Deutsche Bank offloads India retail to Kotak

Deutsche Bank offloads India retail to Kotak

MUMBAI: Kotak Mahindra Bank has agreed to acquire Deutsche Bank’s India retail, private banking and wealth business for Rs 282 crore, as a going concern on a slump sale basis . The deal will strengthen the bank’s affluent and SME franchise through an inorganic push, the bank said. The acquired portfolio comprises Rs 29,000 crore…

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Soviet scientists drilled 12 kilometres into the Earth, but the world's deepest borehole barely scratched the planet's crust

Soviet scientists drilled 12 kilometres into the Earth, but the world’s deepest borehole barely scratched the planet’s crust |

In 1970, Soviet scientists began drilling into the ground on the Kola Peninsula in the far northwest of the country, hoping to reach deeper into the earth than anyone before them. Almost two decades later, in 1989, the project hit its final depth of 12,262 metres, making it the deepest vertical borehole ever created by…

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Perfect 5-0! Indian boxers storm into CWG 2026 finals after dominant semifinal sweep

Perfect 5-0! Indian boxers storm into CWG 2026 finals after dominant semifinal sweep | Commonwealth Games News

India’s Arundhati Choudhary celebrates after defeating Wales’ Rosie Eccles. (PTI Photo) NEW DELHI: India’s boxing contingent continued its sensational run at the Commonwealth Games 2026, producing a flawless 5-0 record in the semifinals on Friday as Arundhati Choudhary, Jaismine Lamboria, Preeti Pawar, Ankush Panghal and Jadumani Singh all booked their places in the gold medal…

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No move to scrap LTCG tax on equities: Govt

No move to scrap LTCG tax on equities: Govt

NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.“The tax policies, including capital gains tax rates, are revised periodically as part of the annual budgetary process and legislative revisions after taking into consideration the macroeconomic…

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Triple murder shocks UK: Manhunt launched after wife, two daughters found dead; suspect believed to be in Zimbabwe

Triple murder shocks UK: Manhunt launched after wife, two daughters found dead; suspect believed to be in Zimbabwe

A triple murder investigation is underway in the UK after a woman and her two young daughters were found dead inside their home in Great Denham, Bedfordshire, prompting an international manhunt for the woman’s husband, who police believe has fled to Zimbabwe.The victims have been identified as Nothabo Zandile Tshuma, 42, known as Zandile, and…

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Longer routes, higher costs, 26,000 cancellations: US-Iran conflict hits Indian airlines

Longer routes, higher costs, 26,000 cancellations: US-Iran conflict hits Indian airlines

The prolonged US-Iran conflict has taken a heavy toll on Indian airlines, with around 26,000 international flights cancelled till July 20 as carriers continue to grapple with airspace restrictions across the Middle East.Apart from the large-scale cancellations, airlines have also faced flight diversions and delays, while longer flying routes have increased fuel consumption and operating…

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