HOUSING DEVELOPMENT FINANCE CORP
Housing sales may rise marginally by 4% in 2019: Report
Housing sales are estimated to rise by mere 4 per cent to 2.58 lakh units across seven major cities during this calendar year on subdued demand because of liquidity crunch and overall economic slowdown.
Stocks in the news: Federal Bank, PNB Housing, ITC, Bharti Airtel and Ujjivan SFB
PNB Housing Finance said its exposure to the Omaxe group stood at over Rs 456 crore
PNB Housing Fin clarifies on rumours about Omaxe group loan exposure
In a regulatory filing to exchanges, PNBHFL said the information about loan exposure to Omaxe group is "with reference to the information floating in the social media regarding PNB Housing's exposure to the Omaxe group".
Buy HDFC, price target Rs 2,415: Dharmesh Shah
The analyst suggested a stoploss at Rs 2245.
National Fertilizers, 2 others list commercial papers on BSE
Commercial paper is an unsecured money market instrument issued in the form of promissory notes.
Pankaj Murarka on when to start nibbling into midcaps and smallcaps
SBI is a proxy play on India’s macroeconomy because they represent 23% of nation's banking.
Maharashtra portfolios: Sena gets Home, NCP Finance, Congress Revenue
A statement from the CM's office said that Shiv Sena leader Eknath Shinde has been given the charge of Home, Urban Development, Forest, Environment, Water Supply, Water Conservation, Tourism, Public Undertakings, Parliamentary Affairs departments.
Piramal Group, IIFL Wealth Management create Rs 2,000 cr fund for realty projects
Real estate sector is facing multi-year slowdown, especially in housing segment, and developers are cash-starved following liquidity crisis in non-banking finance companies, which have been a major sources of funding for builders in the last few years.
US Army will fund rare earths plant for weapons development
The Army division overseeing munitions last month asked miners for proposals on the cost of a pilot plant to produce so-called heavy rare earth. The move would mark the first financial investment by the U.S. military into commercial-scale rare earths production since World War Two's Manhattan Project built the first atomic bomb.
Maharashtra portfolio: Finance for Ajit Pawar, home for deputy CM Jayant Patil likely
According to the portfolio-sharing arrangement that is being worked out by the three main parties, NCP’s Jayant Patil, who has already been sworn in as a minister, could become the deputy chief minister and given the home portfolio. Maharashtra has a tradition of allotting the home portfolio to an ally of the CM’s party.
Buy HDFC, price target Rs 2,360: Kunal Bothra
The analyst suggested a stoploss at Rs 2300.
I would be happier earning a fixed return of 9-10% now: Rajat Sharma, Sana Securities
Majority of the stocks are now valued below their fair price but I am still worried.
How India can fix its debt problem
An alternative investment fund (AIF) for our finance industry will at least rekindle sentiments.
India's low-cost housing space is increasingly getting global attention
Funded by the UK’s Department for International Development (DFID) and the Swedish International Development Agency (SIDA), Reall has been in the affordable housing segment for over 30 years, helping more than 3.5 million people across Asia and Africa.
Parliament okays corporate tax cut; FM says software developers, miners not eligible for lower rates
Replying to a debate on the legislation, Sitharaman said a negative list of activities that do not constitute manufacturing has been created and will not be eligible for the lower 15 per cent tax rate for manufacturing firms that are set up after October 1 and that begin operations by 2023.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service