Day: August 30, 2026

The CEO search comes after about six months of upheaval at HDFC Bank where leadership issues have weighed on its shares

The announcement on Saturday that Jagdishan – a three-decade HDFC Bank veteran – won’t seek reappointment puts to rest months of speculation that he was eyeing an extension

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Ukrainian drone strike sparks fire at major Russian oil refinery

Pidilite Industries expects consumer demand to remain resilient despite inflationary pressures. The company does not foresee immediate price increases in the current quarter. Demand trends in July and August are broadly in line with the June quarter. Pidilite remains confident of delivering double-digit volume growth while maintaining profitability. The company is also expanding its international…

New Delhi’s luxury hotels face severe room shortages and soaring prices. Several top properties show no availability for the upcoming BRICS Summit dates. High tariffs are being quoted for remaining rooms in central Delhi. This event significantly impacts tourists and business travelers planning trips. Demand is expected to remain strong as the summit approaches.

HDFC Bank is considering Kaizad Bharucha as a potential next CEO. The bank is also seeking an external candidate for the top position. This search follows recent leadership changes and governance concerns. Sashidhar Jagdishan’s retirement is scheduled for October after his second term. The Reserve Bank of India must approve the final appointment.

India’s beauty market is projected to nearly double to USD 42 billion by 2031. This expansion will make India the fourth-largest global beauty market by 2030. Gen Z and Gen Alpha consumers will drive nearly half of sector spending by 2031. Online sales will increase their market share to 34 percent by 2031. Profitability and…

Building a portfolio of high-quality companies requires more than simply identifying good businesses. Lawrence A. Cunningham’s quality-investing framework highlights common mistakes such as overreliance on macro trends, overconfidence, ignoring debt and accounting red flags, and holding stocks despite deteriorating fundamentals.