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22 June, 2018 3:17 PM HDFC Bank only domestic brand in BrandZ's top 100 global list

With the 2018 ranking, the Aditya Puri-led bank has jumped 14 notches since 2015, when it was valued at USD 14.2 billion, the bank has said. The largest private sector lender HDFC Bank has become the only domestic brand to be featured in the BrandZ's top 100 most valuable global brands ranking at the 60th slot with a brand valuation of USD 20.8 billion 32

20 June, 2018 2:39 PM SBI, HDFC Bank, ICICI Bank, Axis Bank, PNB Offer This Zero Minimum Balance Account. See Benefits Here

Zero minimum balance account: A basic savings bank deposit account does not require a customer to maintain a minimum monthly average balance also. A basic savings bank deposit (BSBD) account does not require any minimum balance. This account that is generally meant for poor sections of society offers interest rates similar to normal savings bank accounts 30

20 June, 2018 7:08 AM Market Update: Bajaj Finance hits fresh 52-week high; RIL jumps 2%, TCS most active

The breadth of the market favoured advances, with 922 stocks advancing, 722 declining and 402 remaining unchanged. On BSE, 1256 stocks advanced, 1099 declined and 119 remained unchanged. The broader indices including the Nifty and the Sensex extended the morning gains this Wednesday afternoon with the Nifty up 50 points at 10,759 and the Sensex 36

20 June, 2018 4:15 AM Fine Organic Industries raises Rs 180 cr from anchor investors

Chemicals firm Fine Organic Industries on June 19 raised Rs 180 crore from anchor investors, ahead of its initial share sale today. The company has allotted 22,99,497 equity shares to 15 anchor investors at Rs 783 per scrip, garnering Rs 180.05 crore, Fine Organic Industries said in a statement. Among the anchor investors are Goldman Sachs India, HDFC Small 38

19 June, 2018 8:52 AM Flipkart Super Value Week Brings Discounts, Buyback Guarantee Offers on Google Pixel 2, iPhone Models, and More

The Flipkart Super Value Week, giving customers offers and deals on new smartphones, has kicked off and will continue till June 24. As part of the sale, Flipkart is offering No Cost EMI options, buyback guarantees, discounts, and cashbacks on mobile phones. Popular mobile phones that are a part of the new Flipkart offer include handsets like Google Pixel 49

19 June, 2018 3:04 AM Top buy & sell ideas by Mitessh Thakkar, Sudarshan Sukhani, Prakash Gaba for short term

Mitessh Thakkar of iis of the view that one can sell CESC with a stop loss of Rs 991, target of Rs 950, HDFC with a stop loss of Rs 1840, target of Rs 1790 and buy Bata India with a stop loss of Rs 799, target of Rs 855. The Nifty which started on a flat note failed to build on momentum due to weak global cues and slipped towards its crucial 46

14 June, 2018 5:05 PM Additional capital to aid growth in rural areas: HDFC

‘Decision bodes well for investment climate, foreign inflows’ Private sector lender HDFC Bank said on Thursday the capital it plans to raise would be mainly to support growth in semi-urban and rural areas. On Wednesday, the government approved the lender’s proposed ₹24,000 crore capital plan. Since this was an FDI proposal in excess of ₹5,000 crore not under 37

13 June, 2018 6:28 PM HDFC arm picks up minority stake in Homekraft

HDFC Capital Advisors, a 100% subsidiary of mortgage financier HDFC, has acquired a minority stake in real estate developer ATS Group’s Homekraft unit for an undisclosed amount. Homekraft aims to invest over $300 million for development of affordable and mid-income housing across India with a mix of internal accruals, debt and private equity funds. The focus 31

13 June, 2018 1:26 PM HDFC Bank gets Cabinet nod to raise Rs 24,000 crore as FDI

The Union Cabinet on Wednesday approved foreign direct investment (FDI) worth Rs 24,000 crore for HDFC Bank. This is including the premium, over and above the previous approved limit of Rs 10,000 crore, such that the composite foreign shareholding in the bank shall not exceed 74 percent of the enhanced paid-up equity share capital of the bank, said Finance 36

8 June, 2018 7:19 AM Market Update: Dr Reddy's, Sun Pharma jump 3-5%; Infosys hits fresh 52-week high, PNB up 3%

The broader indices continue to trade on a negative note this Friday afternoon with the Nifty trading lower by 55 points at 10,712 and the Sensex shed 183 points at 35,279. Pharma stocks continued to outperform with the Index up over 2.5 percent led by Sun Pharma, Lupin, Aurobindo Pharma, Cipla, Dr Reddy's Labs, Cadila Healthcare and Glenmark Pharma 34