Development Services Private News Today

A daily round-up of the most interesting articles to help jump-start the day.

Indian shares began the financial year 2025 on a buoyant note Monday as softer U.S. inflation data bolstered hopes that the Federal Reserve would deliver its first interest rate cut of the year in June.

HDFC Bank will divest from HDFC Education and Development Services Private Ltd using Swiss challenge method. An interested partys bid serves as anchor for counter offers, with purchaser determined post challenge completion. HDFC Education serves three schools.

HDFC Bank will finalise the purchaser on the basis of the completion of the Swiss challenge process

The bank stated that it will finalize the purchaser based on the completion of the Swiss challenge process. Following this, HDFC Bank and the successful bidder will proceed to enter into definitive documentation for the transaction., Companies News - Times Now

The transaction will be undertaken through the Swiss challenge method.

Title:  Company Secretary EXHIBIT INDEX The following documents are furnished...

HDFC shares: Stake in HDFC Credila needs to be brought down to 10 per cent within 2 years. HDFC Credila originally contributed Rs 5 per share or 0.2 per cent to SOTP which would now reduce to Rs 0.5 per share, analysts said.

More time to comply with PSL requirements takes away the immediate burden from the bank. Similarly, clarity on holdings in investments and subsidiaries will clear air for investors

The Reserve Bank of India permitted HDFC Bank Ltd and Housing Growth Finance Corporation select regulatory relief...