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Baldev Prakash takes charge as SBICAP Securities MD & CEO

New Delhi, June 30 -- Shri Baldev Prakash assumed charge as Managing Director & Chief Executive Officer of SBICAP Securities Limited (SSL), a full-service brokerage and group company of the State ... Read More


KPIL bags orders worth Rs.2,957 crore across T&D, buildings and water segments

New Delhi, June 30 -- Kalpataru Projects International Limited (KPIL) has secured new orders and notifications of awards worth approximately Rs.2,957 crore, the company informed stock exchanges on Tue... Read More


ICICI Prudential MF launches multi-asset active fund of funds scheme

New Delhi, June 29 -- ICICI Prudential Mutual Fund has launched Multi-Asset Active FOF, an open-ended fund of funds scheme investing in units of active equity-oriented schemes, debt-oriented schemes, ... Read More


Kotak Mahindra Bank shares fall 2% after CEO Vaswani confirms exit by year-end

New Delhi, June 29 -- Shares of Kotak Mahindra Bank fell 2.15 per cent to Rs.400.20 on Monday, emerging as one of the top laggards on the Nifty 50, as markets react to the departure of Managing Direct... Read More


HDFC Bank's board approves former CEC Rajiv Kumar as its PT Chairman

New Delhi, June 29 -- HDFC Bank has zeroed-in on another top finance ministry former bureaucrat as replacement for Atanu Chakraborty, who stirred a hornet's nest by abruptly resigning as Part-Time (PT... Read More


Bank of Baroda may raise up to $1 billion via senior unsecured notes issuance

New Delhi, June 29 -- Bank of Baroda (BoB) may raise up to $1 billion via senior unsecured notes issuance, with CareEdge Global Ratings assigning a BBB+/Stable long-term foreign currency rating to the... Read More


DRiV appoints Dhoni as brand ambassador

New Delhi, June 29 -- DRiV, a major global automotive parts manufacturer and the dedicated aftermarket business division of Tenneco, has appointed cricketing icon Mahendra Singh Dhoni as National Bran... Read More


Drug registry launched to enable access to drug information across the country

New Delhi, June 29 -- In an effort to standardise and unify medicine-related information across the country, a drug registry was launched , along with a slew of other digital health initiatives, by th... Read More


Banking sector needs more bold reforms, says Deepak Parekh

New Delhi, June 29 -- The banking sector needs new reforms and large banks to fund the ever-growing needs economy. Deepak Parekh, former Chairman, HDFC said the Indian banking sector needs new reforms... Read More


Axis Bank and Bandhan Bank's CFOs resign

New Delhi, June 29 -- The private sector banking space witnessed two senior leadership exits, with Axis Bank and Bandhan Bank on Monday announcing the resignations of their Chief Financial Officers (C... Read More