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6 hours ago · After the mega public issue of Bajaj Housing Finance, another upper layer NBFC, HDB Financial Services has initiated the process to tap the IPO market and is expected to file draft papers soon to meet the RBI's mandatory listing requirements. HDB Financial Services last week received approval from the board of its parent company, HDFC Bank, to ...
15 hours ago · Bajaj Housing Finance was listed earlier this month after receiving an overwhelming response to its Rs 6,560 crore IPO. Moreover, the remaining five --Tata Sons, Tata Capital Financial Services, Piramal Capital and Housing Finance, HDB Financial Services, and Aditya Birla Finance -- are required to list by September 2025 due to their inclusion in Reserve Bank of India's (RBI) list of UL NBFCs.
4 days ago · Bollywood Entertainment at its best. Last Updated 24.09.2024 | 3:46 PM IST SEARCH
7 minutes ago · "India moving ahead on its path of local manufacturing, especially the defence equipment. It further contributes the the government's the ‘Make in India – Make for the World’ initiative," Sachin Agarwal, Chairman & Managing Director, PTC Industries, said in a statement.
8 hours ago · BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported standalone net profit of Rs 5.52 crore in Q1 FY25 as against net loss of Rs 1.70 crore posted in Q1 FY24. Net sales stood at Rs 505.69 crore in Q1 FY25, steeply higher than Rs 197.26 crore reported in Q1 FY24.
7 hours ago · Bajaj Housing Finance was listed earlier this month after receiving an overwhelming response to its Rs 6,560 crore IPO. Moreover, the remaining five --Tata Sons, Tata Capital Financial Services, Piramal Capital and Housing Finance, HDB Financial Services, and Aditya Birla Finance -- are required to list by September 2025 due to their inclusion ...
7 hours ago · HDB Financial Services is preparing to file for an IPO after receiving approval from parent HDFC Bank's board. The Rs 2,500 crore offering includes a fresh issue and an offer for sale. The RBI mandates NBFCs categorised as "upper layer" to list within three years to meet regulatory requirements and enhance transparency. The IPO follows the listing of Bajaj Housing Finance amid rising demand for high-quality businesses in the market.
