Lic Housing Finance Ltd

LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase in lending rates following the Reserve Bank of India's recent decision to hike policy repo rate.

Sumeet Bagadia, associate director at Choice Broking, says that as long as Nifty holds 9,000 levels, the trend remains higher and the index could move to 9200-9400 levels.

LIC Housing Finance Ltd (LIC HFL) will acquire 19.3 per cent shares of LIC Nomura Mutual Fund Asset Management Company for Rs 27 crore.

The Reserve Bank of India (RBI) has tightened rules for so-called "shadow banks", raising minimum capital requirements and restricting deposits with a set of changes that it hopes will protect consumers and the market without stifling growth.

Prime Minister Narendra Modi's new government on Thursday unveiled its maiden Budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how it would cap the big fiscal deficit.

The Reserve Bank of India has sought the Election Commission's approval to announce new bank licenses ahead of the polls due to conclude by May and media reports had said the commission could meet on Monday.

India Infoline Housing Finance Ltd, the housing finance subsidiary of India Infoline, reported on Monday that it has appointed S Sridhar, former chairman of National Housing Bank and Central Bank of India, as non-executive chairman of the company.

The Athashri retirement community offers the over-55 crowd Western-style amenities such as a clubhouse, gym, library and pool but with a distinctly Indian twist: a temple on site where residents worship Ganesh, a god followed by many Hindus in Maharashtra.

Retirement fund body Employees' Provident Fund Organisation (EPFO) is planning to relax investment norms so that a part of its corpus can be invested in bonds of private sector companies to ensure better returns for its over 50 million subscribers.

Foreign investor CLSA (Mauritius Ltd), one of the shareholders of LIC Housing Finance, offloaded 16,039,061 shares of the housing finance to Copthall Mauritius Investments.

Total income stood at Rs.1,592.54 crore, up 17.58 per cent, during the quarter under review.

LIC Housing Finance Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 06, 2011 to July 20, 2011  (both days inclusive) for the purpose of Payment of Dividend & 22nd Annual General Meeting (AGM) of the Company to be held on July 20, 2011.

LIC Housing Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2011, inter alia, has recommended a dividend of Rs. 3.50 per equity share of  Rs. 2/- each (175%) subject to approval of the members of the Company at the forthcoming Annual General Meeting.

LIC Housing Finance Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on January 19, 2011, to consider Unaudited Financial results for the Third Quarter ended December 31, 2010 (Q3).

LIC Housing Finance Ltd has informed BSE that the members of the Company have passed the resolutions, by way of Postal Ballot.

LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase in lending rates following the Reserve Bank of India's recent decision to hike policy repo rate.

Sumeet Bagadia, associate director at Choice Broking, says that as long as Nifty holds 9,000 levels, the trend remains higher and the index could move to 9200-9400 levels.

LIC Housing Finance Ltd (LIC HFL) will acquire 19.3 per cent shares of LIC Nomura Mutual Fund Asset Management Company for Rs 27 crore.

The Reserve Bank of India (RBI) has tightened rules for so-called "shadow banks", raising minimum capital requirements and restricting deposits with a set of changes that it hopes will protect consumers and the market without stifling growth.

Prime Minister Narendra Modi's new government on Thursday unveiled its maiden Budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how it would cap the big fiscal deficit.

The Reserve Bank of India has sought the Election Commission's approval to announce new bank licenses ahead of the polls due to conclude by May and media reports had said the commission could meet on Monday.

India Infoline Housing Finance Ltd, the housing finance subsidiary of India Infoline, reported on Monday that it has appointed S Sridhar, former chairman of National Housing Bank and Central Bank of India, as non-executive chairman of the company.

The Athashri retirement community offers the over-55 crowd Western-style amenities such as a clubhouse, gym, library and pool but with a distinctly Indian twist: a temple on site where residents worship Ganesh, a god followed by many Hindus in Maharashtra.

Retirement fund body Employees' Provident Fund Organisation (EPFO) is planning to relax investment norms so that a part of its corpus can be invested in bonds of private sector companies to ensure better returns for its over 50 million subscribers.

Foreign investor CLSA (Mauritius Ltd), one of the shareholders of LIC Housing Finance, offloaded 16,039,061 shares of the housing finance to Copthall Mauritius Investments.

Total income stood at Rs.1,592.54 crore, up 17.58 per cent, during the quarter under review.

LIC Housing Finance Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 06, 2011 to July 20, 2011  (both days inclusive) for the purpose of Payment of Dividend & 22nd Annual General Meeting (AGM) of the Company to be held on July 20, 2011.

LIC Housing Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2011, inter alia, has recommended a dividend of Rs. 3.50 per equity share of  Rs. 2/- each (175%) subject to approval of the members of the Company at the forthcoming Annual General Meeting.

LIC Housing Finance Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on January 19, 2011, to consider Unaudited Financial results for the Third Quarter ended December 31, 2010 (Q3).

LIC Housing Finance Ltd has informed BSE that the members of the Company have passed the resolutions, by way of Postal Ballot.