hdfc News

HDFC profit rises 27% in Q4

The board has proposed a final dividend of Rs 17.50 per share and the proposed final dividend is in addition to the interim dividend of Rs 3.50 per share declared by the board earlier in the year, taking the total dividend to Rs 21 as against Rs 20 per share for the previous year.

HDFC net profit declines 60 per cent YoY to Rs 2,114 crore

The company had sold shares in the initial public offer of HDFC Life Insurance Company for a consideration of Rs 5,250 crore in the quarter ended December 2017.


Mortgage firm Gruh Finance to merge with Bandhan Bank

The share exchange ratio agreed by both boards is 568 equity shares of face value of Rs 10 each of Bandhan Bank to be issued for every 1,000 equity shares of Rs 2 face value each of Gruh.

HDFC group overtakes Tatas in market capitalisation

At Wednesday’s close, the market capitalisation of HDFC group stood at Rs 10.40 lakh crore, which is Rs 1,185 crore more than that of Tata Group, according to Bloomberg data.

Fraud NGO, fake call centre busted in Noida; 13 arrested

The NGO would collect donations apparently to help poor patients and underprivileged children. They would even accept donations online and through mobile wallet but did not give receipts to donors.

HDFC standalone net rises 25 per cent in Q2

Total income during the September quarter stood at Rs 11,256.96 crore, up from Rs 9,007.37 crore in the same period previous fiscal.


HDFC V-P murder: ‘Two days before Sanghvi’s murder, accused tried to attack another man in parking lot’

According to the police, Shaikh has said that he was about to attack this man with a rod but backed out at the last moment when the man’s friends arrived on the scene.

HDFC bank Vice-President death: Family, friends pay last respects to ‘doting father’

On Monday, residents of New Ridge Society in Malabar Hills gathered in the courtyard of the housing society to offer condolences.

Simply put: Contested words of advice

Calls to regulate global proxy advisory firms mounted after 2 US-based firms recommended a vote against re-election of 3 Indian stalwarts to HDFC Board. What are these firms, why is their working contentious?

Post HDFC vote, foreign proxy advisory firms’ role under question

Former RBI Governor Bimal Jalan and chartered accountant Bansi Mehta opted out of the voting for re-election as directors when it became clear that 2 global proxy firms and a domestic firm had advised investors to vote against their re-election.