ICICI Bank made an offer to acquire HDFC: Parekh

Veteran banker and former chairman of HDFC Ltd Deepak Parekh has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined. Photograph: Shailesh Andrade/Reuters HDFC Ltd, the parent entity of HDFC

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company’s last annual general meeting (AGM) ahead

Bajel Projects secures ultra-mega power transmission order from PowerGrid Corporation of India

Bajel Projects Limited has secured a major power transmission order from PowerGrid Corporation of India Limited (PGCIL), acting through its special purpose vehicle MEL Power Transmission Limited. The order falls under the company’s “Ultra-Mega” category, indicating a value of ₹400

Everyone thinks the S&P 500 is too expensive. Maybe it’s too cheap.

People are growing afraid of buying into the S&P 500, which appears expensive right now. A deeper look at the index shows that it could be undervalued. The fears are understandable. The index has soared, regardless of considerable economic and

‘Federal Bank Has To Now Play Test Matches’

‘We are focusing more on loan against property and used commercial vehicle financing, so the risk does not change significantly, but the yield is higher.’ Illustration: Uttam Ghosh/Rediff Federal Bank has to enter the league of big private-sector lenders in

Tech: Narrow band IoT is preferred connectivity option for smart meters

NB-IoT provides cellular-based connectivity with wide coverage and low power consumption, making it ideal for large-scale smart metering deployments. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Gerd Altmann/Pixabay.com   Narrowband Internet of Things

How Iran-Israel conflict affects India’s overseas trade

The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India’s overseas trade, an official said. Photograph: Amit Dave/Reuters The meeting was

Lilavati Trust files Rs 1,000 cr defamation suit against HDFC Bank CEO

Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Friday said it has filed a Rs 1,000 crore civil defamation lawsuit against HDFC Bank MD & CEO Sashidhar Jagdishan, over a series of malicious, and false statements made against the Trust

Dow, S&P 500, Nasdaq rise with Trump’s Iran decision, Fed rate cuts in focus

Jun 20, 2025 1:13 PM IST US Stock Market Live: Goldman, Citi Expect European Rally To Extend The perils of trade and geopolitics will only slow the rally in European stocks rather than derail it, according to Wall Street strategists.

Italys market watchdog calls for ECB coordination as banking deals boom

MILAN, – Italy’s financial markets watchdog Consob said on Friday a lack of regulatory alignment with the European Central Bank is creating friction in the oversight of a recent wave of Italian banking deals. The country’s banking sector has in