While the new unit under brand name HDFC Life International will offer US dollar-denominated life as well as health insurance solutions, HDFC AMC International would provide fund management and advisory solutions as part of its offshore hub
"The saga of the highest court of law questioning the RBI on the moratorium was indeed unfortunate. Why should a central bank have to be answerable to a court on basic principles on which the financial sector operates on?" Parekh questioned, adding that interest payments on borrowings and loans are contractual obligations and that no laws are being violated.
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM-Cares Fund) was set up on March 28 to raise money for combating coronavirus outbreak and to provide relief to the affected.
MedGenome will utilise the funds to expand the clinical genomic testing market by penetrating small towns, it said in a statement.
HDFC ERGO General Insurance, one of India’s key private insurance company has been conferred the Gold Shield award by Institute of Chartered ...
Terming spending on education as abysmally low at 3% of GDP, eminent industry leader Deepak Parekh called for "aggressive" investments by the government as well as corporates in the sector, saying it is the key to unlock India's demographic dividend.
ICICI Direct‘s Amit Gupta feels the outperformance in HDFC Group is likely to continue. DLF, SBI and L&T, however, will not outperform, he adds.
In an interview to CNBC-TV18, Amit Gupta of ICICI Direct talked about Nifty and said that the future is trading almost to 100 point higher. He feels it is a good time to buy stocks as they can give us good returns.
Salt-to-software conglomerate Tata group has emerged as the country's most trustworthy corporate house, while the two Ambani groups are lagging way behind, a new survey said today.