Housing Development Finance Corp to conduct board meeting

Housing Development Fin Corp, Standard Life seek to raise Rs 35 bn by selling about 10% in asset manager's maiden issue Ashley Coutinho | Mumbai Last Updated at March 16, 2018 18:15 IST HDFC Asset Management Company is seeking a valuation more than twice that ...

Mannapuram Finance, Mahindra and Bharti Axa are some of the firms known to have bought office spaces worth more than Rs 100 crore Illustration: Uttam Ghosh/Rediff.com While big fund houses like Blackstone and GIC are in the news for acquiring stakes in rental companies for billions of rupees, financial institutions and corporate groups are lapping up office properties worth over Rs 100 crore (Rs 1 billion) in Mumbai.   Recently, Kerala-based non-banking financial company Manappuram ...

Japanese conglomerate Sumitomo Corp today announced USD 2 billion township project in Gurgaon as it forayed into Indian real estate sector in collaboration with local partner Krishna Group.The 50:50 joint venture, Krisumi Corporation Pvt Ltd will build 5,000 ...

Posted by Equitymaster Global financial markets slumped this week after the US imposed steel and aluminium tariffs on exports. However, markets worldwide pared the losses on Friday amid robust US jobs data. Data from the U.S. Labor Department revealed that ...

City: Pune Sobha, the listed developer from Bangalore, has made it to the top rank as the number one choice of homebuyers in Asia’s third biggest economy. In the latest Track2Realty’s Consumer Confidence Report 20:20, a comprehensive study on consumer ...

As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies. Interest rates have started firming up even as the Reserve Bank of India has indicated that it favours a long pause. Interestingly though, the corporate sector seemed to be set for handling the pressure much better this time compared with what they have done in the past. As always the first to get affected by any rate ...

'Most real estate companies, were listed during the period of irrational exuberance. The sector at the time was at a peak after seeing steady growth over the last seven years. Hence, a correction was inevitable.' 'These companies listed at significant premiums to their future cash flows and net asset values. Analysts were valuing returns even on future cash flows.' Raghavendra Kamath reports on what ails India's real estate sector. The collapse of Lehman Brothers and the global financial ...

In view of the rise in cross-border firing between India and Pakistan on the Line of Control (LoC) and the International Border (IB) in Jammu and Kashmir, the Concerned Citizens’ Group (CCG) decided to visit some of the affected area and also hold ...

(Reuters) - Indian shares gave up early gains and closed 1 percent lower on Tuesday, pulled down by lenders including ICICI Bank and Housing Development Finance Corp Ltd.