Bank of Baroda (BoB), the country’s third-largest public-sector bank (PSB) by assets, on Tuesday sought applications for the post of chief financial officer (CFO). The last date for sending in applications is July 31. The appointment will be for a period of three years with yearly performance reviews. The term of engagement may be extended at the option of the bank.

Axis Bank on Tuesday said its board of directors has recommended three candidates for Reserve Bank of India’s (RBI) approval. The approved candidate will succeed its current managing director and CEO Shikha Sharma whose term ends on December 31, 2018.

The Women and Child Development Ministry has proposed that children of single mothers can apply for a PAN card without mentioning their father’s name. The move has been hailed by women’s activists and the national commission for women.

According to a Zee Business report, WCD Minister Maneka Gandhi had written to interim Finance Minister Piyush Goyal suggesting that kids of separated or divorced women or those adopted by single mothers must be given the option of dropping the name of their father.

The markets regulator is considering a proposal for delivery-based settlement of metal derivatives contracts.

Both the Multi Commodity Exchange (MCX) and National Commodity and Derivatives Exchange (NCDEX) had proposals in this regard and these are being discussed with the Securities and Exchange Board of India (Sebi).

A host of fast-moving consumer good majors on Tuesday committed to further reduce salt, sugar and trans fat in their offerings. Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent in line with the Food Safety and Standards Authority of India's initiative to encourage healthier eating practices.

Around 400 bids have come for 86 geographical areas on offer under the ongoing round, the ninth one, for city gas licensing.

Tuesday was the final date for these. The technical bids would be opened between Thursday and the week after.

Amazon.com Inc. has global aspirations for its medical-supplies marketplace, according to a job listing posted on its website, highlighting the e-commerce giant’s sweeping ambitions to disrupt healthcare by selling products to hospitals, doctors and dentists and offering prescription drugs.

The world’s biggest online retailer is looking to hire someone to lead outreach to medical-products manufacturers and service providers, who will focus on building the business in the US and then expanding it globally, according to a new job post.

The CBI has registered three separate cases of banking fraud against three Mumbai-based companies for an alleged banking fraud that caused a cumulative loss of over Rs 1.36 billion to State Bank of India, officials said here today.

One of the cases is against Top Worth Pipes and Tubes Pvt. Ltd, its Directors Abhay Narendra Lodha, Shishir Shivaji Hiray, Harshraj Shantilal Bagmar, the then SBI officials AGM ThyagarajuInamanamelluri,

Shares of Tata Consultancy Services (TCS) rose 3% to Rs 1,928 per share on the BSE in early morning trade after the country’s biggest software services exporter posted a better-than-expected rise of about 23.5% year on year (YoY) and 6.3% quarter on quarter (QoQ) in first-quarter (Q1) net profit, helped by strong growth in its banking, financial services and insurance division (BFSI).

The Railway's food catering arm IRCTC has ordered an enquiry into a complaint by a passenger of the 12246 Yeswantpur-Howrah Duronto Express about the quality of food served to him in the train, an IRCTC official said on Tuesday.

IRCTC Group General Manager (east zone) Debasish Chanda said that there were, however, tweets by at least 23 passengers travelling by the same train that reached Howrah last evening stating that the quality and taste of the food served to them were good.

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