IDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This funding is targeted at eligible microfinance loans and is expected to enhance the bank’s financial performance by…
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Coffee Day Enterprises Limited has reported a significant one-time charge of ₹13.70 million. This exceptional expense stems from India’s new labour laws. The company adjusted its employee benefit provisions to align with the revised statutory framework.
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Japan’s Development Bank of Japan Inc. has entered India’s residential property market. It committed capital to HDFC Capital’s affordable and mid-income housing platform. This marks a significant new entry of Japanese institutional capital. The investment supports sustainable development and addresses…
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India Inc is stepping up exports, increasing localisation and expanding currency hedging as the weakening rupee starts hurting margins. Companies are also advancing imports and inventory purchases to lock in costs amid fears of further currency depreciation.
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Gillette India has announced a leadership reshuffle, appointing Ghanashyam Hegde as a non-executive director and Krishnamurthy Iyer as an independent director, both effective from July 1, 2026. Srividya Srinivasan will transition from Executive Director and CFO to Vice-President Finance, and…
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HDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payments to MSRDC as part of its marketing budget. The bank emphasizes its stringent internal controls and refutes any speculation of wrongdoing.
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