HDFC gives Parekh 10-mth extension

The board of directors of the Housing Development Finance Corporation has re-appointed Deepak S Parekh as the MD of the corporation. The company announced his reappointment for another ten months.

The board of directors of the Housing Development Finance Corporation has re-appointed Deepak S Parekh as the managing director of the corporation. He is also the designated chairman.

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Parekh’s tenure was scheduled to get over by the end of February 2009 and in the letter issued to the National Stock Exchange and the Bombay Stock Exchange, the company announced his reappointment for another ten months. HTC, New Delhi