Bandhan Bank shares shot up over 10% after the Reserve Bank of India gave a thumbs up to Partha Sengupta as the new CEO. Analysts think this is a solid move for management stability, especially after the recent leadership shake-ups. Plus, the bank’s loan claims audit wrapped up on a high note, which could help boost its capital.
Noel Tata is the new chairman of Tata Trusts, taking over from his half-brother Ratan Tata, who sadly passed away recently. Everyone was on board with this decision, which marks a big change for the philanthropic side of the Tata group, owning a major chunk of Tata Sons. With Noel's solid experience in the Tata group, he's in a good spot for the job.
With a pretty low arrest rate of just 1% for cybercrimes, India's Ministry of Home Affairs has kicked off a pilot project called Cyber Investigation Assistance Request (CIAR). This project is all about giving state police a hand in dealing with cybercrime better, bringing in cyber experts and legal help to tackle those tricky investigations.
Good Glamm Group just snagged Sirona Hygiene for ₹450 crore in an all-cash deal. This move follows Good Glamm's earlier investment in Sirona and is all about boosting women's wellness products worldwide, with both companies on the same page about innovating in feminine hygiene.
Ratan Tata, a guy who totally loves flying and is a licensed pilot, had a scary near-death experience back in college when his Tri-Pacer aircraft's engine failed. Fast forward a few years, and at 69, he finally got to pilot an F-16, making him the oldest Indian to do it.
Hindustan Zinc and IIT Madras are teaming up to whip up a 1 kWh rechargeable zinc-air battery prototype. This collab is all about boosting zinc battery tech as a budget-friendly and eco-friendly option compared to lithium-ion batteries, tackling some current market issues.
After Ratan Tata's passing, the Shiv Sena, led by Chief Minister Eknath Shinde, is pushing for him to receive the Bharat Ratna posthumously. Leader Rahool Kanal highlighted Tata's humanitarian work and integrity, saying this award would be a great way to honor his legacy.
Ratan Tata, the ex-chairman of Tata Group, sadly passed away at 86. He wanted to be remembered for making a difference in the world. Loads of tributes came in, highlighting his impact on industry and society, showing off his visionary leadership and kind heart.
Ratan Tata, the legendary businessman, has sadly passed away at 86, leading Maharashtra and Jharkhand to hold a day of mourning. The Chief Minister of Maharashtra remembered Tata as a true national treasure. People can pay their respects at the NCPA in Mumbai. TCS has also decided to skip their press conference for Q2 results, opting for a press release instead.
Piyush Goyal got pretty emotional while remembering his good times with Ratan Tata, the late industrialist. He shared a sweet story about a simple breakfast they had together, showing how genuinely grateful and warm Tata was.