Page 4 - Indiabulls Housing Finance
Street signs: SBI Cards IPO, ESG funds get stewardship push, and more
Brokers say many wanting get to their hands on the country's second-largest credit card company have bought shares of parent State Bank of India (SBI) from the secondary market in recent weeks.
 "Street signs: SBI Cards IPO, ESG funds get stewardship push, and more")
CRISIL downgrades Indiabulls Housing Finance's rating on fund access
The rating on the CP issue and short-term non-convertible debenture programme has been reaffirmed at 'A1+'
 "CRISIL downgrades Indiabulls Housing Finance's rating on fund access")
Market Ahead, February 5: Top factors that could guide markets today
Today, a total of 126 companies, including Adani Enterprises, Berger Paints, Cipla, and Indiabulls Housing, are scheduled to announce their December quarter results
 "Market Ahead, February 5: Top factors that could guide markets today")
Indiabulls Housing extends rally on buying by FPIs, zooms 40% in two days
On Thursday, November 28, Government Pension Fund Global had bought 3.1 million equity shares representing 0.73 per cent stake in Indiabulls Housing Finance at price of Rs 305.60 per share on the NSE.
 "Indiabulls Housing extends rally on buying by FPIs, zooms 40% in two days")
'No irregularities': MCA relief to Indiabulls Housing Finance, for now
It is, however, still probing the company, one of the country's largest real estate lenders, and has sought two months' time for filing additional affidavit in this matter
 "'No irregularities': MCA relief to Indiabulls Housing Finance, for now")
No irregularity in Indiabulls Group loans to 5 firms: Corp min to Delhi HC
The petitioners had alleged in the PIL that the loans were given to shell companies
Indiabulls Housing soars 30% on heavy volumes, zooms 110% from October lows
The trading volumes on the counter jumped more than three-fold today.
 "Indiabulls Housing soars 30% on heavy volumes, zooms 110% from October lows")
Signature Global to invest Rs 400 cr in 2 housing projects in Gurugram
The Centre has reduced GST on affordable housing to 1 per cent only and is providing an additional deduction of 1.5 lakh on interest paid on home loans
 "Signature Global to invest Rs 400 cr in 2 housing projects in Gurugram")
Street signs: Indiabulls Housing's share price, banking funds, and more
Experts say improvement in asset quality bodes well for corporate banks and should lead to increased earnings for these lenders.
 "Street signs: Indiabulls Housing's share price, banking funds, and more")
Govt's Rs 25,000 cr realty push: Here's why most analysts remain cautious
The Union Cabinet has approved the setting up of an AIF to revive around 1,600 stalled housing projects across top cities in the country.
 "Govt's Rs 25,000 cr realty push: Here's why most analysts remain cautious")
Indiabulls Housing Finance Q2 net profit falls 32% to Rs 702 crore
The company had posted a net profit of Rs 1,034.92 crore during the corresponding quarter of the previous financial year.
Will become retail asset-light model by next quarter: Indiabulls Housing
The business model the way we are looking at will undergo a change as we stop doing any wholesale lending incrementally apart from supporting existing projects.
 "Will become retail asset-light model by next quarter: Indiabulls Housing")
Voda Idea, Glenmark Pharma, Indiabulls Housing may exit MSCI India
Most of these companies have seen a sharp erosion in their market values in the wake of the yearlong crisis in India's credit market
What next Lakshmi Vilas Bank?
... A fire sale of equity or merger with a strong bank? Time is running out. There aren't too many choices
 "What next Lakshmi Vilas Bank?")
'Freak trade': Investors push up yields of Indiabulls Housing bonds to 43%
According to the BSE website, the last traded price of the bond was Rs 60.38, for a trade size of Rs 135 crore
Indiabulls Housing Finance falls 13% in two days on Moody's downgrade
Moody's on Monday downgraded the corporate family rating and the foreign currency senior secured rating of the housing finance company to B2 from Ba2 citing funding challenges for the company.
 "Indiabulls Housing Finance falls 13% in two days on Moody's downgrade")
Moody's downgrades Indiabulls to B2 on fund raising challenge, governance
Rating agency says continued decline in on-balance sheet loans is a reflection of its funding challenges
Now free to pursue growth after RBI's decision, says Indiabulls Housing MD
We have raised about Rs 3,000 crore from banks in the last 10 days, said Gagan Banga
 "Now free to pursue growth after RBI's decision, says Indiabulls Housing MD")
IHFL, LVB stocks fall up to 23% after RBI rejected merger proposal
The IBHFL stock tumbled 18.85% to close at Rs 195 on the BSE.
 "IHFL, LVB stocks fall up to 23% after RBI rejected merger proposal")
RBI rejection of LVB deal surprising, had govt backing: IndiaBulls MD Banga
The uncertainty over the deal as well as legal woes have led to a run on the stock valuations of both the companies which have lost nearly half of their pre-merger-announcement value
