The market cap of TCS dropped Rs 21,125.9 crore to Rs 8,03,516.90 crore
HDFC offloaded 64.7 million equity shares representing 8.8 per cent of total equity of GRUH Finance for worth of Rs 1,599 crore at an average price of Rs 247 per share, the NSE data shows.
NBFCs are unlikely to have it easy anytime soon; if anything, the pain is set to get deeper
Gross NPA ratio slips to 1.47%, worst in five years; incremental cost of funds escalate to 9.2%
She pointed out that developers have been facing cash crunch following the liquidity crisis in the NBFC sector
Shapoorji Pallonji & Company holds a 66% stake in SWS while the rest is held by Khurshed Yazdi Daruvala
Demand to pick up from festival season next month, say corporate leaders
One is hopeful that normalcy will be restored soon and by the time the festive season sets in, says Parekh
On a consolidated basis, the housing financier's total revenue from operations stood at Rs 23,239.82 crore in Q1
The company's profit was boosted by one-time gain of Rs 1,894.21 crore from stake sale in Gruh Finance
For women borrowers, there is an extra 5 bps discount in each category of loans
KKR in a statement on Tuesday said it had invested in the popular coffee chain nine years ago and part-exited the investment last year
They are adding capacity through acquisitions, beside new projects
The appellate tribunal said it found "no merits" in HDFC's petition and said that non-bank financial lenders come under the purview of the Reserve Bank of India
In the ranking of top-10 firms, TCS was placed at the number one position, followed by RIL
The consortium of 26 bankers led by State Bank took the grounded Jet Airways to NCLT to recover their dues of over Rs 8,500 crore
The latter half of FY19 was challenging for several sectors across the Indian economy as liquidity tightened, aversion to risk increased and consumption slowed
In future, there would be review and rationalisation of products and their features
Nomura, on Tuesday, cut its recommendation from 'Buy' to 'Neutral' citing fair valuations
The country's largest mortgage lender HDFC Ltd Wednesday said it has disbursed subsidy of more than Rs 2,300 crore under the government's flagship housing scheme PMAY, benefiting over one lakh first time home buyers. The company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under the Pradhan Mantri Awas Yojana (PMAY) credit linked subsidy scheme (CLSS), HDFC said in a statement. The company has approved Rs 22,136 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (MIG), HDFC said. The mortgage lender has partnered with Ministry of Housing & Urban Affairs and the National Housing Bank (NHB) to work towards the government's goal of 'Affordable Housing for All'. "The government's PMAY scheme is a growth accelerator programme that aims to provide affordable housing to people in the country. The thrust on housing is a recognition that a rapidly ...