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India Inc on record $104-bn deal-making spree
Signs 1,149 deals worth $104.3 bn in H1/2022; Mobilises $6bn via 17 IPOs; Mega mergers by HDFC Bank and HDFC Ltd ($40 bn), LTI and Mindtree ($17.7 bn)...
RBI's surprise rate hike rattles bourses
Sensex plummets 1,300 pts as RBI wrongfoots markets; Rate-sensitive stocks -realty, auto, bank stocks—tumble; Investors lose Rs6.27 lakh cr; Mcap of...
HDFC posts 16% growth in Q4 net at Rs. 3,700 crore
Housing finance major HDFC on Monday reported a 16 per cent growth in standalone net profit to Rs3,700 crore for the January-March quarter, helped by...
HDFC sells 10% in HDFC Capital to ADIA
Subsidiary of Abu Dhabi Investment Authority (ADIA) will enable $3-bn HDFC Capital to leverage its global expertise
HDFC Bank's Q4FY22 net profit up 22.8% YoY
Lending major HDFC Bank on Saturday reported a year-on-year rise of 22.8 per cent in net profit for the fourth quarter of FY22 ended March 31.
HDFC Bank's $40 billion deal may face regulatory hurdles in insurance...
India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would...
HDFC twins set for mega merger
Corporate India’s biggest merger paves way for country’s 2nd largest company; HDFC Ltd will merge with India’s top private lender HDFC Bank to create...
Indices settle high as HDFC merger lent support, Sensex up 1,335 pts
Keeping the opening session gains intact, India's key equity indices -- Sensex and Nifty -- settled sharply higher on Monday, driven by gains in HDFC...
