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housing finance: Regulatory tightening over? Time to revisit. 5 housing finance stocks with upside potential of up to 39%

To some the news of the possible changes in project finance by banks and other sectoral lenders might appear to have come out of the blue. But the fact is that RBI has been in a process of tightening and cleaning up the system of every segment and subsegment of banking and financial services for more than the last one and a half years. Infact the first set of companies where the tightening of the norms was implemented were housing finance companies. Right from raising capital to disbursement norms, everything was tightened. Whenever there is tightening of norms, stocks from that sector tend to correct. Same has been the case with housing finance companies, they have underperformed in the last one year of bull run. But as the companies adjust to new norms, there will be some players who probably would make a comeback faster. Given the fact that despite all the problems which the sector has faced, it has still grown on an overall basis and there is no reason to believe that this will not happen in future.

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Receivers say Queenstown Views Villas, Carlin Hotel owe millions

The late Queenstown developer and music composer Kevin Carlin’s companies owe millions of dollars. Carlin, a prominent property developer and owner of a...

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Gland Pharma gets USFDA nod for generic Edaravone injection

The approval by the US Food and Drug Administration (USFDA) is for Edaravone injection of strengths 30 mg/100 ml and 60 mg/100 ml single-dose bags, Gland Pharma said in a regulatory filing.

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Russian medical firms rushing to invest in Kenya – envoy

Ambassador says they are reputed for manufacturing highly affordable medical equipment

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Why hiring functional heads needs special attention in today's age

Functional unit leaders require diverse skills like agility, credibility, emotional intelligence, and problem-solving abilities. Companies seek individuals with global leadership experience, focusing on succession planning and market positioning for external hires.

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5 high-quality stocks backed by analysts with up to 38% one-year upside potential

The stocks that saw an improvement in experts’ perspectives can prove valuable investment bets.

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HK's SFC starts insider dealing prosecution against Segantii Capital Management

The proceedings against the Hong Kong-based hedge fund, its chief investment officer and a former trader, relate to the dealing of shares listed on the HKEX prior to a block trade in June 2017.

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ABC News President Kim Godwin Steps Down Amid Hostile Environment

Kim Godwin, the first Black woman to lead a major broadcast news division, has resigned as ABC News President after three years in the role.

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HCLTech partners with AWS To drive GenAI adoption

The companies will work together to implement AWS GenAI (generative AI) services such as Amazon Bedrock, Amazon CodeWhisperer, Amazon SageMaker and Amazon Titan for enterprises across multiple industries, according to a company statement.

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From A Hemp Startup To Living The Drone Dream: Ross Hoffman's Sky-High Mission

Ross' drone journey began at an industrial hemp startup, where he would track the growth process while flying a drone above the fields.

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