Lending major Yes Bank on Thursday submitted the names of the potential candidates for its Managing Director and Chief Executive post to the Reserve Bank of India (RBI).

According to the bank, the Board has submitted an application to the RBI to seek its approval for the names of the selected candidates.

Mumbai: Breaking its four-day rising spree, the BSE Sensex ended over 100 points lower on Thursday on selling in banking shares amid negative cues from other Asian markets.

After a volatile session, the 30-share index settled 106.41 points, or 0.29 per cent, down at 36,106.50, while the broader NSE Nifty fell 33.55 points, or 0.31 per cent, to finish at 10,821.60.

Mumbai: Forensic analysis shows 62 broking firms may have enjoyed preferential access to servers of National Stock Exchange of India Ltd (NSE), and not just the three that have been served showcause notices. This is according to three forensic audit reports by EY India Ltd, Deloitte Touche Tohmatsu India Llp and International School of Business (ISB). Mint reviewed excerpts of these reports.

Byculla, a south Mumbai neighbourhood, is known for its crowded and narrow lanes filled with honking cars fighting for space, its rows and rows of vegetable sellers, delicious streetside non-vegetarian food and its non-descript, medium-sized residential and commercial buildings.

One morning in July 2003, a group of four or five men struggled their way through the Byculla chaos to reach an old, worn-out, shabbily painted, medium-sized building.

Cryptocurrencies dropped on Thursday as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year.

The largest digital currency slumped as much as 6.2% in the European morning, erasing an earlier small gain to trade at $3,785.17 at 9:28 am in London.

Amazon.com Inc shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.

Bezos, whom Forbes lists as the world's richest person, worth an estimated $136.2 billion, said via Twitter on Wednesday that he and his wife of 25 years, MacKenzie, will divorce.

The death of a 52-year-old man from Kalyan did not stop his family from giving life to others. The family donated his organs which were quickly transplanted and ended up saving lives of six people in various parts of Mumbai.

On January 3, Pyarelal Jaiswal, 52 from Khadavali in Kalyan, was admitted Fortis hospital, Kalyan, after suffering brain haemorrhage. After four days of treatment, he was declared brain dead by the doctors on January 7.

The Union Cabinet Thursday approved the re-issuance of an ordinance making the practice of instant triple talaq a criminal offence, sources said.The earlier ordinance, issued in September last year, was to expire on January 22.

A bill to convert the ordinance into a law is pending in Rajya Sabha where the opposition has been resisting its passage.An ordinance has a life of six months.

Coal India (CIL) is expected to put another 25-30 million tonnes (mt) of coal under the hammer in the ongoing quarter.

This comes after e-auction volumes dipped following the decision to pump more coal into the coal-starved power sector through fuel-supply agreements (FSAs).

The country’s largest information technology (IT) services company, Tata Consultancy Services, earned its highest-ever net profit of Rs 8,105 crore in the seasonally weak third quarter (Q3) of 2018-19 (FY19). This was in line with market expectations, though revenue and operating margins missed consensus estimates narrowly.

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