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HDFC Mutual Fund hikes stake in Gammon India to 6.31%

HDFC Mutual Fund hikes stake in Gammon India to 6.31%

Last Updated: Monday, July 28, 2014, 17:27

HDFC Mutual Fund has bought more than 85 lakh shares in Gammon India for Rs 23.35 crore taking its holding in the infrastructure firm to 6.31 per cent.

Nifty hits record high on reform hopes

Last Updated: Thursday, July 24, 2014, 17:06

The Nifty rose to a record high for a second straight session on Thursday after cabinet approval for a higher foreign direct investment limit in insurance and a rejig in foreign debt limits reinforced optimism about the government`s reform agenda.

HDFC group says yet to consider merger plan

Last Updated: Monday, July 21, 2014, 22:28

HDFC chairman Deepak Parekh Monday termed as premature the speculation about a merger between the mortgage major and its banking arm HDFC Bank but said that the entities may look at the possibility if it is a "win-win" situation.

HDFC Bank posts lowest profit growth in over 10 years

Last Updated: Monday, July 21, 2014, 20:28

HDFC Bank today reported its lowest profit growth of 21.1 percent in over 10 years in the first quarter of this fiscal as net interest margin dropped slightly.

HDFC shares up 3% after Q1 earnings

Last Updated: Monday, July 21, 2014, 20:24

Shares of Housing Development Finance Corporation Monday rose by 3 percent after the company reported 14.6 percent rise in its standalone net profit for the first quarter ended June 2014.

HDFC Bank Q1 net profit up 21%, lowest in over 10 years

Last Updated: Monday, July 21, 2014, 12:47

HDFC Bank Monday reported its lowest profit growth of 21.1 percent in over 10 years in the first quarter of this fiscal as net interest margin dropped slightly.

HDFC Bank's Q1 net profit rises 21%

Last Updated: Monday, July 21, 2014, 11:54

The bank reported a net profit of Rs 2,233 crore for the quarter ending June 30 2014.

Bajaj Fin to exit construction equipment finance biz

Last Updated: Sunday, July 20, 2014, 14:40

Bajaj Finance has decided to walk out of the construction equipment (CE) financing business due to muted profitability prospects, a top official has said.

HDFC Securities launches 'e-Will' writing service

Last Updated: Sunday, July 20, 2014, 11:56

HDFC Securities, a subsidiary of HDFC Bank, has collaborated with a partner Legal Jini to offer this service.

HDFC Fund raises $250 million for realty investments

Last Updated: Friday, July 18, 2014, 11:25

HDFC Property Fund, a part of financial sector conglomerate HDFC group, Friday said it has raised USD 250 million (over Rs 1,500 crore) for investing in residential property in major cities across India.

RIL completes acquisition of control of Network18 Media, arm

Last Updated: Monday, July 07, 2014, 17:59

With the completion of this transaction, IMT and RIL have become promoters of NW18 and TV18.

Mutual Fund industry AUM rises by Rs 80,000 cr in Apr-Jun qtr

Last Updated: Wednesday, July 02, 2014, 14:14

Improved market sentiments helped mutual funds' assets under management (AUM) soar by Rs 80,000 crore or nine percent to Rs 9.85 lakh crore in the first quarter of the current fiscal.