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    RBI Confirms No Regulatory Action Needed Regarding HDFC Bank

    Mumbai, April 8 The Reserve Bank said on Wednesday that the minutes of HDFC Bank's board meeting and other records are reviewed as part of the supervisory exercise, and reiterated that the largest private sector lender has not been found wanting in terms of ethics and governance."I would like...
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    Navigating Market Volatility: FT's Investment Strategy

    Mumbai, April 2 Asset management firm Franklin Templeton has witnessed higher Systematic Investment Plan (SIP) flows in March compared to February, despite the negative impact on investor sentiment due to the West Asia conflict, a top company official said on Thursday.While there is widespread...
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    Investment Activity in DLF: Goldman Sachs, ICICI Purchase Shares

    New Delhi, March 20 Goldman Sachs and ICICI Prudential Mutual Fund collectively purchased over 43.40 lakh shares of real estate major DLF for nearly Rs 231 crore through open market transactions on Friday.According to BSE block deal data, Goldman Sachs, through its affiliate Goldman Sachs...
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    HDFC Bank Valuation Drops Following Leadership Change

    New Delhi, March 20 HDFC Bank shares ended over 2 per cent lower on Friday, extending the losses from the previous day, following the abrupt resignation of its non-executive chairman, Atanu Chakraborty, who cited "differences in values and ethics".The benchmark stock declined by 2.41 per cent...
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    IRFC Shares Fall as OFS Sees Limited Investor Interest

    New Delhi, February 26 The government's offer to sell 2% of its stake in Indian Railway Finance Corporation Ltd (IRFC) failed to attract full subscription on its final day, with both retail and institutional investors showing lukewarm response to the offer for sale (OFS).On February 24, the...
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    No Enforcement Action Recommended in Dr. Reddy's SEC Probe

    New Delhi, February 24 Dr. Reddy's Laboratories said on Tuesday that the U.S. Securities and Exchange Commission has not recommended any enforcement action against it due to an anonymous complaint alleging improper payments to healthcare professionals in Ukraine and other countries.The...
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