Bulk deposit pricing to be more transparent, flexible

MUMBAI: RBI has proposed tighter disclosure norms for deposit interest rates while allowing banks to price large deposits based on withdrawal risk, which will be a fourth factor for differential rates. Until now banks were allowed to offer differential rates based on tenor, size, and premature withdrawal conditions. These determine whether deposits qualify as bulk…

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Retract charges or pay Rs 1,000cr: Tata Trusts

MUMBAI: Tata Trusts has demanded petitioner Suresh Tulsiram Patilkhede and his lawyer Katyayani Agarwal withdraw allegations of impropriety over a 37-year-old transfer of 833 Tata Sons shares, seeking Rs 1,000 crore in damages for reputational harm and causing distress. The charitable organisations sent notices to both, saying transfer of shares from Navajbai Ratan Tata Trust…

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AirTrunk unveils $30bn India data centre push

BENGALURU: Australian data centre operator AirTrunk has committed $30 billion to develop 5 gigawatts (GW) of data centre capacity in India by 2030, marking one of the largest investments in the country’s digital infrastructure sector and positioning India as a key hub for global AI and cloud infrastructure spending.The investment is expected to significantly bolster…

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Madhur Bhandarkar: Ranveer Singh deserves a National Award for Dhurandhar, says Madhur Bhandarkar; calls Aditya Dhar’s film a game-changer | Hindi Movie News

Filmmaker Madhur Bhandarkar has heaped praise on Ranveer Singh’s performance in Dhurandhar, going so far as to say that the actor deserves a National Award for his work in the film. In a recent interview, Bhandarkar also lauded director Aditya Dhar, calling Dhurandhar a landmark film that has changed the grammar of Indian cinema.Bhandarkar revealed…

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