HDFC Bank has engaged domestic and international law firms to investigate the reasons behind former chairman Atanu Chakraborty’s sudden departure. The review will scrutinize board meeting records and whistle-blower complaints. This proactive step aims for an objective assessment of the issues raised. The bank is committed to upholding high governance standards.Read More
US markets mirrored global trends as Wall Street indexes saw a volatile session. Investors grappled with rising oil prices and potential de-escalation in the Middle East. Treasury yields climbed, adding pressure. Despite initial optimism from U.S. President Trump’s statements on talks with Iran, concerns over troop deployments persisted. Energy prices surged, impacting market sentiment.Read More
Nifty surged on gains in banks, auto and IT but formed an indecisive candle near 23,000 resistance, signaling uncertainty. Market direction hinges on next session’s opening. Analysts recommend Linde India and Prime Focus, citing bullish breakouts, strong momentum, and improving technical indicators.Read More
NBFCs have urged the finance ministry to replace flat LCR haircuts on lower-rated bonds with a graded system to boost liquidity and incentivize safer investments. The government has asked RBI to review the proposal, though global Basel III norms may limit regulatory flexibility.Read More
Adani Green Energy saw block deals with BNP Paribas buying and Morgan Stanley selling shares. Despite a December-quarter net loss, the company’s power supply revenue and EBITDA grew over 20%, driven by 5.6 GW new capacity, keeping 50 GW target on track.Read More
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