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Top headlines: Physics Wallah becomes unicorn; I-T portal develops snag

The Income Tax Department's new-look tax return filing portal, developed by Infosys, again developed snags on Tuesday - a day that marked the first anniversary of its unveiling.

HDFC Chairman Deepak Parekh
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HDFC Chairman Deepak Parekh

BS Web Team New Delhi
HDFC-HDFC Bank merger: Parekh expects fair, judicious regulatory response

Deepak Parekh, chairman of HDFC Ltd, India’s largest mortgage financier, on Tuesday said he expected the regulator’s view on HDFC’s proposed merger with HDFC Bank to be fair and judicious, asking the stakeholders to be patient.

In his note to shareholders in the annual report, the HDFC patriarch said after 45 glorious years of providing homes to millions of customers, the time was right for HDFC to find a new home. Read more

I-T portal develops snag on first anniversary, Infy directed to fix issue

The Income Tax