Stock market news: Muthoot Finance shares fall over 1%
Shares of Muthoot Finance Ltd. traded 1.34 per cent down in trade at 11:33AM on Tuesday.
Ujjivan Small Finance Bank forays into small commercial vehicle finance for tier II, III cities
Ujjivan SFB said as part of the 'Raftaar Loan...
India signs Line of Credit pact with Maldives for financing major connectivity project
The GMCP is a key pledge of the Government of Presiden...
Government to give cash vouchers to staff in lieu of LTC this year: Finance Minister
Finance Minister Nirmala Sitharaman said the employees could buy items that attract 12 per cent or more goods and services tax (GST). These purchases will have to be made in digital mode from GST-registered outlets.
Finance ministry defends retrospective amendment of 2012
Finance ministry officials strongly defended the controversial 2012 amendment that brought overseas indirect transfers retrospectively into the tax net.
Nirmala Sitharaman's announcements will boost demand in economy: PM Modi
Finance Minister Nirmala Sitharaman also announced additional capital spending and Rs 12,000 crore, 50-year interest-free loan to states to boost the economy that has been battered by the pandemic and the resulting lockdown.
Providing LTC benefits, festival advance to employees mere announcements, fraud with people: Congress
They said the minister has given the government employees their own salary and money and has now directed them to spend according to her wishes.
DHFL promoters Kapil Wadhawan, Dheeraj Wadhawan granted bail in cheating case
According to the prosecution, an FIR was registered following a direction from the Madras High Court earlier against Dewan Housing Finance Corporation Limited and others on the charge of defrauding investors, allegedly by floating bogus schemes and failing to return about Rs 218 crore to depositors.
Former Finance Secretary Rajiv Kumar appointed as new Election Commissioner
Rajiv Kumar will replace Ashok Lavasa on August 31, the Law Ministry mentioned in a notification today. On August 18, Ashok Lavasa had resigned from his post of EC. Lavasa would join the Asian Development Bank (ADB) next month as a vice-president.
Homebuyers get early Diwali gift; housing finance stocks surge
Banks and non-banking financial institutions have been reluctant to provide loans to the real estate sector citing risks amidst the pandemic, while buyers have also remained financially stressed.
Buy Power Finance Corporation, target price Rs 151: ICICI Securities
Power Finance Corporation Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 23166.71 Crore) operating in Term Lending Institutions sector.
Buy Repco Home Finance, target price Rs 248: ICICI Securities
Repco Home Finance Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 1240.28 Crore) operating in NBFC sector.
Add LIC Housing Finance, target price Rs 325: ICICI Securities
LIC Housing Finance Ltd., incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 15513.34 Crore) operating in NBFC sector.
Shares of LIC Housing Finance Ltd. rises as Nifty gains
On the technical charts, the 200-day moving average of the stock stood at Rs 314.49.