Keki Mistry

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Keki Mistry - Total results - 23
Aditya Puri successor: HDFC Bank reconstitutes search panel, Renu Karnad replaces Keki Mistry
Business

Aditya Puri successor: HDFC Bank reconstitutes search panel, Renu Karnad replaces Keki Mistry

On 28 November 2019, the bank had set up a six-member panel to find a successor to Puri who turns 70 on 26 October 2020.

Political, regulatory pressure on corporate governance impacting risk taking by firms: HDFC CEO Keki Mistry
Business

Political, regulatory pressure on corporate governance impacting risk taking by firms: HDFC CEO Keki Mistry

Company boards are operating under increased "political and regulatory" pressure to improve their governance standards, and the resultant risk averseness is a prime reason for the growth slowdown, HDFC's Chief Executive Keki Mistry said on Wednesday

HDFC Bank sets up six-member panel to find successor to managing director Aditya Puri
Business

HDFC Bank sets up six-member panel to find successor to managing director Aditya Puri

HDFC Bank on Thursday said it has formed a six-member committee to find a successor to Managing Director Aditya Puri who is set to retire in October next year

Budget 2019: HDFC vice-chairman and chief executive Keki Mistry calls for lower taxes to end black money
Business

Budget 2019: HDFC vice-chairman and chief executive Keki Mistry calls for lower taxes to end black money

There is a need to bring down the tax rates from the current high levels as it will help in improving revenue collection and reduce black money generation, according to HDFC vice-chairman and chief executive Keki Mistry

Rural economy to get a big boost due to elections; reforms over past decade will lead to positive outcomes, say Keki Mistry
Business

Rural economy to get a big boost due to elections; reforms over past decade will lead to positive outcomes, say Keki Mistry

Besides HDFC Ltd, 64-year-old Mistry is also on the board of four other group firms—HDFC Bank, HDFC Asset Management Company Ltd, HDFC Standard Life Insurance Company Ltd and Gruh Finance Ltd.

TCS appoints Keki M Mistry and former CEO of Dutch company as new independent directors for five years
Business

TCS appoints Keki M Mistry and former CEO of Dutch company as new independent directors for five years

India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said it has appointed Hanne Birgitte Breinbjerg Sorensen and Keki M Mistry as additional and independent directors of the company for five years.

Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday's review, say bankers; inflation expected to accelerate
Business

Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday's review, say bankers; inflation expected to accelerate

The monetary policy committee will start its three-day meeting from 3 October to decide on the fourth bi-monthly monetary policy. After two successive hikes, the repo rate currently stands at 6.50 percent.

HDFC CEO Keki Mistry urges RBI to open separate liquidity window for mutual funds to meet redemption pressures
Business

HDFC CEO Keki Mistry urges RBI to open separate liquidity window for mutual funds to meet redemption pressures

RBI had during the 2008 global financial crisis provided a special window for mutual funds (MFs) which were facing redemption pressures, to access funds

HDFC to raise Rs 13,000 crore to participate in HDFC Bank's preferential issue of shares
Business

HDFC to raise Rs 13,000 crore to participate in HDFC Bank's preferential issue of shares

HDFC, along with its wholly-owned subsidiaries, currently holds 21.01 percent in HDFC Bank.

India Inc salary mismatch: Private CEOs get up to 1,200 times more than staff, PSU chiefs just 3-4 times
Business

India Inc salary mismatch: Private CEOs get up to 1,200 times more than staff, PSU chiefs just 3-4 times

TCS saw the ratio between top-paid executive pay and the median employee remuneration rise to 515 times (from 460 times in previous year), while the same for Lupin stood at 1,263 times (though down from 1,317 times) for Chairman.

HDFC net rises 2% to Rs 2,106 cr, life insurance business buzz
Business

HDFC net rises 2% to Rs 2,106 cr, life insurance business buzz

Consolidated profit growth is low despite on a standalone basis the company reported 18 percent growth in profit and all the subsidiaries reported a healthy numbers.

HDFC net profit rises a tepid 8% to Rs 1,862 cr on deferred tax outgo in Jan-March
Business

HDFC net profit rises a tepid 8% to Rs 1,862 cr on deferred tax outgo in Jan-March

For the fiscal year 2014-15, consolidated net profit stood at Rs 8,763 crore as against Rs 7,948 crore in 2013-14

HDFC Q3 net rises 11.5% at Rs 1,425 cr on higher loan growth
Business

HDFC Q3 net rises 11.5% at Rs 1,425 cr on higher loan growth

HDFC said its loan book grew about 14 percent to Rs 2,20,000 at the end of December 2014 and its non-performing loans fell to 0.69 percent of the loan portfolio compared with 0.77 percent a year earlier.

Aditya Puri: HDFC-HDFC Bank merger makes sense, have no proposal yet
Corporate

Aditya Puri: HDFC-HDFC Bank merger makes sense, have no proposal yet

Top private sector lender HDFC Bank has said a merger with parent HDFC makes sense in long-run, but there is no proposal on the table and regulatory clarity is required to make such a deal "more beneficial".

HDFC raises home loan rates by 10 bps: What Mistry has to say
Business

HDFC raises home loan rates by 10 bps: What Mistry has to say

Housing Development and Finance Corporation, the country's largest mortgage lender, has increased its home loan rates by 10 basis points from 1 December, media reports said today.<br /><br />

HDFC net meets estimates, rises 10% to Rs 1266 crore
Business

HDFC net meets estimates, rises 10% to Rs 1266 crore

Housing finance company HDFC 's second quarter earnings matched expectations with the standalone net profit rising 10 percent year-on-year to Rs 1,266.33 crore from Rs 1151 crore.<br /><br />

 Widen tax base, don’t raise taxes in Budget 2013, says Keki Mistry
Budget 2013

Widen tax base, don’t raise taxes in Budget 2013, says Keki Mistry

The HDFC CEO says he is confident fiscal deficit target will be met in Budget 2013, but he hopes the FM expands the tax net instead of raising taxes

No price correction likely in Mumbai realty: HDFC
Economy

No price correction likely in Mumbai realty: HDFC

The only factors which can potentially bring down the prices are a dramatic improvement in building by-laws, which will allow more high rises and increase the supply, said Keki Mistry

HDFC did not face any slowdown: Keki Mistry
Business

HDFC did not face any slowdown: Keki Mistry

The HDFC scrip closed 0.62 per cent down at Rs 678.30 apiece on BSE, whose 30-share main barometer Sensex shed 0.73 percent.