ADITYA PAREKH
Raging bulls of India: D-Street dances to RBI record
The key index closed at a record 22,967.65, up 369.85 points or 1.64%, after hitting a peak of 22,993.60 during trade. The BSE Sensex rose 1,196.98 points, or 1.61%, to end at 75,418.04.
Q2 results: These 17 companies are likely to report loss. What should investors do?
Restaurant Brands Asia, which runs Burger King India, is seen reporting a quarterly loss of Rs 15.7 crore. While Kotak has a 'reduce' rating on the stock, Motilal has given a buy rating.
League of legends: Indian bankers who created investor wealth
Kotak along with Deepak Parekh, Aditya Puri, and KV Kamath played a pivotal role in development of these financial giants including Kotak Mahindra Bank, HDFC, HDFC Bank, and ICICI Bank, respectively, creating outsized wealth for investors. ET looks at how the four lenders grew under the tenures of these leaders.
Deepak Parekh bids adieu: Why the man who built HDFC never owned more than 1% of it
The filial relations as a metaphor have been on Parekh's mind. Last year, while announcing the plan to merge HDFC with its bank, Parekh had said, "As the son grows older, he acquires the father's business." He is leaving when the son, HDFC Bank, has grown up enough to take care of the father, HDFC.
Deepak Parekh signs off: Looking back at an industry icon's extraordinary career
“It is my time to hang my boots with both anticipation and hope for the future," Parekh wrote to HDFC shareholders for the last time as chairman. "While this will be my last communication to shareholders of HDFC, rest assured we now stride tall into a very exciting future of growth and prosperity."
Next few decades are India’s time; we have got tech & demographic dividend: Aditya Puri
Aditya Puri, former MD of HDFC Bank, argues that the Indian banking system has little systemic risk. While the US has recently experienced management and regulatory failures, India has asset liability matching, portfolio diversification, regulations on investments, deposits dispersion, reputation management, technology mix and good capital. The Puri family speaks highly of India, saying it's a great place for living, and explains that it's an excellent time to be involved in manufacturing because the country is experiencing a demographic dividend.
- Go To Page 1
Red Alert! 136 stocks on Nifty 500 hit 52-wk lows since Dec; RIL, Adani cos in list
Volatility in the market is expected to remain in the near term as Dalal Street will eagerly await the US Federal Reserve’s monetary policy decision in the aftermath of the collapse of 3 major banks in the country.
Possible outliers; 6 NBFCs with strong parentage which meet quantitative investing parameters
After the NBFC crisis in 2018. Regulatory changes happened across the board in the financial sector. Whether it was NBFC or bank space, the post NBFC crisis made life tough for all players. After a period of 5 years, while clean up is still on, some companies have emerged stronger after all the changes. The NBFC which survived and emerged stronger had one thing in common, they had strong parentage in terms of them being backed by a strong promoter group, who value their reputation. In order to sift through the long list we have combined some both qualitative and quantitative parameters to reach a final list of stocks with an upside potential according to analysts.
31 stocks hit all-time lows in 2022, can they see sunshine anytime soon?
The other stocks that hit all-time highs in 2022 include names such as Rainbow Children's Medicare, Restaurant Brands Asia, Motherson Sumi Wiring, Go Fashion (India), Vedant Fashions, and Adani Wilmar Ltd.
India’s lead in building digital public goods infrastructure is extraordinary: Microsoft CEO Satya Nadella
This is the Hyderabad-born Nadella’s first visit to India since February 2020, and comes just two weeks after Alphabet Inc’s India-born chief executive Sundar Pichai’s trip to the country.
Nearly 8 years ago, a RBI notification had triggered possible HDFC-HDFC Bank merger talks
Talks of a merger between HDFC Bank and parent HDFC Ltd had gained steam nearly eight years ago, when the Reserve Bank of India allowed banks to issue long-term bonds to fund infrastructure and affordable housing. At that time, key executives at both entities denied any such proposal. And today, the merger has been officially announced by the two players.
Accel India leads $55 million round in Investing super app Pluang
The latest funding round will enable Pluang to invest in growth in Southeast Asia and further expand its engineering and product team run out of India’s NCR.
Pre-IPO bout to value PharmEasy at $6 billion
Talks on with Amansa, Blackstone, OrbiMed and others as e-pharmacy eyes IPO at $7-8 billion valuation.
ET Awards: Saluting the leaders when it is business as usual, more so when it is not
Over the years, winners of ET Awards have faced a variety of business landscapes, external challenges and market conditions.Each year, a distinguished jury of the top leaders from business, government and policymakers picks the winners, who are felicitated in a glittering ceremony in the presence of Ministers and the top echelons of corporate India.
Former HDFC Bank MD Aditya Puri joins global pharma major Strides Group as advisor
Puri, who led HDFC Bank since its inception over 25 years ago, retired in October 2020, after a highly successful career which has made the bank the largest among private sector lenders.
Sequoia Capital and Faering Capital pump in $35 million in Finova Capital
Both Sequoia and Faering are existing investors in the Jaipur-based lender, which lends against mortgages to customers in Rajasthan, Delhi and Madhya Pradesh through its 100-odd branches. The US-based Sequoia has invested Rs 216 crore while Aditya Parekh-led Faering put in Rs 44 crore in this round concluded Monday, people familiar with the matter said.
Aditya Puri: A stickler who ensured a lot doesn't happen over coffee
While heading a foreign bank's operations in Malaysia in the early 1990s, Puri got an offer from Deepak Parekh of mortgage major HDFC to come back to India to start a bank in an economy which had shifted gears with a plethora of liberalising manoeuvres.
Aditya Puri family nets Rs 200 crore selling HDB stake
HDB Fin Services which is considering an IPO is valued at Rs 90,000 crore in the unlisted market.
HDFC Bank sets up panel to find successor to managing director Aditya Puri
"The board of directors of the bank at its meeting held today has constituted a search committee to identify a successor to Aditya Puri, the current managing director of the bank, whose tenure ends on October 26, 2020. The search committee shall evaluate internal and external candidates to ensure smooth transition," the bank said.
Govt spending will revive private sector investment: Rajnish Kumar, SBI chairman
“There is an obvious slowdown in demand... it is visible in every sector,” Rajnish Kumar said.
From Asian Paints to HDFC Bank, how ‘Unusual Billionaires’ flip the paradigm
At the core of exceptional businesses are exceptional men & women.
Balancing motherhood & work: After twins, Mallika Parekh was sending emails from the hospital
Aditya and Mallika recently turned parents to twin girls.
Happy times for the Parekhs: Aditya and Mallika set to become parents to twins
Parekh’s older son Aditya and daughter-in-law Mallika are set to embrace parenthood.
HDFC, HDFC Bank: Just stock and hold
HDFC was flat at Rs 1,633. 25, and HDFC Bank gained 0.6% to Rs 1,749.75.
Salary shocker: Your CEO may be taking home 1,200 times more money than what you earn
Median employee pay fell or remained almost the same last fiscal, while the ratio of the CEOs' pay to employees' pay remained astronomically high.
Faering Capital withdraws investment in Snowman Logistics
On Tuesday, the fund sold its investments in the company for a total value of Rs 37.1crore, gaining a multiple of 1.9x on the investment.
Private equity fund Faering Capital eyes bumper exit in RBL IPO
Faering is among the top five shareholders in the bank and the largest Indian private equity fund along with leading global institutions
'A Big Fat Greek Wedding': When Aditya Parekh and Mallika Tarkas took their vows
Surrounded by friends, food, music and the Aegean Sea, an exclusive look at how Aditya Parekh and Mallika Tarkas got hitched earlier this month.
Greece wedding for Faering Capital's Aditya Parekh
Aditya, 37, co-founded private equity firm, Faering Capital, with Sameer Shroff, a former Morgan Stanley executive.
Load More
