HDFC Bank Ltd crossed the Rs6 trillion market capitalization for the first time, making it only the 3rd Indian firm to achieve this milestone.
Tata Consultancy Services Ltd (TCS) and Reliance Industries Ltd (RIL) are the other two companies to achieve the milestone.
RIL is the most valued company in India with a market capitalization of Rs8.50 trillion, followed by TCS at Rs7.48 trillion.
About HDFC Bank
Tagline - We Understand Your World
Headquarters - Mumbai
Founded - August 1994
CEO - Aditya Puri
About Reliance Industries Ltd (RIL)
Headquarters - Mumbai
Founder - Dhirubhai Ambani
CEO - Mukesh Ambani
About Tata Consultancy Services Ltd (TCS)
Headquarters - Mumbai
Founded 1968
MD & CEO - Rajesh Gopinathan
Private sector lender Axis Bank has appointed Rakesh Makhija as Non-Executive Part-time Chairman for a period of 3 years.
Makhija, who is the Chairman of SKF India, will take over from current Axis Bank Chairman Sanjiv Mishra, when his term comes to an end on July 17.
Makhija, 67 is also a Director on the board of Tata Tech, Tata Marcopolo Motors and ATREDS, and has been an independent Director on the board of Axis since October 2015.
About Axis Bank
Tagline - Badhti Ka Naam Zindagi
Headquarters - Mumbai
MD & CEO - Amitabh Chaudhry
Young Mumbai sailor Upamanyu Dutta won the bronze medal, which is India's 1st ever medal in the single-handed Laser Standard race for men in the Laser Asian Sailing Championship which concluded in Singapore.
Upamanyu is currently training in Europe under coach Trevor Millar and has recently won the Euromed Championship in Malta.
Nethra Kumanan of Chennai achieved the 4th position in the Laser Radial event for women.
Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina, unveiled e-plaques for development projects in Bangladesh through video conferencing.
Both leaders launched the e-plaques for supply of buses and truck, inauguration of 36 community clinics, 11 water treatment plants and extension of National Knowledge Network to Bangladesh.
This was the sixth such video conference between Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina.
About Bangladesh
Capital - Dhaka
Currency - Taka
Prime Minister - Sheikh Hasina
The government has appointed MR Kumar as the Chairman of Life Insurance Corporation (LIC) for a period of 5 years.
He was the Zonal Manager (In-charge) of North Zone, Delhi prior to this appointment.
Vipin Anand and TC Suseel Kumar were also appointed as the managing directors (MDs) of LIC for a period of 5 years.
LIC's executive board comprises of 1 chairman and 4 managing directors.
About LIC
Headquarters - Mumbai
Chairman - M. R. Kumar
The Supreme Court appointed senior advocate P.S. Narasimha as a mediator for resolving various disputes related to cricket administration within the cricket body, the Board of Control for Cricket in India (BCCI).
Narasimha is assisting the apex court as amicus curiae in the BCCI matter.
About BCCI
Headquarters - Mumbai
President - C.K. Khanna
India was ranked 16th in the world in terms of highest number of impacted species in biodiversity-rich zones (also known as hotspots) due to human actions.
India ranks 16th such human impacts, with 35 species impacted on average.
Malaysia ranks first among countries with the highest number of impacted species (on an average 125 species).
About Malaysia
Currency - Malaysian ringgit
Capital - Kuala Lumpur
The 9th round of the India-US Strategic Security Dialogue was held in Washington DC.
Both sides reaffirmed to deny Weapons of Mass Destruction to non-state actors and work towards setting up US nuclear plant in India agreement.
The sides committed to strengthening bilateral security and civil nuclear cooperation, including the establishment of 6 U.S. nuclear reactors in India.
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