The Left front will secure over 100 seats in the Assembly polls, according to CPI(M) Polit Bureau member Kodiyeri Balakrishnan, who stepped down as State secretary of the party on health grounds a few
Kerala Chief Minister Pinarayi Vijayan. (File Photo: IANS) | IANS
West Bengal may have commanded most of the attention and headlines with its eight-phase elections that come with national implications. But Kerala, which votes in just one phase on April 6, is set for assembly polls that could be momentous in its own way, without fitting into a simple Bharatiya Janata Party vs everyone else pan-India narrative.
The southern state has seen power alternate between two fronts every five years for the last four decades. Almost like clockwork, and seemingly irrespective of how successful each government was, voters threw out the incumbents and brought in the Opposition in every electoral cycle since 1983.
April 05, 2021
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Housing Development Finance Corporation Ltd (HDFC) has acquired 9.9 per cent stake in Kerala Infrastructure Fund Management Ltd.
“.the Corporation has today invested in 3,88,303 equity shares of Rs 10 each of Kerala Infrastructure Fund Management Limited representing 9.9 per cent of its share capital issued on a private placement basis,” HDFC said in a regulatory filing on Monday.
The cost of acquisition is at par, that is at a face value of Rs 10 per share.
The indicative period for the completion of the acquisition is one month, it further said, adding that the transaction was through cash consideration.
Set up in November 2018, Kerala Infrastructure Fund Management Ltd was promoted by the Kerala Infrastructure Investment Fund Board (KIIFB) to manage Kerala Infrastructure Fund. It acts as an asset management company.
Read more about HDFC to acquire 10% stake in Kerala-based asset management firm on Business Standard. Mortgage lender HDFC Ltd on Monday said it will acquire 9.90 per cent stake in Kerala-based infrastructure fund management company KIFML.