CEO: SIR process transparent, inclusive; over 845 meetings held with parties

Harshita Kumar returned home after eighty-two days in hospital following a tree crash. She underwent multiple surgeries and procedures during her lengthy hospital stay. Aarika Srivastava, critically injured in the same incident, sadly passed away. The tree crash incident raised concerns about tree safety across Mumbai city. Another recent tree fall incident in Chembur tragically…

Gold and silver prices traded lower on MCX on Monday as renewed Middle East tensions and expectations of further US Federal Reserve rate hikes pressured the non-yielding precious metals. Gold futures fell 0.4%, while silver futures declined up to 0.3%.

Kotak Mahindra Bank will acquire Deutsche Bank India’s retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak’s affluent banking franchise while supporting Deutsche Bank’s strategy to focus on its core businesses.