Indiabulls Housing Finance in talks with PEs to sell 15-20% stake

[Business-Standard]( Daily Newsletter 15 January 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 49584.16 (91.84) [NIFTY]( 14595.60 (30.75) GOLD (MCX 10 GM) 49185.00 (-120.00) SILVER (MCX 1 KG) 66600.00 (579.00) USD ($) / INR(Rs) 73.26 (-0.15) Front Page [Premium Content][Indiabulls Housing Finance in talks with PEs to sell 15-20% stake]( Investor to become single-largest shareholder; Sameer Gehlaut likely to step down as promoter [Premium Content][Late income-tax returns surge slows direct tax mop-up contraction]( Net collection stands at Rs 6.57 trn, compared with Rs 7.24 trn a year ago [Premium Content][RBI tweaks FEMA regulations, gives wings to recycling of aircraft]( Till now, export of planes in knocked-down condition was not allowed [McConnell holds Donald Trump's fate as impeachment heads to Senate]( McConnell told Republican colleagues in a letter Wednesday he would block starting an impeachment trial before Joe Biden takes office Jan. 20 ... [PM Narendra Modi to launch Covid-19 vaccination drive on January 16]( Separately, sources said Modi is likely to interact via video link with some healthcare workers from across the country who will be receiving ... [Premium Content][Budget 2021: Govt's high debt may not warrant sovereign rating cut]( Experts waiting for a debt management road map in Budget [Premium Content][India's m-cap to GDP ratio crosses 100% for first time in over a decade]( BSE-listed companies' market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 ... [Premium Content][Flipkart to Oyo, top 4 unicorns account for half of combined valuation]( Indian unicorns notch up valuation of $128.9 bn in 2020; several looking at IPOs [Former Star India CEO Uday Shankar, James Murdoch team up for new venture]( Entity to focus on digital media, say industry sources [Premium Content][From Tatas to RIL, India Inc goes into hiring mode as demand picks up]( IT and auto lead the spurt in hiring so far; most of the jobs for junior or entry levels Companies [Premium Content][Strong deal pipeline, auto sector recovery positive for Tata Elxsi]( A 56 per cent stock uptick since December caps upside [Amazon urges Sebi not to issue NOC for $3.4 bn Future-Reliance deal]( The Jeff Bezos-led e-commerce giant has further urged the markets regulator to direct the Indian Stock Exchanges to do the same [UBS fund pursues $400 million stake in SoftBank-backed Paytm: Report]( UBS aims to finalize an agreement as soon as this month [Tata Group puts post-pandemic bet on digital, electronics and health]( Tata has already made public its intent to launch an umbrella app enabling access to all its consumer businesses [» Read More Stories in Companies]( Economy & Policy [Budget: One-time recast to tax sops, slew of measures in realty wish list]( NAREDCO has sought removal of the Rs 2 lakh limit on income tax deduction on housing loan interest. [Bank credit growth rises to 6.6% in fortnight to January 1, shows data]( Bank credit rose by Rs 1.57 trillion in the last fortnight of Q3FY21. [Govt brings forward target of 20% ethanol-blending with gasoline by 2025]( Last year the government had set a target of reaching 10% ethanol-blending by 2022 - meaning 10% of ethanol mixed with 90% of gasoline - and 20% ... [Budget 2021-22 wishlist: Here are the key challenges in health care sector]( Close to 75% of medical devices are imported leading to forex loss [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [Adani Enterp.]( 532.10 -0.89 [Adani Ports]( 536.60 -0.02 BSE TOP GAINERS Company Price (Rs) Change (%) [Suven Pharma]( 502.65 15.66 [Sequent Scien.]( 204.75 10.26 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [S A I L]( 67.25 -9.97 [Bajaj Electrical]( 761.35 -7.04 [TCS market capitalisation touches all-time high of Rs 12 trillion]( Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes ... [Premium Content][Sustained auto sector recovery, margin gains to support Bosch stock]( Higher content share in BS-VI, two-wheeler electric vehicles offer incremental opportunities [Premium Content][HAL stock takes flight on robust order book, indigenisation focus]( The over Rs 47,000 cr light combat aircraft order has boosted growth prospects, while valuation remains reasonable [Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities]( Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March [» Read More Stories in Markets]( Opinion [Premium Content][Old problem, older solution]( State-controlled DFIs will have the same problems as PSBs [Premium Content][Cut the reserve price]( Govt must look beyond revenues in spectrum auctions [Premium Content][Expect banking revival in 2021]( The potential turnaround in banking means the government does not need to act in haste, only to repent at leisure [Premium Content][Old words with new meanings]( One such is "woke", which Britain's political right denounces as a battering ram that will destroy the ramparts of social orthodoxy [» Read More Stories in Opinion]( Finance [NBFCs urge RBI to relax compliance rules as they convert into banks]( Seek leeway on reserve ratio, priority sector and sectoral exposure [Premium Content][Centre, states team up with RBI, Big Tech to fight Chinese lending apps]( Regulated digital lenders support move; Google reviews "hundreds of personal loan apps", removes violators of its user safety policies from Play ... [» Read More Stories in Finance]( Technology [Samsung unveils new flagship Galaxy S early; targets remote workers, gamers]( Samsung is also looking to grab market share after China's Huawei Technologies was hit with U.S. sanctions that restricted its supply and hurt ... [» Read More Stories in Technology]( PF [Premium Content][Purchase annuities in a staggered manner to get a better rate of return]( Buy plans that do not have return of purchase price option, at a later age, to get a better rate of return [Payment, e-commerce apps most sought when buying online insurance: Swiss Re]( However, traditional channels of distribution such as agents, brokers, and insurance aggregators remain primary channels for insurance-related ... [Premium Content][Enter term insurance early, lock in the premium as delay means higher cost]( The average term premium increases exponentially with age [» Read More Stories in PF]( Beyond Business [Premium Content][How India can be great again]( Book review of Making India Great Again: Learning from our History [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. If you can not view this message, please click here | For unsubscribe click here If you do not wish to receive Business Standard e-mails in the future, please [click here](mailto:rm-===Xmxkb===E5===La===Q===Bxa===Xk===Bam===B9a0===Q=@mailmx1.stakemail.com?subject=Unsubscribe&body=Unsubscribe me.) to unsubscribe