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Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Finance

17 September, 2021

Demographics and convenience spurring hyper growth in financial services: HDFC vice-chair, CEO

Unprecedented growth in financial services is resulting from rapidly changing Indian demographics and consumer behaviour which...

World Bank's International Finance Corporation to invest in HDFC

Finance

05 July, 2021

World Bank's International Finance Corporation to invest in HDFC

World Bank's International Finance Corporation (IFC) will make a debt investment of up to $250 million (approximately Rs 186...

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

Finance

30 June, 2021

HDFC takes 8.4% stake in Ansal Housing by invoking pledged shares

India’s largest private mortgage financier Housing Development Finance Corporation (HDFC) has acquired an 8.42% stake in...

New York-based Warburg Pincus buys HDFC's stake in Good Host

Infrastructure

23 April, 2021

New York-based Warburg Pincus buys HDFC's stake in Good Host

US private equity firm Warburg Pincus acquired a 24.48% stake in Good Host Spaces, the on-campus student housing platform said....

Refex Capital leads round in Rage Coffee; Prime Securities invests in Fantasy Akhada

Consumer

07 April, 2021

Refex Capital leads round in Rage Coffee; Prime Securities invests in Fantasy Akhada

Rage Coffee, a Delhi-based company that manufactures, markets, and distributes packaged coffee products, has raised growth capital...

BlackSoil Capital invests in Mahaveer Finance; Matrix leads AntWak funding

Finance

06 April, 2021

BlackSoil Capital invests in Mahaveer Finance; Matrix leads AntWak funding

Mumbai-based venture debt and alternative credit platform BlackSoil Capital has invested Rs 20 crore in Chennai-based Mahaveer...

Indian shares flat as HDFC weighs, Muthoot Finance falls

Markets

08 March, 2021

Indian shares flat as HDFC weighs, Muthoot Finance falls

Indian shares ended flat on Monday, as losses in top non-banking finance company HDFC countered gains in information technology...

Grapevine: Zomato to close pre-IPO round; Voda mulls part-exit from Indus Towers

General

22 January, 2021

Grapevine: Zomato to close pre-IPO round; Voda mulls part-exit from Indus Towers

Online food delivery platform Zomato is closing a fresh $500 million (about Rs 3,650 crore) investment at a valuation of ......

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HDFC cools on alternatives in FY20, but piles into new funds

Finance

04 November, 2020

HDFC cools on alternatives in FY20, but piles into new funds

Housing Development Finance Corporation's (HDFC) pace of investments in the alternative investment fund (AIF) space slowed...

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

General

23 September, 2020

Grapevine: Brookfield, SBI, HDFC to jointly set up asset reconstruction firm

Canada’s Brookfield, State Bank of India (SBI), and housing finance firm HDFC are joining hands to come up with a ......

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