Page 2 - Idfc

Top headlines: Swiggy, Zomato to pay GST, Covid vax export curbs may ease

Business Standard brings you the top headlines on Saturday

IDFC to look for suitors again for its Rs 1.26 trillion MF business

Existing fund houses, MF aspirants could show interest

Stocks to watch: HUL, Bajaj Auto, IDFC, Wipro, Bajaj Finserv, IB Housing

The Reserve Bank of India has allowed IDFC to exit the IDFC First Bank after the expiry of the lock-in period of 5 years

Close-ended equity funds bet on economy reviving, now disappoint investors

Data shows 10 out of 17 close-ended schemes maturing before July have seen one-year returns between 34 and 40 per cent

D-Street party continues; Sensex ends 610 pts higher at 52,154; banks rally

The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels

IDFC up over 20% over last two trading sessions on buzz of stake sale

Lock-in period for stake in bank expires on Sept 30, AMC arm seeing steady growth

Trump intends to nominate Indian American Deven Parekh to IDFC Board

The nomination of Parekh, who is the managing director at software investment firm Insight Partners will be for a period of three years

Investments in YES Bank aimed at providing stability, says SBI chief

SBI Card, the second largest largest credit card issuer in the country, got listed at 13 per cent discount at Rs 658 on the BSE, against the issue price of Rs 755.

NIIF Infrastructure Finance set for a tax dispute with I-T department

The company is seeking an exemption since 2015, while the I-T department has notified the fund only from April 1 this year

IDFC First Bank progressing on its promises after performance lull

Reasonable improvement in deposit accretion and sharp increase in profitability are the key achievements in Sept quarter

IDFC's long-term commitment will help boost MF biz: CEO Vishal Kapoor

'With our focus on expanding our distribution network along with new product opportunities in the pipeline, we expect to see sound growth in the coming quarters,' he says

IDFC posts 11-fold jump in Q3 net profit at Rs 26.28 cr on tax adjustment

There was a tax adjustment of Rs 31.41 crore in the third quarter

IDFC First's downside limited, but analysts divided on bank's future

Faster-than-expected loan growth could lift valuations for bank

IDFC infrastructure lending arm to raise Rs 1,500 cr in bonds

Will also raise Rs 400 crore of commercial papers

IDFC Bank CFO Sunil Kakar appointed MD & CEO of IDFC Ltd, replaces Limaye

Prior to joining IDFC, Kakar worked with Max New York Life Insurance Company since 2001 as CFO

IDFC net profit falls 43% to Rs 101 cr in Q3

On standalone basis, there was a net loss of Rs 44.77 crore during the quarter

IDFC Mutual Fund launches UPI mode of payment for investment

This facility will be available to existing, as well as new investors for lump sum purchases

IDFC AMC launches Balanced Fund

The new fund offer will open on Dec 12 and close on Dec 26 and will reopen for continuous sale and repurchase from Jan 2

IDFC has structural issues after demerger, says MD & CEO

Company in talks with RBI to look at possibility of doing businesses that are compliant with norms

IDFC's plan to re-price Esops draws proxy ire

Plan tries to give cover price-risk of employees, argues IiAS; Company says proposals are in interest of shareholders and employees