Many are now cheaper after stock splits. But look at key parameters
The Bengaluru-based firm's revenue grew 17.3 per cent to Rs 20,609 crore in the quarter under review as compared to Rs 17,567 crore in the same period of 2017-18
As many as 40 applicants have thrown their hats in the ring for the top job of CEO at scam-tainted Satyam, whose board meeting is scheduled for Thursday to consider the appointment.
Housing Development Finance Corporation (HDFC) Chairman Deepak Parekh on Tuesday said that interest rates may rise owing to higher inflation, but lending rates are unlikely to change in the next one month.
A civilised society depends on having the greatest possible number of people who have a stake in society. Being a homeowner gives one a secure and direct stake in society; so that is the goal we need to work towards.
The show felicitated indie musicians like Dualist Inquiry and Nischay Parekh.
A Kolkata court on Wednesday rejected the bail application of former Calcutta Stock Exchange president Kamal Parekh and remanded him in judicial custody till July 7.
The banking industry is hoping for more rate cuts by the Reserve Bank, which in turn, will help soften both deposit and lending rates, a top financial industry expert said.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
City Football Group Chief Executive Officer Ferran Soriano said there is no doubt that India will become a major football nation in the coming years.
Most bankers on Monday ruled out the possibility of lending rates softening following RBI's move to suck out excess liquidity, but housing finance leader HDFC sees a scope for reduction."There is enough liquidity in the system, softening of lending rate could happen," HDFC chairman Deepak Parekh said. Interest rates can come down despite CRR (percentage of total deposits that banks keep with RBI) hike, he said.
His kids were there at their granddad's Eid celebration, but the superstar was missing...
Coal, land, insurance bills are cited as govt's commitment to reforms.
Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
'He will be missed by all of us in Saurashtra.'
Taking a cue from their Spanish co-owners and UEFA Champions League finalists Atletico de Madrid, the Kolkata franchise for the much-anticipated Indian Super League was named Atletico de Kolkata on Wednesday.
Given the developments, analysts expect fiscal and monetary support from the government and RBI to revive sentiment. However, recovery, they say, from these levels will be slow and painful.
Sukanya Verma looks at Bollywood's cool, curious, bag moments.
Polling for the 288-seat Assembly is being held in a single-phase on Wednesday.
Experts said this would not only reduce Infosys' dependence on the H1B visa, which has seen increased restrictions under the current US administration. It will also help the company in building an employee pyramid for its future operations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is up to the bank management to decide which application gets to interact with the CBS
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
'A whole universe of feelings and moods went into them.'
Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.
Puri gave up the comforts of Citibank to set up a new-age bank from a rat-infested room in the Kamala Mills Compound in Worli, Mumbai and build a marquee brand. A look at his 26-year stint as HDFC Bank's boss.
Banks are not allowed to lend to developers for purchasing land parcels.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'
The launch was attended by family and friends.
The windfall from RBI may be used to trim borrowing, help fund Rs 3.3 lakh crore capex plan, capitalise banks and provide fiscal stimulus to some stressed sectors, experts and economists said.
The Central Bureau of Investigation on Tuesday registered a fresh case against Kumar Mangalam Birla in coal allocation scam.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
Celebrities attend an awards show. Looking at the pictures.
Uncertainty lingers in the minds of retail investors due to scams.
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