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Deepak Parekh headed power panel to meet next week Deepak Parekh headed power panel to meet next week A panel headed by HDFC Chairman Deepak Parekh will meet next week with the representatives of Tata Power, Adani Power and state distribution companies to break the logjam over increase in electricity tariff from power plants being fed with imported coal.
HDFC Life launches Health Assure Plan HDFC Life launches Health Assure Plan Private insurer HDFC Life has launched its new health insurance product, Health Assure Plan, which is aimed at providing a comprehensive health cover.
RIL rejigs investment portfolio; exits four banks RIL rejigs investment portfolio; exits four banks In a major revamp of its investment portfolio, Reliance Industries Ltd has sold off its holdings in four banks, HDFC Bank, Axis Bank, Canara Bank and PNB, but has tanked up its holdings in two others -- SBI and ICICI Bank.
Home prices near most affordable levels in over 30 yrs: HDFC Home prices near most affordable levels in over 30 yrs: HDFC Home prices may have been on an upward spiral for many years, but the cost of owning a house in India remains near the most affordable level in over three decades, shows data compiled by mortgage giant HDFC Ltd.
HDFC shares surge nearly 5% on smart Q4 earnings HDFC shares surge nearly 5% on smart Q4 earnings HDFC has declared dividend of Rs 12.50 per share.
HDFC Q4 net profit rises over 17% to Rs 2,083 crore HDFC Q4 net profit rises over 17% to Rs 2,083 crore Its consolidated net profit during the same quarter (January-March) a year ago stood at Rs 1,776.74 crore.
HDFC Life FY’13 Net up 66% at Rs 451 crore HDFC Life FY’13 Net up 66% at Rs 451 crore Private general insurer HDFC Life Tuesday reported 66.42 percent growth in net profit at Rs 451 crore in 2012-13, driven by healthy expansion in new business premium and other fronts.
IRDA probing money laundering allegations against insurers IRDA probing money laundering allegations against insurers Insurance regulator IRDA Monday said it is examining the allegations of money laundering levelled against LIC, Reliance Life, Tata AIA and Birla Sunlife and action will be taken against the guilty at the earliest.
No clean-chit to ICICI, HDFC, Axis; show-cause notices on way: RBI No clean-chit to ICICI, HDFC, Axis; show-cause notices on way: RBI The Reserve Bank on Friday said it has not given clean-chit to ICICI Bank, HDFC Bank and Axis Bank, which are accused of money laundering and flouting KYC norms, and stated the probe against the three banks is still on.
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