Top 3 business stories of Oct 13: HDFC to raise up to Rs 500 crore through rupee-denominated bonds and more

1. HDFC to raise up to Rs 500 crore through rupee-denominated bonds

Indian diversified conglomerate HDFC will look to raise finance for its activities through overseas capital markets. The lending major on Thursday said that will raise up to Rs 500 crore through rupee-denominated bonds from overseas investors.

"Pursuant to the approval of the Board of Directors of the corporation at its meetings held previously, the corporation is contemplating, subject to market conditions,undertaking the fourth issuance of Rupee Denominated Bonds to overseas investors...Issue size will be up to Rs 500 crore," HDFC said in a regulatory filing to stock exchanges.

Also Read: HDFC to raise up to Rs 500 crore through rupee-denominated bonds

2. Mobile phone enthusiasts can rejoice as Google Pixel and Pixel XL can be now ordered from Flipkart

Mobile phone enthusiasts in India will be delighted to know that Flipkart has started taking pre-orders for Google Pixel and Google Pixel XL. The Google Pixel price range in the country begins from Rs. 57,000 and Flipkart is slated to deliver these smartphones by October 25.

The amazing smartphones constitute 8 megapixel front camera with a Sony IMX179 sensor, 12.3-megapixel rear camera with a Sony IMX378 sensor, a f/2.4 aperture and 1.4 micron pixels.

Also Read: Mobile phone enthusiasts can rejoice as Google Pixel and Pixel XL can be now ordered from Flipkart

3. Indian stock markets record massive losses post Federal Reserve's meeting indicative of interest rate hikes

The BSE Sensex ended on Thursday with a loss of 439 points at 27,643. It opened at 28,043, touched an intra-day high of 28,0.43 and low of 27,643. The NSE Nifty closed with a loss of 135 points at 8,573. It opened at 8,672, hit an intra-day high of 8,682 and low of 8,541.

The Indian equity market opened lower amid weak global cues. The Nifty opened 37 points down at 8,672, while the Sensex opened 39 points down at 28,043.Also Read: The BSE Sensex ended on Thursday with a loss of 439 points at 27,643. It opened at 28,043, touched an intra-day high of 28,0.43 and low of 27,643.

Also Read: Indian stock markets record massive losses post Federal Reserve's meeting indicative of interest rate hikes