Dhanlaxmi Bank has appointed Ajith Kumar KK as its Managing Director & CEO, effective June 20, 2024. Kumar brings over 36 years of banking experience from Federal Bank.

Dhanlaxmi Bank has appointed Ajith Kumar KK as its MD and CEO for a three-year term. He currently serves as the Chief Human Resources Officer at Federal Bank.

Dhanlaxmi Bank reported a significant drop in net profit to Rs 3 crore in Q3 FY24, down from Rs 22 crore a year ago. The bank's total income, however, increased. Read more.

The Reserve Bank of India (RBI) has imposed penalties totaling Rs 2.49 crore on Dhanlaxmi Bank, Punjab and Sind Bank, and ESAF Small Finance Bank for non-compliance with regulatory norms.

The Indian government has asserted that India's mobile tariffs are among the lowest globally, dismissing Congress's claims about recent mobile tariff hikes. The ministry says the market...

Quant Mutual Fund sold 18.62 lakh shares of HEG for Rs 421 crore through open market transactions on the BSE and NSE. The shares were sold at an average price of Rs 2,260 per piece.

Fortis Healthcare has appointed Prem Kumar Nair as the Vice-Chairman of the board. Nair was recently appointed Group Chief Executive Officer of IHH Healthcare.

The market capitalization of BSE-listed companies reached an all-time high of ₹449.88 lakh crore on Friday, despite the Sensex slipping marginally. Read more to learn about the factors...

The Indian government has notified rules under the Telecom Act, making only Secretary level officials eligible for the Trai Chairman post. The new rule restricts sector experts with professional...

The Indian government has asserted that India's mobile tariffs are among the lowest globally, dismissing Congress's claims about recent mobile tariff hikes. The ministry says the market...

EU official explains Carbon Border Adjustment Mechanism (CBAM) aimed at fair trade and global decarbonization, sparking discussions with India on its impact on Indian industries.

Quant Mutual Fund sold 18.62 lakh shares of HEG for Rs 421 crore through open market transactions on the BSE and NSE. The shares were sold at an average price of Rs 2,260 per piece.

Fortis Healthcare has appointed Prem Kumar Nair as the Vice-Chairman of the board. Nair was recently appointed Group Chief Executive Officer of IHH Healthcare.

Coforge, an IT company, has acquired a 17% stake in Cigniti Technologies for Rs 645 crore through open market transactions. The acquisition follows an earlier purchase of an 11% stake and Coforge's...