Performer Financial News

HDFC Bank's Managing Director and Chief Executive, has emerged as the highest-paid bank chief executive in FY23, with a significant increase of more than 62% in his remuneration in fiscal year 2023, reaching ₹10.55 crore, the PTI reported. Jagdishan's colleague Kaizad Bharucha, the deputy managing director of India’s largest private sector bank by assets and world's fourth largest bank by market capitalisation as of July 2023, drew ₹10.03 crore for the fiscal year and emerged as likely to be the second-highest grossing banker in the country, according to according to the bank's annual report for FY23.

World Cup crown came to a heartbreaking end after a dramatic penalty shootout defeat against Sweden. The four-time champions, who had been the favorites to win the tournament in Australia and New Zealand, were knocked out at the last 16 stage following a hard-fought 0-0 draw in normal time.

Reliance Industries has sought the approval of the company's shareholders to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2022-23 was «nil».

Public sector banks (PSBs) have once again posted stellar performance by registering more than double profit of Rs 34,774 crore for the first quarter ended June 2023. During the April-June period of the previous fiscal, all 12 state-owned banks had recorded a total profit of Rs 15,306 crore, according to quarterly numbers published by public sector lenders. The high-interest regime helped banks to earn a good net interest margin (NIM) during the quarter.

digital economy, as well as one that takes cognizance of the need to safeguard such personal data from misuse. The Bill breaks new ground in its legislative drafting.

Also read: Chandrayaan-3 LIVE Updates: Soft-landing of Chandrayaan-3 on lunar surface likely on 23 August As for the eligibility criteria, candidates should be aged between 18 to 35 years to apply for these posts. The selection process for ISRO Recruitment 2023 involves a Written Test and a Skill Test. The written test will be of 90 minutes duration and will consist of 80 multiple-choice questions.

Priyanka Gandhi Vadra had penned an appreciation post for IndiGo airline and its cabin crew, calling them “most efficient and pleasant". In an appreciation post, the Congress general secretary shared pictures of two crew member of the flight and also a special gift she received from team IndiGo.

Indirect Taxes and Customs or CBIC (formerly knows as Central Board of Excise and Customs) was set up in 1964. Last in 2014, a cadre restructuring and reorganisation of field formation was undertaken under which 23 central excise zones, 4 service tax zones, 11 customs zones, 60 appeal commissionerates, 45 audit commissionerates, 8 large taxpayer units and 20 directorate generals/directorates were approved to be set up.

The India vs West Indies 2nd T20 match will be held on August 6 at the Providence Stadium in Guyana. In an exhilarating T20 International (T20I) series opener, India fell short by just four runs, allowing the Windies to snatch a thrilling victory. Skipper Rovman Powell and Nicholas Pooran were the batting heroes for the Windies, propelling their team to a competitive total of 149/6 in their allotted 20 overs.

The report also said that for B2B (business to business) firms, this tenure was slightly longer than that of B2C (business to consumer) firms. There could be two reasons for this. The first is that the CMO roles are tough and so the tenures are shorter. The second, the roles are critical and hence they uncover more growth opportunities for the professionals. Both statements are true. What also makes the role both difficult and exciting is that the CMO’s role is part art and creativity, and part science and measurement.

midcap, and smallcap have shown strength, while Oil and Gas, Auto, and FMCG have shown weakness. After analyzing the recent performance of the stock, it appears to have reached the lower arm of a rising channel following a decline. This is interesting because it coincides with a horizontal support line and moving average that has acted as support in the past.

Rocky Aur Rani Kii Prem Kahani has been making waves at the box office in its first nine days since release. The movie, featuring an ensemble cast with Ranveer Singh, Alia Bhatt, Dharmendra, Shabana Azmi and Jaya Bachchan, has garnered substantial attention from audiences and critics alike. Even on weekdays, the film's popularity showed no signs of slowing down.

Zomato has a new CFO, but his role isn’t related to company financials in the slightest. Last week, Deepinder Goyal, chief executive of the online food delivery platform, announced the appointment of Anmol Gupta, the company’s first ever chief fitness officer, or CFO, who would be working with employees towards wellness and healthy living, as well as with an in-house team of trainers, nutritionists and wellbeing counsellors.

box office is seeing strong competition as 'Barbie' crosses the $1 billion mark globally, while 'Teenage Mutant Ninja Turtles,' 'Meg 2,' and 'Oppenheimer' contend closely. Greta Gerwig's 'Barbie' is set to earn around $54 million in its third weekend, reaching $460.4 million in North America and surpassing $1 billion worldwide. This achievement, anticipated within the next day, makes it the first solo-directed live-action film by a woman to join the billion-dollar club. The movie also holds the title of the highest-grossing live-action film domestically for a female director, surpassing 'Wonder Woman' and 'Captain Marvel.' Maintaining its top spot for the weekend, 'Barbie' faces competition for second place. Early estimates suggest 'Oppenheimer,' 'Teenage Mutant Ninja Turtles: Mutant Mayhem,' and 'Meg 2: The Trench' are closely contending, each projected to earn around $29 million, according to rival studios. Paramount predicts a slightly higher $30 million for the 'TMNT' reboot, which gained $9.3 million on Friday. With positive reviews and an A CinemaScore, the family-friendly film, written by Seth Rogen, could reach a five-day total of approximately $45 million.Warner Bros.' 'Meg 2,' released on Friday, follows up on the 2018 hit 'The Meg,' opening with $12 million on Friday, including $3.2 million from Thursday previews. The sequel, with a B- CinemaScore, is maintaining the horror theme. Meanwhile, Christopher Nolan's 'Oppenheimer' continues its strong performance, surpassing $500 million worldwide and projected to reach $551 million by Sunday. Focusing on the creation of the atomic bomb, the film becomes the highest-grossing World War II picture, outpacing 'Dunkirk' and 'Saving Private Ryan.'

Japan scored its 14th goal of the Women's World Cup and conceded its first Saturday, beating Norway 3-1 to reach the quarterfinals for the fourth time.Hinata Miyazawa sealed the win with her fifth goal of the tournament in the 81st minute to remain the leading scorer. Risa Shimizu's 50th-minute goal followed an Ingrid Syrstad Engen own goal in the first half to help give Japan its fourth straight win of the tournament. With five goals the 23-year-old Miyazawa equals the record for a Japan player at a World Cup.

All market attention is on Borroe ($ROE), the new crypto gem that has broken records before even entering Stage 1 of its presale, leaving BNB and Uniswap (UNI) in the dust. Moreover, experts predict Borroe ($ROE) will topple the Web3 industry, delivering a brand-new use case that could revolutionize how users fund their projects and businesses. Let’s explore Borroe ($ROE) further and see what it brings to the table.

Decentralized finance (DeFi) is a financial system that utilizes blockchain technology to provide open-source financial services, including trading, yield farming, and staking. SushiSwap (SUSHI) is an automated market maker (AMM) cryptocurrency that showed great promise in the DeFi space after its inception. Initially hailed for its unique features and efforts to improve the AMM niche, SushiSwap has recently experienced a notable decline in its market performance following a major legal case.

The World Cup didn’t go to plan for the Indian men’s hockey team. Despite much euphoria and a commanding lead of 3-1 against New Zealand, India failed to hold on and were knocked out ahead of the quarter-final stage. It has been a steady climb back up since for captain Harmanpreet Singh.

Russia said Saturday it scrambled an Su-30 fighter jet to «prevent a violation of the Russian state border» by a US Reaper MQ-9 military drone over the Black Sea. «As the Russian fighter approached, the foreign reconnaissance drone performed a U-turn away from the border,» the Russian defence ministry said. The ministry said the drone belonged to the US Air Force. «The Russian aircraft returned safely to its airbase, there was no violation of the border,» it added. Incidents involving Russian and Western aircraft have multiplied over the Black Sea and Baltic Sea in recent months, as Moscow pursues its offensive in Ukraine.

Taylor Swift, known for her chart-topping hits and surprises, might be gearing up to deliver yet another unexpected treat to her fans. Recent media reports suggest that the pop sensation is secretly working on a documentary to complement her highly acclaimed Eras Tour, leaving Swifties eager to find out if the speculation holds any truth.

By Abhirup Roy