Former IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit against the bank in the Bombay High Court, alleging wrongful termination. Jain seeks ₹20 crore for lost earnings and ₹50 crore for reputational damage and mental trauma. The suit…
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Sebi has proposed easing securitisation norms, including relaxing the 25% single borrower exposure cap, to align with RBI regulations for entities governed by central bank rules. The regulator also suggested shifting disclosure responsibilities to the servicer and modifying governance for…
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Seven people, including top executives from manpower companies, have been arrested in Chhattisgarh. The arrests are linked to alleged irregularities in overtime payments at CSMCL during the previous Congress government. Investigations reveal nearly Rs 115 crore was disbursed under the…
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India’s commercial vehicle (CV) segment reported a mixed performance in April 2026, with strong domestic demand supporting growth across major manufacturers, while export pressures and segmental weakness weighed on overall momentum, according to the monthly sales data released by companies.
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India’s net direct tax collections reached over Rs 23.40 lakh crore in fiscal year 2025-26. This marks a 5.12 per cent increase from the previous year. However, the collections fell short of the revised government target for the fiscal. Corporate…
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Hoesch’s appointment comes at a time when the domestic aviation industry is sharpening its focus on AI to enhance efficiency amid pressure on operating costs especially high jet fuel prices.
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