India’s second largest private bank, HDFC Bank said that, on Friday, it has raised Rs 1,728 crore through the private issue of subordinated debt.

On a private placement basis, the bank has issued unsecured non-convertible redeemable subordinated bonds in the nature of debentures.

The Bank sold upper Tier II bonds for an amount of Rs 578 crore and issued lower Tier II bonds raising an amount of Rs 1,150 crore.

HDFC Bank provides a wide range of services in treasury, wholesale banking, and retail banking.

The much awaited Ghajini, starring the talented Aamir Khan was released on Christmas day. However, when you go to watch the film, be prepared to see a lot of violence. When you see an angry Aamir Khan ramming an iron pipe through a man’s stomach in the first few minutes of the film, you get some idea of what’s coming for the next three hours.

The look carried by Aamir is worth noticing and it has already become much hype among the youth. The body covered with tattoos and the much sort after hair cut is supported by his super fist that can beat multiple scary-looking villains who attack him all at once.

The board of Satyam Computer Services would meet on December 29 to discuss the various issues including the fate of its independent director, Dr Mangalam Srinivasan and Chairman, Ramalinga Raju. Dr. Srinivasan and Mr. Raju are under pressure to quit their posts following the failed attempts to acquire Maytas firms. The Dean of Indian School of Business, Dr Mendu Rammohan Rao would also attend the proposed meet.

The advance tax collection of the country declined over 22 per cent for the third quarter of the current financial year. Tax collection was Rs 54,900 crore in the same period last year and it now stands at Rs 42,600 crore. The decline in the advance tax collection indicates the grim situation following the economic slowdown which may further worsen in the coming times. Now, the growth rate in direct tax collections for the first nine months stands at 12%. Government has set a target to achieve the tax growth rate of 15 per cent with net tax collection of Rs 3,65,000 crore for the current financial year.

The annual Wholesale Price Index-based inflation rate declined marginally to 6.61% for the week ended December 13. It stood at 6.84 per cent in the previous week. The decrease in inflation rate brings respite for the apex bank and the Union Government who are endeavoring to stabilize prices in the market.

The recent decline is mainly due to excise duty cut on various manufacturing products and decline in prices of petroleum products. The government had cut the central value-added tax on manufactured items by four percentage points on December 7 as part of an economic stimulus package.

Sallu aka the Bollywood legend Salman Khan has turned 43 today.

It is believed that the most eligible bachelor of Bollywood will celebrate his birthday at his residence with close friends.

Sallu may have been in news for all wrong reasons — legal troubles or love unrest, but there is no debate over the fact that this 43 year-old hunk has been our best loved actor since the days of Maine Pyaar Kiya. Rib tickling performance in Partner, a serious role in Saawariya and a lover boy in Marigold, one can never get enough of Salman Khan.