Rise in pledged shares by promoters puts Dalal…

Promoters of India Inc continue to rely heavily on share pledging to raise debt for funding their core and non-core business activities. According to the data analysed from Capitaline, the promoters pledged more than Rs…

HDFC Capital plans to form 3 investment platforms…

HDFC Capital, the real estate fund management arm of HDFC, is looking to form three platform investment deals with property developers for affordable housing, said sources in the know. Platforms are like joint ventures wherein…

Services PMI dips for second month on rising…

Rising expenses and a slowdown in new orders in the domestic market hit the widely tracked Nikkei India Services Purchasing Managers' Index (PMI) in January. This was the second straight month that the services PMI…