HDFC Life’s board has approved Vibha Padalkar’s reappointment as Managing Director and Chief Executive Officer. This new term will begin on September 12, 2026, and will last for five years. Shareholder and regulatory approvals are still pending. This decision ensures leadership continuity for the company. Padalkar has not faced any debarment from regulatory authorities.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of