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Kotak Mahindra Bank Declares 10 Per cent Pay Cut for Staff with Over Rs 25 Lakh Annual Salary

The move from Kotak Mahindra comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21.




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SBI Cuts Benchmark Lending Rate by 15 Basic Points, New Special Deposit Scheme For Senior Citizens

Under this new product, an additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only.




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Sensex Drops 242 Points, Nifty Gives up 9,200-mark amid Coronavirus Pandemic

ONGC was the top loser in the Sensex pack, slumping over 4 per cent, followed by NTPC, Kotak Bank, Titan, Bharti Airtel and PowerGrid.




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Coronavirus Lockdown: India's Coal Import Declines by 29 Percent in April

Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import dry-fuel and take the domestic supply of fuel from Coal India Ltd.




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CAIT Flags Traders' Inability to Pay Full Salary for April, Seeks Goyal's Intervention

The Confederation of All India Traders (CAIT) has written to Commerce and Industry Minister Piyush Goyal seeking his intervention in the matter.




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Cognizant Q1 Net Falls 16.7% to $367 Million; Sees Challenging Demand Environment in 2020

Cognizant follows January-December as financial year. Its net profit was at USD 441 million in the March 2019 quarter.




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Sensex Rallies Over 600 Points in Early Trade; RIL Jumps 2% After Jio-Vista Equity Fund Deal

Equity benchmark Sensex rallied over 600 points in opening session on Friday as strong gains in index-heavyweight Reliance Industries, massive foreign fund inflow and positive global cues boosted market sentiment.




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Rupee Rises 45 Paise to 75.27 Against US Dollar in Early Trade Amid Covid-19 Concerns

Forex traders said a positive start of domestic stocks and significant foreign fund inflows supported the local unit.




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Indian Economy May Contract 0.4% in FY21 on Coronavirus Pandemic, Say Two Foreign Brokerages

Japanese brokerage Nomura warned of a likely downgrade of the sovereign by global ratings agencies while American brokerage Goldman Sachs (GS) said RBI will cut rates by another 1 percentage point to arrest the economic slide.




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Making Effort to Ensure Orderly, Equitable Exit to Investors: Franklin Templeton Mutual Fund

Franklin Templeton Mutual Fund also issued an apology to Sebi and said that comments of its top executive Jenny Johnson were wrongly interpreted, diluting her responses about the reason for winding up of schemes.




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Lockdown-hit Industry Demands Suspension of Labour Laws For 2-3 Years

The employers' organisations also sought relaxation of the provisions of the Industrial Disputes Act to treat the lockdown period as lay-off.




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Bank Credit Up 6.74% to Rs 102.69 Lakh Crore, Deposits Rise 9.82%: RBI Data

In the year-ago fortnight, bank loans had stood at Rs 96.20 lakh crore and deposits at Rs 124.83 lakh crore.




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CBDT Defers Requirement of Registration of Charitable, Religious Trusts by 4 Months Till October 1

Earlier, such registrations/approvals were granted without any specific expiry period unless specifically withdrawn by concerned tax authority.




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India's Fuel Demand Dips Over 45% in April Amid Covid-19 Lockdown: Govt Report

Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes - its lowest since 2007, government data showed on Saturday.




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Saudi, US Firms Eye Stakes in Reliance's Jio, Deals Could Get Completed This Month: Report

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change.




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To Woo Investors Pulling Out of China, UP Min Takes Suggestions from European Delegates on Improving Biz

Sidharth Nath Singh informed the participants, through video conferencing, about the developmental projects being undertaken in the state; including the Jewar Airport, said to be key to improving the state's airways connectivity.




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Govt Disburses Rs 18,253 Crore to 9.13 Crore Farmers Under PM-KISAN Scheme During Lockdown

Under the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme, each farmer gets Rs 6,000 in a year in three equal installments directly in bank account.




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Chris Froome Fears Tour de France May Struggle to Keep Fans Away

Tour de France is rescheduled for August 29 without spectators but Chris Froome feels it may be hard to contain the fans.




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Stage Set for Online Nations Cup Chess Tournament; Viswanathan Anand to Lead 5th Seeded India

India will be represented by Viswanathan Anand, Vidit Gujrathi, P. Hari Krishna and Koneru Humpy at the online Nations Cup.




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'My Mother is Still Complaining' Leander Paes Reveals Outcome of #FryingPanChallenge

Leander Paes revealed that his mother was not to happy with his viral challenge that took social media by storm.




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Returning Before US Open Amid Coronavirus Pandemic is 'Unrealistic', Says Taylor Fritz

Taylor Fritz said that the tennis authorities are looking to stage the US Open but he was unsure if they will be able to do that.




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National Rugby League Reaches Tentative Pay Deal, Training Set to Resume

Social-distancing restrictions are still in place in Australia, so 'normal' full-contact training will not resume for another week at least.




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WTA Chief Backs Roger Federer's ATP Merger Suggestion

Both the ATP and WTA Tours have been forced to take cost-cutting measures since the COVID-19 pandemic started




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Padraig Harrington Accidentally Unveils Luke Donald as Ryder Cup Vice-captain

Padraig Harrington announced live on air by mistake that Luke Donald was one of the vice-captains at this year's Ryder Cup.




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India Suffers Two Defeats on Second Day of Online Nations Cup Chess

India, on the second day of the FIDE-Chess.com Online Nations Cup, lost its third and fourth round matches to Europe and China by similar 1.5-2.5 margins




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NFL Great Brett Favre to Repay $1.1 Million Paid for Speeches Never Made

The spending by the Mississippi Department of Human Services showed Brett Favre had been paid $1.1 million for three speaking engagements, none of which he participated in.




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SAI Makes Services, Excluding Food, Inside its Stadiums Free for IOA and NSFs

SAI has made electricity, water, housekeeping, hostel free for IOA and NSFs and the organisers will now have to make only food and beverages arrangement for an event.




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NFL great Brett Favre Denies He Was Paid for No-show Speeches

Brett Favre said he never 'no-showed' anyone for advertisements, speaking engagements of anything like that.




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UFC Return to Go Ahead as Planned Despite Undercard Fighter Ronaldo Souza Testing Positive for Covid-19

UFC fighter Ronaldo 'Jacare' Souza and his two cornermen were found positive for Covid-19 but asymptomatic and will self-isolate off host hotel.




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After Coronavirus Delay, John Coates Says Tokyo Games Could Be 'Greatest Ever'

The Tokyo Olympics was postponed for a year to 2021 in the aftermath of the coronavirus pandemic.




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Roger Federer, Rafael Nadal or Novak Djokovic: Ivan Lendl Has a Way to Decide 'GOAT' Debate

Ivan Lendl believes whoever ends up winning the most majors among the 'Big Three', should be considered the greatest ever.




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UP-Valsad bond going strong for five decades now




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Trains for migrants cancelled after Odisha high court order




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‘Island strategy’ devised for Covid hotspot Limbayat




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Councillor’s brother seen demanding ‘cash for tickets’




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Ananya Panday Says Working with Deepika Padukone 'Feels Like Being with a Friend'

Ananya Panday, who will be seen with Deepika Padukone in Shakun Batra's film, talks about how she felt working with her Bollywood senior.




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Cobie Smulders Defends Controversial 'How I Met Your Mother' Ending

Cobie Smulders said that fans binge-watching the show on Netflix were more likely to find it frustrating than those who had seen when the show aired on TV.




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Disha Patani Doesn't Refuse '4 or More Boyfriends', Watch Video

Disha Patani recently shared a funny video on social media in which she talks about relationships. Check it out.




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Athiya Shetty Posts Throwback Pic From Her Thailand Getaway; Fans Wonder Why She Cropped KL Rahul

Rumours of Athiya and KL Rahul's alleged relationship surfaced last year, after the cricketer posted an adorable birthday wish for her on social media.




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Richa Chadha, Kalki Koechlin, Amyra Dastur, Pulkit Samrat Talk Gender Parity During Lockdown

In a video put together by Women in Films and Television India, the campaign, supported by these celebrities, takes stock of the issues borne out of vulnerable mental health caused by the lockdown.




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Safety Protocol And Shooting Guidelines Yet To Be Formalised: Producers Guild Of India

A Producers Guild Of India Spokesperson informed that the final guidelines for the resumption of shooting activities were still under process, after a draft document started circulating in the media and entertainment industry.




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Vir Das Lauds Delhi HC's Move To Dismiss Plea About Interim Stay On Airing Of Hasmukh

Taking to Twitter, Vir has issued an official statement, expressing his gratitude and appreciation to the Delhi HC.




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A Movie with Irrfan Khan on Pandemic was Planned by Filmmaker Anand Gandhi

Filmmaker Anand Gandhi was in talks with Irrfan for a movie about pandemics. The script was in the process. The plot revolved around women scientists fighting a contagion.




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Aamir Khan, Farhan Akhtar Join Berklee College of Music Students for New Rendition of Dil Chahta Hai

Shankar Mahadevan, Farhan Akhtar and Aamir Khan feature in the video of the new rendition of Dil Chahta Hai by the students of the Berklee College of Music.




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Amitabh Bachchan Gets Defensive About Shooting KBC Amid Lockdown

Veteran actor Amitabh Bachchan defended himself for shooting for Kaun Banega Crorepati 12 from his home saying that the shoot happened with necessary precautions and without flouting lockdown rules.




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Lockdown with Johars: Karan Johar Shares New Video of Yash and Roohi

Karan Johar is back with his twins Yash and Roohi on the much-loved series ‘Lockdown with Johars’. This time the trio has moved to the bathroom area.




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Adele’s Transformation Has Left Her fans Amazed, See Pics

Grammy winning singer Adele recently shared a picture from her birthday celebration that created a stir on social media due to her weight loss.




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'Butterfingers Could Be My Middle Name': Twinkle Khanna Describes Her Clumsy Self

Twinkle Khanna says she's rather clumsy and talent-less, but is good at turning a patch of land into a beautiful garden.




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This Compilation Video Shows Rishi Kapoor was a Foodie at Heart

A compilation video made from Rishi Kapoor's pics over the years shows his love for food. Check it out.




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Sambhavna Seth Shares Her Ordeal Of Being Hospitalised Amid Covid-19: I Thought I Was Going To Die

Sambhavna Seth, who shot to fame after her participation in Bigg Boss 2 in 2008, was "rushed to the hospital" on Monday.