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New Delhi: Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of and its parent Ltd. The proposed combination envisages the merger of HDFC Investments and HDFC Holdings with HDFC Ltd in the first step and subsequently, the merger of HDFC Ltd into
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Gold price in the national capital on Friday declined by Rs 90 to Rs 52,915 per 10 grams, according to HDFC Securities. The precious metal had closed at Rs 53,005 per 10 grams in the previous trade. Silver also dipped by Rs 374 to Rs 59,166 per kg from
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NEW DELHI: Gold prices held steady on Friday weighed down by an uptick in the Treasury yields and prospects of US interest rate hikes, although broader weakness in the dollar kept bullion on track for its fourth weekly gain. Data on Thursday showed US producer prices unexpectedly fell in July.
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India’s largest mortgage financier used an unusual trade to hedge some of its borrowings against interest rate volatility as it sought to expand its range of tools to manage risk, according to people familiar with the matter. Housing Development Finance Corp., the nation’s biggest rupee-bond issuer this year, used a
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New Delhi: Gold prices eased by Rs 60 to Rs 52,811 per 10 grams in the national capital on Wednesday in line with losses in the precious metal in the global markets, according to Securities. The precious metal had closed at Rs 52,871 per 10 grams in the
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Three years after acquiring Avanse Financial Services, the education financing arm of Wadhawan Global Capital and its group company Dewan (DHFL), private equity fund Warburg Pincus plans to unlock value by selling 25-30% stake to potential investors and raise ₹1,950 -₹2,500 crore, sources said . Warburg owns about 80%
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Mortgage major has received approval from the National Housing Bank (NHB) for its merger with subsidiary , a regulatory filing said on Tuesday. The NHB has also approved the merger of two wholly-owned subsidiaries -- HDFC Investments and HDFC Holdings Limited -- of the housing finance company with
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Mortgage lender Ltd announced another hike in its benchmark lending rate of 25 basis points making home loans costlier for new and existing borrowers. The hike comes into effect from August 9. The current hike makes it the second for this month as the housing loan major had increased
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Gold in the national capital on Monday rose by Rs 97 to Rs 52,490 per 10 gram amid rise in international precious metal prices along with depreciation in rupee, according to Securities. The yellow metal had closed at Rs 52,393 per 10 gram in the previous trade. Silver
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Ltd on Saturday said an application has been filed with the National Company Law Tribunal (NCLT) for merger of HDFC Investments Limited and HDFC Holdings Limited with HDFC Bank. This is part of the proposed merger of , the country's largest private sector bank by balance sheet, with
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