While the exact number of roles to be eliminated and the geographies involved have not been disclosed, the timing is expected to come after the bank completes its annual bonus payouts.
With four chapters of the agreement still to be closed on the negotiating front, an EU official indicated that the signing of the deal would take place at a later stage.
The summons relate to an alleged fraud and a $265 million bribery case, under which US law requires personal service of summons and complaint on the accused.
The case came to the court a day after, the Bombay High Court also extended interim protection to Himesh Foods, the operator of the Mad Over Donuts chain in India, against a GST demand of ₹57.29 crore ...
According to the company, the information gathered will not be used for monitoring individual behaviour but to assess aggregate energy consumption arising from work-from-home arrangements.
While confirming that the tariffs remain in place for now, US Treasury Secretary Scott Bessent suggested that the administration was open to easing them.
As many as 64 heads of state attended the summit, with US President Trump hogging the maximum limelight as he went on to deride almost everyone in his usual style.
While agricultural exports and leather products are exempted, 13 other sectors — including textiles, engineering goods, ceramics, glass and glassware, and pearls and precious metals—will lose GSP bene ...
US targeted nine vessels and their owners or managers, saying they “collectively transported hundreds of millions of dollars’ worth of Iranian oil and petroleum products” abroad.
This was Shriram Finance's first earnings report after Japan's largest bank MUFG agreed to buy a 20% stake in the company for $4.4 billion in late December.
The board of the Karur headquartered bank also approved the re-appointment of B Ramesh Babu as the managing director and chief executive for a two-year tenor, effective July 29, 2026.
The bank's asset quality improved marginally with gross NPA and net NPA ratios coming down to 3.56 and 1.04 from 3.60 and 1.04 in the previous quarter.
