Housing and Urban Development Corporation Ltd. (HUDCO) on Wednesday raised Rs 1,905 crore through a seven-year bond issue. The increase amounted to a coupon rate of 6.98%, according to a company statement. “This performance stands out as the broader market faced unexpected yield pressures,” HUDCO said on Thursday, adding that this was despite expectations of […]
Shares of infrastructure financing shares such as HUDCO, IREDA, REC and Power Finance Corporation (PFC) rose on Wednesday 1 October by more than 5% after the Bank of India Reserve has announced a whole series of measures to make infrastructure financing more efficient. Governor Sanjay Malhotra, during the RBI MPC meeting earlier today, said that […]
While the main reasons for the decision of the Reserve Bank of India (RBI) Monetary Policy Committee to preserve the unchanged interest rates, Dalal Street took knowledge of RBI Governor Sanjay Malhotra’s remarks about stable macro background and pro-market-initiatives of Wednesday-in-the-Initiatieves. Sesex rose more than 600 points to 80,930, while Nifty also registered an increase […]
Investors who want to protect emerging dividend benefits from some of the most prominent companies in India – including Reliance Industries LTD (RIL), Hindustan Petroleum Corporation Ltd (HPCL), REC LTD and Bharat Electronics LTD (BELD) – have a last chance today. Thursday, August 14, 2025, the record date for determining eligible shareholders is the last […]