Top headlines: HDFC-HDFC Bank mega merger, India's export boom explained

The Centre may increase the allotment of its shares in the IPO of LIC. More on that and other stories in our top headlines this morning.

Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank

The country’s largest housing finance company and the biggest private sector bank announced on Monday that their boards have approved an all-stock amalgamation of HDFC Ltd into HDFC Bank, subject to regulatory approvals. At present, HDFC is the parent company of the bank. Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, tells Business Standard what the deal with HDFC means to the bank and the opportunities it provides. Read more
 

LIC IPO: Govt may increase allotment size to align offer with