The country's largest private sector lender HDFC Bank on Saturday said it will grow its loan book slower than the industry in the current financial year (FY25). The move comes as the lender looks to bring down its elevated credit - deposit (CD) ratio to pre-merger levels. "We will bring down the CD ratio faster than what we had anticipated.
The International Cricket condoled the sudden death of BCCI president Jagmohan Dalmiya, saying "cricket has lost a very experienced and seasoned administrator" in him.
The Supreme Court on Thursday suggested Board of Control for Cricket in India secretary N Srinivasan choose between an administrator's role in the Indian Cricket Board or owner of his IPL franchise Chennai Super Kings to avoid conflict of interest.
Lashing out at N Srinivasan for 'shamelessly sticking to his chair' even after the Supreme Court's observation to step down, former BCCI president I S Bindra asked him to quit before he drags Indian cricket down the gutter along with him.
A strong India would be good for world cricket, asserted BCCI President N Srinivasan as he defended the proposed structural revamp of the ICC under which the Indian Board would get a substantial control of the world body's functioning.
BCCI president N Srinivasan described Rahul Dravid, who announced retirement from all forms of cricket, as 'irreplaceable' and a role model for youngsters to emulate.
Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.
Rejecting criticism that United States President Barack Obama missed a golden opportunity to bring in diversity in the Supreme Court bench and could have chosen someone younger, the White House asserted that he nominated "the best" to serve on the apex court.
Narayanswami Srinivasan suffered a major setback on Thursday as the Supreme Court barred him from contesting any election of the Board of Control for Cricket in India on grounds of conflict of interest.
Board of Cricket Control in India chief and India Cements Managing Director N Srinivasan on Monday appeared before the Central Bureau of Investigation in connection with the disproportionate assets cases against YSR Congress chief Jagan Mohan Reddy.
Even as a storm raged in the Supreme Court over him heading the Board of Control for Cricket in India, N Srinivasan was miles away from it all, offering prayers in a temple in Chennai, on Friday.
Under-fire BCCI president N Srinivasan on Saturday continued to remain defiant by stating that no one could stop him from seeking an year's extension in the upcoming annual general meeting despite the chargesheet against his son-in-law Gurunath Meiyappan for betting during the Indian Premier League.
The US Senate judiciary committee's unanimous approval to Srikanth 'Sri' Srinivasan's nomination has ensured his confirmation by Senate to be a slam dunk; and seat on influential DC Appeals Court could be catalyst toward the Indian American judge's Supreme Court nomination, reports Aziz Haniffa.
Reposing full faith in the beleaguered Indian cricket team, BCCI chief N Srinivasan has said the side can still beat any top team in the worldand needs a little bit if luck to turn it around in Australia.
The Supreme Court on Tuesday allowed N Srinivasan to resume charge as president of the Board of Control for Cricket in India while setting up special panel to probe the spot-fixing scandal that rocked the sixth edition of the Indian Premier League.
Surrounded by luminaries, including Prime Minister Manmohan Singh's family, and with his hand placed on the Bhagwad Gita, Srikanth Srinivasan was formally sworn in as judge for the US Court of Appeals for the District of Columbia Circuit. Aziz Haniffa reports from Washington, DC.
Soon after being made the head of an "interim" set-up to run the Cricket Board, former BCCI President Jagmohan Dalmiya has backed incumbent N Srinivasan and said calling the arrangement an eyewash was "uncharitable and unreasonable".
After threatening to file a contempt petition in the Supreme Court, unrecognised Bihar Cricket Association secretary Aditya Verma wrote to ICC President Alan Isaac, pleading with him to stop sidelined BCCI chief N Srinivasan from attending the governing body's Executive Board meeting in Dubai.
The newly appointed International Cricket Council (ICC) chairman and BCCI's president-in-exile N Srinivasan and his son-in-law Gurunath Meiyappan were among those who were questioned by Supreme Court appointed Justice Mukul Mudgal panel members.
Under-fire coach Duncan Fletcher on Saturday joined the Indian team for the World T20 after having had discussions about his future with BCCI president N Srinivasan and secretary Sanjay Patel.
Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. This resurgence is primarily driven by strong demand for high-yield bonds from international investors amid improving liquidity conditions and reduced hedging costs. Indian companies raised ~32,619 crore through overseas bonds in the first half of 2024, surpassing the total amount raised via such instruments in the entire 2023, which stood at ~31,218 crore, according to PRIME Database. In comparison, ~45,237 crore was raised in 2022 and ~1.05 trillion was secured in 2021.
The legendary skipper plays his 200th match for CSK on Wednesday, and to mark the milestone, Dhoni was presented with a memento by frannchise owner N Srinivasan.
BCCI President N Srinivasan remained defiant today rejecting demands for his resignation but moves are said to be afoot to oust him in the wake of arrest of his son-in-law and CSK team owner Gurunath Meiyappan on betting charges even as Sunday's IPL final involving the team may be gone ahead with.
Tamil Nadu is leaving no stone unturned in marketing its upcoming global investors meeting on January 7 and 8. While business veterans are promoting the positives of the state's industrial climate through the 'Titans of Tamil Nadu" campaign, the state is narrating the human stories behind its robust industrial growth via the 'One Trillion Dreams' campaign. Among the industry bigwigs, who are showcasing Tamil Nadu to the world through this mega marketing initiative include Venu Srinivasan of TVS Motor Company, K M Mammen of MRF Ltd, Pratap Reddy of Apollo Hospitals, P R Venketrama Raja of Ramco Group, Mallika Srinivasan of TAFE; and Vellayan Subbiah of Murugappa Group.
Vijay Shekhar Sharma has stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited (PPBL), and the board of the bank has been reconstituted. The Reserve Bank has barred the PPBL from accepting deposits and credits from any customer post-March 15 for persistent non-compliances and continued material supervisory concerns in the bank. PPBL has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former executive director of Bank of Baroda Ashok Kumar Garg, and former IAS officer Rajni Sekhri Sibal, Paytm said in a regulatory filing on Monday.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
Coming down heavily on BCCI President N Srinivasan, the Supreme Court has asked him to step down for a free and fair probe in the betting and spot fixing scandal involving his son-in-law Gurunath Meiyappan and some cricketers, failing which it would pass an order.
The Supreme Court on Friday issued notices to the Board of Control for Cricket in India, N Srinivasan, his company India Cements which owns IPL team Chennai Super Kings, and Rajasthan Royals on a plea challenging Bombay high court order refusing to appoint a fresh committee to probe the spot-fixing scam in the sixth edition of the IPL.
BCCI President Anurag Thakur will continue as India's representative in the International Cricket Council.
Former Board of Control for Cricket in India president Narayanswami Srinivasan is facing fresh trouble after reports emerged that he hired a London-based firm to spy on other Board members, it was reported on Sunday.
A defiant BCCI President N Srinivasan today declared that he will chair the Board's Annual General Meeting scheduled to be held in Chennai on September 29.
Rajeev Srinivasan on why Narendra Modi is a threat to the establishment because he overturns many of the convenient myths they propagate
The all powerful working committee of the Board of Control for Cricket in India will meet in Chennai on Tuesday to discuss the Mudgal Committe report and decide on a new date for its upcoming Annual General Meeting.
Calling the life ban imposed on S Sreesanth "bizarre", his lawyer Rebecca John said the tainted pacer will challenge the BCCI's decision in court as it is "completely against the principles of natural justice".
The Supreme Court verdict accepting the Lodha Committee's recommendations on age-cap of 70 years for office-bearers of the Board of Control for Cricket in India effectively means the end of the road for veteran administrators like Sharad Pawar, Narayanswami Srinivasan and Niranjan Shah, to name a few.
Kapil is known to be a keen golfer, whose handicap was almost down to scratch at one time.
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
Narayanswami Srinivasan has given an undertaking in the Supreme Court that he will stay out of matters related to the Indian Premier League if elected BCCI president till he gets clean chit.
The Madras High Court on Wednesday ordered issue of notice to the state government and Tamil Nadu Cricket Association office-bearers, including its president N Srinivasan, on a petition which alleged irregularities in TNCA and sought appropriate action.
Former Punjab & Haryana Chief Justice Mukul Mudgal submitted a report to the Supreme Court on the Indian Premier League spot-fixing scandal, involving BCCI chief N Srinivasan's son-in-law, Gurunath Meiyappan.
