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.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Chinese EV manufacturers are investing heavily in Morocco to capitalize on US subsidies, despite rules aimed at reducing reliance on China. The move highlights the complexities of the global EV...

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...