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Mumbai: Less than a month after Ozempic maker Novo Nordisk announced it is cutting its global workforce as part of a restructuring plan, the layoffs have hit Indian employees in Bengaluru. Junior- to mid-level employees across functions such as sales and marketing, as well as those in the company's global business services (GBS) hub, which works with its global teams, have been impacted, according to at least three people aware of the development. "At least 100-150 will be retrenched from the ...Read More >
Kolkata: Bandhan Bank's net profit in the first quarter of FY 2026 recorded a 65% slump at Rs 372 crore compared with Rs 1,063 crore posted in the year-ago period. Partha Pratim Sengupta, MD and CEO of the bank, attributed the decline to stress in microfinance asset.Even though the bank's total business grew by 11% to Rs 2.8 lakh crore last year, a 119% rise in provisions due to write-offs and high slippages in the microfinance book brought its Q1 net profit down, Sengupta said. "The loan book c ...Read More >
SHILLONG, July 18: The court of First Class Judicial Magistrate DKK Mihsill on Friday granted bail to property dealer Silome James, a co-accused in the Raja Raghuvanshi murder case. The bail hearing was conducted via video conferencing. Advocate Devesh Sharma from Indore, who represented James, said his client was given a regular bail against a bond agreement of Rs 5,000. "Our argument was that my client has no link to this case," Sharma said. Earlier, during the hearing on Wednesday the cour ...Read More >
Jammu, Jul 18 (PTI) Senior officials of the Jammu and Kashmir government reviewed the arrangements for the smooth conduct of the 13-day-long Budha Amarnath pilgrimage in Poonch district that will begin on July 28. Deputy Inspector General of Police Tejinder Singh reviewed security in Poonch and stressed ensuring the safety of the devotees. "The first batch will depart from the Bhagwati Nagar basecamp in Jammu on July 28, moving towards the Mandi tehsil in Poonch in a regulated convoy amid full ...Read More >
Shillong: A co-accused in the murder of Indore-based businessman Raja Raghuvanshi, Silome James, was granted conditional bail by the court of first class judicial magistrate DKK Mihsill here Friday.The court had reserved its ruling when the bail petition was moved on Wednesday. Indore-based advocate Devesh Sharma, who represented James, said the court granted bail with conditions, including a bail bond of Rs 50,000.The bail conditions also require the accused not to commit any offence similar to ...Read More >
INDORE: Govind Raghuwanshi, brother of Sonam Raghuvanshi accused of murder of her husband Raja, has returned the jewellery worth around Rs 16 lakh to Raja's family. The ornaments, which included a gold ring, bangles, and a necklace, were gifted to Sonam during her wedding.Before leaving for Shillong, Sonam had left the jewellery at her parental home, taking only her mangalsutra and ring with her - both of which are currently in the custody of Shillong police.Govind handed over the jewellery thro ...Read More >
SAS supports Denmark's plan to expand Copenhagen Airport, boosting global reach, economic growth, and connectivity for travelers and businesses alike. The Danish government's bold decision to secure a controlling stake in Copenhagen Airport marks a transformative step in enhancing Denmark's infrastructure and global connectivity. This forward-thinking move ensures a cohesive approach to the airport's development as a world-class hub, aligning with the nation's long-term strategic goals, accordi ...Read More >
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