MUMBAI: Aadhar Housing Finance, an Indian home loan firm owned by Blackstone, is aiming for a $600 initial public offering (IPO) valued between $500 million and $3 billion, according to two individuals with firsthand knowledge on Tuesday. Aadhar was purchased by private equity firm Blackstone in 2019 for roughly $300 million as a result of […]
Sources: Aadhar Housing Finance aims for an India IPO of $600 million.more
PUNE: To recoup debt totaling Rs. 16 crore, the civic authority will auction off the properties of tax defaulters on February 5. Of the 200 properties the administration has designated for recovery, 32 will be auctioned on February 5. “All the property owners who are in arrears have received notifications from the administration. They were […]
On February 5, the Pune local council will auction off the properties of tax defaulters.more
CHENNAI: Following the RBI’s cancellation of the Housing Finance Company’s certificate of registration (CoR), the public sector Indian Bank would wind up its subsidiary Ind Bank Housing Ltd (HFC). Reporters in Chennai were informed on Thursday by Indian Bank MD & CEO SL Jain that Ind Bank Housing has not operated for the last 20 […]
After the RBI eliminates the CoR, Indian Bank will close down Ind Bank Housing.more
