Chaudhry, who resigned from the post of MD and CEO of HDFC Standard Life Insurance Company on Saturday, has been appointed as MD and CEO for a period of 3 years, with effect from January 1, 2019 up to December 31, 2021.

With recent frauds shaking investors' trust in corporate governance standards, we look at role, limitations and accountability of independent directors who are custodians of these standards.

Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone; India plans to delay the imposition of retaliatory duties on U.S. goods, the trade ministry said on Thursday; Infosys' acquisition of US-based digital creative and consumer insights agency WongDoody Holding Company for $75 million could just be the beginning of many more deals in the pipeline; ONGC profit rises 58% in Q1 to Rs 61.4 bn on higher net realisation.

Apple sits on a cash pile of roughly $285 billion which is more than enough to buy India's two most valued companies - Mukesh Ambani-led Reliance Industries and Tata's crown jewel TCS.

Apple becomes first publicly listed US firm to hit $1 trillion stock market valuationApple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone. The iphone transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. India likely to postpone raising tariffs on U.S. goodsIndia plans to delay the imposition of retaliatory duties on U.S....

A recovery in rupee, unabated buying by domestic institutional investors (DIIs) and encouraging earnings by blue-chips contributed to the uptrend, brokers said.

Market benchmark BSE Sensex rose by 157 points to close at new life-time high of 37,494.40, continuing its record setting spree for the sixth session driven by gains in index majors such as Reliance Industries and Bharti Airtel.The broader NSE Nifty settled up 41.20 points, or 0.37 per cent, at a fresh record high of 11,319.55, bettering its previous all-time of 11,278.35 hit on Friday following better-than-expected earnings by corporates.While the Sensex touched 37,533, a fresh...

Banking rally was led by Bank of Baroda whose stock hit a fresh 17 week high level of 151.90 after the public sector lender reported a more than two-fold rise in Q1 net profit to Rs 528.26 crore.

During the first quarter of this fiscal, HCL Technologies saw its net income grow 5.7 per cent to USD 356 million, while revenue increased 9 per cent to USD 2.05 billion compared to the same period last year.

Q1 earnings of the firm took the stock to fresh 52-week high level of 307 level in trade today. ITC on Thursday reported a 10% rise in standalone net profit at Rs 2,818.68 crore for the first quarter ended June 30, 2018, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.

Wipro beats expectations largely riding on its two key sectors of BFSI, which constitutes to about 30% of revenue and consumer business unit, thereby makingfor about 16% revenue, says Sudheer Guntupalli, analyst, Ambit Capital.

Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.

The stock of India's second-biggest software services exporter rose 5.75% to hit its life time high of 1384.40 compared to its previous close of 1309.10 on the BSE.

Infosys on Friday posted a lower-than-expected 3.7 per cent rise in net profit for the quarter ended on June 30, 2018, due to a one-off charge related to fair value reduction of Panaya business.

While the Sensex closed 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. The Sensex gained 282.48 points on Thursday and closed at a record high of 36,283.25 after crude oil prices posted their biggest one-day drop in two years and robust start of the earnings season.

Infosys posted a net profit of Rs 3,612 crore for the quarter ended June 30, 2018.

The Sensex hit a fresh life-time high of 36,740 in trade today compared to 36,699 level which the index touched in intra day trade yesterday. The Nifty was trading nearly 100 points lower from its all time high of 11,171 level reached on January 29, 2018.

\"Investors are more circumspect about everything. Trade war-related issues can possibly pose nasty surprises if they are not reined in properly,\" said Deven Choksey, founder, KR Choksey Investment Managers.

The Sensex and Nifty closed lower amid a weak rupee and continuing trade spat between the US and China.After a positive start, the 30-share benchmark advanced to a high of 35,806, but turned negative and hit a low of 35,430 on profit-booking and foreign fund outflows.It finally ended at 35,470 -- down by 219 points or 0.61 per cent.The Nifty too cracked below the 10,800-mark to hit a low of 10,753 intra-day, before closing at 10,762 with a loss of 59 points, or 0.55 per cent.Brokers said nega...

Neemuchwala received Rs 6.29 crore in gross salary, Rs 1.70 crore in variable pay, Rs 10.2 crore in other annual compensation with other addition perks, taking his total compensation to Rs 18.23 crore for FY2017-18.