Deepak Parekh News

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. 

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.

HDFC Asset Management Company will launch its initial public offer IPO on July 25.

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.

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.

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.

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.

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.

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.

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).

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.

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.

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.

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.

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."

"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.

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.

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.

Virtually rebutting criticism by leading banker Deepak Parekh, Finance Minister Arun Jaitley Thursday said the government is being criticised for rather being "too fast".

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.