Banking And Finance
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive Chairman
on Monday appointed , a former and ex-Chief Election Commissioner of India, as its Part-time (Non-Executive) Chairman, ending a months-long search for a permanent head following the abrupt exit of…
EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered
A stable and secure instrument for retirement savings, the Employees’ Provident Fund Organisation (EPFO) allows EPF account subscribers to withdraw full or partial funds under specific conditions. Notably, while partial…
Can you gift overseas property tax-free? What returning NRIs and OCIs should know
I worked in the UAE for over a decade and have now returned to India permanently. While I was a UAE resident, I purchased an immovable property in the UAE.…
Bandhan Bank CFO Rajeev Mantri resigns, to leave in September
‘s chief financial officer resigned on Monday, the private sector lender said in a filing to stock exchanges, citing as his reason for leaving. Mantri, who also held the title…
Market
Geopolitics jitters drag Nifty below 24,000; Rupee slips on month-end Dollar demand
as escalating tensions in West Asia rattled investor confidence, sending the benchmark Nifty 50 below the psychologically critical 24,000 mark for the first time in recent sessions. Profit booking in…
Exits from gold ETFs last week surged to year’s highest
Investors’ exits from physically backed gold exchange-traded funds (ETFs) last week were the largest yet this year as gold declined by over three per cent to near $4,000 an ounce,…
Himadri Speciality Chemicals bets big on EV battery materials with 100 GWh manufacturing facility
, one of India’s leading specialty chemicals manufacturers, has announced plans to set up the country’s largest battery materials manufacturing facility, a move that the company expects will significantly boost…
Gold breaks 3-day falling streak, rises ₹1,300; silver drops ₹2,000
Snapping the three-day falling streak, gold prices rebounded by ₹1,300 to ₹1.46 lakh per 10 grams in the national capital on Monday on value buying by traders. According to the…
Market
Ola Group renews five-year lease for 4.27 lakh sq ft Bangalore office
has renewed leases for about 4.27 lakh sq ft of office space at Prestige RMZ Star Tech in Bengaluru’s Koramangala, according to property intelligence platform Propstack. The lease renewals, registered…
Prosus bets bigger on India as PayU turns profitable, expands startup portfolio
Technology investor Prosus is doubling down on India after its fintech business PayU achieved profitability for the first time and the company expanded its local investment portfolio with bets on…
Tata Motors says Iveco deal on track for Q2
Tata Motors Ltd Chairman N Chandrasekaran on Monday said the proposed acquisition of Iveco Group is expected to be completed by the second quarter of FY27, subject to regulatory approvals…
2 workers die at Amazon warehouse fire; union demands action & suitable compensation
The Amazon India Workers Union (AIWU) has lodged a complaint to Chief Labour Commissioner (Central), Union Ministry of Labour & Employment, and Chairman of the National Human Rights Commission, alleging…
Axis
