DHFL Raises Rs 809 Crore From Institutional Investors
New Delhi: Dewan Housing Finance Corporation Ltd (DHFL) on Thursday said it has raised Rs 809.61 crore by issuing shares to institutional investors. The company said it has issued and allotted 1,69,31,102 equity shares to the Qualified Institutional Buyers (QIBs) at a price of Rs 478.18 per equity... read more »
TCS launches new platform for automation in underwriting for insurance
RELATED Brand TCS grew 271% in five years: Report TCS to stick to hiring target from campuses in FY16: CEO MORE FROM THE AUTHOR Sensex rises in early trade on buying by fundsRupee rises to 62.20 in early trade on dollar selling Tata Consultancy Services (TCS), the country’s top software... read more »
Loan customers, rejoice! EMIs to get cheaper soon
Bringing double cheer to the both India Inc and the common man across the country, the Reserve Bank of India has slashed the repo rate by 25 basis points. The move would now mean that loans are all set to become cheaper. “The move will boost both investments and demand growth in the country.... read more »
Spectrum Auction Day 1 : Govt Mops Rs 60,000 Cr
In what is turning out to the biggest spectrum auction in the country, the government is assured of mopping up more than Rs 60,000 crore from the bids in the first day itself. The auction for airwaves in four bands -900 Mhz, 1800 Mhz, 2100 Mhz and 800 Mhz- started on Wednesday, 4th of March, with... read more »
