Kotak Bank COO Nagnur quits, second exit after Vaswani joined as chief executive
The New Indian Express Kottayam|January 04, 2025
KOTAK MAHINDRA BANK, which is under serious regulatory curbs since April last year for not fortifying its tech-architecture and has been banned from any online/mobile app-based services, has said Milind Nagnur, its chief technology officer who is also its chief operating officer, has resigned from the bank.
ENS ECONOMIC BUREAU @Mumbai

This is the second senior level resignation from the bank after the new CEO, Ashok Vaswani, was chosen by the RBI in January 2024 to replace the founder Uday Kotak who was forced to resign in October 2023, 15 months ahead of his term was to end.

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The New Indian Express Kottayam

Israel frees 90 captives; palpable relief, fear in Gaza

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The New Indian Express Kottayam

MRPL Reports 28% Decline in Net Profit to ₹304 Crore

Mangalore Refinery and Petrochemicals Limited (MRPL) reported a 28% decline in its net profit to ₹304 crore for the third quarter of FY25.

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1 min  |
January 21, 2025
The New Indian Express Kottayam

Greeshma looked impassive as sentence was pronounced

GREESHMA remained impassive as the Neyyattinkara Additional Sessions Court sentenced her to death on Monday. She stood motionless, her head bowed, as the judge delivered the verdict and observations. The third-accused, Nirmalakumaran Nair, who was sentenced to three years in prison, also looked expressionless.

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1 min  |
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The New Indian Express Kottayam

IT cos see revival in discretionary demand, deal wins

IT services companies have now started witnessing early signs of revival in discretionary spending and CEOs of top IT companies are optimistic about strong deal wins in coming quarters.

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1 min  |
January 21, 2025
The New Indian Express Kottayam

High command will decide on CM

ENDING all debates over the CM post, the just concluded Congress Political Affairs Committee in a statement categorically declared that it is the party high command which decides the CM.

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January 21, 2025
The New Indian Express Kottayam

From draught-prone village to WHIL: Rutuja Pisal story

IF you wish to visit Rutuja Pisal's village from Pune and opt to use the public vehicle, you have to get to Phaltan—a town in the northeast part of Satara district—first.

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The New Indian Express Kottayam

Tax sops likely for brownfield projects

FACED with slow uptake in private investment, the government may announce some tax sops in the Budget this year for encouraging new investments by companies.

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1 min  |
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The New Indian Express Kottayam

2025 World Cup Set To Be Hosted In India, Confirmation Soon

THE official announcement may take a few more days, but in reality, India was pencilled in to host the 2025 World Cup by FIDE (chess' governing body) last year itself.

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1 min  |
January 21, 2025
The New Indian Express Kottayam

5.2K birds of 117 species in Uttarakhand's Asan wetland

IN a significant citizen science effort, a bird counting campaign at the Asan Wetland in Dehradun district of Uttarakhand has yielded impressive results, with volunteers identifying 5,225 birds across 117 different species.

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2 dak  |
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The New Indian Express Kottayam

Admin bans community feasts in village hit by mysterious deaths

EVEN as the high-level inter-ministerial team visited remote Budhal village in Jammu and Kashmir's Rajouri district on Monday to ascertain the cause of the 17 deaths in three families due to a mysterious illness, the administration sealed the spring in the affected village after water samples from it tested positive for a few pesticides and insecticides and also banned community feasts in the village.

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1 min  |
January 21, 2025