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Over 150 staffers of the Kerala-based Federal Bank staged a noisy demonstration outside its corporate office in the Bandra Kurla Complex here on Friday to protest against the management's harassment tactics and related issues, union leaders said.

He shall take over as the Chief Executive Officer and Managing Director of the Company in the next financial year, subject to shareholder's approval, effective date of which would be intimated in due course.

Credit Suisse shares crashed more than 20 per cent in Zurich, dragging down European bank stocks along with it. US stock futures fell Wednesday morning after rallying strongly on Tuesday.

In a Facebook post, Zuckerberg said overall, "we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven't yet hired" in the company's "year of efficiency".

Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the financial system, media reports said.

India's Wholesale Price Index (WPI)-based inflation in February 2023 fell to a 24-month low of 3.85 per cent, according to data released by the Commerce Ministry on Tuesday.

"Sustainability has been at the core of G20 agenda for several years now, the core of all multilateral and bilateral engagements over the last few years, but for India, sustainability is a way of life," he said.

US President Joe Biden's words of reassurance on Monday have done little to calm markets as "worries raced around that other smaller US banks could become the latest dominos to fall", as per an expert, media reports said.

"Health Ministry has taken note of malpractices reported in the sector which lead to concerns over data privacy, sales of medicines without prescription, and predatory pricing," the source added.

The Delhi High Court had earlier issued summons to Grover and his wife Madhuri Jain Grover on a suit filed by the company seeking to restrain them from making defamatory statements against the fintech firm, which has accused the couple of misappropriating funds.

US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said in a joint statement that all depositors of Signature Bank "will be made whole".

Hoping to allay their clients' apprehensions, the SVC Bank issued a statement late on Saturday pointing to the case of a 'mistaken' identity and clarifying that it had no links with the SVB, USA, and even threatened legal action against mischief mongers.

CIL had in May 2022 said that it is planning to divest 25 per cent stake in its unlisted arm BCCL and go for the subsequent listing of the subsidiary on stock exchanges after obtaining further clearances.

Global defence aerospace player Lockheed Martin and Indias Tata Group have inked an agreement for the production of fighter plane wings at their joint venture Tata Lockheed Martin Aerostructures Ltd (TLMAL) in Hyderabad.

Recently, Wilson had informed that incidents surrounding unruly behaviour by inebriated passengers are quite frequent, adding that the airline has now got strict and is reporting all such cases of unruly behaviours.

The company said that the 5G Plus service availability will continue to rapidly expand -- including service in all towns and villages in the country soon -- as the company is working towards offering nationwide coverage.

The said complaints alleged that misleading YouTube videos with false content, backed by paid marketing campaign worth crores of rupees for additional reach, were being uploaded to lure investors.

The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023.

Despite Elon Musk's efforts to monetise Twitter, the micro-blogging platform reported a massive 40 per cent drop in revenue and adjusted earnings for December 2022, the media reported on Saturday.

"We're going to continue to grow, but we're going to grow modestly," Stephenson, adding he expects headcount growth of 2-4 per cent this year against 11 per cent headcount growth in 2022.

While online food delivery major Zomato's consolidated loss widened to Rs 346.6 crore on-year for the quarter ended December 31, its Founder and CEO Deepinder Goyal has bought a brand-new Ferrari Roma worth Rs 4.3 crore.

After several days of fall, Indian stock markets rebounded on Friday with both -- the Sensex of BSE and the Nifty 50 of NSE -- on the positive sides. Curiously, experts attribute the current rebound and the earlier fall to the happenings in the Adani Group.

Beleaguered coding platform WhiteHat Jr has seen an exodus of top HR executives in recent days, including Ashutosh Singh, Director HR Business Partner (HRBP) and HR leader for international markets, reliable sources said on Thursday.

Akasa Air has completed six months of operation, and with the delivery of one aircraft every 15 days, the airline has reached a fleet size of 17 aircraft and has flown over one million passengers since its launch in August 2022.

The production of fertilisers, coal, electricity, steel, natural gas, cement and refinery products increased while production of crude oil declined in January 2023 over the corresponding month of last year, said the government data released on Tuesday.