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Govt notifies norms for composite cap on overseas investment

Jul 30, 2015

Govt notifies norms for composite cap on overseas investment

Under the modified norms, all types of direct and indirect overseas investments, whether portfolio or FDI, will be subject to a composite foreign investment cap for that particular sector. #ICICI Bank #FDI #Yes Bank #HDFC Bank #PolicyWatch #Kotak Mahindra Bank #Overseas investment #Foreign Currency Convertible Bonds
HDFC's low profit growth signals problems ahead; may hasten merger with bank

Jul 29, 2015

HDFC's low profit growth signals problems ahead; may hasten merger with bank

Even though HDFC's low profit growth is due to the blip of not receiving dividends from HDFC Bank in this quarter, the overall trajectory is downwards. #HDFC Q1 Profits #Realty Sector Slowdown #HDFC-HDFC Bank Merger
HDFC registers Q1 net profit of Rs 2,204 cr

Jul 28, 2015

HDFC registers Q1 net profit of Rs 2,204 cr

The company said the results were not comparable on account of certain dividend payments from HDFC Bank. #HDFC #EarningsShow #HDFC Bank #HDFC Capital Advisors
HDFC Bank earnings: What public banks (and Jaitley) should learn from private peers

Jul 21, 2015

HDFC Bank earnings: What public banks (and Jaitley) should learn from private peers

It would be useful for the government to plug the holes while doing it math on bank recapitalization, so that the taxpayers money is spent wisely #Arun Jaitley #HDFC Bank #public sector banks #Earnings #Bank Recapitalisation
ICICI Bank aims to double m-banking userbase to one crore by March

Jul 07, 2015

ICICI Bank aims to double m-banking userbase to one crore by March

The bank is adding five lakh digital banking customers per month at present, and mobile accounts for three lakh of those. #Business #ICICI Bank #SBI #HDFC Bank #Digital banking #CompanyNews #Nobile banking
Sensex shows resilience to Greece debt crisis, rebounds to end 116 pts higher

Jul 06, 2015

Sensex shows resilience to Greece debt crisis, rebounds to end 116 pts higher

After a weak opening, the Sensex had plunged to the day's low of 27,774.80, down 318 points from previous close, mirroring the weakness in other Asian markets. #Sensex #Reliance Industries #nifty #Sun Pharma #Greece #coal india #SBI #BSE #HDFC Bank #Lupin #EU #ITC #MarketClose
With an eye on Greece decision, Sensex gains 147 points to end above 28,000

Jul 03, 2015

With an eye on Greece decision, Sensex gains 147 points to end above 28,000

Market breadth ended positive as 1,526 stocks advanced against 1,439 declines on BSE. #Sensex #TCS #Bajaj Auto #NTPC #HDFC Bank #Lupin #MarketClose
PayPal to buy Xoom for $890 mn in cash to expand portfolio

Jul 02, 2015

PayPal to buy Xoom for $890 mn in cash to expand portfolio

The move provides PayPal entry into the profitable and growing remittances market of Xoom in emerging economies of India, China and Brazil, among others. #ICICI Bank #PayPal #Yes Bank #HDFC Bank #Bank of Baroda #Punjab National Bank #Federal Bank #Kotak Mahindra Bank #Union Bank Of India #Digital money transfer #Xoom Corporation #Dan Schulman