कोशिश गोल्ड - मुक्त
IndusInd fiasco: CEO made ₹100 cr in share sale
The New Indian Express Hubballi
|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.
यह कहानी The New Indian Express Hubballi के March 14, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The New Indian Express Hubballi से और कहानियाँ
The New Indian Express Hubballi
A VIOLENT STAR EXPLOSION JUST REVEALED A HIDDEN RECIPE FOR LIFE
A supernova’s surprising chemical bounty reveals how stars forge some of life’s essential elements
2 mins
December 10, 2025
The New Indian Express Hubballi
Ruckus in House over electoral reforms, SIR, Bihar poll results
THE debate on electoral reforms in the Lok Sabha turned combative on Tuesday, with the Opposition targeting the ongoing Special Intensive Revision (SIR) of electoral rolls and the Treasury benches firing back with the BJP’s emphatic victory in the Bihar elections.
1 mins
December 10, 2025
The New Indian Express Hubballi
LoP: TMC holding camps for SC/ST certs for infiltrators
TMC in panic because rolls revision will expose voter fraud: Suvendu
1 mins
December 10, 2025
The New Indian Express Hubballi
Khajuraho cabinet meet for Bundelkhand revamp
A special meeting of the Madhya Pradesh cabinet on Tuesday approved series of proposals focussed on the development of state’s Bundelkhand region — which has been counted among the most backward and underdeveloped regions of the country since decades.
1 mins
December 10, 2025
The New Indian Express Hubballi
India on 'Reform Express' drive, Modi tells BJP MPs
PRIME Minister Narendra Modi told the NDA Parliamentary Party on Tuesday that laws must never place unnecessary burdens on citizens.
1 mins
December 10, 2025
The New Indian Express Hubballi
Over 22L workers off from Gujarat MGNREGA records
FROM 2019-20 to 2024-25, over 7.49 lakh job cards under MGN-REGA were deleted, and nearly 22.68 lakh workers removed from job cards in Gujarat, raising serious questions on transparency, and eligibility in the state, the Lok Sabha was informed on Tuesday.
1 mins
December 10, 2025
The New Indian Express Hubballi
Red-letter day for TN's Kamalini & family
WHEN G Kamalini landed in Chennai on Tuesday evening after Tamil Nadu lost to Karnataka in the women's U23 quarterfinal two days ago, little did she knew the evening would turn into an unforgettable one.
2 mins
December 10, 2025
The New Indian Express Hubballi
PERILS OF AN UNCHECKED NARRATIVE
ACCORDING to some scholars, the worst tragedy in human history was an outcome of a misleading media narrative.
4 mins
December 10, 2025
The New Indian Express Hubballi
Anil Ambani's son booked by CBI in ₹228 cr bank fraud case
THE CBI has filed a criminal case against Jai Anmol Anil Ambani, son of industrialist Anil Ambani, following allegations of cheating and fund diversion that caused Union Bank of India a loss of %228.06 crore, the agency said.
1 min
December 10, 2025
The New Indian Express Hubballi
5% DA hike for over 10L Bihar govt employees
THE Bihar cabinet on Tuesday approved a 5% hike in the dearness allowance (DA) for over 10 lakh government employees and pensioners and creation of three new departments, including one for employment and skill development.
1 min
December 10, 2025
Listen
Translate
Change font size