How RBI triggered HDFC-HDFC Bank merger talks

Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and......

Q3 results preview: FMCG stocks vs capital goods sector

Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. Illustration: Dominic Xavier/Rediff.com However, price hikes will help......

RBI appoints external firm to audit HDFC Bank's IT infra

HDFC Bank on Tuesday said the Reserve Bank of India (RBI) has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service......

Adani group's Ebitda may go past Rs 1 trn in FY25 on infra, power biz

Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2......