MUMBAI: As the global markets enter the fourth week of the war in West Asia, in the domestic market oil & gas, banking and auto stocks are expected to be the main focus of Dalal Street investors in the new but truncated trading week. During the first three weeks, as crude oil prices jumped about…
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,…
Although the concept seems like something from science fiction, science is rapidly adopting it. Researchers have started creating ‘cyborg cockroaches,’ which are live insects equipped with tiny electronic ‘backpacks’ that allow them to navigate areas that are too small or hazardous for humans. The potential application of this discovery in pipeline inspection, where these insects…
MUMBAI: The recent steep rise in the price of gold has catapulted the total estimated value of the yellow metal with Indian households to over $5 trillion, pegging it at about 125% of the country’s GDP. However, this massive gold purchase year after year “represents a conversion of financial savings (bank deposits) into physical assets….
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…
The Empire State recorded 8,314 UFO sightings since 1974, or one for every 1,003 residents. Delaware holds the top spot.New York has climbed two places to rank third among the most likely states in the United States for alien abductions, according to Casino.ca’s annual ranking published to mark National Alien Abduction Day on 20 March….
NEW DELHI: The proposed India-EU free trade agreement (FTA) is expected to improve access to technology and create new opportunities for localisation and exports, Skoda Auto Volkswagen India MD and CEO Piyush Arora told TOI. “The FTA strengthens our strategy of developing products in India for the Indian market, while also creating opportunities for exports……
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…
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…
MUMBAI: South Indian Bank has appointed Jose Joseph Kattoor as non-executive part-time chairman (independent director) for a term of three years, after receiving approval from Reserve Bank of India on Feb 3, 2026. Jose Kattoor succeeds V J Kurian, who completed his tenure on Sunday. Kurian had been associated with the bank’s board since 2018…