Explore Now
Nifty futures on the Singapore Exchange traded 82 points, or 0.57 per cent, higher at 14,320 in signs that Dalal Street was headed for a negative start on Friday. Here are a few stocks which may buzz the most in today s trade:
HCL Tech,
Indiabulls Real Estate: HCL Tech, M&M Financial, Indiabulls Real Estate, Shiva Cement, GNA Axles and Oriental Hotels are some of the companies which will announce their March quarter results today.
Reliance Industries: RIL, through an international arm, is finalising the acquisition of Stoke Park, Britain’s first County Club, from the International Group (IG), owned by the King family, a second-generation UK family business, for around 60 million pounds (Rs 600 cr), they add.
HDFC concludes stake sale in Good Host Spaces
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Indices decline after choppy trade; Nifty ends below 14,350
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
The company expects to complete the stake sale in four months for a cash consideration of ₹232.81 crore
Housing Development Finance Corporation (HDFC) said it plans to sell 24.48 per cent stake in Good Host Spaces Pvt. Ltd for a cash consideration of ₹232.81 crore.
In a regulatory filing, HDFC said it has entered into a share purchase agreement for sale of 47,75,241 equity shares of ₹1 each, representing 24.48 per cent of the issued and paid-up share capital of Good Host.
The Corporation expects to complete the sale of its take in Good Host, which provides hostel services, guest house services, service apartments and leasing of property for hostel services, in four months.
Updated Jan 21, 2021 | 13:12 IST
Good Host, which is engaged in providing hostel services, guest house services, service apartments and leasing of property for hostel services, had reported a turnover of Rs 112.6 crore in fiscal 2019-20. Representational image
Mumbai: Non-banking finance company Housing Development Finance Corporation (HDFC) has signed a pact to sell its 24.48 per cent stake in Good Host Spaces, a company engaged in the business of managing student housing facilities, for nearly Rs 233 crore.
HDFC said the aggregate sale consideration for the sale shares is Rs 232.81 crore which is subject to various customary adjustments as agreed between the parties, and the final sale consideration will be calculated accordingly.