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HDFC Bank Q2 Results Has Showcased a 20 Percent Net Profit Rise

HDFC Bank Q2 Results Has Showcased a 20 Percent Net Profit Rise

HDFC Bank Ltd. reported an increase in net profit for the fiscal second quarter of 2024. The lender's net profit increased 50.6% year on year to Rs 15,976 crore, up from Rs 10,605 crore the previous year. It topped the Rs 14,120 crore forecast...

SBI's Important Update On UPI Services Snags: Must Read For Customers

SBI's Important Update On UPI Services Snags: Must Read For Customers

As India’s largest public sector lender, State Bank Of India (SBI) has made a significant statement regarding its Unified Payments Interface (UPI) services. With this, customers might see sporadic fluctuations in the bank's UPI...

Byju Raveendran’s Share In Cap Table To Reduce As Akash Chaudhry Wears CEO Hat

Byju Raveendran’s Share In Cap Table To Reduce As Akash Chaudhry Wears CEO Hat

Aakash Educational Services, a BYJU subsidiary, is slated to undergo a shift in leadership as Aakash Chaudhry, the promoter of the coaching programmes, is expected to return as CEO. In April 2021, Aakash was acquired by the ed-tech business...

What If Bank FD Return Fails To Beat 5.4% Expected Inflation in FY24?

What If Bank FD Return Fails To Beat 5.4% Expected Inflation in FY24?

Last year, rates on fixed deposits (FDs) have risen gradually as FDs are very popular among the elderly. However, the post-tax returns may not be as attractive although FDs are well-known for their security and insurance coverage of up to 5 lakh...

Krishna Raghavan, Chief People Officer at Flipkart Quits

Krishna Raghavan, Chief People Officer at Flipkart Quits

Krishna Raghavan, Flipkart's chief people officer, has quit after more than a decade with the e-commerce business. A senior official at the organization confirmed Raghavan's decision to leave after a "long tenure" with the...

Demis Hassabis: Meet World’s Smartest CEO

Demis Hassabis: Meet World’s Smartest CEO

According to a Preply analysis, DeepMind CEO Demis Hassabis is the smartest CEO in the world, ranking ahead of notable worldwide CEOs such as Meta's Mark Zuckerberg, Tesla and SpaceX's Elon Musk, and even DeepMind's parent company...

Is Australia Giving False Hope Of Permanent Residency For International Students?

Is Australia Giving False Hope Of Permanent Residency For International Students?

In light of the Australian federal government's crackdown on student visa fraud, alarming data has revealed that only half of international students find work after graduating. Grattan Institute, Australia's largest public policy think...

TCS Bribery Scam: 16 Employees Found Guilty and 6 Staffing Firms Debarred

TCS Bribery Scam: 16 Employees Found Guilty and 6 Staffing Firms Debarred

Earlier this year, a recruitment misconduct case investigation was completed by Tata Consultancy Services (TCS), India's largest IT company.  Following its investigation, the IT giant fired 16 employees and blacklisted six business...

Credit Life Policies Is Likely To Witness 30 % Commission Cap

Credit Life Policies Is Likely To Witness 30 % Commission Cap

According to persons familiar with the situation, life insurance firms are close to agreeing to put a 30% restriction on fees paid to corporate agencies, such as banks and non-banking financial companies, for credit life policies. It comes as...

Making India’s Macroeconomic Environment Better With Structural Reforms

Making India’s Macroeconomic Environment Better With Structural Reforms

According to a top IMF official, the India's overall macroeconomic environment looks positive structural reforms are needed to improve the business environment, "Where I think there is a need for structural reforms if you want to truly...

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