Business  /  Published 29.09.19

Credit cards maintain momentum

The credit card business is expected to continue see strong growth and be a good source of revenue for banks even as they lag behind debit cards in penetration or spends.The industry saw a compounded ...
By Our Special Correspondent in Mumbai

Business  /  Published 26.09.19

Sensex surges over 400 points

Equity benchmark BSE Sensex rallied over 400 points in early session on Thursday, led by gains in banking stocks, tracking positive cues from global markets.After hitting a high of 39,008.83, the 30-s...
By PTI in Mumbai

Business  /  Published 01.11.18

HDFC net profit up, helped by stake sale

HDFC on Thursday reported a 25 per cent rise in net profit for the September quarter with its bottomline boosted by the part sale of its stake in its mutual fund arm even as robust loan demand fuelled...
By Our Special Correspondent in Mumbai

Odisha  /  Published 15.10.18

Swipe card to pay traffic fines in Odisha

The transport department will stop issuance of vehicle checking report (VCR) in manual form from November 1 and will opt for e-collection of all revenues.The department signed a memorandum of understa...
By Our Correspondent in Bhubaneshwar

Business  /  Published 25.12.19

Pvt firms beat LIC in payouts

Private life insurers have improved their settlement record compared with LIC but lag the PSU behemoth in earning profit, a study by the insurance regulator said.As many as four insurers — HDFC Life...
By Pinak Ghosh in Calcutta


Business  /  Published 13.03.19

HDFC Bank crosses milestone

HDFC Bank, the country’s most valuable lender, on Wednesday achieved a key milestone on the bourses — when the market capitalisation of its share crossed the Rs 6 trillion (lakh crore) mark.The pr...
By Our Special Correspondent in Mumbai

Business  /  Published 23.01.20

Fresh hunt for Puri successor

HDFC Bank will retain global executive search firm Egon Zehnder to find a successor to managing director Aditya Puri, four sources familiar with the matter said, as its board seeks to end an impasse a...
By Reuters in Mumbai

Business  /  Published 10.06.20

Sensex ends 290 points higher

The BSE Sensex surged 290 points on Wednesday following gains in index heavyweights Reliance Industries, HDFC and ICICI Bank amid persistent foreign fund inflows.After hitting an intra-day peak of 34,...
By PTI in Mumbai

Business  /  Published 10.06.20

Sensex gains over 200 points

Equity benchmark Sensex advanced over 200 points in early trade on Wednesday tracking gains in index-heavyweights HDFC twins, Reliance Industries and Kotak Bank amid sustained foreign fund inflows.Aft...
By PTI in Mumbai

Business  /  Published 08.01.20

Risk-averse attitude hits growth

Company boards are operating under increased “political and regulatory” pressure to improve their governance standards, and the resultant risk averseness is a prime reason for the growth slowdown,...
By Our Special Correspondent in Mumbai


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