RBI cancels Paytm Payments Bank licence; to approach High Court MUMBAI: RBI on Friday cancelled the banking licence of Paytm Payments Bank with immediate effect, prohibiting it from carrying out any banking business and setting in motion the process for winding up, even as the entity had already been reduced to a runoff institution after…
KOLKATA: The Election Commission on Friday ordered the immediate suspension of five police officers in Diamond Harbour Police District for alleged misconduct and failure to maintain neutrality in course of the Bengal assembly elections.The suspended officers are Sandip Garai, Additional SP, Sajal Mondal, SDPO, Mausam Chakraborty, IC, Diamond Harbour Police Station; Ajay Bag, IC of…
BENGALURU: Headcount is passé, outcomes are the new currency. India’s top five IT services firms witnessed net workforce contraction in FY26, reversing the modest hiring recovery a year earlier, as demand uncertainty, delayed decision-making and AI-led efficiency gains weighed on headcount.The traditional fresherheavy pyramid is being reshaped. A people-plus-AI model is upending its foundation, putting…
‘Their operational influence already diminished’: AAP’s 2022 strategists who cracked ‘Punjab code’ out CHANDIGARH: The exit of seven Aam Aadmi Party Rajya Sabha MPs has dealt the party a symbolic blow in Punjab, with two of its backroom strategists – Sandeep Pathak and Raghav Chadha – quitting the party ahead of the 2027 assembly elections,…
PUNE: Union Finance Minister Nirmala Sitharaman on Friday said that banks should continue to have a human interface while serving the customers despite the massive continuing thrust on digitisation.“Digitisation should happen. It brings in greater inclusivity. But as this digitisation is happening we should ask ourselves whether we are getting distant from our customer base,”…
Apple CEO Tim Cook this week announced his decision to step down as Apple CEO and that John Ternus will be taking over. The announcement is a huge shift for Apple as Tim Cook has been CEO of Apple since taking over for Steve Jobs in 2011. During Cook’s tenure as CEO, Apple has grown…
MUMBAI: Belgium’s top insurer present in life and non-life in India aims to break into the top 10, and will also explore acquisition opportunities as they arise, deepening its commitment to one of its fastest growing markets. The strategy builds on earlier moves, including becoming the first insurer in India to hold over 70% in…
KL Rahul poised to overtake MS Dhoni KL Rahul is on the verge of a major milestone in IPL history as he needs just 13 runs in tonight’s clash against Punjab Kings to overtake MS Dhoni and become the sixth-highest run-scorer in the tournament’s history.Rahul heads into the contest with confidence, having recently played a…
Majiwada is a prime residential location known for its strategic position at the junction of major highways. It offers excellent connectivity and is close to prominent malls like Viviana and Korum. The area features luxury apartments and is supported by strong commercial and social infrastructure. Thane’s transformation into a luxury residential hub is clearly reflected…
NEW DELHI: India and the US made positive progress during three-day trade talks in Washington this week, with both sides agreeing to remain engaged to sustain the momentum going forward, govt said on Friday.About a dozen officers from India were in Washington during April 20-22 to hold discussions with the US authorities on finalising the…