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May 17, 2021
By Ry Crozier on May 17, 2021 3:22PM Customers left waiting for connections. NBN Co has delayed the restart of new hybrid-fibre coaxial (HFC) orders, this time due to problems with a backend system used to assign new connection and assurance jobs to contractors. The company initiated a pause on new HFC orders at the start of February due to the global chip shortage, which left the company without an adequate supply of network termination devices (NTDs) ...
May 16, 2021
Bongkarn Thanyakij Housing finance company Aptus Value Housing Finance Limited (AVHFIL) filed its papers with the market regulator SEBI to raise around Rs 2,600 - 3,000 crore. The fund raised through the initial public offering (IPO) will be used to increase the companyâs capital base and to meet future growth requirements. The fund raise comprises a fresh issue of equity shares aggregating to 500 crore and an offer for sale of upto 6.45 crore equity shares by promoter and other selling sh...
May 3, 2021
Retail Furniture News: Omnia Leather Announces Relocation at The IHFC Building for June 2021 Market, The domestic leather upholstery manufacturer has moved from D1141 to the Commerce Wing in space C1003.
April 22, 2021
Explore Now NEW DELHI: Shares of Indiabulls Housing climbed 9 per cent in an otherwise weak trading session on Thursday after the housing finance company (HFC) entered into a strategic co-lending partnership with HDFC to offer housing loans to homebuyers at competitive rates. HDFC is the market leader in the housing finance industry with assets under management of Rs 5,52,167 crore. As per the agreement, Indiabulls Housing will originate retail home loans as per jointly drawn up credit policy a...
March 15, 2021
2:55 IRHA, the Interior Regional Housing Authority is helping folks with another chance to apply for rental assistance, and the deadline is Monday (March 15.) IRHA is one of Alaska’s tribally-designated housing entities. Normally, they are helping renters and homeowners through NAHASDA, the Native American Housing Assistance and Self Determination Act. But applications for this program are pandemic-related and a little more open - Programs Officer, Annie Silas, says it is not only for triba...
March 4, 2021
By Ry Crozier on Mar 5, 2021 6:50AM With a similar tiering construct to HFC. NBN Co expects to start consulting with industry this month on the extension of its highest speed tiers, including up to gigabit, to part of its fibre-to-the-curb (FTTC) network. An update to the company’s product roadmap reveals plans for a “consultation of home superfast and home ultrafast tiers for FTTC by use of G.fast”, spanning March and April this year. NBN Co said...
February 26, 2021
By Justin Hendry on Feb 26, 2021 3:43PM After securing NTD supply amid global chip shortage. NBN Co is expected to resume taking orders for new hybrid fibre coaxial (HFC) services from late May at the earliest after securing a fresh supply of network termination devices. The network builder paused HFC sales earlier this month due to the global shortage of chips, warning that it could be several months until they could resume. Chips are used in the netwo...
February 26, 2021
Makes new agreement with chipset supplier amid global shortage.
February 24, 2021
Read more about Bond market supply likely to double to Rs 70 trillion by 2025: CRISIL on Business Standard. This growth will have three drivers: investments, primarily for infrastructure; NBFCs and HFCs
February 22, 2021
Muthoot Homefin aims to disburse ₹700 crore of home loans in FY22 February 22, 2021 Will focus on expanding our housing finance operations in Southern States: MD George Alexander Muthoot Muthoot Homefin (India) Ltd, a wholly owned subsidiary of Muthoot Finance, is aiming to disburse ₹700 crore of home loans in FY2021-22. “We are steadfastly progressing on taking the ‘Housing for All’ initiative of the government to the farthest Tier II and III locations in the country in order to su...