MUMBAI: IndusInd Bank will take a charge of Rs 1,956 crore in the fourth quarter of FY25 to correct longstanding discrepancies in its derivatives valuation. The private lender also plans to hold employees accountable for the lapses that inflated its reported profits over several years.In a disclosure to stock exchanges, the bank said that an…
Representative image (AI) AGRA: Police have arrested the self-proclaimed ‘gau rakshak’ (cow vigilante) who allegedly shot dead a biryani seller in Agra’s Tajganj area on Wednesday night and later claimed in a video that it was a retribution for the Pahalgam attack.Agra police commissioner Deepak Kumar said in the video, the suspect had identified himself…
RCB’s Krunal Pandya and Tim David exchange handshakes with Delhi Capitals captain Axar Patel. (ANI Photo) Royal Challengers Bengaluru (RCB) continued their impressive IPL 2025 campaign with a six-wicket victory over Delhi Capitals (DC) on Sunday, while Mumbai Indians (MI) extended their winning run with a dominant 54-run win over Lucknow Super Giants (LSG).Go Beyond…
Indian-origin executive Tejpaul Bhatia (In middle) In a major leadership change just weeks prior to an Indian astronaut launching on a historic mission, Axiom Space announced Indian-origin executive Tejpaul Bhatia as its new Chief Executive Officer.Bhatia, formerly the Chief Revenue Officer of the Houston-headquartered firm, joins at a time of great importance. Group Captain Shubhanshu…
MUMBAI: Geopolitical tensions between India and Pakistan, in the backdrop of the Pahalgam terror attack, trading trends by foreign funds, quarterly results by companies in India and the US, and trading trends in the US markets will decide how investors on Dalal Street behave in the truncated trading week. The volatile nature of Indo-Pak relations,…
CHENNAI: The DMK govt in Tamil Nadu got two controversial cabinet members to resign Sunday – electricity and excise minister V Senthil Balaji, whom Supreme Court gave an ultimatum last week to either exit or forfeit bail in a money laundering case, and forest minister K Ponmudy, in the dock for his purportedly disparaging remarks…
PANAJI: Pakistan is on the verge of splitting into two as Balochistan makes its final push towards independence, Goa CM Pramod Sawant predicted to a gathering of BJP workers on Sunday. He also reassured them that PM Narendra Modi would “100% take revenge on Pakistan” for the April 22 Pahalgam attack.Sawant said that unlike Pakistan,…
Mumbai Indians players after the win at Wankhede stadium. (Pic credit: IPL) NEW DELHI: Five-time champions Mumbai Indians etched their name deeper into Indian Premier League history on Sunday, becoming the first team to register 150 victories in the tournament’s history. Under the leadership of Hardik Pandya, MI cruised past Rishabh Pant’s Lucknow Super Giants…
Black Hawk pilot Rebecca Lobach took one of the series of missteps that led to the Jan 29 crash in Washington. On January 29, the US saw its worst aviation tragedy when a Black Hawk helicopter collided with an American Airlines plane over the Potomac River near Ronald Reagan National Airport, killing everyone on both…
NEW DELHI: Lightspeed venture capital-backed Sarvam AI will develop India’s first AI platform in six months, the company’s founder said on Saturday.Union minister Ashwini Vaishnaw announced the selection of Sarvam AI to develop India’s first GenAI platform. “We are confident that Sarvam’s models will be competitive with global models,” Vaishnaw said.The minister asked for a…
