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HDFC Bank Surges After RBI Approves Appointment Of Sashidhar Jagdishan As New MD & CEO
Written by Abhishek Vasudev | Tuesday August 04, 2020Sashidhar Jagdishan joined HDFC Bank in 1996 as a manager in the finance function and was appointed as chief financial officer in the year 2008. -
RBI Approves Sashidhar Jagdishan's Appointment As HDFC Bank CEO, To Succeed Aditya Puri
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 04, 2020HDFC Bank, India's largest bank by market capitalisation, on Tuesday said that the Reserve Bank of India (RBI) approved the appointment of Sashidhar Jagdishan as its managing director and chief executive officer. Mr Jagdishan, who is currently group head and change agent at the private sector lender, will take charge from October 27. His appointment is for a period of three years. MrJagdishan will succeed Aditya Puri,who is due to retire on October 26. -
Agriculture Set To Cushion Impact Of Covid-19 On Economy In 2020-21: Government
Edited by Peter Noronha | Tuesday August 04, 2020Farming activities were exempted from the nationwide lockdown to facilitate uninterrupted harvesting of rabi crops and sowing of kharif crops. -
HDFC Bank Gets New CEO, Boosts Shares
Reuters | Tuesday August 04, 2020, BengaluruThe Reserve Bank of India (RBI) approved Sashidhar Jagdishan's appointment as the new chief of HDFC Bank. -
Sensex, Nifty Rise Over 1% As Banking, Energy Stocks Lead Gains
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 04, 2020Analysts awaited the Reserve Bank of India's policy statement due later this week for cues. -
Infosys Bags Order From National Bank Of Bahrain; Stock Rises 1%
Edited by Peter Noronha | Tuesday August 04, 2020National Bank of Bahrain and Infosys Finacle, a wholly-owned subsidiary of Infosys, announced the bank's decision to adopt the Finacle Cash Management Suite to digitally transform its transaction banking business, Infosys said in a regulatory filing to the stock exchanges. -
Byju's Nears $400 Million Funding, Set To Be Most Valuable After Paytm
Saritha Rai, Bloomberg | Tuesday August 04, 2020The deal values Byju's at $10.5 billion and could be signed as early as this weekend, said the person, who didn't want to be identified as the talks are private. -
Sensex Gains Over 250 Points, Nifty Tops 10,950; Auto Stocks Jump
Edited by Sandeep Singh (with inputs from agencies) | Tuesday August 04, 2020Oil futures gave up their overnight gains and fell in Asia due to nagging worries about an increase in the supply of crude. US stock futures were 0.02 per cent higher in Asia. -
No Changes In Petrol, Diesel Prices On Tuesday
Edited by Peter Noronha | Tuesday August 04, 2020In Delhi, the price of petrol stood at Rs 80.43 per litre and that of diesel at Rs73.56 per litre, and at Rs87.19 per litre and Rs80.11 per litre in Mumbai. -
Chinese Artificial Intelligence Company Files $1.4 Billion Lawsuit Against Apple In Patent Fight
Reuters | Tuesday August 04, 2020, Shanghai / San FranciscoIn the lawsuit filed in a local Chinese court, Xiao-i argued that Apple's voice-recognition technology Siri infringes on a patent that it applied for in 2004 and was granted in 2009. -
Sensex, Nifty Likely To Have A Firm Opening
Edited by Peter Noronha (with inputs from agencies) | Tuesday August 04, 2020The domestic stock markets are likely to open on a positive note, post the nearly 2 per cent sell-off witnessed in Monday's session, after strong US manufacturing data lifted the US markets higher. -
India's Electricity Generation Down Nearly 2% In July: Report
Reuters | Monday August 03, 2020Prime Minister Narendra Modi has been citing electricity consumption to show there are "green shoots" in the economy. -
Wockhardt To Supply COVID-19 Vaccines To UK
Reuters | Monday August 03, 2020, BengaluruAstraZeneca has indicated it would need 30 million fill-and-finish doses of their vaccine candidate, which the company intends to supply in the next few months, Wockhardt's chairman said. -
Suzuki First-Quarter Profit Nearly Wiped Out As Coronavirus Hits Sales In India
Reuters | Monday August 03, 2020, TokyoJapan's No 4 automaker posted an operating profit of 1.3 billion yen ($12.29 million), its worst quarterly performance on record, due to plunging car demand in India, its biggest market -
Chinese Artificial Intelligence Company Files $1.4 Billion Lawsuit Against Apple
Reuters | Monday August 03, 2020Xiao-i argued that Apple's voice-recognition technology Siri infringes on a patent that it applied for in 2004 and was granted in 2009
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