Loan-related complaints up 43% in FY24, says RBI report
Complaints against banks and NBFCs represented 82.28 per cent and 14.53 per cent of the total complaints, respectively. MUMBAI: Consumer complaints related to loans and advances accounted for the largest share among grievances against entities regulated by the RBI, rising 43%, according to the annual report of the Reserve Bank’s
ICICI Bank Q3 net profit up 15% to Rs 11k crore
MUMBAI: ICICI Bank reported a 14.8% year-on-year rise in profit after tax to Rs 11,792 crore for quarter ended Dec 31, 2024, compared to Rs 10,272 crore in Q3-2024. Sequentially, profit increased 1.8% from Rs 11,585 crore in Q2-2025. The growth was driven by higher net interest income and fee
38 Injured After ‘Unexpected Aircraft Movement’ on a United Flight
Thirty-eight people were injured on a United Airlines flight that was headed this week to Washington, D.C., from Lagos, Nigeria, officials in Nigeria said, after the plane experienced what the airline described as “a technical issue and an unexpected aircraft movement.” Six people were treated at a hospital for their
UBS to double its GCC footprint in Hyderabad with additional 1,800 jobs
HYDERABAD: Swiss banking giant UBS is doubling its global capability centre (GCC) footprint in Hyderabad with plans to create another 1,800 new jobs over the next two years.The expansion will mainly focus on beefing up UBS’s finance and operations functions by leveraging the quality talent pool available in the city,
Crafting a Haggis for American Tastes (and Import Restrictions)
When Scottish Americans and Scottish expats sit down on Saturday night to celebrate the birthday of the 18th-century poet Robert Burns, the traditional haggis will probably not be up to purist standards. Haggis, the savory Scottish dish of boiled sheep innards, oatmeal and spices, can be a real haggis, many
Should Sports be a College Major? Some, including Nike, Say Yes
For decades, a small but passionate group of academics has offered a potential balm for the fraught relationship between athletics and education at major universities: Allow students to major in sports. One such educator is David Hollander, a clinical professor at New York University’s School of Professional Studies. He has
Barry Sternlicht Is Bringing Back the Starwood Hotel Brand
Barry Sternlicht made a fortune building Starwood Hotels and Resorts, which birthed successful brands like W Hotels, into a giant of the travel industry. Now he wants to do it all again — under the Starwood name. Mr. Sternlicht is resurrecting the Starwood Hotels brand starting in February, nine years
Amazon’s Fight With Unions Heads to Whole Foods Market
At a sprawling Whole Foods Market in Philadelphia, a battle is brewing. The roughly 300 workers are set to vote on Monday on whether to form the first union in Amazon’s grocery business. Several store employees said they hoped a union could negotiate higher starting wages, above the current rate
ICICI Bank Q3 profit rises 15% to Rs 11,792 cr
NEW DELHI: ICICI Bank on Saturday reported 15 per cent rise in standalone net profit at Rs 11,792 crore for the third quarter ended December 2024. The second-largest private sector lender had earned a net profit of Rs 10,272 crore in the same quarter a year ago. Total income increased
How Improv Comedians Make a Living Teaching Corporate Workshops
In 1994, Bob Kulhan was in his early 20s and on the path to becoming a marketing executive at a top ad agency. The financial stability of his blossoming career comforted his parents. That year, he also began taking improvisational comedy classes at Second City, a renowned comedy institution based