Latest Updates Around The World
A view of a unit of Hotel Hyatt Regency in Chandigarh. | Photo credit: AKHILESH KUMAR Hyatt Hotels expects to grow its footprint in India fivefold over the next five years, its CEO said on Friday, as the US hotel operator bets on a surge in domestic travel and rising consumer spending in the world’s […]
The British multinational consumer goods maker said the “fundamental” aspects of its business in India, its second-largest market after the US, are improving. In the fourth quarter, Unilever, in the home care segment, reported underlying sales growth of 4.7 percent, along with volume growth of 4 percent, which the company said was supported by “continued […]
MD, CEO and Executive Director Hardeep Singh Ahluwalia Canara Bank is recalibrating its credit mix to protect profitability from faster rate revisions due to rate cuts, leaning more heavily on high-margin retail, agricultural and SME loans, even as corporate lending remains selective. With almost half of the loan portfolio linked to the repo rate, MD, […]
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Fino Payments Bank, director Rishi Gupta Fino Payments Bank, which on Friday became the first payments bank to get an ‘in-principle approval’ to convert into a small finance bank (SFB), will sell its business correspondent (BC) business in the future, MD and CEO Rishi Gupta said. business line . The sale is being made to […]
Anubrata Biswas, MD and CEO | Photo credit: cueapi Airtel Payments Bank aims to attract 30 million savings bank account (SBA) users who transact monthly (MTU) on its platform by the end of FY26, MD and CEO Anubrata Biswas said. business linee. Over the past two years, the payment bank’s MTU base has more than […]
Earlier this year, Indusind had announced the $ 230 million hit on his accounts for the financial year ending on 31 March 2025 for years of miscounting of internal derivatives. | Photocredit: Anushree Fadnavis Indusind Bank called Viral Damania on Monday as Chief Financial Officer and marked a new important leadership agreement in almost a […]
Nvidia CEO Jensen Huang admitted on Wednesday that the chip maker is imprisoned in the cross-firing fire war in the US and China and said that Washington and Beijing have “had larger agendas to train” while the company is struggling to balance the rising worldwide demand for his AI chips with the plumbing of his […]
Mozes Harding, President and CEO of Indusind International Holdings, the promoter of Indusind Bank said that the resolution to appoint two candidate directors in the bank council was an eye on appropriate laws and governance. | Photocredit: Anushree Fadnavis Shareholders of Indusind Bank have rejected a resolution with which its promoters can appoint two candidate […]
Sanjay Agarwal, director and Chief Executive Officer, Au Small Finance Bank AU Small Finance Bank (AU SFB) will transfer the shareholding of its promoter and promotor group -currently at nearly 23 percent -a non -operative financial holding (NOFHC), as part of its transition to a universal bank, MD & CEO Sanjay Agarwal told reporters here […]
