HDFC Bank to cut lending rate by March: Aditya Puri
Having cut its deposit offering by up to 0.50 %, the country’s second-largest private sector lender HDFC Bank will be cutting its lending rate by March, a top official said on Friday. “Now I’ve reduced my fixed deposit rates, and you will see by March or so base rate will come... read more »
Vishal Sikka’s New Mantra for Infosys Wows Analysts
Infosys organised an investor meet at its Pune campus on Thursday, where analysts who track the company got a chance to speak to CEO Vishal Sikka and get an insight into the thinking of the new management. This was the first analyst meet the 47-year old Dr Sikka addressed since taking over as CEO... read more »
Give Rs 15,500 to get Rs 5.50 crore: Scamsters posing as Raghuram Rajan
Taking bank lottery scam to a new level, scamsters are using the name and picture of RBI chief Raghuram Rajan to lure gullible people into making a cash deposit of Rs 15,500 to get a winning amount of Rs 5.50 crore. The ‘lottery’ amount that they promise to credit into the account of those... read more »
China media: Obama chided for remarks on Xi Jinping
US President Barack Obama faces criticism in China after he said President Xi Jinping had consolidated power at an unprecedented rate. In remarks to top US executives on Thursday, Mr Obama went on to criticise Mr Xi on human rights and accused him of worrying China’s neighbours by tapping... read more »
