Poonawalla Fincorp plans to launch co-branded credit cards this quarter after receiving approval from the RBI. The credit cards will comple...

Abhay Bhutada, MD of Poonawalla Fincorp, discusses the company's growth strategy and outlook. He highlights the consistent performance in d...

A preliminary examination by Sebi revealed that Magma had made an announcement on February 10, 2021 on stock exchanges regarding the acquis...

On the basis of these alerts, Sebi conducted a probe and issued an ex-parte order on September 15, 2021 wherein 8 entities, including Bhuta...

Sebi conducted a detailed investigation in the matter to ascertain the violations of securities laws, if any. Pursuant to the investigation...

"Consequently, he has stepped down as the CEO of the Company and ceases to be a Key Managerial Personnel of the Company from the close of b...

KPMG India has terminated the services of Saumil Shah, one of its partners. The consulting firm took this step after Shah was named in an i...

Days after managing director Abhay Bhutada quit following the Sebi action on insider trading in erstwhile Magma Fincorp shares, advisory an...

India's capital-markets regulator has barred Abhijit Pawar, nephew of Nationalist Congress Party chief Sharad Pawar, from dealing in securi...

Earlier, Sebi barred Bhutada and seven other entities from the securities market for insider trading. The regulator also ordered impounding...

Abhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him...

Bhutada will step down with immediate effect after the company's board accepted his Bhutada’s resignation, the company said in a statement ...

The regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.

SEBI’s investigation found that Bhutada had shared information about Adar Poonawalla’s proposed takeover of Magma Fincorp in his capacity a...

Last month, Care upgraded Poonawalla Fincorp's rating by two notches to AA+ largely on account of improvement in the company's capital base...

The one-year-old Poonawalla Finance has already disbursed Rs 1,500-crore personal loans in the range of Rs 2 lakh to Rs 30 lakh at rates th...

In an interaction with ET Now, Vishnukant Bhutada, Managing Director, Shilpa Medicare, analyses the company’s earnings figures & product ch...