10% stake in HDFC Capital sold to ADIA for Rs 184 crore

Mortgage firm HDFC Ltd on Wednesday announced sale of a 10 per cent stake in its private equity arm HDFC Capital Advisors to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA)......

Banks make beeline for fundraise via infrastructure bonds

Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Illustration: Uttam Ghosh/Rediff.com Canara Bank on Tuesday raised Rs 10,000 crore at a......

Stock markets edge down on STT, LTCG hike

Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25.......

'Housing sector seeing biggest boom in last 15 years'

India's housing sector is witnessing probably the "biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital......