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Jagdishan himself has reportedly said earlier that he may be willing to be reappointed should the board decide. 
Updated : Jun 29, 2026

HDFC Bank board may now focus on the reappointment of Sashidhar Jagdishan as MD and CEO

Jagdishan's current term ends in October. He was first appointed as the MD and CEO of HDFC Bank for three years in October 2020, when he succeeded the lender's long standing chief Aditya Puri. His tenure was renewed by another three years in October 2023.

Beyond banking reforms, Kumar served as the 25th Chief Election Commissioner of India, managing the 2024 Lok Sabha General Elections involving roughly 642 million voters.
Updated : Jun 29, 2026

HDFC Bank names former financial services secretary Rajiv Kumar as non-executive chairman 

Kumar, 66, is a 1984-batch IAS officer who retired as the Finance Secretary of India in February 2020. As the Secretary of the Department of Financial Services between 2017 and 2020, he famously engineered the banking sector's "4R strategy" — Recognition, Resolution, Recapitalisation and Reforms.

YRF's next big drama could be mobile-only
Updated : Jun 29, 2026

YRF's next big drama could be mobile-only: Why the film company is betting on a new format

YRF and Rusk Media will develop original animation and vertical micro-drama intellectual property (IP).

HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO
Updated : Jun 29, 2026

HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for a third term: Report

HDFC Bank is set to begin Sashidhar Jagdishan's reappointment process after legal review found no basis for Atanu Chakraborty's concerns.

Chakraborty has rejected the bank's claims that he failed to cooperate with the external legal review, asserting instead that the entire probe was a "roving inquiry" and an "exercise in futility." 
Updated : Jun 28, 2026

'My resignation was a call of conscience, not a legal matter': Ex-HDFC chairman Atanu Chakraborty

He said the underlying intent behind his sudden departure, emphasizing that it was never meant to trigger an external corporate investigation. Chakraborty argued that if the board meetings were conducted robustly, external lawyers could only perform basic compliance checks on the proceedings.

Simaero India opened its first A320 NEO full-flight simulator in Gurgaon and plans to take it to eight in the next five years.  
Updated : Jun 28, 2026

Making India a Centre of excellence pilot training: Simaero CEO Nicolas Moute

India will need over 22,000 pilots by 2030. Pilot training is expensive and majority of airlines send their pilots abroad for training. Simaero to invest $100 million in India for training 5,000 pilots.

ICRA said fuel accounts for 30-40% of airline operating costs, while 35-50% of total expenses are dollar-denominated, making airlines vulnerable to rupee depreciation.
Updated : Jun 27, 2026

Airline industry losses to nearly triple in FY27 due to West Asia conflict, ATF prices: ICRA

India's aviation industry is expected to face a much deeper financial downturn in FY27, with ICRA nearly tripling its loss estimate to as much as ₹38,000 crore. The ratings agency cited the West Asia conflict, elevated ATF prices, rupee depreciation and rising lease costs as key factors hurting airline profitability.

Atanu Chakraborty on Saturday, June 27, 2026, termed the review as just a “compliance exercise,” and stated that he repeatedly asked the board for the scope of the legal review, but wasn’t provided any clarity.
Updated : Jun 27, 2026

After clean chit from legal review, attention will now shift to addressing succession issues at HDFC Bank

The independent legal review noted that former part-time chairman Atanu Chakraborty’s statement and its implications were not substantiated by the record and witness interviews.

The company has already secured approvals for four projects -- Navi Mumbai, Ahmedabad, Lucknow and Guwahati and remaining approvals in advanced stages.
Updated : Jun 27, 2026

Adani airport city project: Construction has commenced around four airports    

Adani Airport Holdings Ltd (AAHL) announced Rs 20,000 crore integrated airport cities development plan across six airports and has already secured approvals for four projects.  

The review separately examined references made by Chakraborty to the Dubai matter in public statements after his resignation.
Updated : Jun 26, 2026

HDFC Bank review finds no basis for concerns flagged in Atanu Chakraborty’s resignation

According to the statement included in the bank’s filing, “The legal review was conducted over a three-month period and involved the review of thousands of documents and interviews of the Independent Directors and several members of senior management.” 

The ED is investigation a case against Shri Astha Foundation for Education Society under the Prevention of Money Laundering Act.
Updated : Jun 26, 2026

ED attaches ₹3.66 crore insurance policies linked to ₹1,266 crore SBI fraud case

The Bhopal zonal office of the agency issued the provisional attachment under the Prevention of Money Laundering Act as part of its investigation into Advantage Overseas Pvt Ltd and Bhasi, its promoter

Low-alcohol beverages generally contain between 0.5% and 1.2% alcohol by volume (ABV), substantially lower than conventional beers, wines or spirits.
Updated : Jun 25, 2026

Reliance Industries denies entry into domestic low-alcohol drinks market

With Campa Cola emerging as one of its biggest consumer brands, Reliance Industries is now exploring the low-alcohol beverages segment, signalling its ambition to tap new consumption trends in India's beverage market, according to a report.

Among Vedanta's business segments, zinc emerged as the largest contributor to the exchequer, accounting for ₹19,053 crore during FY26.
Updated : Jun 25, 2026

Vedanta's tax contribution to government rises 13% to ₹62,722 crore in FY26

The company reported record revenue of ₹1,74,075 crore, up 15% from the previous year, while EBITDA rose 29% to ₹55,976 crore and profit after tax increased 22% to ₹25,096 crore.

According to the latest analysis by CRISIL Ratings, the impact on operating margins will be contained at approximately 100 basis points.
Updated : Jun 25, 2026

Shock averted: West Asia truce just saved India Inc from a massive profit hit

Oil Marketing Companies (OMCs) and fertilizer manufacturers are driving this rebound. OMCs are projected to post operating profits for the fiscal year despite sustaining ₹40,000-45,000 crore in net under-recoveries between March and May, as per the CRISIL report.

The project will span more than 655 acres across airports in Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati, with around 22 million sq. ft. of mixed-use development planned in the first phase.
Updated : Jun 26, 2026

These 6 airport cities are getting a ₹20,000 crore boost from Adani

Adani Airport City Limited has unveiled plans to develop integrated airport city projects across six airports in five states with an initial investment of more than ₹20,000 crore. The programme is aimed at building connected urban districts that support passenger services, jobs and city growth.

For years, passengers from India’s eastern and northeastern states have largely depended on connecting flights.
Updated : Jun 25, 2026

Planning a UAE trip from Northeast India? Direct flights begin from August. Details here

With these additions, Guwahati will have direct links with four countries — the UAE, Thailand, Singapore and Bhutan.

Varundeep Sachi, Chair ICF India Coaching Conclave.
Updated : Jun 25, 2026

Coaching leaders, corporates and educators gather in Bengaluru to discuss future of leadership and AI

The conclave featured three learning tracks designed to examine the future of coaching, leadership, organisations and technology.

International check-in and immigration will be completed at your departure airport. You can arrive at least 3 hours before departure to allow enough time for these formalities.
Updated : Jun 25, 2026

Air India’s 11xx flights follow a different journey: What passengers need to know

Passengers booked on these flights may encounter a different airport process--from check-in to boarding

Adani Power stock hit a record high of Rs 254.15 on May 29, 2026. However, the Adani Group stock has fallen 8.2% from its record high after a sharp rally. 
Updated : Jun 25, 2026

After infrastructure and green energy push, Adani Group eyes its next big energy bet

Gautam Adani told shareholders the group will build 10 GW of nuclear power capacity by 2035. The plan widens its energy platform as India sharpens its focus on long-term energy security.

China remains a manufacturing powerhouse, while India's improving infrastructure and policy support are boosting its appeal as a global production and export hub.
Updated : Jun 25, 2026

Why multinational companies are choosing India over China - WEF report reveals

India is increasingly emerging as a preferred destination for multinational corporations looking to diversify operations beyond China. Strong economic growth, policy support and efforts to build resilient supply chains are making the country an attractive investment hub despite global uncertainty.

The blaze occurred on June 5 at a facility operated by STT Global Data Centres India, a joint venture backed by Singapore’s ST Telemedia and Tata Communications.
Updated : Jun 24, 2026

Delhi data centre fire raises fears of data loss, disrupts cloud services: Report

A fire at a New Delhi data centre operated by STT Global Data Centres India has raised concerns over significant data loss and service disruptions. The incident has affected customers, including Google Cloud users and businesses that stored critical data at the facility.

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