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On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
Why is the stock market down today? 'The market can't get a firm grip' Andrea Riquier, USA TODAY. Updated January 2, 2025 at 2:16 PM. ... The broad S&P 500 closed down 13 points, or 0.2%, after ...
It offers 33 individual products and 8 group products. It uses the HDFC group network to cross sell by offering customized products. It operates out of 451 offices across India serving over 965 locations. It had a market share of 4.6% of life insurance business in India as of 30 September 2013. [15] HDFC Life has over 15,000 employees. [18]
18 October 2007: While activity remained normal in the morning, during noon trades, the Sensex tumbled down as the intensity of selling increased towards the closing bell of the BSE. The Sensex tumbled all the way to a low of 17,771 – down 1,428 points from the same day's high. It finally settled on 17,998 with a loss of 717 points (3.8%).
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The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]
Today the stock exchange has 333 trading members. Market regulator Securities and Exchange Board of India (SEBI) has issued notice to the ASE for withdrawal of recognition stating that regional stock exchanges whose net worth was less than Rs 100 crore and turnover less than Rs 1,000 crore would be closed. [ 7 ]
As of 10:30 a.m. ET, Coursera stock was down about 8% but it had been down nearly 18% earlier in the day. ... And the lower guidance in light of these trends is why Coursera stock is down today.