Hinduja goes into damage-control mode as fraud rocks IndusInd Bank

IANS | May 22, 2025 3:33 PM

New Delhi, May 22 (IANS) Ashok P. Hinduja, Chairman, IndusInd International Holdings Limited (IIHL) which is the promoter of IndusInd Bank, went into damage-control mode on Thursday following the announcement of the fraud in the bank that has plunged the lender into a Rs 2, 236 crore loss for the January-March quarter.

Emami Realty’s Q4 loss widens over 4-fold, revenue plunges 76 pc

IANS | May 22, 2025 3:08 PM

Mumbai, May 22 (IANS) Real estate firm Emami Realty Limited on Thursday reported a sharp fall in its financial performance for the March quarter (Q4 FY25), as its consolidated net loss widened more than four times to Rs 79.68 crore, compared to a loss of Rs 19.47 crore in the previous quarter (Q3 FY25).

Uber faces heat over 'advance tip' feature, govt steps in

IANS | May 22, 2025 2:02 PM

New Delhi, May 22 (IANS) Uber’s new 'Advance tip' feature has sparked a massive backlash on social media, with users accusing the ride-hailing company of forcing them to pay extra money just to get their rides accepted faster.

NSE IPO issues to be resolved soon and we will move forward: SEBI Chief

IANS | May 22, 2025 2:00 PM

New Delhi, May 22 (IANS) The Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, on Thursday said that the pending issues surrounding the National Stock Exchange (NSE) initial public offering (IPO) will be resolved soon, and the regulator will move forward with the process.

Probing possible violations in IndusInd Bank case: SEBI Chairman

IANS | May 22, 2025 1:44 PM

New Delhi, May 22 (IANS) The Securities and Exchange Board of India (SEBI) is investigating possible violations in the IndusInd Bank case, following the bank's disclosure of suspected fraud and concerns over insider trading, SEBI Chairman Tuhin Kanta Pandey said here on Thursday.