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Stock recommendations for 31 August from MarketSmith India

New Delhi, Aug. 31 -- Stock market recap: Indian equities rebounded on Friday, snapping a two-day losing streak, as Nifty 50 climbed 84.80 points, or 0.35%, to close at 24,175.65, while Sensex added 3... Read More


The quintessential insider who stepped into Puri's big shoes is set to walk away

New Delhi, Aug. 31 -- For over three decades, Sashidhar Jagdishan was the HDFC Bank insider who rose through the ranks to inherit its most coveted seat. He joined the bank in 1996, spent years running... Read More


Investors pile into HDFC Bank a day ahead of CEO exit disclosure

New Delhi, Aug. 31 -- Foreign and Indian investors are expected to take the leadership transition at HDFC Bank Ltd in stride, with the lender's American Depositary Receipt (ADR) rising sharply ahead o... Read More


Centre may offer interest subvention for e-bus, e-truck charging infrastructure

New Delhi, Aug. 31 -- The ministry of heavy industries ministry may offer interest subvention for charging infrastructure alongside its proposed financing scheme for electric buses and trucks, as oper... Read More


India's consumer-protection framework has an AI blind spot

New Delhi, Aug. 31 -- What if an artificial intelligence (AI) tool provides materially wrong or misleading information that causes a user financial loss? Or a chatbot encourages or facilitates self-ha... Read More


Fiscal deficit at 26.8% of FY27 target by July as capital spending gathers pace

New Delhi, Aug. 31 -- India's fiscal deficit stood at Rs.4.55 trillion or 26.8% of the full-year budget estimate at the end of July, according to the latest monthly accounts released by the Controller... Read More


Tata Trusts seek regulator's nod to break deadlock in Tata Sons chair selection

New Delhi, Aug. 31 -- Bengaluru, Mumbai : Top executives of Tata Trusts have reached out to the Maharashtra charity commissioner to resolve an ongoing deadlock and formally launch the search for a n... Read More


HDFC Bank may turn to Plan B with just two months to find its next CEO

New Delhi, Aug. 31 -- India's largest private lender was not expecting to start its new leader hunt quite yet. But Sashidhar Jagdishan's decision on Saturday to not seek a new term as chief executive ... Read More


NPS schemes get a new classification: What PFRDA's revised framework means for your investment choices

New Delhi, Aug. 31 -- The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a standardised framework for classifying, naming and displaying investment schemes under the National... Read More


Kotak Mahindra Bank is said to recommend two internal candidates for CEO

New Delhi, Aug. 31 -- India's Kotak Mahindra Bank Ltd. has recommended two internal candidates to succeed Chief Executive Ashok Vaswani when his term ends next year, according to two sources familiar ... Read More