Fri, Dec 11, 2020 4:37 PM
CCPA showcauses to 6 firms for false COVID-19 protection claims
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As the Reserve Bank of India (RBI) stopped Kotak Mahindra Bank from issuing new credit cards due to technology-related deficiencies, the lender expects operating expenses to rise in the upcoming quarters due to increased investments in ramping up its IT framework. The bank will also be hiring an external auditor to assess the overall technology architecture soon, as mandated by the RBI.
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More than 1/3rd of the results has been announced for the listed India corporate. Taking cognition of the top 100 heavyweight stocks of India, about 37 stocks have announced the results, as on 2nd of May, offering a considerable understanding of the upcoming full cycle. These 37 stocks were expected to provide a YoY PAT growth of 6.9%, while the actual growth is 10.1%, better than expected.
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ISS urged Boeing Co. investors to vote against a $32.8 million pay package for its chief executive officer, citing concerns over a special equity award and a “sizable increase" in his long-term incentive grant. CEO David Calhoun’s 45% pay jump from the prior year should be rejected at the company’s annual meeting on May 17, the shareholder advising firm said in a new report.
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