The stake sale is being done in accordance with the direction of the Reserve Bank of India requiring HDFC to reduce its shareholding in HDFC ERGO to 50% or below.
Board okays re-appointment of Keki Mistry as vice-chairman, CEO for 3 more years
Tata Steel, Hindalco, JSW Steel, Adani Ports, SBI Life, M&M, and HDFC were the top Nifty gainers
HDFC has recommended a final dividend of Rs 23 per equity share
UK-based fintech company, Infinity Circle, has selected Zensar Technologies for the end-to-end development of its next-gen wealth management platform
Global brokerage HSBC has upgraded HDFC to 'Buy' given its dominant market position and execution capabilities which, the brokerage says, should allow it to continue gaining market share
The fund manager, Anupam Joshi, has over 12 years of experience and has been managing it since October 2015
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