HDFC Bank is inviting applications from start-ups and solo entrepreneurs for its SmartUp grants. SmartUp grants by HDFC Bank under #Parivartan – the bank’s umbrella CSR brand – is aimed at finding and deploying long-term, sustainable solutions at scale, to address social issues and contribute to the economic and social development of the country. This…
Migsun Group, has announced acquisition of HDFC and Ansal’s stake in Ansal IT City Park (SEZ) Tech Zone, Greater Noida. The group now plans to develop the 37.5 acre mixed-use project with Commercial, IT, and Industrial. With the latest announcement, Migsun Group will have 100 percent stake after acquiring HDFC’s 37% stake and the rest of Ansal…
HDFC Ltd has said it will acquire 19.9 per cent stake in Renaissance Investment Solutions ARC (asset reconstruction company) Private Ltd for Rs 49.8 lakh, according to PTI report. According to regulatory filing, HDFC Ltd entered into agreements for investment in Renaissance Investment Solutions ARC Private Limited. “The investment would result in holding of 4,98,750…
Private lender HDFC Bank recently announced that its board had finalized three candidates to replace the outgoing Managing Director Aditya Puri. Aditya is set to retire in the month of October this year. According to a stock exchange filing, the company said, “We wish to inform that pursuant to the recommendations of the search committee…
Housing Development Finance Corporation(HDFC) said on Thursday that it has completed the purchase of a majority stake in Apollo Munich Health Insurance for ₹1,495.81 crore. The company has acquired 51.16 per cent equity share capital of Apollo Munich Health Insurance Company after receiving approvals from competition commission of India (CCI), Reserve Bank of India and…