Zomato Layoffs: Sources told NDTV Profit that in addition to the August salary, the affected employees at Zomato will receive four months' of severance pay, including contractual notice pay and a one-time ex gratia payment.
Aegis Logistics fell as much as 3.69% to an intraday low of Rs 1,242 per share. The stock saw trading volumes of around 0.23 lakh shares worth Rs 2.94 crore on the BSE and 2.02 lakh shares worth Rs 25.6 crore on the NSE.
NDTV Profit has learnt that HDFC Bank MD Kaizad Bharucha is the top contender to succeed Sashidhar Jagdishan as next MD & CEO.
The QIP was completed on August 28, with the company allotting 99,52,606 equity shares to Qualified Institutional Buyers at Rs 2,110 per share.
Here's a look at all the recent exits from prominent firms within India's corporate sector such as Tata Sons, Infosys, Godrej Consumer and Colgate.
"HDFC Bank may have communicated the 2 internal candidates' names for CEO to the Reserve Bank of India," the sources informed on the condition of anonymity.
In an exclusive interaction with NDTV Profit, Jagdishan said this is the right time to resign.
HDFC Bank will fast- track the process of selecting and appointing its next managing director and CEO.
Sashidhar Jagdishan has decided not to seek reappointment and will step down from his position on October 26, 2026
The FDA said it would withdraw the license cancellation order forthwith and issue a fresh show cause notice to the company, pursuant to which a reasoned order would be passed.
NCLT ruled five entities tied to Chandra were not legally "associates" — letting them vote for a plan that shows how narrowly the IBC's test can be read.
Time bends on Dalal Street, Dylan's lyrics haunt the large-cap debate, and Zee's promoter picks up the bargain of the year.
