HDFC Bank, India’s largest private sector lender, today announced the resignation of its Chief Human Resource Officer (CHRO), Vinay Razdan, effective from the close of business hours on June 18, 2025. The bank confirmed the development in a regulatory filing, marking the end of Razdan’s nearly seven-year tenure with the institution. The reason for Mr. … Read more
New Delhi, India – In a move highlighting the stringent quality control measures within the Indian food industry, Patanjali Foods, a major fast-moving consumer goods (FMCG) company, has announced a voluntary recall of a specific batch of its red chilli powder. This decision follows concerns raised by the Food Safety and Standards Authority of India … Read more
In a significant development for the Indian stock market, ITC Limited’s share price underwent an adjustment on the National Stock Exchange (NSE) as the company’s hotels business officially separated through a demerger. This move marks a new chapter for both ITC and its now independent hotels division, creating distinct entities with their own strategic focus. … Read more
Detailed Analysis: Adani Wilmar, a prominent name in the Indian Fast-Moving Consumer Goods (FMCG) sector, witnessed a significant drop in its share price recently. This downturn followed the announcement that Adani Enterprises, a key player in the Adani Group, would be exiting its long-standing joint venture with Wilmar International. This development has triggered discussions and … Read more