HDFC to open 125 branches, create 1000 new jobs.

HDFC plans to enter the rural banking segment by adding 125 new branches in the state in next two years, said the zonal manager of HDFC Bank for Tamilnadu, R Suresh. Compared to all private and public sector banks in Chennai, HDFC has a market share of 16 per cent. Continue Reading

Samsung brings out Christmas offers

Samsung announced exclusive offers for Christmas season for its potential and existing customers.These attractive offers, coupled with easy finance schemes like up to 15 per cent cash back and easy EMIs with zero down payment will be valid till 31 December Continue Reading

7 of top-10 firms add Rs 76,998 cr in market capitalisation

The combined market capitalisation of seven of the 10 most valued Indian firms advanced by Rs 76,998.4 crore last week, with TCS leading the chart. Reliance Industries Limited (RIL), HUL, HDFC, ITC, ICICI Bank and SBI were the other firms which witnessed a jump in their market valuation Continue Reading

ICICI bank sells entire stake in GST Network

Private sector ICICI Bank said it has exited the GST Network, the company facilitating collection of the indirect tax, by selling its entire 10 per cent stake to as many as 13 state governments. The stake sale is for aggregate cash consideration of Rs 1 crore, ICICI Bank said in a regulatory filing. Continue Reading

HDFC conducts loan mela

HDFC Bank Ltd successfully conducted Grameen Loan Mahotsava at Tirechengode. A press release said, over 4,000 people visited the loan melas to inquire about various loan products and banking facilities with more than 500 customers from 30 villages and towns including Rasipuram, Bhavani, Pallipalayam and Sangagiri availed loans and facilities from the bank. Continue Reading

HDFC Bank launches ‘Festive Treats’

HDFC Bank launched ‘Festive Treats’. Customers will get special offers on all banking products from loans to bank accounts, as well as major discounts on over 1000+ brands. Continue Reading

Investor wealth spikes Rs 2.11 lakh cr after FM announcements

The BSE Sensex advanced over 1,300 points to a high of 37,421.70. Led by the spike in equities, the market capitalisation of BSE-listed companies climbed Rs 2,11,086.42 crore to Rs 1,40,79,839.48 crore. Continue Reading

Eight firms spike over Rs 77,000 crores in market valuation last week

Eight of the 10 most valued domestic companies together added Rs 77,222.53 crore in market valuation last week, propelled by sharp gains in HDFC twins and ITC. Continue Reading