Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
IndusInd fiasco: CEO made ₹100 cr in share sale
The Morning Standard
|March 14, 2025
CEO Sumant Kathpalia and deputy CEO Arun Khurana sold shares worth ₹157 crore during 2023 and 2024
INDUSIND BANK chief executive Sumant Kathpalia and deputy chief executive Arun Khurana sold net worth ₹157 crore during 2023 and 2024. During this period, they had also bought shares worth ₹59 crore.
Both executives are beneficiaries of the employees stock option scheme (Esops) and they sold and bought back the shares of the bank under this option.
The fifth-largest private sector lender has been in trouble since this Monday when it had declared that it did not make provisions for its losses—running into at least ₹2,000 crore according to analysts—or 2.35% of its networth, which as of December 2024 had stood at ₹64,000 crore, for its forex derivatives book. The Hinduja promoted bank said it had conducted the review of its book after the Reserve Bank has asked it to do so.
Esta historia es de la edición March 14, 2025 de The Morning Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Morning Standard
The Morning Standard
Centre scraps move to give Chandigarh to L-G
AMID the political uproar in Punjab over the Centre's purported move to table a bill that brings Chandigarh under the ambit of Article 240 of the Constitution, the Ministry of Home Affairs (MHA) on Sunday retracted its decision.
1 min
November 24, 2025
The Morning Standard
City to have 2 more revenue districts, SDM count to go up
THE Delhi government is preparing for a major administrative overhaul to streamline governance.
1 min
November 24, 2025
The Morning Standard
PM moots global Al compact to check misuse
Says critical technologies must be human-centric, not finance-centric; announces Al summit in India next year
1 mins
November 24, 2025
The Morning Standard
Accused spent 2 years to procure explosives: NIA
INVESTIGATIONS into the Faridabad \"white-collar\" terror module linked to the Delhi blast have revealed that the network spent nearly two years procuring explosives and remote-triggering devices.
1 min
November 24, 2025
The Morning Standard
Lakshya ends title drought in Sydney
AT long last, Indian shuttler Lakshya Sen ended up on the winning side as he captured the Australian Open, his first title of the season.
1 min
November 24, 2025
The Morning Standard
Rahul to lead India in SA ODIs
WITH both the designated captain and vice-captain out of action due to injury, KL Rahul has once again been entrusted with the responsibility to lead India in the upcoming ODI series against South Africa.
1 mins
November 24, 2025
The Morning Standard
NO LOVE In THEAIR
The city hospitals are witnessing a disturbing new trend. Patients now include people who are otherwise healthy. There is an unprecedented surge in respiratory illnesses affecting all, skyrocketing the demand for inhalers and other related medication
6 mins
November 24, 2025
The Morning Standard
HC voices shock at severe penalty on childcare leave
THE Delhi High Court has set aside an order reducing the pay of a Central Secretariat Service officer for three years due to her \"child care leave\", saying the punishment \"shocks the conscience of this court\".
1 mins
November 24, 2025
The Morning Standard
UN reforms a necessity, no longer optional: Modi
PRIME Minister Narendra Modi on Sunday made a strong appeal for reforms in the UN Security Council and urged that the India-Brazil-South Africa (IBSA) grouping should send a clear message that changes to global governance institutions are no longer optional but a pressing necessity.
1 min
November 24, 2025
The Morning Standard
Chess WC: Sindarov and Wei Yi seal Candidates spots
UZBEKISTAN'S GM Javokhir Sindarov and GM Wei Yi of China will be facing off in the finals of the FIDE World Cup 2025 after they won their respective semifinals via the tiebreak and also confirmed their Candidates Spots on Sunday.
1 min
November 24, 2025
Listen
Translate
Change font size