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5 mins read
Adani Hindenburg case: All your questions answered
Hindenburg alleged that during her tenure as a whole-time member at SEBI between 2017 and 2022, Buc…
3 mins read
Ultratech acquires majority stake in India Cements: What are the implications, all you need to know
The deal is worth around 3,954 crore, with UltraTech Cement buying a 32.72% stake in India Cements …
2 mins read
India Cement employees to lose jobs after UltraTech acquisition? Chairman Srinivasan answers
India Cements chairman N Srinivasan assured employees that there is no reason for employees to be c…
2 mins read
Ecos (India) Mobility's IPO to open on Aug 28; sets price band at ₹318-334/share
The company's maiden public issue is entirely an offer for sale (OFS) of 1.8 crore equity share…
PTI
2 mins read
HDFC Bank's Aditya Puri believes Sashidhar Jagdishan is the 'worthiest person' to succeed him
“I wouldn’t go into the qualities he possesses because most of us would know that. Suffice to sa…
3 mins read
Aditya Birla Fashion will now sell Reebok products in 11 Asian countries — and it may reap benefits soon
As part of the agreement, Aditya Birla Fashion and Retail would get exclusive rights to distribu…
2 mins read
PNB Housing Finance shares hit upper circuit six days in a row, but the potential upside could be limited now
Shares of PNB Housing Finance have hit the upper circuit six days in a row, more than doubling inve…
2 mins read
Former HDFC Bank CEO Aditya Puri and Carlyle will be among the new owners of PNB Housing Finance triggering an open offer
The board of non-banking lender PNB Housing Finance has approved a fundraising of ₹4,000 crore. For…
2 mins read
Paytm has got customers by way of cashbacks, not by rendering services, says former HDFC chief Aditya Puri
The remarks come amid a steep decline in Paytm's shares, which are now trading 75 per cent lower th…
PTI
2 mins read
SEBI asks PNB Housing to halt ₹4,000 crore preferential issue of shares
The Securities and Exchange Board of India (SEBI) has directed PNB Housing Finance to stall the pro…
2 mins read
Aditya Puri's replacement as HDFC Bank CEO Sasidhar Jagdishan is an insider since 1996
“RBI sent us the letter with Sashidhar Jagdishan’s name approved for the CEO post late last …
3 mins read
Birla is making Asian Paints and Berger Paints change colours— and it’s bad news for those who got shares in Indigo IPO too
It was worse for those who invested in the initial public offering (IPO) from Indigo Paints, b…
1 min read
Aditya Puri sells most of his stake in HDFC Bank for ₹843 crore
The MD of HDFC Bank, Aditya Puri has sold over 74.2 lakh shares, 95 per cent of his stake in the ba…
1 min read
Shares of Aditya Birla Sun Life AMC sees a tepid listing, opens at 2% premium
Shares of Aditya Birla Sun Life AMC IPO made a weak listing on stock exchanges as it debuted with 2…
5 mins read
Birla has the best wedding suits stacked up and he wants them displayed on your phone
The company has said that the new entity will build “a portfolio of distinct, new-age, digital b…
2 mins read
It's a cash flow problem, we need an unscheduled rate cut: HDFC Bank managing director, Aditya Puri
As the equities markets are drying up, Puri said that the economy will land in a cash flow probl…
2 mins read
Former HDFC Bank CEO Aditya Puri joins Carlyle Group — will advise the global investment firm on Asia bets
Former HDFC Bank CEO Aditya Puri has joined The Carlyle Group as a senior advisor. Puri, who was at…
5 mins read
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
2 mins read
Vodafone Idea shareholder complains Kumar Mangalam Birla did not disclose offer to sell his stake
The matter came to light on August 2 when it was reported by the media. The stock exchanges had …
7 mins read
A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party
The Paytm IPO was the second largest in terms of value, but it has been amongst the worst first-yea…