RBI Approves C.V.R. Rajendran as the MD and CEO of CSB

Amul's supplies to the Gulf market remain consistent despite the ongoing conflict in the region, according to Jayen Mehta, Managing Director of Amul.

Razorpay, on Thursday, announced the launch of Razorpay Agent Studio, a first-of-its-kind platform built on top of payments that allows businesses to deploy autonomous AI agents for operational tasks. The platform aims to automate various business processes, including dispute management, customer recovery, and payment reconciliations, by integrating AI directly into the payment infrastructure.

Accra [Ghana] / Mumbai (Maharashtra) [India], March 12: Dr. Rasha Kelej, CEO of Merck Foundation, has been recognized among the "100 Most Impactful Voices 2026" by ABCD Africa, a prestigious recognition celebrating influential women of African descent who are using their platforms to inspire change, amplify important social conversations, and drive meaningful impact across communities. The list features prominent women leaders and changemakers from 54 African countries and also includes the President of Tanzania. The list came out on the occasion of International Women's Day 2026.

The ongoing war in West Asia is disrupting global energy supply chains and creating challenges for several sectors in India, including industries dependent on gas and port-based trade, Ranjeet Mehta, CEO and Secretary General of the PHD Chamber of Commerce and Industry (PHDCCI), told ANI today.

Bengaluru (Karnataka) [India], March 11: ABB, a global technology leader in electrification and automation, is expanding its manufacturing footprint in Bengaluru with greenfield campuses and shopfloors, new product line expansions, service and training centers, and precision equipment manufacturing across Electrification, Motion and Automation businesses. ABB Group CEO Morten Wierod led the groundbreaking of a new integrated Motion facility in Peenya. He also inaugurated the Electrification and Automation Nelamangala Campus 2 on Kunigal Road.

Amid rising geopolitical tensions in West Asia and concerns over global crude oil supply, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah said India is likely to manage the situation effectively, while urging citizens to avoid hoarding LPG cylinders.

Union Minister of Electronics and Information Technology Ashwini Vaishnaw held discussions with Nobel Laureate Professor Konstantin Novoselov and Rajat Verma, CEO of Lohum, on the manufacturing of 2D materials for use in electronics and the recycling of critical components such as permanent magnets and batteries.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

According to the press statement released by Indigo, "With immediate effect, Pieter Elbers will be stepping down as InterGlobe Aviation Limited's (IndiGo) CEO. The Board of Directors would like to thank Pieter for his contribution and service to the organization, and wishes him well in his future endeavours." The airline further said that its managing director, Rahul Bhatia, would manage the company in the interim until a replacement is hired.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.