March 26, 2018
Talking to ET Now, Ashwini Kumar Hooda, Deputy Managing Director, Indiabulls Housing Finnace, says he is optimistic about the prospects of growth in entry level housing segment. Edited excerpts: ET Now: The Q3 AUM growth was about 32 per cent. What is the overall loan book growth and where do you see that could stabilise…
March 26, 2018
MUMBAI: SoftBank Group, Singapore state investment firm Temasek Holdings and a private equity fund managed by Morgan Stanley are in talks to buy a one-third stake in Financial Information & Network Operations (FINO), valuing the payments bank and technology company at about Rs 2,000 crore. The proposed deal will include buying out New York-based alternate…
March 25, 2018
By Andy Mukherjee Jerome Powell's debut rate-setting meeting as Federal Reserve chairman had few surprises. The quarter-percentage-point increase in the target for overnight U.S. interest rates was expected. An added relief was policymakers' decision to leave their median forecast for end-2018 rates unchanged. Yet the all-important dot-plot -- committee members' individual expectations -- are telling…
March 25, 2018
NEW DELHI: Realty firm Embassy group will invest Rs 1,350 crore to develop four new hotels in Bengaluru as part of its expansion plan in hospitality business. Bengaluru-based Embassy group, which is a leading player in commercial real estate in the country with huge portfolio of office assets, has already roped in global hospitality major…