HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Both HDFC and HDFC Bank held general meetings on Friday to seek shareholder approvals for what is billed as the largest merger in Indian corporate history at over $40 billion. At the time of announcing the merger on April 4 this year, the entities had said the merger will take 12-18 months.
The Gujarat government's competitive examination for the recruitment of junior clerks was cancelled hours before it was scheduled on Sunday after its question paper leaked, officials said.
What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.
A bitter dispute has broken out in the Rajkot royal family of Gujarat over the ancestral property worth hundreds of crores with one of the members moving court.
57-year-old Rajesh Shantilal Doshi, who was buried under the debris for more than 14 hours but survived, talks about his miraculous survival.
Gujarat Congress working president Hardik Patel on Monday removed his designation and party poll symbol of 'hand' from his Twitter profile amid mounting speculation about his next political move after he launched a scathing attack on the state party leadership and praised the ruling BJP.
The API of Paracetamol, a fever and pain medication, has grown 25 per cent from Rs 450-480 per kg in December 2020 to Rs 580-600 per kg in April. When compared to the pre-Covid prices of December 2019, the surge is much steeper -- around 140 per cent, reports Sohini Das.
Police registered a first information report against the owner and manager of Neelcity Resort in Rajkot under Indian Penal Code Section 188 (disobedience to order duly promulgated by public servant) for opening the resort for Congress MLAs, in alleged violation of lockdown notification which does not allow hotels and restaurants to open till Monday.
A few years ago, when top officials of Indian state-run refiners went to Dubai to negotiate a crude oil supply contract, a senior official from state-owned Saudi Aramco told them, "We can negotiate on anything, but I am the last man standing for you. "Nobody can offer the range of crudes we do with certainty," an official who was part of the negotiating team recalls. Perhaps that explains why Saudi Arabia is less concerned about losing its place as India's premier oil supplier to an upstart like Russia, which emerged from nowhere to become India's biggest crude oil supplier in September and October.
The family members of the fishermen lodged in Pakistani jails say they would vote for those parties in the upcoming elections which assure to bring their relatives back from the neighbouring country.
But, the opposition Congress and some social activists hailed Twitter's decision to remove the cartoon, and claimed the BJP was trying to gain political mileage out of the court's judgment.
'There are 8-12 members living in the same accommodation. While in pre-lockdown days, since most were out on work, social tension among them was less because of limited interaction. But now, no food and livelihood, along with having to live in cramped conditions, is taking a toll on their mental health.'
Long caught between two polarities, Gujarat's electoral field has expanded to include a third party with the Aam Aadmi Party challenging the ruling Bharatiya Janata Party as well as the opposition Congress that has lost ground but still has significant presence.
India will play their first-ever Day/Night Test match against Bangladesh in Kolkata later this month.
An OBC leader, Thakor, who has good oratory skills, will have to take along all factions in the state unit while taking on the well-organised BJP which has been in power in the state from 1998.
An excited Ricky Ponting said he can't wait to get working with Delhi Capitals trio Ravichandran Ashwin, Axar Patel and Rishabh Pant in the IPL later this year after the trio's match-winning performances for India in the recent-concluded four-match Test series against England.
Changes in global oil and gas rates matter more to India's economy than other major economies because the country imports around 87 per cent of its oil, half of its gas in the form of LNG, and over 60 per cent of its LPG.
The Congress units in Rajasthan and Chhattisgarh, the only two states where the party is in government on its own, have passed resolutions that Gandhi be made the party's president.
The man sought after by parents when they want to admit their children to Ivy League colleges tells Anjuli Bhargava how a hobby became a source of livelihood.
Gujarat voters, spoilt for choice, are eagerly waiting to see what the BJP will offer them.
These vaccines have not yet been approved by the World Health Organization
In para taekwondo, India will be solely represented by 21-year-old Aruna Tanwar. The Haryana-based athlete, who will participate in the women's under 49kg K44 category, will be in action on September 2 from the round-of-16 rounds.
With the reduced strength at 65, the Congress may find it difficult to win 2 RS seats.
November 8 marks 6 years after demonetisation. A K Bhattacharya reveals how the prime minister and the RBI worked together for months before Modi's 8 pm speech. A riveting excerpt from The Rise Of Goliath: Twelve Disruptions That Changed India.
Axar recalled how the youngsters delivered positive results in the Test series Down Under when skipper Virat Kohli wasn't around.
Designers Purvi Doshi, Shashikant Naidu and Vaishali Shadangule opened Day 3 of the fashion week with Indian creations.
The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI Deputy Governor N S Vishwanathan.
'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'
'When people feel they are trusted, they invariably do their best, both as individuals and as a collective team.'
India's hopes in the Under-18 Open brightened as R Praggnanandhaa outclassed compatriot P Iniyan in the highly-anticipated battle between two Indian Grand Masters in the World Youth Chess Championship, in Mumbai.
Most companies inform the employees upfront about the background checks that would be carried out. And a clause is included in the appointment letter of the employees that the final decision will be subject to the results of background verifications.
Tremor is the most common presenting feature of Parkinson's disease, warns Dr Paresh Doshi. This tremor disappears while performing any action like eating, drinking, writing etc.
Designers Daniel Syiem, Gaurang Doshi, Shruti Sancheti and Purvi Doshi showcased their collection on Day Four.
PV Sindhu, Depika Padukone ensured Indian representation on the global front.
Nita Doshi and Devashish Sharma share a common goal to help poor patients who cannot afford treatment for cancer.
Small-budget movies are making bigger hits than big-budget movies.
Rediff readers share fascinating photos of India from their travels.
The Reserve Bank of India (RBI) on Wednesday proposed to make interoperability mandatory for digital payments firms. It also allowed users to withdraw cash from e-wallets and fintech companies to process RTGS and NEFT transactions. The RBI expressed dissatisfaction over prepaid payment instruments' (PPIs') failure to migrate towards full-KYC (know your customer) PPIs, and therefore interoperability, even two years after guidelines were issued.
If the FM can levy education cess to meet the cost of education, then why not defense cess for defense cost, health cess, food cess, and so on. What are the tax collections meant for, asks Kanu H Doshi, partner of Kanu Doshi Associates, chartered accountants, Mumbai.
The Congress has alleged that the Gujarat government was playing with the lives of coronavirus patients to promote 'Dhaman-1' ventilators made by a firm `owned by Chief Minister Vijay Rupani's friend'. The ruling Bharatiya Janata Party called the allegations levelled by the Congress on Thursday as baseless and said the opposition party was maligning the image of a local manufacturer.
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