HDFC Bank has engaged domestic and international law firms to investigate the reasons behind former chairman Atanu Chakraborty’s sudden departure. The review will scrutinize board meeting records and whistle-blower complaints. This proactive step aims for an objective assessment of the issues raised. The bank is committed to upholding high governance standards.
Logistics firms set for strong Q1 revenue growth despite margin pressure
Logistics sector revenue is poised for healthy growth in the June quarter. This expansion is driven by e-commerce demand and increased supply-chain outsourcing. However, elevated