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News Live: India#39;s richest 1% corner 73% of wealth generation, finds Oxfam

20m moneycontrol
The richest 1% in India cornered 73% of the wealth generated in the country last year, a new survey showed, presenting a worrying picture of rising income inequality. Besides, 67 crore Indians comprising the population's poorest half saw their wealth rise by just 1%, as per the survey released by the international rights group Oxfam hours before the start of the annual congregation of the rich and powerful from across the world in this resort town. (31-0)

Foreign holdings: Private banks split

4h freepressjournal.in
Mumbai : Private sector banks are split over speculation that the government could remove the cap on foreign holdings in them, with some welcoming it, while others are clearly not enthused by the proposed reform measure. (17-0)

Six of 10 most valued firms add Rs 1 trillion in m-cap; TCS biggest gainer

21h business-standard
The cumulative market valuation of six of the 10 most valued firms advanced by Rs 1,073.7 billion (Rs 1,07,370.4 crore) last week, helped by robust gains in TCS, HDFC and HDFC Bank. The market capitalisation (m-cap) of Tata Consultancy Services (TCS) zoomed Rs 348.1 billion (Rs 34,811.32 crore) to Rs 5,656.24 billion (Rs 5,65,624.13 crore), emerging as the biggest gainer among the top-10 firms. HDFC's m-cap soared Rs 222 . (10-0)

M-cap of top-6 Sensex cos jumps by Rs 1,07,370.40 cr

22h thehindubusinessline
TCS' market valuation zoomed Rs 34,811.32 cr to Rs 5,65,624.13 cr, emerging as the biggest gainer (10-0)

HDFC Bank Limited - Resignation

2018-01-20 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (6-0)

Top banks including SBI, Axis, ICICI suspend some a/cs of major Bitcoin exchanges in India: Report

2018-01-20 moneycontrol
Top banks of the country have suspended some accounts of major Bitcoin exchanges in India on suspicion of dubious transactions. (27-2)

Kotak Mahindra Bank opposes 100% FDI in banking; says Indian savers must benefit

2018-01-19 moneycontrol
Banking is a core part of the Indian economy and earnings from the sector must benefit Indian savers rather than be moved out of the country into the pockets of foreigners, according to a senior executive at Kotak Mahindra Bank. (7-0)

Hubris among HDFC Bank investors needs a reality check

2018-01-19 livemint
The hubris among investors of HDFC Bank Ltd is evident. After all, India’s most valued lender has delivered another stellar quarter in terms of profitability and growth. (6-0)

HDFC Bank Limited - Shareholders meeting

2018-01-19 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (6-0)

News Live: SEBI to accept only online filing of records from April 1

2018-01-19 moneycontrol
The National Stock Exchange of India is asking Singapore Exchange to delay the planned introduction of single-stock futures that would track some of the subcontinent’s largest companies, sources told Bloomberg. NSE’s request comes as domestic stock-derivatives volume has slipped, sources said. (20-0)

News Live: India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

2018-01-19 moneycontrol
The National Stock Exchange of India is asking Singapore Exchange to delay the planned introduction of single-stock futures that would track some of the subcontinent’s largest companies, sources told Bloomberg. NSE’s request comes as domestic stock-derivatives volume has slipped, sources said. (17-0)

HDFC Bank Q3 profit up 20% to Rs 46.43 bn as interest, fee income rise

2018-01-19 business-standard
Private sector lender HDFC Bank’s third-quarter net profit rose 20.1 per cent over the previous year quarter, backed by rise in interest and fee income. The bank’s net profit rose to Rs 46.4 billion for the quarter ended December, up from Rs 38.6 billion in the year-ago quarter. Total income rose to Rs 244.50 billion during the December quarter, up 17.84 per cent from Rs 207.48.27 billion in the year-ago period. (6-0)

Record close: Sensex up 251 pts; Nifty hits 10,900 intraday on global cues, stable Q3

2018-01-19 moneycontrol
Bulls have not been giving any chance to bears to take control at Dalal Streel as benchmark indices ended another session at record closing high on Friday, taking weekly gains to 919 points on the Sensex. (27-0)

News Live: NSE seeks to delay Feb 5 rollout of SGX stock futures, says report

2018-01-19 moneycontrol
The National Stock Exchange of India is asking Singapore Exchange to delay the planned introduction of single-stock futures that would track some of the subcontinent’s largest companies, sources told Bloomberg. NSE’s request comes as domestic stock-derivatives volume has slipped, sources said. (25-0)

HDFC Bank reports divergence of Rs 2,051 cr for FY17; profits grow 20%

2018-01-19 moneycontrol
HDFC Bank is the latest and one of the biggest lenders after ICICI Bank to be hit by the RBI's risk-based supervision which found divergences worth Rs 2,052 crore in gross non-performing asset (NPA) classification for FY17. (26-0)