MFs start dumping pledged ZEE shares as payment date nearsAn Essel Group spokesperson confirmed the sale of ZEE shares by some of the lenders.
24 Sep, 2019, 08.01 AM IST
Essel Group repays half the debt to MFs & NBFCsNearly ₹3,700 crore has been transferred to mutual funds and NBFCs on Friday.
07 Sep, 2019, 09.50 AM IST
Singapore based First Degree to buy Essel para banksThe asset manager is likely to buy 100 percent equity in Essel Finance Business Loans Ltd and Essel Finance Home Loans Ltd. The deals are l...
17 Jul, 2019, 10.46 PM IST
Debt mutual funds with Zee exposure send investors into a tizzyThis is the first time investors in FMPs are not getting repaid in full on maturity.
12 Apr, 2019, 09.55 AM IST
Essel Group puts its MF business on the blockAt the group level, Essel has total debt of Rs 17,174 crore and out of this, Rs 11,466 crore is the infra-related debt.
13 Mar, 2019, 11.04 AM IST
Essel MF eyes Rs 10K crore in assets by next MarchThe latest entrant in the mutual fund market, Essel MF currently has an asset base of nearly Rs 1,600 crore.
09 Apr, 2018, 10.23 AM IST
Essel Finance launches MF business, aims Rs 1 lakh crore AUM in 7-8 yearsEssel Finance forayed into mutual fund business and expects to have an asset base of Rs 1 lakh crore in the next 7-8 years.
04 Nov, 2017, 10.57 AM IST
Essel Finance acquires Bimadirect operator for Rs 25-30 croreThe transaction is being carried out in two tranches: it comprises an upfront payment of 75% of deal value and the rest in milestone paymen...
04 Sep, 2017, 01.09 AM IST
Essel Finance's NBFC arm to buy Intec's Rs 272 crore portfolioIntec Capital is currently engaged in the business of providing loans for acquisition of machinery, loans against collateral and loans for ...
18 Jul, 2017, 04.53 PM IST
Essel Finance acquires Peerless Mutual Fund"The acquisition is part of our strategy to become a financial services conglomerate,” said Amitabh Chaturvedi, Managing Director of Essel ...
10 Nov, 2016, 03.04 PM IST
Goldman Sachs' fund to invest $250 million in Essel HighwaysEssel Highways has 14 roads with 10 operational assets providing significant cash inflows. The company has an order book of close to Rs 11,...
21 Jun, 2016, 01.34 AM IST
Essel Finance in talks to buy BSS MicrofinanceBSS Microfinance, founded by Bengaluru born gastroenterologist Ramesh Bellamkonda, is a non-deposit taking non-banking financial company.
17 Feb, 2016, 04.25 AM IST
Essel Finance seeks licence to enter housing finance businessEssel Finance is looking to enter the housing finance business. It has applied to the National Housing Bank (NHB) for a licence.
30 Oct, 2015, 04.35 AM IST
Essel Finance to buy majority stake in VKC Credit & ForexThe finance company, which is less than a year old, has an investment banking vertical, private equity fund and provides finance to small a...
10 Dec, 2014, 04.28 AM IST
Essel Finance to pick stake in financial product retail firmInsurance products that would be sold by Essel Finance include home, personal accident, health, two-wheelers & others depending on the targ...
06 Oct, 2014, 08.47 PM IST
Essel Group launches Rs 500-crore real estate private equity fundThe fund, India Asset Growth Fund series I, has been launched under Essel Finance Managers, the group's private equity business.
16 Apr, 2013, 04.44 AM IST
- Essel says not buying more IVRCL shares
Essel also implied that IVRCL's promoters led by Reddy were initially keen to sell their stake but at a price that was not acceptable to it.
17 Apr, 2012, 01.16 AM IST