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Chairman's exit a 'challenging event' that raised governance questions: HDFC Bank CEO
In his annual letter to shareholders, Sashidhar Jagdishan noted that an independent probe by Indian and US law firms found no basis for Atanu Chakraborty's allegations regarding internal bank practices.
E20 Petrol: Why India wants ethanol blending and what are your worries? Key questions answered
The Ministry of Petroleum released FAQs to clarify the Ethanol Blended Petrol Programme. India's ethanol blending targets were met through improved governance and planning. Automakers were consulted on E20 fuel compatibility and vehicle performance. Ethanol prices are fixed to ensure fair returns to farmers. The EBP Programme has saved forex and reduced carbon emissions significantly.
Hexaware Technologies appoints Srinivasan Panchapakesan as President and Chief Platform Officer
Srinivasan will lead the development, integration, and scaling of Hexaware's platform portfolio, which includes Amaze for cloud modernization, RapidX for AI-accelerated software engineering, Tensai for agentic IT operations, and Agentverse for enterprise AI agents. He will also deepen the company's work with its AI ecosystem partners across the AI-native software development lifecycle. Additionally, he will oversee the roadmap, governance, and enterprise-scale adoption of Hexaware's unified platform portfolio.
Swiggy's foreign shareholding falls below 50%: What it means for investors
Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial maintains a 'Reduce' rating with an unchanged target price.
VL E-Governance & IT Solutions Ltd Slips 4.49%
VL E-Governance & IT Solutions Ltd has lost 22.46% over last one month compared to 5.64% fall in BSE Information Technology index and 4.98% rise in the SENSEX
Is enforcement of banking regulations ownership neutral?
Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout, wiping out a quarter of its projected profit, raises serious questions about the bank's governance and disclosure practices. The settlement, reached without admitting fault, highlights a perceived leniency in regulatory oversight for state-owned banks compared to private institutions, prompting calls for more equitable enforcement.
Is enforcement of banking regulations ownership neutral?
Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout, wiping out a quarter of its projected profit, raises serious questions about the bank's governance and disclosure practices. The settlement, reached without admitting fault, highlights a perceived leniency in regulatory oversight for state-owned banks compared to private institutions, prompting calls for more equitable enforcement.
Maharashtra Notifies New Housing Society Rules: Here Are The Key Changes For Flat Owners
The changes bring greater clarity on maintenance charges, succession, virtual meetings, self-redevelopment and society governance.
Tax department steps up scrutiny of charitable trusts over disclosure mismatches
The Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governance information. This intensified scrutiny follows the detection of discrepancies in filings with various regulators. Hundreds of trusts, particularly those receiving foreign funds, are facing queries to ensure money is used solely for approved charitable purposes, enhancing data for tax assessments.
HDFC Bank shares down 20% in 2026 so far. Time to buy as the governance cloud clears up?
HDFC Bank shares have plunged 20% this year amid governance concerns, sparked by a former chairman's resignation. The bank has since appointed a new part-time chairman and key financial officers. While leadership is strengthening and operations are improving, analysts advise caution against trying to time the bottom, suggesting other banks might offer better immediate value. The stock's future hinges on the CEO's reappointment and regulatory outcomes.
SHE-LEAPS Digital Platform Boosts Rural Women's Enterprises with Real-Time Tracking and Support for the Lakhpati Didi Mission
SHE-LEAPS captures real-time operational data across sectors and tracks the complete livelihood journey. The platform supports every stage, from profile creation to enterprise performance tracking. It further strengthens digital monitoring, improves governance and enables better planning, intervention and informed policy decisions.
Zee Entertainment Shares Jump 5% In Trade — What's Driving The Rally?
The investment is seen as a notable development given Invesco's history with Zee. The fund was once the company's largest shareholder, holding an 18% stake, before a high-profile corporate governance dispute led to its gradual exit.