US Housing Prices Stable in Second Quarter

HDFC Closes First International Realty Fund At $800 Mn

HDFC BankMumbai: The Housing Lender HDFC today announced closure of its first sponsored HDFC International Real Estate Fund (HIREF) at $800 million, which would be invested in FDI-compliant Indian real estate plans.

According to a company release, the fund makes HDFC the biggest player in the realty private equity space in India.

One of the prime international realty pools, the nine-year close-ended fund, which was open only to foreign investors had been privately placed and subscribed by 28 investors.

Bihar CM Promises Govt Jobs To Medal-Winning Players

Bihar Chief Minister, Nitish KumarPatna: Bihar Chief Minister, Nitish Kumar has assured government jobs for players winning medals while symbolizing the state at national and international events.

Sun TV Subsidiary acquires 48.9% stake in Red FM

RED FMSun TV arm, South Asia FM (SAFL) has signed up a strategic partnership agreement with Red FM.

Sensex Gains Over 200 Pts In Early Trade

Stock MarketMumbai: The benchmark Sensex climbed up after gaining more than 200 points on the BSE in early trade on growth of funds buying, actuated by tautening worldwide trend.

In first five minutes of trading, the BSE-share index rise dramatically by 207.77 points at 15, 200.81 on brisk buying by funds in blue chip shares.

Likewise, the wide-base National Stock Exchange’s Nifty also gained 51.05 points to touch 4410.35.

TRAI Suggests Changes in Licensing Program

Telecom Regulatory Authority of IndiaNew Delhi: Telecom Regulatory Authority of India (TRAI) has made a few suggestions in its recommendations on licensing program reforms released.

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News in Focus

TopNews would like to clarify that our report ‘ Dream11 is a Game of Skill: Rajasthan High Court, incorrectly stated that the petition was filed by Abhishek Jain, partner at EY.

Tesla collecting large amounts of data from vehicles owners while testing Full Self-Driving beta update

Electric vehicle major Tesla Motors has long been garnering praise for providing state-of-the-art connectivity in its vehicles.

Tesla Motors reportedly looking to add twice-powerful “4D” radar to EVs to boost self-driving effort

Tesla Motors, electric vehicle & clean energy major based in Palo Alto, California, is reportedly planning to add new “4D” radar with twice the range of its current radar to its vehicles to boo

BUY Aurobindo Pharma with target Rs 985: Motilal Oswal

Research house and brokerage Motilal Oswal has suggested BUY Call for pharmaceutical major Aurobindo Pharma with a target price of Rs 985.

Yes Bank CEO Prashant Kumar Confident about Future Performance

Yes Bank CEO Prashant Kumar has shared his optimism about the future of the troubled private sector lender.

Sudarshan Sukhani: BUY HDFC Life; SELL ITC, Sun TV and United Breweries

Technical analyst Sudarshan Sukhani has suggested one BUY Call and three SELL Calls for today’s trading session.