HDFC Bank CEO Sashidhar Jagdishan expects margins to improve from next quarter as interest rates move upwards, despite the lender reporting a record-low NIM in Q2. He also expressed confidence in incoming CEO Anup Bagchi and the bank’s leadership depth.
Bharucha’s exit comes after he emerged as a leading internal contender to succeed Managing Director and Chief Executive Officer Sashidhar Jagdishan, who is due to step down at the end of his term on October 26, 2026.
Hunger Pangs, operator of Burma Burma Restaurant & Tea Room, has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to ₹150 crore and an offer for sale of up to 2.79 crore shares. Proceeds…
Central Bank of India’s asset quality improved sequentially, with gross non-performing assets (NPAs) declining to 1.61% as of September 30, 2026, from 1.86% in the June quarter and 2.60% a year earlier. Net NPAs fell to 0.14% from 0.15% in…
GPT Infraprojects subsidiary Alcon Builders and Engineers secured a railway signalling contract worth 134.11 crore rupees from Western Railway.
RailTel has secured two orders worth a combined ₹186.5 crore, including a major contract for railway recruitment exam services and a three-year IT infrastructure and cybersecurity deal.
Omaxe Limited received a RERA registration certificate from the Uttar Pradesh Real Estate Regulatory Authority for its commercial project in Mathura.
HDFC’s net non-performing assets (NNPA) stood at ₹11,851 crore, against ₹12,357 crore in the previous quarter. In percentage terms, the gross NPA ratio stood at 1.11%, while the net NPA ratio was 0.37%, compared with 1.17% and 0.41%, respectively, in…
India’s oil marketing companies have invited bids for around 1,100 crore litres of ethanol for the 2026-27 supply year, with offers for ethanol made from sugarcane juice, sugar, sugar syrup and B-heavy molasses excluded following the government’s directive to reduce…
Le Travenues Technology, parent of Ixigo, reported a net profit of ₹61.3 crore for the September quarter, driven by higher train and bus revenues.