ltd (HAIL) appointed Atul Pai as its new managing director, effective May 16. Pai, who has over two decades of experience at Honeywell, succeeds Ashish Gaikwad, who will lead industrial automation for Honeywell Internation...
15 May, 2024, 08.10 PM IST