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RBI imposes penalties on three housing finance companies for non-compliance with directions

The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…

ANI   


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1 min read

Bajaj Housing Finance IPO subscribed about 67 times at the end of Day 3

The initial public offering (IPO) of Bajaj Housing Finance Limited (BHFL) was subscribed to as many…

ANI   


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Anil Ambani's Reliance Group sets up centre to helm 2030 growth strategy

Anil Ambani's Reliance Group has launched the Reliance Group Corporate Centre (RGCC) to guide the g…

PTI   


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New housing supply in Delhi-NCR triples in Sept qtr to 13,311 units on high demand

Housing sales in Delhi-NCR are likely to increase 22 per cent during July-September 2024 to 10,…

PTI   


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A new Zyn competitor is marketing its nicotine pouches to the finance bros

Excel, the cleverly marketed nicotine pouch brand from Soylent cofounder John Coogan, targets "prod…

Geoff Weiss   


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Aadhar Housing Finance sets IPO price band at ₹300-315 per share

This will be the third maiden public issue opening next week after TBO Tek and Indegene. …

PTI   


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DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever

The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …

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7 mins read

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.

Tenants like Citadel, JPMorgan, and Meta have sought new top tier offices. Little of it has been bu…

Daniel Geiger   


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Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance

Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…

PTI   


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1 min read

HDFC to raise up to Rs 5,500 cr via bonds on Thursday

Mortgage lender HDFC will raise up to Rs 5,500 crore by issuing bonds on a private placement basis …

PTI   


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9 mins read

Leaders from the CIA, Dell Technologies, HP, SageCXO, and ezCater share how they keep up with AI development

Technology executives, including CTOs and a CIO, discussed AI applications and trends at Business I…

Helen Li,Emma Cosgrove   


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HDFC Capital to hike stake in proptech startup Reloy by up to 2.4% from current 7.2%

HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed…

PTI   


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GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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Ontario Teachers’ Pension expands India operations, ropes in HDFC’s Keki Mistry as senior advisor

The fund’s sixth global office in Mumbai will target investments across all asset classes, inclu…

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3 mins read

HDFC says demand for home loans remains strong despite higher rates

Housing Development Finance Corporation today reported a 22% growth in profit after tax at ₹ 3,669 …

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4 mins read

HDFC reports 18% year-on-year rise in Q2 net profit to ₹4,454 crore

Housing Development Finance Corporation (HDFC) today reported 12.9% growth in its net interest inco…

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4 mins read

SFIO probe into Sahara group of companies underway, says FM Sitharaman

Sitharaman also said the entire affairs of the Sahara group are being monitored by the Supreme Cour…

PTI   


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5 mins read

Bajaj Finance’s strong digital move made it bigger than home loans giant HDFC

Pune-based financial services company, Bajaj Finance, has now become the eighth largest company in …

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1 min read

HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24

Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …

PTI   


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3 mins read

India Shelter Finance IPO subscribed 1.48x times on day 1 Q

Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…