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Godrej Industries acquire further 4 04% stake in Godrej Capital; pays Rs685 crore

Pyxis Holdings acquires majority stake in group firms Godrej Housing Finance, Ensemble Holdings

Pyxis Holdings acquires majority stake in group firms Godrej Housing Finance, Ensemble Holdings
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An 80-point gap-up opening seen for Nifty - The Hindu BusinessLine

February 15, 2021 Positive consumer price index data, index of industrial production will boost market sentiment: Analysts Nifty50 index is likely to open with a gap of 80 points gains on Monday, as trends emerge on SGX Nifty. The SGX Nifty is ruling at 15,240 against Nifty50 February futures’ Friday close of 15,161. Positive consumer price index data and index of industrial production will also boost market sentiment, said analysts. The IIP is also giving broad indications of a rebound in economic activity with the reading for December 20 at 1 per cent against negative 2.10 per cent for November 20. What is significant is the pick-up in both consumer durables and non-durables as also infra goods.

Godrej Industries Limited to diversify into financial services business

Godrej Industries Limited to diversify into financial services business Posted On: 2021-02-12 22:37:45 (Time Zone: Arizona, USA) Godrej Industries Limited is looking at expanding and diversifying its business activities. It believes that there is a strong potential for housing finance business and non-banking finance business in our country. Godrej Housing Finance Limited ( GHFL ), a company owned by the Godrej Family through Anamudi Real Estates LLP ( Anamudi ), has recently obtained a license to operate as a Housing Finance Company. To pursue the opportunity in housing finance business, the Board of Directors of the Company has approved the proposal of acquiring shares of GHFL from Anamudi, subject to the approval of the Reserve Bank of India.

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