HDFC-HDFC Bank Merger: July 1 Set as Effective Date, July 13 as Record Date Written by Sanjay Kumar News highlights HDFC Bank and HDFC merge, creating a financial services conglomerate. The merger enables HDFC Bank to underwrite larger loans for nation building. All HDFC Ltd. employees become part of HDFC Bank after the merger. The merger between HDFC Bank and HDFC has been approved by the HDFC Bank board and will be effective from July 1. The board has set July 13 as the record date for the merger. This decision comes shortly after Deepak Parekh, the Chairman of HDFC,…
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Amarnath Yatra 2023 Begins: First Batch of Pilgrims Flagged Off by Jammu and Kashmir LG Written by Sanjay Kumar The much-awaited annual Amarnath Yatra, a sacred pilgrimage to the cave shrine of Lord Shiva in the southern Himalayas of Kashmir, commenced today with great fervor. The Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, flagged off the inaugural group of pilgrims from the Bhagwati Nagar camp early in the morning. Under tight security arrangements, a total of over 3,400 pilgrims embarked on their journey toward the twin base camps in Kashmir. From there, they will continue their spiritual quest toward…
How to Get a Job from LinkedIn: A Comprehensive Guide Written by Anurag Tiwari Hello, Business magazine readers In today’s competitive job market, leveraging social media platforms for job searching has become crucial, and LinkedIn stands out as the leading get professional networking site. With over 740 million members worldwide, LinkedIn provides a powerful platform for connecting with professionals, learn about it job opportunities, & showcasing your skills and experience. In this guide, we will walk you through the steps to help you effectively navigate LinkedIn & maximize your chances of getting a job. How to get job by LinkedIn?…
HDFC Bank-HDFC Merger: What Borrowers & Depositors Need to Know Written by Sanjay Kumar The merger between Housing Development Finance Corporation (HDFC) Bank and HDFC Ltd. is set to become effective starting July 1, following the board meetings of both organizations scheduled for June 30. As a result, the trading of HDFC Ltd shares will stop from July 13. Subsequently, all branches of HDFC Bank will progressively begin offering mortgage loans. The upcoming merger between Housing Development Finance Corporation (HDFC) Bank and HDFC Ltd., set to take place next month for $40 billion, has garnered significant attention. While the merger…
Compass by Rau’s IAS: The Digital Library That Will Help You Become a Top Ranker in the UPSC The Digital Library That Has Everything You Need to Ace the UPSC Exam Preparing for the UPSC Civil Services Exam can be a daunting task, with aspirants often struggling to find reliable and comprehensive study materials, current affairs updates, and effective guidance. However, with the emergence of Compass Website, all these concerns can be laid to rest. This article explores how Compass by Rau’s IAS serves as a one-stop solution for civil services aspirants, providing them with an extensive range of content…
IndiGo Becomes India’s First Airline to Exceed 1 Lakh Crore Market Cap Written by Sanjay Kumar News highlights IndiGo’s parent company, InterGlobe Aviation, surpasses Rs 1 trillion market capitalization, a first for an Indian aviation firm. IndiGo’s shares soar by 30% this year, reaching a record high of Rs 2,618.10 per share on the BSE. IndiGo makes history with a $50 billion order for 500 Airbus Neo family aircraft, the largest-ever single purchase in aviation. IndiGo Airline Bag information: In economy, within India, 15kg free. To other destinations, 20kg free, additional allowance depending on route. More IndiGo bag information Hubs:…
Empowering Farmers & Enhancing Agricultural Financing: L&T Finanace Partners with Gogreen Warehouses Mumbai: Gogreen Warehouses Pvt Limited, an integrated Agri-commodity and collateral management company, has announced that it signed a memorandum of understanding (MoU) with L&T Finance Ltd (LTF) to collaborate work together in the area of collateral management. The agreement was signed by Mr. Santosh Kumar Sahu, Director & CEO of Gogreen Warehouses Pvt Limited and Asheesh Goel, Chief Executive – Farmers Finance at L&T Finance. Gogreen is associated with 38 leading banks and financial institutions for collateral management. Through this network, it has facilitated funding and benefited over…
Saudi mega-project Neom: Can 170 km glass walls actually be constructed? Written By Rajan Das Saudi Arabia is known for its oil wealth, its conservative culture and its ambitious plans to diversify its economy. One of the most striking examples of these plans is Neom, a futuristic mega-city that aims to be a hub of innovation, technology and sustainability in the Middle East. Neom is a metropolis with 16 proposed boroughs that will be built on the Red Sea in the Tabuk area of northwest Saudi Arabia. It covers an area of 26,500 square kilometers, almost the size of Belgium,…
OYO to Add Over 1,000 Hotels by December 2023 Written by Sanjay Kumar News highlights OYO expands support for first-gen hoteliers, adding 1,000+ hotels by December 2023. Exceeding targets, OYO surpasses 300 hotels for accelerator program. Ritesh Agarwal shared that the company projects its revenue for FY23 to exceed INR 5,700 crore. OYO Rooms Hospitality chain Founder: Ritesh Agarwal CEO: Ritesh Agarwal (Jun 2013–) Type of business: Privately held company Areas served: Asia, Europe, Americas Number of employees: 5,130 (2021) Subsidiaries: OYO Vacation Homes Holding B.V., DanCenter, MORE Founded: 2013 Hospitality technology platform OYO has announced that it will add…
Top 10 Richest People in the World Living with Disabilities Written by Sanjay Kumar Success knows no boundaries, and these individuals have proven that disabilities are not a hindrance to achieving incredible wealth and accomplishments. In this article, we will explore the inspiring stories of the 10 richest people in the world with disabilities in 2023. From business magnates to renowned entertainers, these individuals have not only defied the odds but have also become beacons of inspiration for millions around the globe. From Challenges to Riches: The Top 10 Richest People with Disabilities in the World in 2023 01 -…
