IndusInd Bank on Sunday said accounting lapses in the derivative portfolio will cost the bank Rs 1,960 crore in FY25. Photograph: Anushree Fadnavis/Reuters A bank-appointed external auditor has determined cumulative adverse accounting impact on P&L at Rs 1,959.98 crore as
Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week,
With 5,500 pieces, the art museum at Mumbai’s T2 is one of Asia’s largest public art projects. Ahead of World Heritage Day, a walk through its mural-filled corridors. Photographs: Rajesh Karkera/Rediff Unless they miss a flight or two, many of
Algorithmic management (AM) in India has led to a decline in job quality, with “clear” evidence of increased monitoring, surveillance and work intensity, noted International Labour Organisation (ILO) in its latest report. Illustration: Uttam Ghosh/Rediff Citing a 2024 joint study
Google is likely to rejig the roles of some of the engineering talent from its Hyderabad and Bengaluru offices and move some of its employees to more revenue-generating projects instead of letting them go for now, sources told Business Standard.
Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks. Photograph: Soo Hoo Zheyang/Reuters Though the recent volume of most
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). IMAGE: Skoda’s new SUV, the Kylaq. Image used for representation purpose only.
India’s forex reserves jumped $8.31 billion to $686.14 billion for the week ended April 18, the RBI said on Friday. Illustration: Dado Ruvic/Reuters This is the seventh consecutive week of a rise in the kitty, which had jumped by $1.57
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance
Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. Photograph: ANI Photo The country’s
