October 28, 2020 | 8:25 PM IST
HDFC Quarterly Report

HDFC reports 19.6% jump in Q1; states uncertain future…

Private lender HDFC Bank on Saturday reported 19.6% rise in its first quarter net profits that concluded on June 30 (Q1 FY21). The profits of Rs 6,659…

HCL Corporation

Roshni Nadar Malhotra to head HCL Tech as father Shiv…

India’s wealthiest woman and daughter of Co-Founder of HCL Technologies Shiv Nadar, Roshni Nadar Malhotra (38), took over as the company’s new Chairperson…

43rd AGM

In first-ever digital AGM, Ambani confirms Google…

The Reliance Industries Limited held its first-ever virtual Annual General Meet (AGM) on Wednesday which was headed by Chairman Mukesh Ambani. During…

Miscellaneous

Ashok Lavasa to make a premature exit as Election…

In a surprise move, the Regional Development Bank on Wednesday announced that the Election Commissioner Ashok Lavasa will take over as the Vice President…

banking

CSB Bank’s shares shoot by 19% as Pralay Mondal appointed…

Private lender CSB Bank’s shares rose by 19.5% (Rs 179.90 apiece) on Friday – the biggest-ever single-day gain since listing – after it was announced…

financial irregularities case

SC extends major relief to audit firms Deloitte, BSR…

Giving major relief to two former auditors of the debt laden IL&FS Financial Services (IFIN), the Supreme Court of India, refused to stay the Bombay…

market

BSE opens over 700 points higher; Tata Steel, HDFC…

The Bombay Stock Exchange (BSE) surged 725 points to 33,954.66 while Nifty surged 201.10 points to 10,014.80 on Tuesday after the stock benchmarks crashed…

market

Sensex opens 554 points higher; IndusInd Bank and…

On Monday Sensex opened 1.6% (554 points) higher at 34,841.17 while Nifty added 184 points or nearly 2% to open at 10,326.75. The Indian stocks, on Friday,…

Finance Ministry

Cash-strapped Finance Ministry holds back approved…

The Finance Ministry has put on hold initiation of approved or assessed new schemes till March 31, 2021 as the department is struggling to cope with the…

idfc bank

IDFC announces 10% voluntary pay cuts for senior staff,…

The IDFC First bank has become the second after Kotak Mahindra Bank to announce that its senior management has volunteered to take a 10% cut in compensation…

home loan

Home loan borrowers can cheer-up as lenders slash…

It’s raining good news for home loan borrowers. The lending banks and corporations have reduced their interest rates on home loans giving for borrowers…

market

Credit rating company Moody’s predicts shrinking of…

The widely used credit rating company Moody’s Investors Service, on Wednesday, predicted that the global trade will see a sharp decline in consumer demand…