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By V Thiagarajan Most marriages in an Indian family or mergers in Indian corporate groups normally evolve in three phases — Early Hesitancy, Intermediate Exuberance and Final Realisation. The merger of HDFC-HDFC Bank, which hogged the headlines last week, has followed the script of the first two phases so far. In the first Hesitancy Phase, […]
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Mumbai: India’s largest private lender HDFC Bank on Monday agreed to take over the biggest domestic mortgage lender in a deal valued at about USD 40 billion, creating a financial services titan in the largest deal in the country’s corporate history. The proposed entity will have a combined asset base of around Rs 18 lakh […]
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Mumbai: Starting off the week on a strong note, the Sensex soared more than 1,100 points in early trade on Monday, driven by substantial gains in index majors HDFC Bank and HDFC amid mixed trends in Asian markets. In the morning trade, the 30-share Sensex skyrocketed 1,143.78 points to 60,420.47 points, while broader Nifty 50 […]
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Karimnagar: Telangana Academy for Skill Knowledge (TASK), Karimnagar, is set to organise a mega job mela at Sri Chaitanya College of Engineering here on Thursday. Representatives from (24)7. ai, Modak Analytics, VIIA Tech Solutions, Cluster IT, NIIT and HDFC will participate in the job mela and select candidates for their entry-level recruitment. Students, who have […]
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Some netizens expressed rage over the helpless situations of students during the pandemic while some supported the bank saying candidates selected without examinations can be a threat.
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For the quarter ended June 30, 2021, the net profit attributable to the corporation stood at Rs 5,041 crore as compared to Rs 3,614 crore in the previous year
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His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed a salary of Rs 4.77 crore for the fiscal year
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New Delhi: Life insurers in India should be allowed to play a bigger role to create an ecosystem in the healthcare sector so that they can be the “disruptor” rather than the “disrupted”, HDFC Life chairman Deepak S Parekh said in the company’s annual report. The year started on an uncertain note, the pandemic led […]
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Under a participating plan, a policyholder is eligible to get a share in the profits of company in the form of bonus.
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“Lower interest rates, stable property prices and PMAY schemes have made buying a house more affordable,” Renu Sud Karnad, MD, HDFC Ltd said.
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In December 2020, the RBI took the unprecedented step of stopping the largest private sector lender from selling any new credit cards and also launching new digital services.
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Several users took to social media to complain regarding the issues faced on the app.
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HDFC acquired shares of the Anil Ambani controlled engineering and construction major on account of invocation of pledge through Axis Trustee Services Ltd.
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National Scholarship Scheme (SAKSHAM) HRDM, 2021: The Human Resource & Development Mission invites applications for National Scholarship Scheme (SAKSHAM) HRDM, 2021 from candidates in the age group of 16 to 40 years. A step towards the Digital India initiative, this online examination reduces the processing time of the results and helps deliver scholarships to meritorious […]
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New Delhi: Mortgage lender HDFC Ltd on Friday reported a 31 per cent jump in consolidated net profit at Rs 5,669 crore for the last quarter of the financial year ended March 2021. It had posted net profit of Rs 4,342 crore in the same quarter of fiscal year 2019-20. Total income on the consolidated basis […]
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Chakraborty, a 1985 batch IAS officer of Gujarat cadre, retired as Secretary of Department of Economic Affairs in April 2020
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After a volatile session, the 30-share BSE index ended 202.22 points or 0.42 per cent lower at 47,878.45
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The 30-share BSE index was trading 1,427 points or 2.88 per cent lower at 48,164.32.
Similarly, the broader NSE Nifty plunged 431.90 points or 2.91 per cent to 14,402.95.
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In a statement, the AINBOF said privatization will primarily impact the general public only as the social objectives will be lost in the name of profitability.
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Heavy selling was witnessed in auto, IT, FMCG and banking stocks. However, metal stocks soared amid rising prices of metals.