Private sector lender ICICI Bank on Saturday reported a 34.2 percent rise in its independent profit after tax (PAT) to Rs.8,312 crore in the quarter ended December 2022 compared to Rs.6,194 crore in the same quarter last year. Net Interest
Private lender Yes Bank said on Saturday it had “strong reason” to appeal to the Supreme Court against the Bombay High Court order upholding the RBI-appointed administrator’s 2020 decision to write off the additional Tier I bonds (AT1) had set
The Directorate-General for Civil Aviation (DGCA) has fined Air India 30 lakh, the aviation regulator said in a statement on Friday. Aviation regulators have also fined Air India’s chief of inflight services 3 lakh and suspended the pilot-in-command’s license for
Wipro has issued termination letters to all affected employees, stating that despite adequate training, they have not performed. The company has waived Rs 75,000 training costs that employees had to pay. Commenting on the development, the IT giant made it
Union Home Secretary Amit Shah said Friday Indian security agencies have successfully established their supremacy and no one can ignore the country in any area anymore or stop anyone from advancing. Speaking at the
The Securities and Exchanges Board of India (SEBI) has amended the Listing Obligations and Disclosure Requirement (LODR) rule to bring all senior management of listed companies within the scope of LODR and align with the Companies Act 2013. The changes
The Financial Times’ chief economic commentator, Martin Wolf, said Thursday in no uncertain terms that India will be the fastest growing of the major economies in the next 10 to 20 years. He spoke at one of the panel discussions
Robust mobile and internet connectivity has greatly helped India expand financial inclusion, while a diverse network of bank correspondents and micro-ATMs has ensured last-mile reach, Chairman Dinesh Kumar Khara said on Thursday. Speaking at a session on “Financial Inclusion Beyond
Air India on Thursday suspended accused Shankar Mishra for four months in connection with the urination of passengers on November 26, 202. He was arrested by Delhi police from Bengaluru on January 6, 2023. Mishra was accused of allegedly urinating
He also provided two anecdotes about current use cases of GPT technology. The first is a veteran Silicon Valley programmer who increased productivity by 80% by using the model to write better code, faster. The second was an Indian farmer