By Dilip Parmar In the week gone, the Indian rupee recovered after registering four weeks of fall, as high-frequency data pointed to better growth prospectus. The foreign fund inflows, lower crude oil prices and the central bank’s intervention supported the local unit to outpace the regional currencies. Spot USDINR fell one-tenth of a percentage to close […]
HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed as Reloy) to up to 9.6 per cent from 7.2 per cent currently, amid surge in adoption of technologies in Indian real estate market. According to a regulatory filing on Wednesday, HDFC Capital Advisors will acquire 1.67 lakh compulsory convertible […]