Indiabulls group firms extend rally; CLSA revises IBHF targetGlobal brokerage firm CLSA maintained ‘Buy’ rating on Indiabulls Housing Finance.
Indiabulls’ shares rally after govt clean chit for some loansIndiabulls Housing Finance (IBHF) shares rallied 24.65 per cent to Rs 334.40.
CRISIL changes rating outlook of Indiabulls cos to 'Negative'Crisil marked such negative outlook for long term ratings and various debt securities worth Rs 27,049.98 cr for two cos collectively.
IB Housing Finance, LVB hit 52-week lows as RBI says no to mergerIndiabulls Housing Finance stock dipped as much as 20 per cent to Rs 192.65.
RBI move on LVB has no impact on merger proposal: IndiabullsIn April this year, Indiabulls Housing Finance (IBHF) had announced the proposed merger in April and applied for the RBI nod in May.
The week that was: Export subsidy adds sweetener to sugar stocks, IBHF swallows bitter ‘PIL’NSE barometer Nifty50 declined 77 points, or 0.70% for the week to settle at 10,946.20.
Indiabulls, Lakshmi Vilas deal in limbo with RBI yet to take a callRBI has allowed Indiabulls to invest Rs 250 crore in bonds to be issued by LVB.
Indiabulls expect RBI nod for merger with Lakshmi Vilas Bank by October, to focus on SMEs post-mergerThe promoters exiting the real estate business or at least making it debt-free should also help get the RBI go ahead.
Indiabulls Housing Finance to buy back bonds worth up to $50 millionThe buyback will be done upon receipt of necessary regulatory approval, it added.
How the realty sector is being plagued by severe cash crunchWith buyers disinterested and lenders disappearing, the spectre of insolvency and price crash looms large.
After Market: Jet rallies, DLF tanks; 100 stocks hit 52-week lowsRupee's fall against the dollar and an uptick in crude oil prices were the other major drag.
Lakshmi Vilas Bank jumps 5% on favourable proposed swap ratioThe deal values LVB’s weak business at close to four times its adjusted book value.
Will LVB-IBHF marriage pass RBI test? Analysts have doubtsRBI looks at each deal very closely, said Jagannadham Thunuguntla, Centrum Broking.
Talking Stock: IBHF, LVB, Jet, RCom, Wockhardt, NIIT Tech, Bajaj AutoHow to play IT stocks ahead of the March quarter earnings season which kicks of later this week.
Shareholders of IBHF, LVB to gain from the proposed marriageThe deal values LVB’s weak business at close to four times its adjusted book value.
Indiabulls Housing Finance to raise Rs 4,500 crore via bond issues in 2014-15Mortgage lender Indiabulls Housing Finance (IBHF) is aiming to raise Rs 4,500 crore through bond issues in 2014-15, a top company official ...
Indiabulls Housing Finance Q3 Net up 21% on core interest incomeIBHF posted 20.75% growth in net profit at Rs 395.1 crore for the third quarter ended December 31, driven by a growth in the core interest ...