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Most housing finance companies find that 60-80 per cent of the sanctioned home loans are to borrowers from these cities.

Opher Doron: 'We are looking at a base in India for manufacturing'

Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 240.26 points or 0.47% at 50,892.16. The Nifty 50 index was up 72.75 points or 0.48% at 15,270.45. The moderation in daily new COVID-19 cases in India improved risk sentiments. Upbeat Asian stocks also boosted sentiment. The S&P BSE Mid-Cap index was up 0.66%. The S&P BSE Small-Cap index was up 0.78%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1755 shares rose and 511 shares fell. A total of 93 share...

On a consolidated basis, Grasim Industries' net profit jumped 14% to Rs 1,715 crore on 26% increase in revenue from operations to Rs 24,398.92 crore in Q4 March 2021 over Q4 March 2020. Bank of India said that the bank has decided to exercise call option on Bank of India Tier II Bonds Series XIII and declare 6 June as Record Date for this purpose. The bonds were issued on 7 July 2016 and carry a coupon rate of 8.57% pa, payable annually with call option on 7 July 2021. GMM Pfaudler (GMMP) has announced that it has commenced manufacturing operations at its facility at Vatva near Ahmedabad on M...