New Delhi: Housing Development Finance Corporation (HDFC) on Monday reported a healthy rise of 26 per cent in the individual loan category during the third quarter of FY21. “The individual loan business continued to see improvements during the quarter ended December 31, 2020. Disbursement growth over the corresponding quarter of...
Mutual fund asset base increased 7.6% in December quarter
New Delhi: In the third quarter (October-December) of the current financial year 2020-21, mutual funds asset base has increased by 7.6 percent. After this increase due to the boom in the equity market, the mutual fund asset base increased to 29.71 lakh crore. According to the Association of Mutual Funds...
Fiat Chrysler To Invest 250 Million USD In India Unit
New Delhi: Fiat Chrysler Automobiles NV (FCA) said on Tuesday it will invest $250 million to grow its presence in India with the launch of four new sport-utility vehicles (SUVs) under its Jeep brand over the next two years. The investment will be made to locally manufacture a mid-size, three-row...
Adequate order book to boost construction companies’ FY22 performance: ICRA
New Delhi: The ratings agency said the outlook on the construction sector in FY22 is stable and credit profile of players are likely to recover after weakening in FY21. Besides, ICRA pointed out that investments planned under the National Infrastructure Pipeline will be key growth drivers for the sector. "While...
Sensex climbed for 10th consecutive day
Mumbai: The rally in the domestic stock markets continued for the 10th consecutive day today and the BSE 30-share Sensex Sensex gained 260.98 points, or 0.54 percent, to 48,437.78 points and the National Stock Exchange's Nifty gained 66.60 points, or 0.47 percent. 14,199.50 points closed at a new record level....