Kotak Mahindra Bank's consolidated net profit for Q2FY26 saw an 11% decline due to higher provisions, despite continued credit and deposit growth. CEO Ashok Vaswani remained non-committal on reports of interest in acquiring IDBI Bank, emphasizing the bank's focus on scaling through both organic and inorganic avenues. The bank evaluates opportunities based on strategic fit, management bandwidth, and financial valuations.
Related news
Elon Musk defended his massive pay package on X, questioning who else could lead Tesla given its market dominance. A Delaware judge previously ruled the 2018 deal flawed, but Tesla is appealing, arguing shareholders were fully informed. The outcome impacts Musk's commitment and Tesla's future leadership.
Chamari Athapaththu made history by becoming the first Sri Lankan woman to score 4,000 ODI runs. She achieved this milestone during a World Cup match against Bangladesh. Athapaththu's achievement places her among elite Asian batters. Sri Lanka's World Cup hopes hinge on winning this crucial match. Australia, South Africa, and England have already secured semi-final spots.
A third-floor balcony collapsed near the University of Cincinnati on Friday evening, sending ten people to the hospital, including one critically injured. Officials reported five serious injuries and four minor ones, with the building primarily housing students celebrating a recent exam. An investigation into the cause of the collapse is underway.
Pakistan-based Jaish-e-Mohammed has launched an online training course, 'Tufat al-Muminat,' led by Masood Azhar's sister, to recruit women and raise funds. This initiative, following the formation of its women's wing, signals a strategic shift, potentially involving female suicide attackers. The group continues to operate and solicit donations openly, despite international scrutiny.
Rohit Sharma's cryptic social media post after the ODI series against Australia has sparked speculation about his future. Despite India's loss, Sharma's unbeaten 121 in the final match, his 50th international century, showcased his enduring class. He expressed his love for playing in Australia and the importance of mentoring younger players.
Pollywood star Neeru Bajwa shared her cherished Diwali traditions, emphasizing family, faith, and festive food. She revealed her love for sweets, especially gujiya, and how visiting the Gurdwara is a highlight. Bajwa also spoke fondly of childhood memories and declared her children as the 'light of her life,' ahead of her upcoming film 'Madhaniyan.'
Aryna Sabalenka celebrated her 2025 US Open victory by gifting her championship outfit to Rafael Nadal's museum in Mallorca. The signed Nike attire, worn during her second consecutive US Open win, is now a prized exhibit. Sabalenka's gesture highlights her deep admiration for Nadal's work ethic and enduring legacy in tennis.
Aaron Rodgers, now with the Steelers, keeps his wife Brittani a complete mystery. Despite his public return to football, no photos or public appearances of her exist, and even teammates haven't met her. Rodgers emphasizes her desire for privacy, stating she didn't sign up for celebrity life. He credits her with profoundly changing his world and being his unwavering support.
The US federal government shutdown is nearing a historic length with no resolution in sight. Millions of federal workers face unpaid days and potential job cuts, while the economy suffers significant losses, particularly in tourism and air travel. Both parties remain entrenched, with Democrats prioritizing healthcare and Republicans pushing for broader budget cuts.
Pawan Singh's grand finale performance and Ashneer Grover's wit entertained fans, while Arjun Bijlani emerged victorious in the "penthouse and pace" reality show. Bijlani's journey, marked by challenges and emotional moments, resonated with viewers who celebrated his inspiring and entertaining win on social media.