Tata Steel hopes to bounce back soon
JAMSHEDPUR (INDIA): Private steel major Tata Steel has expressed confidence that the situation would be back to normal in the next quarter after the company’s performance was impacted temporarily in… Read more »
Monthly Archives: January 2017
HUDCO files draft papers with Sebi for IPO
NEW DELHI (INDIA): State-run Hudco has filed draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial share sale as part… Read more »
Australian home prices boast best year since 2009, rise nearly 11%: CoreLogic
By Wayne Cole SYDNEY: Australian home prices boasted their biggest increase last year since 2009 as December ended on a high note for the red-hot markets of Sydney and Melbourne…. Read more »
HDFC cuts home loan rates by up to 0.45%; home loan rate up to Rs 75 lakh now at 8.7%
MUMBAI (INDIA): Taking cue from banks, country’s largest mortgage lender HDFC has reduced its home loan rates by up to 0.45 per cent. Loans up to Rs 75 lakh will… Read more »
US construction spending hits highest level in 10 years
WASHINGTON: US builders boosted spending on construction projects for a second straight month in November, pushing activity to the highest level in more than a decade. Construction spending rose 0.9… Read more »
China regulator sets rules to curb property insurance products risk
By: Engen Tham SHANGHAI: China’s insurance regulator launched new rules on Tuesday to curb the risks associated with property insurance products, it said in a notice on its official website…. Read more »
Evergrande raises $4.3 billion new capital for its China backdoor listing
By: Donny Kwok | Clare Jim HONG KONG: China Evergrande Group said it would sell 13.16 percent of the enlarged shares in a property subsidiary to eight investors for a… Read more »
DHFL cuts home loan rates by 0.5%
NEW DELHI (INDIA): Mortgage firm DHFL today reduced its home loan lending rates by 0.5 per cent in line with competitors. Following the reduction, rates on home loan for various… Read more »
Unauthorised colonies born out of greed: Delhi High Court
NEW DELHI (INDIA): Unauthorised colonies are normally born out of greed with intent of securing unmerited benefits and legalising them has emboldened purchasers of acquired land and encroachers apart from… Read more »
Muthoot HomeFin plans to raise upto Rs 800 crore next fiscal
NEW DELHI (INDIA): Muthoot HomeFin (India) plans to raise up to Rs 800 crore from market next fiscal as it is expanding business in the southern part of the country…. Read more »