RBI to align bank disclosure norms with global standards

MUMBAI: RBI’s new disclosure norms will put unlisted banks at par with listed peers, standardise reporting formats and units, and make global comparisons of Indian lenders much easier by mandating uniform, template-driven disclosures.The new norms prescribe globally aligned reporting architecture that mirrors Basel standards, addressing the third of the three pillars of the globally accepted…

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Insolvency resolution drops to 13-quarter low

NEW DELHI: Corporate insolvency resolutions dropped to a 13-quarter low of 36 cases being resolved by the National Company Law Tribunal (NCLT) during Jan-March 2026, compared with 70 a year ago, with just eight plans approved in Feb and seven in March. This was the worst March quarter for the resolution process since Jan-March 2022…

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Doomsday’ a ‘complete reinvention’; warn fans ‘don’t think the audience is expecting it at all’

Director duo Anthony Russo and Joe Russo have teased major surprises in their upcoming Marvel blockbuster ‘Avengers: Doomsday’. As fans wait patiently for the film’s trailer after all the positive reviews from CinemaCon, the directors, through their production company, teased fans about all they can expect to unfold in cinemas when the film releases on…

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TCS staff cites salary cut after appraisal, co disagrees

BENGALURU: TCS’ appraisal letters have triggered employee reactions, with some alleging reductions in CTC and downgrades in their performance bands. Discussions have also intensified around a drop in take-home salaries following changes linked to the implementation of new labour codes. The debate concerns the exclusion of gratuity from cost-to-company (CTC) under TCS’s revised compensation structure….

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