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 29.10.18

Extension for Puri at HDFC Bank

The RBI has approved the re-appointment of Aditya Puri as the managing director and CEO of HDFC Bank till October 2020.“The RBI, vide its letter dated October 22, has accorded its approval to HDFC B...
By Our Special Correspondent in Mumbai

Business  /  Published 14.04.20

Covid-19 cloud over Q4 results

This earnings season which kicks off from Wednesday will give an indication of the impact of Covid-19 on industry. Analysts are keen to see whether companies give a guidance in the wake of the virus-i...
By Our Special Correspondent in Mumbai

Business  /  Published 12.04.20

China central bank holds 1% in HDFC

The People’s Bank of China (PBOC), the Chinese central bank, has taken a little over one per cent in HDFC, the country’s largest housing finance company.Shareholding data released by the corporati...
By Our Special Correspondent in Mumbai

Business  /  Published 20.07.19

HDFC Bank profit up 21%

HDFC Bank, the country’s largest private lender, on Saturday met analysts’ estimates when it reported a 21 per cent rise in profit for the first quarter ended June 30. Net profits at the private l...
By Our Special Correspondent in Mumbai

Business  /  Published 19.06.19

Apollo Munich in HDFC family

HDFC is acquiring a majority stake in Apollo Munich Health Insurance Company for Rs 1,347 crore. Apollo Munich will subsequently be merged with the mortgage financier’s general insurance subsidiary ...
By Our Special Correspondent in Mumbai


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