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Sylvester daCunha, creator of Amul's 'utterly butterly' girl, passes away

The Amul girl, with a buttered toast in one hand and a prompt one-liner on her lips, has been a commentator on the zeitgeist for 50 years

Sebi cracks down on bulk SMS scam, bars 135 entities from securities market

Impounds Rs 126 cr of wrongful gains; issues notices to over 200 entities

Tamil Nadu govt defends Fintech City contract, says process transparent

Company that won deal for project is not blacklisted, it says after criticism

abrdn Investment exits HDFC Asset Management Company; shares soar 11%

The investment firm sold 21.77 million shares at Rs 1,873 apiece to mop up a total of Rs 4,079 crore.

Compromise with wilful defaulters to help banks recover dues much faster

RBI says compromise settlement is not a new regulation, has been around for over 15 years; But unlike normal defaulters, wilful and fraud accounts barred from availing bank finance for 5 years

Rakesh Bhartia withdraws nomination as Fino PB part time chairman

To continue as board member, RBI yet to approve for chairman

Sebi raps Edelweiss Broking for not reporting suspicious activity

The matter is related to dematerialisation and sale of shares in dormant accounts using forged documents by certain entities between 2008 and 2013

IRDAI moves Supreme Court against SAT's order in Sahara-SBI case

SAT had last week stayed IRDAI's order directing transfer of policy liabilities, entire business as well as well as assets of Sahara to SBI

HMA Agro Industries' IPO subscribed 32% on the first day of issue

HMA Agro Industries is one of India's largest exporters of frozen buffalo meat products and accounts for more than 10% of India's total export of frozen buffalo meat

Proposal to remove non-F&O stock from Nifty Next 50 index put on hold

If the number of index constituents is less than 50, stocks from the Nifty MidCap 50 Index will be considered

Govt appoints SBI MD Janakiraman as RBI deputy governor with 3-year tenure

First SBI MD to helm for the post in more than 20 years

Sebi bans IIFL Securities from onboarding new clients for two years

Brokerage was mixing clients' funds with proprietary funds, says Sebi order

Expenditure on social sector: Turning social safety nets into trampolines

A look back at welfare spending is the first step to understanding Covid impact absorption and darning holes, if any, in the welfare fabric

Reports of missing Rs 500 notes based on erroneous information, says RBI

"The RBI emphasizes that these reports are not correct," the regulator said in a press release

Tamil Nadu woos fintech firms; hopes to raise Rs 12,000 cr for Fintech City

State allots 56 acres for project, aims to create 80,000 jobs

Wall Street job cuts likely to surpass 11K as CEOs unwind hiring binge

Only this week, Citigroup announced its plans to cull 5,000 jobs, mostly in investment banking and trading, by the end of the second quarter

IKIO Lighting makes strong debut on bourses, rises 40% on listing day

The initial public offering of IKIO Lighting was subscribed to 66.3 times

Axis Bank appoints former RBI deputy guv Vishwanathan as non-exec chairman

Vishwanathan joined RBI in 1981 and retired in March 2020 as a Deputy Governor where he handled portfolios including regulation

Google programme to train and support Indian local news publishers

Initiative will support small or medium-sized news organisations in 9 languages

Equitas SFB gets RBI approval to re-appoint Vasudevan as MD, CEO

Reappointment effective from July 23, 2023, lender told BSE