Aseem Srivastav resigns as CEO of B2C Vertical at Kirloskar Oil Engines; Rahul Sahai named new CEO

Engine oil maker Kirloskar Oil Engines Ltd on Friday (December 6) announced that Aseem Srivastav, Chief Executive Officer of its business-to-consumer (B2C) vertical, will step down from his role on…

Larsen & Toubro wins tribunal case, ₹702 crore customs demand quashed

Engineering and construction conglomerate Larsen and Toubro (L&T) on Friday (December 6) said it has successfully overturned a ₹702 crore customs duty demand following a favourable ruling from the Central…

HSBC private banking and wealth head to depart in CEO Georges Elhedery’s latest reshuffling

HSBC Holdings Plc said Annabel Spring, the lender’s global head of private banking and wealth, would depart after it decided to split up her role in the latest management shake-up…

Intel names two chip industry veterans to its board amid CEO search

Intel on Thursday named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top boss following the recent ouster of Pat Gelsinger and…

Short, Sweet, and Powerful: The Marketing Revolution on YouTube Shorts

The way we watch content has completely transformed. From flipping through newspapers and tuning in to TV shows at specific times to now bingeing hours of video on our phones,…

RBI urges banks to act swiftly on unclaimed deposit accounts

RBI Governor Shaktikanta Das on Friday, December 6, urged banks to act promptly on unclaimed deposit accounts. While announcing the Monetary Policy Committee (MPC) decisions, he referenced a recent RBI…

RBI allows higher interest rates on FCNR deposits to attract foreign inflows

The Reserve Bank of India (RBI) has increased the interest rate cap on Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits. Banks can now offer rates up to the Overnight Alternative Reference…

GPT Healthcare signs MoU for construction, finishing of a hospital building at Jamshedpur

GPT Healthcare Ltd on Thursday (December 5) said it has entered into a Memorandum of Understanding (MoU) and Letter of Intent (LoI) with Naveen Singh and other lessors to construct…

RITES secures ₹148.25 crore project management contract for IIM Raipur Phase II Campus

State-owned RITES Ltd on Thursday (December 5) said it has been appointed as the Project Management Consultant (PMC) for the development of the Phase II campus of the Indian Institute…

Top Stories | Devendra Fadnavis returns as Maharashtra CM, RBI repo rate decision tomorrow, Bitcoin tops $100k mark and more

In a grand ceremony at Mumbai’s Azad Maidan, Devendra Fadnavis took oath as Maharashtra’s Chief Minister. Alongside him, Eknath Shinde and Ajit Pawar were sworn in as Deputy CMs. The…