Business -

hdfc bank managing director and chief executive sashidhar jagdishan

Months after HDFC Bank chair quit, CEO says won’t stay beyond Oct

TazaPulseAugust 30, 2026

HDFC Bank CEO Sashidhar Jagdishan decides not to seek third term, will retire on Oct 26; board to fast-track successor selection. MUMBAI: HDFC Bank MD & CEO Sashidhar Jagdishan, chief of the country’s largest private lender, has decided not to seek a third term and will retire on Oct 26, bringing an unexpected end to...

us president donald trump with canadian prime minister mark carney

Trump vs Carney: Cars, homes, booze and more caught in US-Canada tariff war

TazaPulseAugust 29, 2026

US President Donald Trump with Canadian Prime Minister Mark Carney The US-Canada trade war has intensified, with both countries imposing fresh tariffs on a range of goods, including cars, building materials, household products and alcohol. The latest measures come after US President Donald Trump’s threat to raise tariffs on Canadian imports, prompting Prime Minister Mark...

HDFC Bank CEO Jagdishan opts out of reappointment, to step down after term ends in October

TazaPulseAugust 29, 2026

NEW DELHI: HDFC Bank managing director and chief executive Sashidhar Jagdishan has decided not to seek reappointment when his current term ends on October 26, the country’s largest private sector lender said in a regulatory filing on Saturday.Jagdishan conveyed his decision to the bank’s board and reiterated it despite the board’s “persuasion”, the filing said....

From gold rakhis to gadgets, festive shopping gets a digital makeover | India Business News

TazaPulseAugust 29, 2026

BENGALURU: At 12 pm on Friday, Raksha Bandhan shoppers on Instamart were ordering 857 rakhis every minute. One Bengaluru customer spent Rs 10,995 on five rakhis featuring 24-karat gold coins, while a shopper in Gurugram put together a Rs 14,630 basket containing rakhis, skincare products, chocolates and soft toys.These were among the festive snapshots shared...

Private companies first quarter sales accelerate but costs drag profit growth

TazaPulseAugust 29, 2026

Corporate sales growth accelerated to 19.4% in Q1FY27 but net profit growth slowed to 14.1% as input costs and taxes rose. MUMBAI: The private corporate sector began FY27 with a marked acceleration in sales, but the improvement was less impressive at the bottom line as rising input costs and tax provisions absorbed much of the...

Industrial output expands 6.7% in July on manufacturing, power

TazaPulseAugust 29, 2026

Industrial production grows 6.7% in July, driven by manufacturing and electricity, cooling from June’s 8.8%. NEW DELHI: Industrial production grew 6.7% in July as compared to 5.4% expansion a year ago as the manufacturing and electricity sector saw robust growth, the index of industrial production (IIP) data released Friday showed.Sequentially, the industrial production cooled from...

RBI push: Forex reserves at all-time high of $729.3bn

TazaPulseAugust 29, 2026

India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBI MUMBAI: The country’s foreign exchange reserves rose by $12.4 billion in the week ended Aug 21, to an all-time high of $729.3 billion, driven largely by non-resident deposits drawn through a special scheme under which RBI took over the...

Sensex, Nifty rebound after 2-day losing streak, IT gains

TazaPulseAugust 29, 2026

Sensex, Nifty rebound on IT stock rally; Sensex climbs 331 points to 77,265, Nifty gains 85 points to 24,176. MUMBAI: Benchmark equity indices sensex and Nifty rebounded on Friday after two days of losses and ended higher, tracking buying in blue-chip IT stocks and a rally in global markets. The 30-share BSE sensex climbed 331...

Noel Tata, Shapoorji discuss share swap for Tata Sons stake sale

TazaPulseAugust 29, 2026

Tata Group in talks with Shapoorji Pallonji for potential share swap or buyout of its 18.4% stake in Tata Sons. The Tata Group is in talks with its biggest minority shareholder on proposals to unlock liquidity, including a potential swap of shares of its listed entities, as the Shapoorji Pallonji Group seeks funds to repay...

TVS Motor appoints Peyman Kargar as CEO

TazaPulseAugust 29, 2026

Peyman Kargar will become TVS Motor’s new Chief Executive Officer starting January 27, 2027 CHENNAI: TVS Motor Company, has appointed Peyman Kargar, currently president of international business, as its director and chief executive officer with effect from Jan 27, 2027. Kargar will succeed K N Radhakrishnan, who will continue as CEO until Jan 27 and...