The Housing Development Finance Corporation has signed an agreement with the International Finance Corporation for a loan for $200 million, the company said in a statement on Friday.
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
he hike in service tax rate from 12.5 per cent to 14 per cent will increase the costs of buying
Increase in service tax would make properties costlier to buyers.
Should you buy the recently-launched Hero Splendor iSmart 110 for Rs 58,000? Narendra Sharma reviews the all-new 110cc Splendor iSmart.
Housing Development Finance Corporation Ltd has posted a 28.86 per cent rise in its consolidated net profit at Rs 951.17 crore for the fiscal ended March 31, 2004, compared to Rs 738.09 crore in the previous financial year.
Amitabh Chaudhry, who will now head the merged entity, will manage assets under management of about Rs 1.10 lakh crore and an employee base of 23,620 after the completion of the deal
Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting.
The state government's notification, which was issued earlier in the week, quoted the civil aviation ministry's letter urging quick rehabilitation of slum dwellers due to security threat.
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
Home loan major Housing Development Finance Corporation Ltd has posted a 22 per cent rise in its net profit at Rs 204.62 crore for the first quarter ended June 30, 2004 as against Rs 167.76 crore in Q1 of 2003-04.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
Employees of around 150 firms may lose out on PF benefits as their companies failed to get an exemption certificate from the Employees' Provident Fund Organisation (EPFO)
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
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According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Stocks of companies having operations and exports to Europe were the top losers.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Participants are keenly waiting for the January IIP.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The Survey shows fiscal consolidation despite slowdown in growth.
Banks stocks continued to trade weak along with FMCG major ITC.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
The Sensex ended 229 points down at 27,602 and the Nifty ended down 63 points at 8,293.
According to a senior CBI official, the agency has evidence to suggest the finance ministry's recommendations were overlooked while giving a licence to MCX-SX in 2008.
Spotlight likely on cement, metals, road cos
Experts, however, caution that though the moves are positive for the sector as a whole, they don't expect much gain in the near-term.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.