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Business

UPI Payment System Faces Technical Glitches: NPCI Addresses Partial Disruptions

NPCI addressed technical issues causing partial UPI payment disruptions, stabilizing the system after user complaints. The world's largest payment system processes over 50 crore tr...

Business

Rajneet Kohli Takes the Helm at HUL’s Foods Division: A New Era Begins

Rajneet Kohli, former Britannia CEO, joins HUL as Executive Director, Foods, replacing Shiva Krishnamurthy. Effective from April 7, Kohli's leadership is anticipated to innovate HU...

Business

Sensex Ends 7-Day Winning Streak as Investors Brace for Upcoming US Tariff Announcements

The Sensex ended its seven-day rally as investors engaged in profit-booking ahead of US tariff announcements, with sectors like pharma and IT under pressure. Foreign investors rema...

Business

RBI Slaps Heavy Fines on HDFC and Punjab & Sind Bank for Regulatory Violations

The Reserve Bank of India (RBI) has fined HDFC Bank Rs 75 lakh for KYC norm violations and Punjab & Sind Bank Rs 68 lakh for lapses in reporting and financial inclusion guidelines,...

Business

Wealth Migration: Why 1 in 5 Ultra-Rich Indians Are Planning to Move Abroad for Better Opportunities

A Kotak Mahindra Bank survey highlights that 20% of India's ultra-rich, with assets over Rs 25 crore, plan to move abroad for better investment opportunities, tax benefits, and glo...

Business

Breaking Barriers: Sunil Kakkar Becomes First Indian In-House Director at Maruti Suzuki

Maruti Suzuki India appoints Sunil Kakkar as its first Indian in-house director, a historic move by Suzuki Motor Corporation, balancing the board with six Japanese and six Indian m...

Business

KKR to Offload 10% Stake in JB Chemicals for Rs 2.6k Crore: A Strategic Move?

KKR, through Tau Investment Holdings, is selling a 10.2% stake in JB Chemicals for Rs 2,575 crore via block deals, at a 5% discount to the market price. This move could mark a sign...

Business

Indian IT Sector Braces for Impact Amid Rising US Economic Slowdown Fears

Ashok Soota, chairman of Happiest Minds, discusses the potential impact of a US economic slowdown on the Indian IT sector, while expressing confidence in his company's growth due t...