Rakesh Sharma

The Axiom-4 crew, including Shukla, spent almost 20 days in space, with approximately 19 days aboard the ISS. Their stay involved several scientific and collaborative activities aimed at furthering microgravity research and international cooperation in space.

Axiom-4 Mission: IAF officer Shubhanshu Shukla set to fly to space on May 29 – here’s what he will do

Shubhanshu Shukla will be the first Indian to visit the ISS. His journey is a huge step for India's space ambitions.

Expect domestic two-wheeler sales to reach peak levels of FY19 latest by Q1 FY26: Bajaj Auto

Our expectation is that the two-wheeler market should grow around 6-8 per cent this year,” Bajaj Auto Executive Director Rakesh Sharma told reporters

Bajaj Auto expects to continue solid FY24 performance in current fiscal

The Pune-headquartered company, which posted an impressive 35 percent jump in net profit in the March quarter, is betting its CNG-driven bike, the world's first, will attract fuel-conscious customers

Enough signals from government that FAME is on last legs, says Bajaj Auto's Rakesh Sharma

Rakesh Sharma said that for Bajaj Auto, the restructuring of FAME will lead to a Rs 20,000 reduction in subsidy per scooter. The company is evaluating how to address this subsidy cut in vehicle pricing.

IDBI Bank expects to achieve bad loan recovery target for FY23, says MD

The bank will explore ways to expand unsecured lending in a cautious manner, the MD said.

IDBI Bank seeks approval from shareholders for a 10-fold hike in MD, CEO salary

The bank has sought the approval of its shareholders through a postal ballot which started on April 6 and will end on May 5, 2022, to pass the ordinary resolution, among others.

Semiconductor shortage hurts business, impact of Russia-Ukraine war minimal: Rakesh Sharma of Bajaj Auto

The company reported a 16 percent drop in its total sales to 3,16,020 units in February.

Former Canara Bank MD Rakesh Sharma takes charge as IDBI Bank MD, CEO

Sharma started his career at State Bank of India (SBI) before moving to Lakshmi Vilas Bank in 2014 and later to Canara Bank

Over Rs 700 cr of rights issue to come from govt: Canara Bank

Canara Bank is planning to allot up to Rs Rs 1,124 crore at Rs 207 per share via rights issue. Sharing details of the issue with CNBC-TV18 Managing Director & CEO Rakesh Sharma said roughly Rs 745 crore of this will be from the government and balance from other shareholders.

Canara Bank Q3 profit jumps nearly 4-fold, asset quality weakens

Public sector lender Canara Bank's profit in October-December quarter increased 279 percent to Rs 322 crore compared with Rs 85 crore in year-ago period, but asset quality worsened further on sequential basis.

MPC meeting starts, may go for 0.25% rate cut

This is the second meeting of MPC headed by RBI Governor Urjit Patel after the first in October, when it had cut repo, or the short-term lending rate, by 0.25 percent to 6.25 percent.

Canara Bank hopes Rs 32k cr deposits will help in NPA recovery

Bankers have maintained a positive stance after the roll-out of the demonetisation scheme. Rakesh Sharma, MD & CEO of Canara Bank concurs with the optimism and says that the bank is not facing issues since the Reserve Bank of India (RBI) formed the task force to manage the chaotic situation.

More high profile exits likely from Tata Group: Sources

Post Mistry‘s exit and disbandment of Group Executive Council, more exits are likely. CNBC-TV18‘s Nisha Poddar reports that one such exit is likely to be Indian Hotels MD & CEO Rakesh Sharma.

Asset quality under control; focus now on retail book: Canara Bk

Slippages during the first quarter were Rs 3,878 crore, of which Rs 648 crore was mainly in existing accounts, said Canara Bank Managing Director & CEO Rakesh Sharma.

AQR slippages stood at Rs 3300 crore for Q3: Canara Bank

In an interview with CNBC-TV18, Rakesh Sharma, MD and CEO of Canara Bank said that asset quality review (AQR) slippages stood at Rs 3300 crore for this quarter and the stressed assets witnessed an increase of 67 basis points.

Lakshmi Vilas Bank names P Mukherjee as new MD & CEO

"The Reserve Bank has given its approval for appointment of Parthasarathi Mukherjee as new MD and CEO of the bank for three years from the date of his taking charge," it said in a regulatory filing.

States to take over Rs 9k cr debt under UDAY: Canara Bank

The bank has a total exposure of Rs 23,000 crore to this sector, of which loans worth Rs 12,000 crore are under the Fiscal Responsibility and Budget Management (FRBM) scheme, says Rakesh Sharma, Managing Director and CEO, Canara Bank.

Slippages improved YoY to Rs 4000cr in H1FY16: Canara Bank

Canara Bank's asset quality has bottomed out and slippages improved to Rs 4,000 crore in the first half this fiscal, compared to Rs 5,000 crore last year, CMD Rakesh Sharma told CNBC-TV18.

Jayakumar takes over as MD and CEO of Bank of Baroda

P S Jayakumar, 53, has taken over as the chief of BoB at a time when the bank is under the investigation glare for an alleged fraud and black money transactions worth over Rs 6,000 crore.

Bajaj names quadricycle Qute; to export to 16 countries

Bajaj Auto plans to start exporting its much-delayed quadricycle, christened as Qute, across various global markets by month-end even as it awaits Supreme Court verdict to introduce it in the domestic market.

Rakesh Sharma takes over as Canara Bank MD and CEO

Sharma's s parental bank was State Bank of India wherein he had raised to the level of Chief General Manager in his long distinguished career of over 33 years, the bank said in a statement issued here.

Checkout the new faces of public sector banks

Checkout the new faces of public sector banks

Possible to see Q1 type income growth ahead: Lakshmi Vilas

Rakesh Sharma, MD & CEO of Lakshmi Vilas Bank spoke to CNBC-TV18 to discuss the quarterly performance and the road ahead.

Lakshmi Vilas Bank cuts base rate by 0.15%

Effective from July 1, it is the second reduction by the bank this fiscal. It had earlier cut its offering by 0.15 percent in April, following RBI Governor Raghuram Rajan's hardtalk asking bankers to reduce rate offerings.