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
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…
GIP-backed Pristine Logistics takes confidential route to IPO; picks Axis, CLSA, SBI as book managers
New Delhi-based Pristine Logistics & Infraprojects Ltd has confidentially filed its draft red herring prospectus with the Securities and Exchange Board of India under the pre-filing route for an initial…
US stock market today: S&P 500, Nasdaq futures jump as investors buy the tech dip; oil near 4-month low
The traded modestly higher on Monday, 29 June, as investors returned to beaten-down technology stocks following last week’s sharp rotation. A busy week of economic data releases and the annual…
Market
Yes Bank plans to raise up to ₹16,000 crore through equity, debt
Mumbai: Private sector lender Yes Bank on Monday said it plans to raise up to ₹16,000 crore, including up to ₹7,500 crore in equity and up to ₹8,500 crore in…
Godrej Agrovet pivots to brands, cuts commodity risk
After more than three decades of building consumer businesses, Sunil Kataria is applying the same discipline to one of India’s most diversified agribusinesses. His diagnosis: too much dependency on a…
Pricol to demerge driver information & connected vehicle solutions business
Pricol Ltd, the Coimbatore-based automotive technology and precision engineering products and solutions company, on Monday said that its Board of Directors has approved a scheme to demerge its driver information…
Godrej Pet Care eyes South market
Godrej Pet Care (GPC), a subsidiary of Godrej Consumer Products Ltd. (GCPL), has entered the Andhra Pradesh and Telangana markets. To start with, it launched Godrej Ninja, a pet-care food…
Axis
