Regulatory Changes In Insurance Sector Will Help Create Value For Customers: Deepak Parekh
The regulator has already introduced use and file regime for faster product launches and revised the expenses of management and commission guidelines to provide greater flexibility to companies to manage their cost structures.
Jul 21, 2023, 21:38 PM IST
Former HDFC Chairman Deepak Parekh's 1978 Job Offer Letter Goes Viral; Do You Know What Was His Salary 45 Years Ago?
According to the offer letter, Parekh was offered a basic salary of Rs 3,500 plus Rs 500 as a fixed Dearness Allowance in 1978. Besides his salary, Deepak Parekh was also entitled to a 15 per cent Housing Rent Allowance and a 10 per cent City Compensatory Allowance.
Jul 12, 2023, 17:32 PM IST
HDFC AMC launching IPO as other revenues of investment are lesser now: Deepak Parekh
HDFC Asset Management Company will launch its initial public offer IPO on July 25.
Jul 20, 2018, 17:47 PM IST
New rules to make realty free of undesirable activity: Parekh
HDFC Chairman Deepak Parekh on Friday termed government policies on housing as practical and implementable and expressed hope that new regulations will stop "undesirable activity" practiced by some realtors.
Jun 23, 2017, 18:13 PM IST
Corporate leaders see private capex revival from H2
The GST rollout and strong macro-economic fundamentals are likely to revive private investments from the second half of this year, industry stalwarts Deepak Parekh and Adi Godrej said on Friday.
Mar 17, 2017, 16:09 PM IST
Time to bite the bullet to resolve NPA problem: Parekh
Amid a debate on need for a 'bad bank' to tackle mounting NPAs, eminent banker Deepak Parekh has said "it is time to bite the bullet" but cautioned against any such move being seen as a government bailout using the taxpayers' money.
Mar 16, 2017, 18:40 PM IST
India's economy never been in stronger position than today: Parekh
HDFC Chairman Deepak Parekh on Monday said the country's economy is in a "stronger position" and demonstrating an immense growth potential with a strong leadership at the helm bringing in key reforms.
Aug 29, 2016, 13:39 PM IST
Now, stories give start-up ideas; get Parekh, Nilekani praise
Top business leaders including Deepak Parekh and Nandan Nilekani have come together to back an innovative concept of an IIM graduate penning down 21 innovative ideas in form short stories -- all of which can be start-up business opportunities.
Nov 01, 2015, 21:39 PM IST
HDFC to raise Rs 90,000 crore from NCDs
Country's largest mortgage lender HDFC Ltd Friday said it plans to raise a total of Rs 90,000 crore from various instruments including non-convertible debentures and warrants to fund business expansion.
Jul 17, 2015, 22:22 PM IST
Ambani gets 205-times of median pay; ITC's Deveshwar 439-times
Billionaire industrialist and India's richest Mukesh Ambani has not taken a pay hike for seven years, but his salary is over 205-times that of the median employee remuneration at Reliance Industries Ltd (RIL).
Jul 05, 2015, 17:09 PM IST
Get pricing right to come out of woes: Parekh to realtors
Coming hard on property developers, top mortgage lender HDFC's Chairman Deepak Parekh has said they are unrelenting on pricing despite a growing inventory of unsold housing units.
Jun 28, 2015, 12:46 PM IST
Shun 'speed money', focus on speed: Parekh to housing sector
Raising concern over high housing costs in the country, eminent banker Deepak Parekh today said developers need to shun 'speed money' and focus only on speed in delivering projects to the customers.
Jun 25, 2015, 19:24 PM IST
Legislative process long and tedious, but no more derailed: Parekh
Confident about India's growth prospects, eminent banker Deepak Parekh on Thursday said legislative process here is "unduly long and tedious, but no longer derailed" and there are ample long-term investors who believe India's best is yet to come.
Jun 25, 2015, 17:37 PM IST
Unnecessary negativism around Indian economy: Aditya Puri
There is "unnecessary negativism" surrounding the Indian economy and the government needs to be given chance to carry out its work as recovery is underway, senior banker Aditya Puri has said.
Jun 14, 2015, 17:17 PM IST
Don't get disillusioned, support PM Modi: Ratan Tata to India Inc
Stating that the Modi government has not completed even one year in office, Tata said, "All of us should understand that it's a new government, and we need not get disillusioned and dissatisfied with so fast."
Apr 17, 2015, 18:34 PM IST
Deepak Parekh pitches for greater govt, corp investment in education
"There is a lot of innovation that can be brought into the education space and with this initiative, HDFC aims to create a visible impact on schooling system," he added.
Mar 29, 2015, 17:02 PM IST
'Sustainable turnaround still elusive; time to walk the talk'
Ahead of Budget, an industry confidence survey today showed that a sustainable turnaround remains elusive on investments, profits and exports, while another study urged the government to 'walk the talk' and take steps to improve ease of doing business.
Feb 24, 2015, 21:42 PM IST
Disinvestment in LIC, Air India, BSNL will unlock lakhs of crores of rupees: Deepak Parekh
Pitching for disinvestment in public sector behemoths like LIC, Air India and BSNL, top industry leader Deepak Parekh has said it can unlock huge funds worth "lakhs of crores of rupees" and shares should be given to retail investors without depending on the overseas entities.
Feb 22, 2015, 19:02 PM IST
Govt being criticised for being too fast: Arun Jaitley
Virtually rebutting criticism by leading banker Deepak Parekh, Finance Minister Arun Jaitley Thursday said the government is being criticised for rather being "too fast".
Feb 19, 2015, 19:30 PM IST
PM Modi lucky till now; no change on business ground: Deepak Parekh
Pitching for relaxing "administrative controls" to improve ease of doing business, top industry leader Deepak Parekh has said that impatience has begun creeping in among businessmen as nothing has changed on ground in first nine months of the Narendra Modi government.
Feb 18, 2015, 18:56 PM IST
