Kasol rave party case: Kullu DC, SP transferred after SC order

Zee Entertainment shares plunged over 12% after Sebi barred founder Subhash Chandra and CEO Punit Goenka from the securities market for one year over an unauthorised property pledge case. The regulator also fined ZEEL and flagged governance lapses, even as shareholders recently approved a Rs 3,144 crore promoter fundraise.

Karur Vysya Bank announced a significant 45% rise in first quarter net profit. This increase brought their earnings to ₹756 crore compared to the previous year. The bank’s pre-provision operating profit also saw a substantial 36% jump. Net interest income grew by 32%, boosting overall financial performance. However, the bank’s gross non-performing assets experienced a…

JP Morgan Chase’s CEO, Jamie Dimon, is calling upon business leaders to participate in a newly established industry group dedicated to tackling the emerging threats associated with artificial intelligence technology. This initiative encourages collaboration and the exchange of information among vital infrastructure sectors, aiming to create a collective comprehension of AI-related risks and the necessary…