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Coffee with BS: Deepak Parekh13-OCT-09
Now that he's about to retire, HDFC's chairman says his biggest challenge will be to not interfere in the institution that is almost synonymous with him.
RBI may hike interest rates in Q4FY10: Parekh07-OCT-09
The Reserve Bank is likely to hike interest rates marginally in the fourth quarter of this fiscal to give a signal to the market, a top financial sector expert said.
Protecting home buyers30-SEP-09
The government’s proposal to bring a Bill during the winter session of Parliament to protect the interests of home buyers is to be greatly welcomed. Most home buyers invest the largest share of their life savings in a home, and till now have suffered from asymmetry of information vis-à-vis the builder or seller. As a result, the typical home buyer has had little scope for ensuring that he gets what he has contracted for, and compensation for non-delivery. On the other hand, it is necessary to ensure that regulation is not excessive, and leaves builders with the freedom to do their business without being harassed by officialdom.
IDBI to securitise infra loans worth Rs 1,000 cr11-AUG-09
IDBI Bank is planning to securitise part of its infrastructure loan portfolio to release resources and capital.
HDFC to raise Rs 4,000 cr via QIP22-JUL-09
Mortgage lender HDFC plans to raise up to Rs 4,000 crore this fiscal through qualified institutional placement (QIP) route.
Govt approaches CLB to recall 6 directors from Mahindra Satyam02-JUL-09
The government is learnt to have approached the Company Law Board (CLB) to recall its six directors from the board of scam-hit IT firm Mahindra Satyam (earlier Satyam Computer).
HDFC to reduce rates if cost of funds declines24-JUN-09
The country’s largest mortgage firm, Housing Development Finance Corporation (HDFC), will reduce the lending rates if the cost of funds comes down.
Govt-appointed Satyam board to stay till open offer concludes30-MAY-09
The government-appointed board of Hyderabad-based Satyam Computer Services has decided to continue till the open offer is made.
India Inc's leading lights cast their votes in Mumbai30-APR-09
Leading members of India Inc, including R-ADAG Chairman Anil Ambani, RPG Group Chairman, Harsh Goenka and HDFC Chairman, Deepak Parekh, among others, cast their votes today in the Lok Sabha election.
HDFC not to lower interest rates as of now: Deepak Parekh21-APR-09
Home loans lender HDFC has no plans to lower its interest rates as of now, its top executive said.
'Satyam saga' ends on a happy note14-APR-09
Unmindful of the scorching Mumbai sun, which was unusually hot for an April morning, a confident Deepak Parekh walked into Taj President with Justice SP Bharucha in tow.
Investment norms for pension scheme by mid-April04-APR-09
The Pension Fund Regulatory and Development Authority (PFRDA) will issue investment guidelines, as recommended by the Deepak Parekh Committee, for its mega new pension scheme (NPS) by the middle of this month.
Satyam bidding process to start shortly: Parekh06-MAR-09
The global bidding process for the stake sale in crisis-ridden Satyam Computer will begin shortly, the company's board member Deepak Parekh said today.
Sebi nod likely for Satyam's bidding framework27-FEB-09
Market regulator Sebi is likely to approve the Satyam Board-formulated framework to induct a strategic investor.
HDFC re-appoints Deepak Parekh as managing director25-FEB-09
Housing Development Finance Corporation (HDFC) today said it has re-appointed Deepak S Parekh as the managing director of the company with effect from March this year.
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