HDFC Bank fines CEO, CFO after internal probe into MSRDC case
The HDFC Bank also issued formal warning letters to the three top executives besides levying penalties for what the bank termed “business overreach,” according to the company statement.
The HDFC Bank also issued formal warning letters to the three top executives besides levying penalties for what the bank termed “business overreach,” according to the company statement.
Three US law firms are examining whether HDFC Bank or certain executives may have violated US federal securities laws. No lawsuit has been filed, and the investigations remain preliminary.
Bank of Baroda inaugurated AAROHAN GCIC - its Global Capability Innovation & Transformation Centre.
The Union minister said the National Green Hydrogen Mission has moved beyond policy intent, with production incentives, pilot projects and indigenous manufacturing driving commercial-scale growth.
The company said it is not evaluating any proposal to enter the aviation carrier business, dismissing reports that linked it to plans for launching an airline.
Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) company undertaking the Dharavi Redevelopment Project (DRP), officially announced here on Wednesday that it has launched an Artificial Intelligence (AI) platform called ‘Dharavi Didi’, which will act as a 24x7 interactive AI companion answering all questions from Dharavi slum dwellers regarding the project's redevelopment and rehabilitation.
Indian pharmaceutical stocks declined in early trade after the US President unveiled a phased tariff regime on imported generic medicines, though analysts said India's cost advantage and regulatory hurdles make a major disruption unlikely.
Indian stock markets ended lower for the second consecutive session on Tuesday amid volatile trading.
The robust growth in these industries offset weaker performance in other sectors. Output declined in crude oil, natural gas, refinery products and fertilisers during the month, highlighting the uneven nature of the recovery across the core industries.
Replying to a question in the Lok Sabha on Monday, Minister of State for Finance Pankaj Chaudhary said the government currently has no plan to remove the tax on long-term gains from equity investments.
