ICICI appoints Sandeep Bakhshi as COO as Chanda Kochhar goes on leave

ICICI appoints Sandeep Bakhshi as COO as Chanda Kochhar goes on leave

In a major management reshuffle, the ICICI Bank on Monday announced the appointment of Sandeep Bakhshi as the Wholetime Director and Chief Operating Officer-designate, ICICI Bank. His appointment as COO will be for a period of five years, subject to regulatory approvals. He will take over as the COO on Tuesday or on the date […]

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Delhi University Admissions 2018: Technical glitch in DigiLocker hampers process

Delhi University Admissions 2018: Technical glitch in DigiLocker hampers process

Several students faced difficulties in completing their admission formalities as the Delhi University’s server came under severe pressure and the DigiLocker, a government-owned public cloud storage where certificates and documents were stored, was not integrated with the varsity portal yet. The website was inaccessible for quite some time, forcing the students to flock to colleges […]

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Volkswagen suspends arrested Audi CEO Rupert Stadler, names interim boss

Volkswagen suspends arrested Audi CEO Rupert Stadler, names interim boss

Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe. Audi said Stadler, 55, had requested to temporarily step down from his position, and named sales executive Abraham Schot as an interim replacement with […]

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Good news for homebuyers! RBI revises upwards housing loan limits under priority sector

Good news for homebuyers! RBI revises upwards housing loan limits under priority sector

Housing loans of up to Rs 35 lakh, for dwellings costing less than Rs 45 lakh, will be treated as priority sector lending (PSL) to give a fillip to the low-cost segment, the Reserve Bank said on Tuesday. PSL loans are relatively cheaper than market interest rate. “With a view to bringing convergence of the […]

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Tesla to lay off 3,000 employees, CEO Elon Musk says it’s difficult to say goodbye

Tesla to lay off 3,000 employees, CEO Elon Musk says it’s difficult to say goodbye

Elon Musk took to micro-blogging site Twitter to confirm that Tesla will soon lay off around 3000 employees. Musk informed his employees about the decision via an email that got leaked online, after which he himself posted the screenshots of the entire announcements in order to avoid any confusion. “Tesla has grown and evolved rapidly […]

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Elon Musk emails staff alleging employee ‘sabotage’

Elon Musk emails staff alleging employee ‘sabotage’

Tesla Inc Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted “extensive and damaging sabotage” to the company’s operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data to unnamed third parties. Company […]

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Why Governor’s Rule in J&K when other Indian states have provision of President’s Rule

Why Governor’s Rule in J&K when other Indian states have provision of President’s Rule

With the resignation of Jammu and Kashmir Chief Minister Mehbooba Mufti, the Governor’s Rule is likely to come into effect in the restive state. This will be the eighth time that J&K would come under the Governor’s Rule in four decades. Jammu and Kashmir has come under Governor’s Rule on seven occasions in the last […]

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Like ‘Star Trek’: Voice shopping seen as new frontier

Like ‘Star Trek’: Voice shopping seen as new frontier

Hey, Google, order a large pizza! Alexa, I need vitamins! Voice shopping using smart speakers and smartphone apps is starting to gain traction among consumers, opening up a new “conversational commerce” channel and potentially disrupting the retail sector. Devices such as Amazon’s Alexa-powered speakers and Google Home, which use artificial intelligence to respond to voice […]

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