MUMBAI: Kotak Mahindra Bank said on Saturday that its wholly-owned subsidiary Kotak Mahindra Capital Company (KMCC) will sell close to 31% stake in Infina Finance – a capital market lending arm – to a group of investors including the estate of Rakesh Jhunjhunwala through Aryaman, Aryavir, and Nishtha Jhunjhunwala Discretionary Trusts, Derive Trading and Resorts,…
MUMBAI: HDFC Bank‘s interim chairman Keki Mistry said the bank’s management reviews every issue and takes corrective action. His comments come in the wake of the sudden resignation of former chairman Atanu Chakraborty three days ago, citing misalignment between certain practices and his values and ethics.Chakraborty’s exit has been marked by investor anxiety, sharp market…
HDFC Bank CEO and MD Sashidhar Jagdishan said in an interview with TOI that there were matters on which he and the former chairman agreed to disagree, and these were dealt with maturity on the board, and his resignation came as a surprise. However, Chinese whispers gave these a dramatic flavour outside.When did you come…
MUMBAI: Construction and engineering giant Larsen & Toubro, which has been operating in West Asia (WA) for over three decades, said a small portion of its regional projects has been affected by the ongoing geopolitical crisis. Deputy managing director Subramanian Sarma said 5% of L&T’s West Asia projects, mainly those near sensitive areas such as…
In a hugely provocative statement, Abdul Basit, former high commissioner of Pakistan to India, has said that striking Indian cities like New Delhi and Mumbai should be Islamabad’s “default move” if the country comes under attack from the US.“America won’t attack Pakistan’s nuclear arsenal. Even if we believe that in a hypothetical situation, America attacks…
US treasury secretary Scott Bessent on Sunday said the United States has “plenty of money to fund” its war against Iran, asserting that President Donald Trump is keeping “all options on the table” amid the ongoing Middle East conflict.Speaking to NBC News, Bessent defended the administration’s actions, saying Trump acted within his legal authority. “President…
Nobody is a perfect robot, and trying to sound like one in an appraisal actually makes you look less trustworthy. A strong review owns the hurdles. If a project took longer than expected or you fumbled a new software roll-out, mention it—but quickly pivot to the lesson learned. Try this: “I struggled with prioritizing multiple…
SRINAGAR: As hundreds of people gathered in Leh to welcome environmental activist and Leh Apex Body (LAB) member Sonam Wangchuk after his release from jail, he struck a conciliatory tone on Sunday, urging the Union govt to ensure that forthcoming talks with Ladakhi leaders are based on a “win-win” approach for both Ladakh and the…
Air travel can be exhausting, especially when you’re juggling work, childcare, and the chaos of getting everyone to the airport on time. One parent described a recent late‑night flight after a draining day of packing meals, managing a toddler’s bedtime, and coping with jet lag—only to have their partner suddenly want to have a “deep…
Shyam Sankar, Chief Technology Officer, Palantir America’s factory floor is about to get a high-tech adrenaline shot, and this might just save the free world from a shooting war with Beijing. Shyam Sankar, Chief Technology Officer of defense technology ginat Palantir, has a message for all the Doomsayers claiming robots are coming for your jobs….