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Business  /  Published 20.01.20

Poor results, crude spike pull down stocks

A disappointing set of results from some of the heavyweights amid higher crude oil prices on Monday dragged key indices lower with the benchmark BSE Sensex falling 416.46 points to end at 41528.91.Whi...
By Our Special Correspondent in Mumbai

Business  /  Published 03.03.20

Reliance Capital shares tank on default

Shares of Reliance Capital on Tuesday fell 3.72 per cent following a default in interest payment of Rs 5.47 crore to two lenders.On Monday, the Anil D Ambani firm had told the stock exchanges that it ...
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

Business  /  Published 06.06.19

Funds transfer relief

The Reserve Bank of India on Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital transactions and asked banks to pass on the benefits to custome...
By Our Special Correspondent in Mumbai

Business  /  Published 13.03.20

Bank trio, HDFC to buy shares

Three top private sector banks and mortgage behemoth HDFC have agreed to invest more than Rs 3,000 crore in Yes Bank, a shot in the arm for the RBI’s revival plan for the bank.ICICI Bank will inves...
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 11.04.19

Fixed maturity plans slide

The failure of some mutual funds to redeem their fixed maturity plans (FMPs) has severely dented their status as alternatives to fixed deposits. Two major fund houses — HDFC Asset Management and Kot...
By Our Special Correspondent 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


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