HDFC chairman Deepak Parekh on Friday exuded confidence that the synergies between HDFC Bank and the group companies will deepen with the bank taking on the mantle of ownership of the group following the reverse merger likely to be effective from Saturday. As chairman of HDFC Ltd, Parekh in the last message to the shareholders said home loans will now be complemented with HDFC Bank's core strengths -- its sales engine, execution capabilities at scale and deep insights on consumer behaviour. The reverse merger of parent HDFC Ltd with HDFC Bank is expected to be effective from July 1.
Brokerages expect Nifty50 companies to have cumulatively witnessed strong double-digit growth in their earnings in the first quarter of FY24 (Q1FY24). This growth in the combined earnings is expected to have been driven by banks, automakers, and oil & gas companies. Other sectors may report muted profit growth.
India made the blunder of reading the conditions wrong during the last WTC final in 2021 and shouldn't repeat the mistake this time as they eye their maiden ICC title in 10 years.
Who do you think should be part of India's playing XI for the second ODI against the West Indies?
The inaugural edition of the Global Chess League, which aims to revolutionize chess, got underway in Dubai, with the first two matches taking place on Friday.
Spain were Nations League runners-up two years ago to France and success will come as a major fillip after a disappointing World Cup in Qatar, where they were upset by Morocco in the last-16.
The FIR was lodged against food inspector Rajesh Vishwas, Sub-Divisional Officer of Pakhanjore RL Dhivar and Sub-Engineer Chhotelal Dhruv, both from the water resources department, at the Pakhanjore police station based on a complaint of nayab tehsildar (revenue official) of the area, a police official said.
The Chhattisgarh government has imposed a fine of Rs 53,092 on the official who allegedly drained out 41 lakh litres of water from a reservoir to retrieve his mobile phone.
With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnataka (563), Uttarakhand (560), and Maharashtra (444), according to the data.
India's ranking among Asian Football Confederation members, however, still remained static at 19th place
Eicher Motors is a leader in the premium motorcycle segment, where it holds market share of over 85 per cent under the Royal Enfield (RE) brand. The company's joint venture VE Commercial Vehicles (VECV) with Volvo, where it holds 54.5 per cent stake, gives it a strong footing in commercial vehicles (CVs). The company had good results in FY23 and it has a strong balance sheet and good operating margins.
Economies of Punjab, Andhra Pradesh, Madhya Pradesh, Uttarakhand and Haryana may have grown at a slower pace than the national economy during 2022-2023.
North East were 65 for 2, 475 runs in arrears, when bad light and rain forced an early closure to their first dig on Thursday.
Adani Total Gas Ltd, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said. The company retails CNG to automobiles and pipes gas to household kitchens for cooking purposes in 52 licences that cover 124 districts of the country. It has 460 CNG stations in the country and about 7 lakh consumers of its piped cooking gas.
Veteran striker Girelli, 33, replaced 16-year-old midfielder Giulia Dragoni in the 83rd minute and needed only four minutes to make an impact
Will take action against those abusing Shubman Gill's sister: DCW chief Maliwal
Kohli, who hit an unbeaten 101 from 61 balls, celebrated his hundred by pointing his bat towards wife Anushka in the stands at the M Chinnaswamy stadium in Bengaluru, who also returned the compliment by blowing a few flying kisses.
I think we have a great bowling attack for that Chennai wicket: Shubman Gill
Among the Sensex firms, ITC, SBI, Titan, Power Grid, Larsen & Toubro, Tata Motors, Hindustan Unilever and UltraTech Cement were the major laggards.
The number of ultra-high net worth individuals (UHNWIs) in India is expected to rise 58.4 per cent in the next five years from 12,069 in 2022 to 19,119 in 2027, a report by property consultancy Knight Frank said on Wednesday. In its "The Wealth Report 2023", Knight Frank said that the number of Indian UHNWIs, with a net worth of $30 million or above, fell 7.5 per cent in 2022 due to economic slowdown, rate hikes, appreciation of the US dollar and geopolitical uncertainties. Globally, the number of UHNWIs fell 3.8 per cent in 2022 compared to 2021.
Among the Sensex firms, Kotak Mahindra Bank, Asian Paints, Tata Consultancy Services, HCL Technologies, Infosys, Tata Steel, Wipro, Bajaj Finance, Tata Motors, Titan and Bajaj Finserv were the major laggards. In contrast, IndusInd Bank, ITC, Bharti Airtel, Maruti, UltraTech Cement, Mahindra & Mahindra and State Bank of India were the gainers.
Shares of MRF crossed a first time Rs 100,000 mark, hitting a record high of Rs 100,300, up 1.4 per cent on the BSE in intra-day trade. on June 13, 2023. The stock surpassed its previous high of Rs 99,879.65, touched May 8, 2023. Thus far in the current calendar year 2023 (CY23), MRF has outperformed the market by gaining 14 per cent on improved financial performance.
In its exit poll released after the voting on May 10, India Today-Axis My India predicted a clear majority for the Congress with 122-140 seats and gave the BJP 62-80 seats. It gave 20-25 seats to the JD-S.
Weighed down by anti-incumbency, the BJP heavily banked on Prime Minister Narendra Modi's personal appeal to enable it to sail through in the assembly elections but it was not to be.
Several pollsters have predicted that the Congress may have an edge in Karnataka, which is BJP's southern citadel, in a hung assembly with a couple of them even projecting that the grand old party may get a majority on its own.
ICC Rankings: India slips to 3rd spot, Australia remain world No 1 in ODIs
Equity benchmarks recovered most of their intra-day losses and ended marginally lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services. Helped by last minute buying activity in some of the index heavyweights, the 30-share BSE benchmark Sensex managed to trim most of its early declines and ended lower by 103.90 points or 0.17 per cent at 61,702.29. During the day, it had tumbled 703.51 points or 1.13 per cent to 61,102.68.
Today, he lies in an unknown grave in a corner of a farmer's field in Pakistan, having given his all for his country. A riveting excerpt from Ian Cardozo's Beyond Fear: True Stories on Life in the Indian Armed Forces.
A Chhattisgarh government employee allegedly drained out 41 lakh litres of water from a weir after his mobile phone fell into it in the state's Kanker district, an official said on Friday.
Since its results, the stock of bottling and beverage distribution company Varun Beverages (VBL) is up 7 per cent on the back of a strong 2022-23 January-March quarter performance, robust outlook, and revision in profit estimates. Given the sharp uptick, it is now part of the trillion-rupee club, with its market capitalisation at Rs 1.01 trillion. The stock is one of the best performers in the consumer space as well as the S&P BSE 200, of which it is a constituent.
A total of 11.45 lakh candidates out of 20.38 lakh have qualified the examination, up by 48 per cent from last year.
Less-than-expected rainfall and a poor spatial distribution, experts say, can rekindle fears of a rise in food and fuel inflation that can have an impact on the RBI's monetary policy. The fear of less than optimal rainfall due to El Nino this year, analysts believe, is the biggest short-term risk for the markets, which they said has not been fully priced in yet by them. Monsoon set over Kerala on June 08, a week later than its scheduled date.
Bindyarani Devi had a total effort of 194kg (83kg+111kg) in the non-Olympic 55kg category.
Bopanna had scripted history in March to become the oldest ATP Masters 1000 champion when he and Ebden won the BNP Paribas Open.
Both the BJP and Congress understand that coalitions and alliances are not just about numbers, but have symbolic value.
While it hit the national capital two days before schedule, its entry into the financial capital is two weeks late, the Met office said.
In a clash featuring remarkable centuries from both teams, Virat Kohli's magnificent hundred for Royal Challengers Bangalore stole the spotlight, despite Heinrich Klaasen's outstanding display for Sunrisers Hyderabad on Thursday, May 18, 2023, night.
The key performers who guided India to their second successive WTC final.
The output of eight infrastructure sectors registered a growth of 3.6 per cent in March 2023, the slowest in five months, showed government data released on Friday. The output of core sectors had increased by 7.2 per cent in February 2023 and 4.8 per cent in the year-ago month. The previous low was 0.7 per cent in October 2022.
The IMD defines a normal monsoon as one which delivers between 96 and 104 per cent of the 50-year average rainfall for the season.
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