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India's HDB Financial Services to raise $299 mln via IPO
India's HDB Financial Services, a unit of HDFC Bank , has approved raising 25 billion rupees ($299 million) through a fresh issue of shares in its initial public offering, the lender said on Friday.
HDFC unit HDB Financial Services approves raising Rs 2,500 cr via IPO
HDB Financial's listing follows the country's central bank norms introduced in 2022, which required large non-banking financial companies (NBFC) to be listed on stock exchanges by September 2025
HDFC Bank's arm HDB Financial Services to raise Rs 2,500 crore via IPO
"We wish to inform you that the Board of Directors of the Company at its meeting held today has inter-alia, subject to the approval of the shareholders, considered and approved the IPO of the equity shares of face value Rs 10 each comprising of a fresh issue of equity shares aggregating up to Rs 2,
1h
India's Nifty, Sensex outperform most global markets, behind only Wall Street
India's NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street's Nasdaq and S&P 500 as top-performing indexes this ...
4h
India rejects report on transfer of ammunitions to Ukraine as 'speculative'
A Reuters report claims that Indian-made artillery shells were diverted to Ukraine by some European countries.
5h
India bowled out for 376 on Day 2 of 1st test as Mahmud picks up 5-83 for Bangladesh
Bangladesh pace bowler Hasan Mahmud picked up his second five-wicket haul in a row as India was bowled out for 376 runs in ...
5h
on MSN
India's IIFL Finance jumps 13% after cenbank lifts gold loan ban
By Dimpal Gulwani and Siddhi Nayak BENGALURU/MUMBAI (Reuters) -Shares of India's IIFL Finance surged 13% on Friday, after the ...
12h
India’s Das Tames Once-Volatile Rupee With $689 Billion Reserves
India’s central bank chief Shaktikanta Das has pulled off a rare balancing act: Clamping down on volatility in the rupee ...
13h
India approves development of reusable launcher, space station module
"Great news for the space sector!" Indian Prime Minister Narendra Modi posted on X. Collectively, the projects authorized by ...
19h
on MSN
CNBC's Inside India newsletter: Will India's lofty manufacturing ambitions bear fruit?
As the 10th anniversary of the Make in India initiative nears, CNBC's Inside India takes a look at how the nation's ...
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56m
India Reports Record Gold Imports in August
India reported record gold imports totaling $10 billion in August. It was over a three-fold increase over the previous month.
22h
Ashwin, Jadeja dig India’s cricketers out of trouble against Bangladesh in 1st test in Chennai
Ravichandran Ashwin scored his sixth test hundred as he and Ravindra Jadeja dug India's cricketers out of trouble against ...
8m
Cricket-Bumrah leads Bangladesh rout, India in box seat in Chennai
Seamer Jasprit Bumrah then wrecked Bangladesh, who folded for 149 handing India a significant lead of 227 in the bowler-dominated contest. Seventeen wickets tumbled on a frenetic day two with India ...
25m
India vs Bangladesh, 1st Test, Day 2 key takeaways: Rohit’s dismal show vs Bangladesh, Kohli’s luck runs out, Hasan’s feat
As India started their second innings, Rohit Sharma's rough patch continued while Yashasvi Jaiswal could not replicate his ...
20h
Anti-money laundering watchdog calls on India to speed up prosecutions
The global anti-money laundering watchdog, the financial Action Task Force (FATF) urged India on Thursday to speed up its ...
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