CNBC-TV18 Profile picture
Apr 4 6 tweets 4 min read
HDFC board approves merger of co with and into HDFC Bank
HDFC-HDFC-Bank Merger | Post-merger, existing shareholder of #HDFC will hold 41% stake in #HDFCBank
HDFC-HDFC-Bank Merger | This is a merger of equals, says HDFC Chairman, Deepak Parekh

#HDFC #HDFCBank
HDFC-HDFC-Bank Merger | Proposed transactions will reduce bank's exposure to unsecured loans

#HDFC #HDFCBank
HDFC-HDFC-Bank Merger | The merger ratio will be 42 shares of HDFC Bank to 25 shares of HDFC
HDFC-HDFC Bank Merger | Completion of merger process expected by Q2 / Q3 FY24

#HDFC #HDFCBank

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More from @CNBCTV18Live

Apr 4
HDFC-HDFC Bank Merger | Merger of HDFC & HDFC Bank is subject to shareholder & regulator approvals, says HDFC CEO, Keki Mistry

#HDFC #HDFCBank
HDFC-HDFC Bank Merger | Potential for 7% more room for FPIs post the transaction, says HDFC CEO, Keki Mistry

#HDFC #HDFCBank
HDFC-HDFC Bank Merger | HDFC is now required to maintain liquidity ratio, says HDFC CEO, Keki Mistry

#HDFC #HDFCBank
Read 5 tweets
Apr 4
#CNBCTV18Market | Morgan Stanley gives overweight call on HDFC Bank, sees continued market share gains for company. Big surprise seen in HDFC Bank’s corporate banking relative to our estimates says MS
#CNBCTV18Market | Citi gives buy rating to HDFC Bank, sees reported loan growth of 21% YoY, 1st quarter of loan growth >20% since Q1FY21 for company
#CNBCTV18Market | Citi gives neutral rating to Asian Paints, sees strengthening presence in home decor of company
Read 9 tweets
Jan 10
ICMR: People who need #not be tested:
1. Asymptomatic individuals in community settings
2. Contacts of confirmed cases of #COVID19 unless identified as high risk based on age or co-morbidities
3. Patients who stand discharged as per home isolation guidelines

*FOLLOW THREAD*
ICMR: People who need #not be tested:
4. Patients being discharged from a COVID-19 facility as per revised discharge policy
5. Individuals undertaking inter-state domestic travel

*More in the thread*
Who may be tested:
A. In community settings:
1. Symptomatic (cough, fever, sore throat, loss of taste and/or smell, breathlessness and/or
other respiratory symptoms) individuals.
2. At-risk contacts of laboratory confirmed cases. {elderly (>60yr) & with co-morbidity}
Read 8 tweets
Jan 10
Total of 115 companies have applied for the #vehicle and component #PLI scheme

Incentives applicable for determined sales of Advanced Automotive Technology from 1st April 2022 for 5 years

20 Champion OEMs have applied for this scheme

@Parikshitl reports

*See thread for more
Sources tell CNBC TV18 that Maruti Suzuki, Tata Motors, Mahindra Group, MG Motor, Ather Energy, Bajaj Auto, TVS, Hero MotoCorp have applied

Champion OEM scheme is ‘sales value linked’, applicable on Battery ElectricVehicles and Hydrogen Fuel Cell Vehicles of all segments.
83 component champions have applied for the PLI scheme

Sona Comstar, Lumax, Toyota Auto Parts and the Minda Group among those who have applied

Component PLI scheme a sales value linked scheme, applicable on Advanced Automotive
Read 4 tweets
Jan 10
#MarketAtClose | Market rises for 2nd straight day to close at a 2-month high

Frontline indices end the Monday session at the day’s high

Nifty rises above 18,000, Sensex closes near 60,400
#MarketAtClose | Market breadth favours advances, advance-decline ratio at 3:1

Sensex rises 651 points to 60,396 & nifty 191 points to 18,003

Nifty Bank gains 608 points to 38,348 & midcap index 260 points to 31,372
#MarketAtClose | Banks lead market higher with nifty bank rising nearly 2%

ICICI, INFOSYS, HDFC, KOTAK BANK, L&T are top Nifty contributors

UPL is the top Nifty gainer followed By Titan, Hero Moto & SBI
Read 5 tweets
Jan 8
'A total of 18.34 cr electors including service voters will take part in this election out of which 8.55 cr are women electors'

Chief Election Commissioner Sushil Chandra rolls out dates for 5 upcoming assembly elections Image
Candidates contesting polls will be given an option for online nomination, CEC Sushil Chandra says

#ElectionDates @ShereenBhan
Model Code of Conduct (MCC) comes into effect immediately from announcement of the schedules, CEC says

#ElectionDates @ShereenBhan @Parikshitl
Read 7 tweets

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