HDFC and HDFC Bank's merger - touted as India's biggest-ever corporate merger - pumped up shares of the two entities on the bourses. Shares of Housing Finance Development Corporation (HDFC) skyrocketed 9 per cent while those of HDFC Bank zoomed 10 per cent. In comparison, the benchmark S&P BSESensex and the Nifty50 indices settled 2.2 per cent higher on Monday.
'Hardik has done very well and I have been impressed by his leadership.' 'His approach is in line with a modern-style of leadership which is collaborative.'
Virtually addressing employees of Air India across the globe, he said for the airline to be the best again there will be an organisational redesign, and it will "require a huge transformation, probably the largest transformation and the change all of you would ever go through". The carrier will expand its "outreach both domestically and internationally" and it has the desire to connect India with every part of the globe, he added.
"The Congress believes in the politics of appeasement and dynasty, whereas BJP follows politics of performance," Shah said.
The bill to create Telangana is likely to be introduced in Parliament on Tuesday.
The Board of Control for Cricket in India's committee on Lodha reforms on Saturday included demarcation of functions performed by honorary office-bearers and paid professionals to the list of reservations it has about the implementation of the Supreme Court order.
Fitch Ratings on Monday said uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays in privatisation of India's second-largest fuel retailer, Bharat Petroleum Corporation Ltd (BPCL). Affirming BPCL's rating at 'BBB-' with a negative outlook, Fitch said it continues to treat the potential divestment of the company by the Indian government as an event risk. "Bidders are conducting due diligence, but uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays.
'While they were respectful of the PM, it was clear that as ministers, they owed their positions as much, if not more, to Mrs Gandhi.' 'When attacks were mounted on the PM, there was very little coordinated effort by the Congress, UPA ministers or other politicians to speak up in his favour and strongly defend him.' B K Chaturvedi, Cabinet Secretary during the early years of UPA1, reveals how the Manmohan Singh-Sonia Gandhi equation worked. A riveting excerpt from Chaturvedi's memoir, Challenges Of Governance: An Insider's View
Ambani said, it will be ready for trials as soon as 5G spectrum is available and can be ready for field deployment next year.
United Against Hate started as an on-and-off campaign against lynching; today, with the passing of the Citizen (Amendment) Act, its members are on the street, protesting.
If the government chooses bifurcation it is likely to add two Rayalaseema districts -- Anantpur and Kurnool -- to Telangana, and Kadapa and Chittoor to Andhra. Vicky Nanjappa reports
President Xi said that the Chinese side is ready to work with the Indian side to carry forward the fresh impetus of bilateral relations.
Host cities were allowed to propose additional sports as part of he IOC's "Agenda 2020" reforms with an aim to help host countries' most played sports gain exposure via the Olympics.
Rather than lose direction with the Karnal protest, farmers decided to focus more on UP to defeat the BJP in the forthcoming assembly elections there, reports Nitin Kumar.
'Even in this age of self-willed and authoritarian leaders and spontaneous gestures, a script is still written,' notes Ambassador B S Prakash, imagining the 'talking points' are for the India-US summit on June 26.
President Biden underscored that the United States will 'continue to stand up for its interests and values and, together with our allies and partners, ensure the rules of the road for the 21st century advance an international system that is free, open, and fair', the White House said in a readout of the meeting.
A crucial meeting of the Congress Core Group on Friday will discuss the Telangana issue with "both options open" as a decision "cannot be postponed anymore", said senior party leader Digvijay Singh.
A top Home Ministry official said no note has been prepared yet to be placed before tomorrow's scheduled meeting of the Cabinet to be chaired by Prime Minister Manmohan Singh.
Trinamool Congress leadership is yet to take a call on ghar wapsi (return home) by former TMC leaders who had joined the BJP ahead of the recently concluded assembly elections which the Mamata Banerjee-led party swept.
In the midst of mounting pressure from both pro and anti-Telangana leaders, Congress President Sonia Gandhi on Tuesday met Prime Minister Manmohan Singh ahead of the crucial United Progressive Alliance and Congress working committee meetings to take a final decision on the separate statehood issue.
In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.
Every day when Akhilesh returns after a joust with political adversaries to his Camelot, which is Lucknow's 5, Kalidas Marg, it is time to hold court with advisors and loyalists.
President Pranab Mukherjee, the former trouble-shooter of the Congress party, may informally 'guide' the Union government in drafting the bill on the creation of Telangana.
The Rajiv Gandhi assassination, investigation and trial were all jinxed in parts, recalls N Sathiya Moorthy.
The former J-K CM said the general perception about the delay in government formation was that it is being done to salvage some bare minimum credibility for the PDP.
The Congress on Saturday rubbished media reports that it is going to use the Food Security ordinance as a trump card in the 2014 Lok Sabha polls, saying the United Progressive Alliance government at the Centre has come up with various schemes in the social sector and for the nation's welfare during its nine-year rule.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
"I will miss his tantrums" is what Congress president Sonia Gandhi said while bidding farewell to Pranab Mukherjee from the Congress Working Committee at a meeting which formally approved his name as the United Progressive Alliance's presidential nominee in June 2012.
'Hindutva doesn't teach you to stab someone in the back.'
With the Congress leadership reportedly inching towards a favourable decision on Telangana statehood demand, a party member of Legislative Assembly and several YSR Congress legislators from non-Telangana regions on Thursday said they have "resigned" in support of united Andhra Pradesh.
Harvard scientists, including one of Indian-origin, have created the world's largest robotic swarm -- 1,024 little bots standing on pin-like legs -- that can assemble into predetermined shapes.
BJP president Amit Shah had said during the campaign that the party was fighting the election under Rupani and Nitin Patel.
Don't look for a volunteering job for money, but as an investment for life, advises management consultant Virender Kapoor.
Revenue from its IT services business rose 9 percent to $1.86 billion.
Chief Minister Pinarayi Vijayan and leadership of the LDF were quick to welcome Jose faction's decision to cooperate with the front.
The central bank is engaged with other financial institutions for investment as part of the scheme to resurrect Yes Bank under RBI imposed moratorium since March 5.
The Union Cabinet on Thursday night gave the go-ahead for the creation of a 10-district Telangana and outlined the blueprint for carving out the country's 29th state from the current Andhra Pradesh.
Why is China's supreme leader promoting Han Chauvinism so aggressively, asks Claude Arpi.
The farm sector has been resilient to the COVID-19 shock and is estimated to grow at 3.9 per cent this fiscal, the Economic Survey said on Monday, while suggesting to the government to give priority to crop diversification, allied farm sectors and alternative fertilisers like Nano urea. The Economic Survey 2021-22 also pitched for increasing agriculture research and development (R&D) and organic farming, besides use of new technologies like drones. "The performance of the agriculture and the allied sector has been resilient to the COVID-19 shock. ...Growth in allied sectors including livestock, dairying and fisheries has been the major drivers of overall growth in the sector," the Survey said. The agriculture sector has experienced buoyant growth in the past two years.
Hectic political activities continued for the second consecutive day in the ruling Bharatiya Janata Party in Karnataka on Thursday, as party's national general secretary in-charge of the State Arun Singh started meeting leaders and legislators individually, in the backdrop of speculations over replacing Chief Minister B S Yediyurappa.
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