The Reserve Bank has imposed a penalty of Rs 20 lakh on Karnataka's Hubli Urban Co-operative Bank Ltd for irregularities in cheque discounting. "The Reserve Bank of India has imposed a monetary penalty of Rs 20 lakh on Hubli Urban Co-operati

Elevator and escalator maker Kone Corporation sees India among its top five revenue contributors in the next five years, President and CEO Henrik Ehrnrooth has told ET. At present, India ranks among the top 10 markets in terms of revenue contribution

Tata Steel has set up a new company to spearhead its investment in a proposed special economic zone at Gopalpur in Odisha, seeking to attract global electronics and electrical component makers from China and Southeast Asia and defence sector manufact

When it comes to cyber security, 45 per cent organisations admit to their inability to measure, assess and mitigate risk, describing their capabilities in this area as "non-existent". According to a survey by RSA, the security division of EMC, size o