Ircon International board approved the issue of bonus shares in the ratio of 1:1
Mortgage lender HDFC Ltd on Monday said it will acquire 9.90 per cent stake in Kerala-based infrastructure fund management company KIFML.
The valuation of TCS jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore
Loans worth Rs 7,503 crore were assigned to its banking subsidiary.
Mortgage lender HDFC Ltd has increased interest rates on its various fixed deposit products having different maturities by up to 25 basis points (bps) with effect from March 30.
Most large MFs remained underweight on banking and overweight on capital goods
We can witness short-covering move along with addition of fresh position only if Nifty breaches 15,250
Bharti Airtel has raised $750 million through allotment of 'unsecured senior fixed rate notes' to eligible investors
Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts
The firm will issue non convertible debentures (NCDs) on a private placement basis
The announcement comes close on the heels of SBI reducing interest rates on home loans
Leading stock exchanges NSE BSE said all their operations are functioning in a normal manner after HDFC Securities flagged that confirmations were not received for orders placed in NSE cash segment
Equity indices buckled under selling pressure for the second straight session on Wednesday as risk appetite remained subdued amid a bearish trend overseas
The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels
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CLSA has raised its target price from Rs 2,850 on the back of strong beat on NII, improvement in net interest margin by 20 bps QoQ, and adequate provisioning of 1.4 per cent of AUM
Figure not comparable with Q3FY20, when it booked a fair value gain of over Rs 9,000 crore due to merger of Gruh Finance with Bandhan Bank
According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India
The Sensex index reclaimed the 50,000 level in intra-day deals and hit a high of 50,154
Its consolidated net profit, attributable to the owners, however, came in at Rs 5,176.76 crore for the quarter under review, clocking an improvement of 35 per cent on year