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Representative image | Photo Credit: Getty Images/iStockphotos Ashok Vaswani, Managing Director & CEO of Kotak Mahindra Bank (KMB) has informed the Board of the Bank that, for personal reasons, he does not wish to seek re-appointment upon completion of his current term on December 31, 2026. “The Board has, at its meeting held today [Saturday] respected…
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Assam Chief Minister Himanta Biswa Sarma. | Photo Credit: PTI GUWAHATI The Assam government has included tea and plantation class landholdings in the farmers’ registry portal, which Chief Minister Himanta Biswa Sarma said would prove to be a “game-changing” move for small tea growers (STGs) in the State. He said the facility, formalised on June…
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Adani Group has consistently denied wrongdoing. File. | Photo Credit: Reuters A U.S. judge on Friday (June 25, 2026) ordered the Justice Department to justify its decision to drop criminal charges against billionaire Gautam Adani, declining to rule immediately on Adani’s lawyers’ request earlier in the week to formally dismiss the case. Mr. Adani was…
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Anil Ambani, former chairman of the Reliance Anil Dhirubhai Ambani Group. File | Photo Credit: Reuters India’s financial markets regulator has rejected applications by industrialist Anil Ambani and his corporate group to settle allegations of misusing almost $700 million of company funds, documents reviewed by Reuters show. The Securities and Exchange Board of India last…
Read More “SEBI rejects Anil Ambani settlement request over Reliance Infrastructure” »
Anil Ambani, former chairman of the Reliance Anil Dhirubhai Ambani Group. File | Photo Credit: Reuters India’s financial markets regulator has rejected applications by industrialist Anil Ambani and his corporate group to settle allegations of misusing almost $700 million of company funds, documents reviewed by Reuters show. The Securities and Exchange Board of India last…
Read More “SEBI rejects Anil Ambani settlement request over Reliance Infrastructure” »
Image used for representational purposes. File | Photo Credit: Reuters Several middlemen have offered Indian refiners discounted Iranian oil as Tehran looks to expedite sales after Washington’s temporary sanctions waiver, Indian refining sources said. On Monday (June 22, 2026), the United States waived sanctions on Iran for 60 days after the first talks under a…
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“The observations will be addressed within the stipulated timeline,” the generic drugmaker said. File | Photo Credit: Getty Images/iStockphoto The U.S. Food and Drug Administration (USFDA) has issued seven observations to the biologics manufacturing facility of Dr. Reddy’s Laboratories in Bachupally, Hyderabad. “A Form 483 with the seven observations was issued to the facility on…
“The collaboration marks an important step in strengthening Sri Lanka’s healthcare ecosystem and building sustainable pharmaceutical capabilities for the future,” Zydus Lifesciences managing director Sharvil P. Patel. Photo: Special Arrangement Zydus Lifesciences and Sunshine Healthcare Lanka have formed a joint venture to establish a $20 million pharmaceutical manufacturing facility in Sri Lanka. Foundation stone of…
According to the official notification, the relaxation would apply to the QCOs on toys, personal protective footwear, air conditioners, rubber footwear, electric water heaters, washing machines, hinges, furniture, and electrical safety equipment. (File photo used for representational purpose only) | Photo Credit: Getty Images/iStockphoto The Union government has eased the most stringent aspects of the Quality…
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The six largest audit firms in India by number of clients, audited 66% of the Nifty 500 companies as of 2025-26 according tot data from Primedatabase. EY, KPMG, Deloitte, GT Group, BDO Group and PWC Group including their associates consulted 8% more companies at 779 clients in 2025-26 from 722 last year. BDO Group including…
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