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Friday, December 27, 2024
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Kanika Sharma

Kanika Sharma

Kanika Sharma

Senior Sub-Editor

HSBC Appoints Pam Kaur As First Female CFO, Announces Major Restructuring

HSBC Appoints Pam Kaur As First Female CFO, Announces Major Restructuring

October 22, 2024

On Tuesday, HSBC Holdings announced a significant restructuring plan under new CEO Georges Elhedery, which will merge certain commercial and investment banking operations. This initiative aims to cut costs while improving returns. Elhedery stated in a memo to staff that the new leadership structure, which includes the appointment of Pam...

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UDAN Scheme Helps Improve Passenger Footfall At Mysore Airport: Airport Director

UDAN Scheme Helps Improve Passenger Footfall At Mysore Airport: Airport Director

October 22, 2024

Anoop JR, the Director of Mysore Airport, announced that the UDAN (Ude Desh Ka Aam Nagrik) scheme has significantly revitalized the airport, leading to increased flight operations and improved facilities. Celebrating the 8th anniversary of the scheme, he noted that it was launched at Mysore Airport in 2017 and has...

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Microsoft To Let Clients Build AI Agents For Routine Tasks From Nov

Microsoft To Let Clients Build AI Agents For Routine Tasks From Nov

October 21, 2024

Microsoft is set to enable its clients to create autonomous AI agents starting next month, as part of its strategy to capitalize on the growing demand for AI technologies amidst increasing scrutiny of its significant investments in the sector. The company is promoting these autonomous agents—programs that require minimal human...

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NCLAT Upholds Order To Allow Govt To Takeover Delhi Gymkhana Club’s Mgmt

NCLAT Upholds Order To Allow Govt To Takeover Delhi Gymkhana Club’s Mgmt

October 21, 2024

The National Company Law Appellate Tribunal (NCLAT) has upheld an order permitting the central government to take control of the management of the Delhi Gymkhana Club. This decision comes after the appellate tribunal dismissed a petition from former management members challenging the earlier ruling by the Principal Bench of the...

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Expect Apology, Cannot Treat Judicial Officers As Subordinates: SC

Expect Apology, Cannot Treat Judicial Officers As Subordinates: SC

October 21, 2024

The Supreme Court criticized the Finance Ministry on Monday for treating the judicial staff of the Debt Recovery Tribunal (DRT) as subordinates, demanding an explanation for the ministry's request for DRTs to collect extensive data on short notice. The court expressed surprise that the DRTs were tasked with gathering significant...

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Bajaj Housing Finance Q2 Results: Net Profit Rises 21% To Rs 546 Cr

Bajaj Housing Finance Q2 Results: Net Profit Rises 21% To Rs 546 Cr

October 21, 2024

Bajaj Housing Finance, a non-banking financial company (NBFC), reported a 21% year-on-year increase in net profit for the second quarter of FY25 (Q2FY25), reaching ₹546 crore, up from ₹451 crore in Q2FY24. This marks the company's first quarterly earnings report since its equity capital market listing in September 2024. Total...

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Membership Drive: 61% Of Those Who Joined BJP Aged Below 35

Membership Drive: 61% Of Those Who Joined BJP Aged Below 35

October 21, 2024

BJP MP and national spokesperson Sambit Patra announced on Monday that 61% of those who have joined the party during its current membership drive are under the age of 35. This information was shared by BJP President J.P. Nadda during a meeting of party leaders at the headquarters, where they...

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Bay Of Bengal Cyclone 25 Teams Of NDRF On Standby In Odisha WB

Bay Of Bengal Cyclone 25 Teams Of NDRF On Standby In Odisha WB

October 21, 2024

The National Disaster Response Force (NDRF) has positioned 14 teams in West Bengal and 11 teams in Odisha on standby as a cyclonic storm approaches the Bay of Bengal, expected to make landfall between Puri and Sagar Island on Thursday. This information was shared in a government statement on Monday....

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Chhattisgarh To Start Paddy Procurement At MSP From November 14

Chhattisgarh To Start Paddy Procurement At MSP From November 14

October 21, 2024

The Chhattisgarh government will commence paddy procurement at the minimum support price (MSP) starting November 14. This year, the state has set an ambitious target of procuring 16 million tonnes (mt) of paddy, which requires around 800,000 bales of rice. Chhattisgarh is one of the few states in India that...

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Enough Pollution In Delhi, Can’t Allow Sale Of Firecrackers: Delhi High Court

Enough Pollution In Delhi, Can’t Allow Sale Of Firecrackers: Delhi High Court

October 21, 2024

The Delhi High Court stated on Monday that it cannot permit the sale of firecrackers given the existing pollution levels in the national capital. This remark was made during a hearing regarding a petition from the 'Delhi Fireworks Shopkeepers Association,' which represents traders holding a "permanent" license to possess and...

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