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CHOLAMANDALAM CHAIRMAN
Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada VaidyaPrivate sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, bo...- RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
- Cholamandalam Investment rejects report on Vellayan Subbiah exit, says claims 'baseless'Cholamandalam Investment has strongly denied a media report about its executive chairman Vellayan Subbiah exiting the firm. The company sta...
- Murugappa Group 3-way split talks are back on trackMurugappa Group's promoters are actively working towards a new family settlement. The goal is to resolve disagreements and facilitate a thr...
- Murugappa group's Coromandel International buys controlling stake in Nagarjuna AgrichemCoromandel International has acquired a controlling 53% stake in Nagarjuna Agrichem for ₹820 crore. The deal, which includes an open offer ...
- Nithin Kamath of Zerodha named EY Entrepreneur Of The Year 2024Nithin Kamath, CEO of Zerodha, won the EY Entrepreneur Of The Year 2024 and will compete in the global awards. Other notable winners includ...
- Murugappa plan to split Group into 3 hits a bumpThe turbocharged value appreciation of a handful of group companies relative to others has led to serious differences among at least two of...
- Vellayan Subbiah, chairman of Cholamandalam Investment & Finance Co, wins EY World Entrepreneur of the Year awardVellayan Subbiah, executive vice-chairman of Tube Investments of India and chairman of Cholamandalam Investment & Finance Co, has won the E...
- Murugappa Group Chairman steps down from two group companiesThe company said Murugappan had stepped down upon reaching 65 years of age and added that he "wished to pursue philanthropy and other inter...
- Murugappa Group to invest Rs 2000 crore in capital expenditure over the next two fiscalsThe capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasiv...
- Murugappa Group appoints MM Murugappan as executive chairmanMurugappan is on the board of several companies outside the Murugappa Group including Mahindra & Mahindra and Cyient Ltd as also on the boa...
- Macquarie maintains outperform rating on Cholamandalam InvestmentThe company on Wednesday said that Vellayan Subbiah, who has been heading the firm since 2010, will step down as managing director when his...
- Board approves sale of Chola MS stake for Rs 883 croreBoard of Murugappa Group company Tube Investments has approved sale of 14 per cent stake in Cholamandalam MS General Insurance for Rs 882.6...
- Cholamandalam MS Risk inks pact with ARCADISCholamandalam MS Risk Services Ltd is a 50:50 joint venture between diversified business conglomerate Murugappa Group and Japan-based Mitui...
- Cholamandalam plans to foray into affordable housing financeCholamandalam Investment, a part of $4.4 bn Murugappa Group company, has plans to foray into the affordable housing finance a, a top offici...
- Tulip Telecom promoter pledges 23 lakh sharesTelecom firm Tulip Telecom's CMD H S Bedi has pledged 23 lakh equity shares to three different finance cos over a period of two days.
- Chola Investment sells a part of pledged MIC sharesCholamandalam Investment and Finance has sold a portion of MIC Electronics shares pledged with it. It has done so in the open market throug...
- Cholamandalam sells portion of MIC Electronics pledged sharesCholamandalam Investment and Finance Company Limited has sold a portion of MIC Electronics Limited shares pledged with it.
- Aptus Value Housing targets low income affordable HFC segmentAptus Value Housing Finance India plans to focus on low income and affordable housing finance segment in the suburbs near metros besides ur...
- Alagappan to take over as Murugappa board chairmanA senior family member of the $1.6-bn Murugappa group is set to regain the chairman’s post of Murugappa corporate board after a gap of five...
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