[ad_1] HDFC Bank | Image credits: Bloomberg HDFC Bank has decided to sell its 100 per cent stake in HDFC Education and Development Services Private Ltd. The transaction will be undertaken through the Swiss challenge method, HDFC Bank said in a regulatory filing on Saturday. “In this regard, HDFC Bank has, on … Read more
[ad_1] HDFC Bank has appointed Sumant Rampal to head the mortgage business of the lender with effect from Thursday. Rampal replaces Arvind Kapil, who will be joining the non-banking finance company Poonawalla Fincorp as MD & CEO. “We wish to inform you that based on the recommendation of the Nomination & Remuneration Committee, … Read more
[ad_1] Web Exclusive Illustration: Binay Sinha Stock market updates on March 21: Equity investors turned richer by Rs 6 trillion on Thursday with markets sprinting over 1 per cent in intraday deals. With this, the market capitalisation of all the BSE listed firms touched Rs 380 trillion during the day. The S&P … Read more
[ad_1] India and Indonesia have emerged as the bright spots in the Asian pack during the December 2023 quarter earnings season. According to an analysis conducted by Nomura, of the 78 companies that are part of the Morgan Stanley Capital International (MSCI) India Index, 35 have exceeded Street estimates, 25 have fallen short, … Read more
[ad_1] HDFC Top 100 Fund, launched in October 1996, featured in the top 30th percentile of the largecap funds category of CRISIL Mutual Funds Ranking (CMFR) for three consecutive quarters through December 2023. The fund’s month-end assets under management (AUM) increased from Rs 17,715 crore in January 2021 to Rs 30,980 crore in … Read more
[ad_1] India will achieve a market capitalisation of nearly $10 trillion by the turn of this decade compared with the current $4.3 trillion – a rise of around 132 per cent during this period, believe analysts at Jefferies led by Christopher Wood, their global head of equity strategy. The biggest risk in the Indian … Read more
[ad_1] Stock market live: Benchmark indices Sensex and Nifty are eyeing a higher start on Monday, as per early trends. At 7:15 am, the Gift Nifty futures quoted 54 points higher at 22,152 levels. The new week remains light on events or data to track with RBI and US FOMC’s latest meeting minutes to … Read more