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NHB probing Aavas Financiers over loan classification lapses
The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans head at Kotak Mahindra Bank — set to take over. A week later, on April 20, the company confirmed Bhinder's resignation and Singh's appointment as the new CEO.
NHB probing Aavas Financiers over loan classification lapses
The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans head at Kotak Mahindra Bank — set to take over. A week later, on April 20, the company confirmed Bhinder's resignation and Singh's appointment as the new CEO.
Upgrade Product Standards to Take Full Advantage of FTA With UK: Experts to Exporters
The UK's Department for Business and Trade has already launched a nationwide free trade agreement roadshow this week across six cities to prepare British businesses for the agreement's entry into force.
Nipun Aggarwal, Vinod Kannan emerge as frontrunners to lead Air India after Wilson's early exit; final decision pending
As Air India looks to replace CEO Campbell Wilson, two frontrunners, Nipun Aggarwal and Vinod Kannan, have emerged; however, a final decision is pending. According to reports, whoever will take charge will inherit an airline that has been seeing troubled times and is grappled with challenges
SEBI brings back stock market route for company share buybacks from August 2026
Companies will once again be able to buy back their shares directly from the stock market after SEBI approved the reintroduction of the open-market buyback mechanism. The revised framework will take effect from August 1, 2026, with buybacks allowed over a maximum period of 60 days.
RIL aims to generate 40 billion units of green energy every year, Anant Ambani says at AGM
Reliance Industries Ltd. (RIL) executive director Anant Ambani, at the 49th AGM, announced a slew of measures the conglomerate is set to take this fiscal onwards, focusing on building the world's first fully soverign clean energy ecosystem.
NSE IPO: Here's how much early backers of the exchange could garner on selling shares
If NSE is valued between ₹1,800 and ₹2,200 per share, several institutional investors could be sitting on substantial gains. Take a look at the value of their holdings and the cash they could realise through stake sales.
Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role
Hindalco Industries has appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026. He will take over as CEO of the Copper business from March 1, 2027, succeeding Rohit Pathak, who will transition to a new role within the Aditya Birla Group.
'Why argue with someone you don't trust?' Anthropic CEO Dario Amodei appears to take swipe at Sam Altman
Anthropic CEO Dario Amodei has shed fresh light on his decision to leave OpenAI in 2020, suggesting a lack of trust and differing visions played a key role.
Bata India appoints Sanjay Rao as MD & CEO
Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment aims to drive consumer relevance and product strength for Bata India.
EPF Withdrawal Rules 2026: How Much Can You Take Out For Education, Marriage, Home Payout?
EPF withdrawal rules can help you access funds without taking on debt.
Warner Music India, SVF Entertainment Team Up To Take Bengali Music Worldwide
The partnership brings together Warner Music India's international network and SVF Entertainment's strong position in Bengal's entertainment industry.