Provident Housing, a wholly-owned subsidiary of realty developer Puravankara has raised Rs 1,150 crore from HDFC Capital Advisors, the real estate private equity arm of HDFC Group, to support future growth and expansion plans.This strategic collaboration between the developer and India’s largest residential investment platform, is expected to lead to an addition of 6.2 million sq ft of new projects to the ongoing 14.8 million sq ft.This combined portfolio will hold a gross development value of Rs 17,100 crores, which will be delivered over the next five to six years.On November 3, ET was first to report that Provident Housing and HDFC Capital were in talks for this funding.“With HDFC…
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Category: HDFC Bank
Minimum application amount – HDFC Mutual Fund launches Manufacturing Fund. Key things to know
Apr 26, 2024, 11:16:40 AM ISTHDFC Mutual Fund has launched HDFC Manufacturing Fund. The fund will be an open-ended equity scheme aiming to unlock the potential of India’s manufacturing sector by investing predominantly in equity and equity-related securities of companies engaged in manufacturing activities.AgenciesThe new fund offer or the NFO of the scheme is open for subscription and will close on May 10.iStock3/8Minimum application amountThe minimum application amount for purchase/switches is Rs 100 and any amount thereafter. The minimum application amount for daily, weekly and monthly SIP is Rs 100 with a minimum of six instalments.Getty Images4/8Benchmark and fund managerThe…
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Hdfc Bank Outlook for the Week (April 29, 2024 – May 03, 2024)
HDFC Bank Limited (NYSE:HDB) Shares Sold by Motley Fool Asset Management LLC
Motley Fool Asset Management LLC decreased its holdings in shares of HDFC Bank Limited (NYSE:HDB – Free Report) by 65.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,670 shares of the bank’s stock after selling 217,386 shares during the quarter. Motley Fool Asset Management LLC’s holdings in HDFC Bank were worth $7,561,000 as of its most recent filing with the Securities and Exchange Commission. Get HDFC Bank alerts:Sign UpOther hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its…
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Source: https://www.marketbeat.com/instant-alerts/nyse-hdb-sec-filing-2024-04-25/
Puravankara raises Rs 1,150 cr from HDFC Capital to build housing projects ,Real Estate News, Business News
Realty firm Puravankara Ltd on Thursday said its subsidiary Provident Housing Ltd has raised Rs 1,150 crore from HDFC Capital for development of housing projects.
COMMERCIAL BREAKSCROLL TO CONTINUE READING”This strategic collaboration will add an additional 6.2 million square feet of new residential projects to the ongoing 14.8 million square feet with a combined GDV (gross development value) of Rs 17,100 crore, which will be delivered over the next five to six years,” the Bengaluru-based Puravankara said in a regulatory filing.
Provident Housing has so far completed 15.1 million square feet of projects across the country with a presence in nine cities, including Bengaluru,…
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HDFC Bank – HAL and Tata Steel among 10 stocks that saw highest number of shareholder addition
Apr 25, 2024, 05:29:15 PM IST1/11Joining the Party!The record-breaking D-Street rally in recent years has resulted in investors entering the stock market in hordes. For instance, five stocks, NHPC, Indian Renewable, IRFC, Yes Bank, and HDFC Bank, collectively added 75 lakh investors during the quarter ending March 2024. NHPC led the pack with a substantial influx of 23 lakh new investors. Take a look (Source: ET | Capitaline)AgenciesNo. of shareholders as of March 31, 2024: 33.36 lakhNo. of shareholders as of Dec 31, 2024: 10.33 lakhChange: 23.03 lakhAgenciesNo. of shareholders as of March 31, 2024: 21.47 lakhNo. of shareholders as of Dec 31, 2024: 5.26 lakhChange: 16.21 lakhIANSNo….
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Provident Housing secures ₹1150 crore investment from HDFC Capital, with a potential GDV of ₹17,100 crore
Provident Housing Limited, a wholly-owned subsidiary of Puravankara Limited, has secured an investment of ₹1150 crore from HDFC Capital to develop 6.2 million square feet of new residential projects, the company said.This will add to the ongoing 14.8 million square feet with a combined GDV of ₹17,100 crores, which will be delivered over the next five to six years, the company said.Provident has so far completed 15.1 million square feet of projects across the country with a presence in nine cities, including Bengaluru, Hyderabad, Chennai, Goa, Kochi, Mumbai, and Pune. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Also Read: Eldeco and HDFC…
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HDFC Life and Peerless Financial Products Distribution Ltd. (PFPDL) Enter into a Corporate Agency Tie-Up
ANI |
Updated: Apr 25, 2024 18:40 IST
BusinessWire IndiaMumbai (Maharashtra) [India], April 25: HDFC Life, one of India’s leading insurers, and Peerless Financial Products Distribution Ltd. (PFPDL) have entered into a corporate agency tie-up. This partnership would enable PFPDL to distribute life insurance products of HDFC Life to its customers.PFPDL is a subsidiary of the Peerless General Finance & Investment Co. Ltd (PGFI), one of India’s oldest and biggest NBFCs in East India. PFPDL has 40 branches with a broad customer base across 42 locations.Through this tie-up, PFPDL…
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The card of ultimate convenience for those on-the-go, HDFC Bank’s Regalia Gold Credit Card
Today’s true men and leading ladies; connoisseurs of taste never settle for anything but the best. Having studied their choices, they always show up to impress. From the most refined outfits to compelling opinions, they are admirable inside out. And an extension of them is how they choose to experience the world–whether it’s for leisure or work. Allowing a seamless and luxurious immersion while touring is the winners’ card; HDFC Bank’s Regalia Gold Credit Card. Catering to the brilliant, this card offers the today’s performers what they deserve.Scroll down to unveil more.Rewards for modern-day pioneersHaving to stay with the trend can be tedious—the right looks, the right…
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HDFC Bank, Grasim, ITC: Top stock holdings of FIIs, MFs in March 2024 qtr | News on Markets
With the NSE’s Nifty 50 scaling unprecedented heights, crossing the 22,700 milestone earlier this month, shareholders in the index are making strategic adjustments to navigate the dynamic market landscape. The surge in indices came on the back of a robust economy, optimistic forecasts from global brokerages and rating firms on economic growth outlook, and favourable investor sentiment. Click here to follow our WhatsApp channel In parallel, BSE’s Sensex also reached unprecedented heights in April, surpassing the crucial milestone of 75,000 for the first time, further reflecting the buoyant market conditions. The broader market indices, including Nifty Midcap 100 and Nifty Smallcap…
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