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Amitabh Chaudhry of HDFC Life appointed CEO, MD of Axis Bank;...

Mumbai: Amitabh Chaudhry, currently Managing Director of HDFC Life, will take over as Chief Executive Officer (CEO) and Managing Director of Axis Bank when current incumbent Shikha Sharma leaves office on 31 December 2018. Chaudhry's tenure is for three years from 1 January 2019  till 31 December 2021. In a note to the exchanges, Axis Bank…

Article 35A: SC adjourns hearing to January 2019

The Supreme Court on Friday  adjourned to second week of January 2019 the hearing on petitions challenging the constitutional validity of Article 35 A.Article 35-A, which was incorporated in the Constitution by a 1954 Presidential Order, accords special rights and privileges to the citizens of Jammu and Kashmir and bars people from outside from acquiring…

Stocks hit all-time highs for the first time since January

Scott Olson/Getty The S&P 500 rose to a new high on Tuesday for the first time since January 26.  On Wednesday, this bull market will become the longest ever. Strong earnings growth continues to power the stock market in the face of trade disputes, higher interest rates, and other things that have caused volatility this…

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