About 20 million shares of Housing Development Finance Corp (HDFC), India's top mortgage lender, changed hands in block deals on Wednesday, sending the share price down more than 2%.

Five years after its investment, private equity major Carlyle Group may exit a quarter of investment in mortgage lender HDFC Ltd.

Core business performance healthy, but high valuations limit near-term upside.

Housing Development Finance Corporation (HDFC) has reported a 10 per cent growth in net profit for the quarter ended December 31, to Rs 981 crore as compared to Rs 891 crore recorded during the same period of the previous year.

Bullish bets on Housing Development Finance Corp’s futures are at a record high, on optimism that the country’s largest mortgage lender would withstand a slowdown better than other financial companies.

Deepak Parekh, the respected head of Housing Development Finance Corporation, who has been vocal about the ill-effects of drift in country’s leadership talks about the issue and what needs to be done with Karan Thapar on television channel

Discussions on with GIC, Temasek, ADIA, Kuwait Investment Authority.

A fund managed by HDFC will invest about Rs 200 crore ($41 million) in one of the projects of New Delhi-based real estate developer ATS Infrastructure, two sources with direct knowledge of the matter said.

The weak global cues cast their dark shadow on the proceedings back home and even the belated attempt at pulling the indices from the morass proved to be too little too late.

The markets continue to be under pressure, albeit off the lows of the day, as the nervousness on the global front has shown no signs of abating.

The markets have slid deeper into the red in the past one hour due to disconcerting cues from the Asian front. The Sensex is trading near the day's lows of 16,762, weaker by 320 points and the Nifty is at 5,039, down 97 points.

National Housing Bank (NHB) has asked the housing finance companies (HFCs) not to levy penalty on pre-closure of floating rate home loans even if the pre-payment is made through funds borrowed from other banks and finance companies.

HDFC vice-chairman and chief executive officer Keki Mistry discusses second-quarter earnings with Manojit Saha and says the Reserve Bank of India may increase interest rates for the last time before it takes a pause.

The operating income rose by 40 per cent to Rs 4,077 crore.

The home loan major has shown resilience even in troubled times.

Mortgage lender HDFC Ltd posted a 20% rise in net profit for the quarter-ended September led by higher income from operations and profit on sale of investments.

The markets are subdued this afternoon, albeit with a negative bias, post the strong gains registered last week.

The fixed-cum-floating rate scheme will have tenure of three and five years.

HDFC Property Fund, sponsored by the country's largest mortgage lender HDFC, will exit two of its investments soon, which will fetch the fund Rs 630 crore, said a senior executive.

HDFC entered the remote Himalayan district of Ladakh by opening its first bank branch in Leh town of Jammu and Kashmir on Thursday, a company official said.