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Grapevine: HDFC Bank spots three people for CEO; JV partners to fund Vodafone Idea

General

16 April, 2020

Grapevine: HDFC Bank spots three people for CEO; JV partners to fund Vodafone Idea

HDFC Bank has identified three contenders to succeed chief executive Aditya Puri: Executive directors Sashidhar Jagdishan and Kaizad Bharucha and ......

Sensex, Nifty rally but suffer worst week since 2008

Markets

20 March, 2020

Sensex, Nifty rally but suffer worst week since 2008

Indian shares rebounded strongly to finish 6% higher on Friday, driven by gains in IT and financial stocks, as policymakers ......

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

General

13 March, 2020

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......

Grapevine: TPG, James Murdoch, others in talks to invest in Dream11

General

09 March, 2020

Grapevine: TPG, James Murdoch, others in talks to invest in Dream11

Global private equity firms TPG, Advent International, James Murdoch’s holding firm Lupa Systems and home-grown Chrys Capital are in final ......

TransUnion CIBIL appoints HDFC Bank veteran as MD and CEO

Finance

25 February, 2020

TransUnion CIBIL appoints HDFC Bank veteran as MD and CEO

Mumbai-based credit information bureau TransUnion CIBIL Ltd has hired an HDFC Bank veteran as its new managing director and chief ......

HDFC Bank to tap Egon Zehnder to identify Aditya Puri's successor

Finance

23 January, 2020

HDFC Bank to tap Egon Zehnder to identify Aditya Puri's successor

HDFC Bank will retain global executive search firm Egon Zehnder to find a successor to managing director Aditya Puri, four ......

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Half the early birds post lower revenue for Q3 but profitability improves a tad

Finance

23 January, 2020

Half the early birds post lower revenue for Q3 but profitability improves a tad

India Inc.’s revenue growth slowed again in the quarter through December 2019 but profit growth recovered a little, an analysis ......

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Another VC-backed company faces bankruptcy

Consumer

21 January, 2020

Another VC-backed company faces bankruptcy

Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t take on bank loans, ......

Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

General

24 December, 2019

Grapevine: CPPIB front runner for Ashoka Concessions; Bain may buy Dinshaw's Dairy

Canada Pension Plan Investment Board (CPPIB) has emerged as front runner to acquire toll roads developer Ashoka Concessions at an ......

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......