HDFC shares drop 2% over CEO uncertainty, legal woes MUMBAI: Shares of HDFC Bank fell 2% on Thursday, with analysts citing uncertainty over the appointment of its next CEO. The bank also faces legal action in the US over alleged violations of securities laws for not disclosing adverse information related to a bulk deposits case.HDFC…
Creditors filed claims of Rs 22,006 crore against Subhash Chandra for the loans he backed. MUMBAI: With the National Company Law Tribunal this week clearing a repayment plan offering only Rs. 6.5 crore in a case concerning Zee Group’s Subhash Chandra’s personal guarantees for loans taken by his companies, HDFC Bank said it is exploring…
Passenger vehicle sales stood at over 12.7 lakh units during the April-June quarter. NEW DELHI: India’s vehicle market showed a clear regional divide in the first quarter of FY27, with Maharashtra emerging as the country’s biggest market for passenger and commercial vehicles, while Uttar Pradesh led sales of two- and three-wheelers.According to data released by…
There’s a particular satisfaction in walking up to a porch or balcony that’s clearly shifted with the season, planters that were bursting with summer petunias just weeks ago now glowing with warm oranges, deep burgundies, and that unmistakable cosy harvest-time feel. The good news is refreshing your outdoor planters for fall doesn’t require starting from…
The road transport ministry has decided to onboard Engineers India Ltd for the inspection work NEW DELHI: As concerns rise over deficiencies in quality of work and premature failures in expressways and NH projects, the road transport ministry will engage a third-party inspection agency (TPIA) for inspection and examination of around 5,000 km of expressways…
“Our focus should be on preparing sportspersons who will qualify and compete in different sports in 2036,” PM Modi said. NEW DELHI: Be it sport or society, the participation of youth is India’s strength, PM Narendra Modi said Thursday, calling upon them to take to sports at a time when more avenues have emerged for…
UEFA has issued a formal legal warning to Gianni Infantino over FIFA’s abandoned commercial plan, demanding the preservation of all documents and records as the fallout from the failed World Cup investment proposal intensifies. Gianni Infantino’s already turbulent relationship with European football has now entered a much more serious phase, with UEFA seeking evidence in…
Party netaSudhanshu Trivedi said Rahul is full of frustration. NEW DELHI: BJP Thursday latched on to claims made by the website ‘jhooth ki goonj’, which has sought to expose Rahul Gandhi’s assertions in his ‘chhatron ki goonj’ events, to dub him a “flag-bearer of lies” and said truth will prevail over his propaganda.“Rahul’s every lie…
PM Modi’s bilateral with Russia President Putin will follow EAM Jaishankar’s visit to Moscow this week NEW DELHI: PM Narendra Modi will have a bilateral meeting with Russian President Vladimir Putin on the margins of the upcoming SCO summit in Bishkek, said govt while announcing Modi’s two-nation central Asia tour to Uzbekistan and Kyrgyzstan that…
Govt data showed India exported 2.4 million tonnes (MT) of diesel in July this year. NEW DELHI: India’s export of petroleum products recorded a year-on-year surge of over 8% in July, as margins improved amid a global supply shortage following Russia’s ban on diesel exports and ample supplies of crude to India during the US-Iran…