Mortgage king HDFC in market to shine up subsidiaries

India's largest mortgage lender Housing Development Finance Co. Ltd (HDFC) is in the market to raise money, not for its core lending operations, but mainly to remain invested in its most richly valued subsidiary, HDFC Bank Ltd, besides entering into newer businesses. The mortgage lender will use Rs8
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India Prime Minister Narendra Modi gestures while speaking in Noida, East of New Delhi on Dec. 25, 2017. Prakash Singh—AFP/Getty Images. By Reuters. 9:34 PM EST. India looks set to leapfrog Britain and France next year to become the world's fifth-largest economy in dollar terms, a report showed
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… remarks, saying: “These restrictions … could harm investment in the company and even exclude it from trade on the stock exchange.” Bitcoin is a publicly available ledger of a finite number of digital “coins”, which backers say can be used as a currency without the support of any country's central bank.
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The nation will have a rental housing market of 5.4 billion square meters with annual rental income of some 4 trillion yuan ($611.7 billion) by 2027, according to a new research note on the rental housing market. The report, released by Shanghai-based CRIC China, the real estate services provider, said
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Liquidity challenges in the economy made the amount of money that commercial banks borrowed from the Central Bank of Nigeria to increase by 52 per cent in the first three weeks of December, data obtained from the CBN website showed on Monday. The CBN Standing Lending Facility window data
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The recently concluded session had traders exchanging Express Scripts Holding Company (NASDAQ:ESRX) low level. Roughly 1.37 million shares changed hands compared to the three-month volume average 4.19 million shares. The first trade took place at $74.4 and the stock went up 0.09% to attain
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Spurred by rising demand for luxury digs and a flood protection agency's need for cash, real estate developers are turning to the New Orleans lakefront as a new target for upscale residential construction. At least four condominium buildings are among projects proposed or in early planning stages for
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Mizuho downgraded shares of Edison International from a “buy” rating to a “neutral” rating in a research report on Wednesday, December 6th. ValuEngine cut shares of Edison International from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. SunTrust Banks restated a
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TENNIS Australia has made sure Serena Williams's management is aware of a WTA Tour rule which allows her to make a late entry to its summer tournaments, including Sunday's Brisbane International. Williams's announcement on Christmas morning (Australian time) that she will play at a rich Abu
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The Dallas-Fort Worth-Arlington housing market is about as hot as it gets, and there are few signs of it cooling off anytime soon. During the upcoming year, North Texas is projected to have the second-highest increase in home sales in the U.S., behind only the Las Vegas area, according to a by Realtor.
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Changes based on performance or injuries are rarely, if ever, revealed and that is true for the Cactus Bowl. The starters from past games, however, can be traced and this season offered one noteworthy development. The offensive line remained intact throughout a 7-5 run that finds K-State playing UCLA
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SPDR KBW Regional Banking logo Point72 Asset Management L.P. raised its position in SPDR KBW Regional Banking (NYSEARCA:KRE) by 86.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 186,226
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Invesco Mortgage Capital (NYSE: IVR) and Capstead Mortgage (NYSE:CMO) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, risk, valuation and
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My worry is that six months ago I looked at an escort website showing couples having sex. To gain premium access I had to pay by card – perhaps six transactions under £10. Then I realised it shows up on my bank statements and cancelled it but I am terrified the mortgage advisor will ask about this in
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THE relocation of residents from the Central City Caravan Park placed further stress on Bendigo's already strained market for cheap accommodation, Haven' Home, Safe … Haven' Home, Safe assisted 38 residents in relocation to private rentals, public housing and community-assisted living options.
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CWA Asset Management Group LLC boosted its stake in shares of Mondelez International by 40.3% in the 1st quarter. CWA Asset Management Group LLC now owns 8,699 shares of the company's stock valued at $375,000 after buying an additional 2,500 shares during the period. Nations Financial
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[TOKYO] Sumitomo Mitsui Financial Group (SMFG) is keen to raise its stake to a majority in Indonesian lender BTPN if authorities permit, the Japanese bank's CEO said, as it aims to roll out full-scale banking operations in emerging Asia markets. “Conditional upon regulatory approval, we would like to
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China's stock regulator issued an order late Monday for Leshi founder Jia Yueting to return to the country before the end of the year to deal with the company's financial woes. The Beijing branch of China Securities Regulatory Commission said that despite repeated calls from the regulator, the founder
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The project is being developed by Phuc Khang Investment and Construction Corporation (PK), a real estate developer in Vietnam. MC is already engaged the real estate development business in two cities in Vietnam – Binh Duong in the suburbs of HCMC and Hanoi, but this project will be its first in
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A man carries a kite in the shape of the Chinese national flag n Shanghai. Photographer: Qilai Shen/Bloomberg. The growing importance of Asia's major economies will continue in 2018 and beyond, according to a league table that sees the region dominating in terms of size in just over a decade.
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