JM Financial finalises investment of Rs 40 cr in Modish TractoraurkisanJM Financial Private Equity has finalised an investment of Rs 40 crore in Modish Tractoraurkisan Pvt Ltd, a farm equipment company. The com...
19 Jun, 2024, 02.19 PM IST
Hero Fin could raise over Rs 5,000 crore in IPO, largest by an NBFCThe share sale could be worth ₹5,300 crore to ₹5,500 crore, making it the largest ever public issue by a non-banking financial company (NBF...
31 May, 2024, 11.28 AM IST
Sebi seeks report on action taken by rating firms against IIFL Fin & JM FinSEBI seeks explanation from rating agencies, Icra Ratings and Care Ratings, for their inaction following RBI's curbs on IIFL Finance and JM...
13 Mar, 2024, 12.23 AM IST
Sebi bars JM Fin from managing fresh debt public issuesShares of JM Financial, with a market value of about Rs 8,400 crore, have lost more than 10% since the first set of curbs was announced.
08 Mar, 2024, 03.42 PM IST
High yields draw HNIs to long-dated GSecsBonds yielding more than 6.5% are now sought after as yields from short-term notes have collapsed to 3-3.5%.
17 Dec, 2020, 07.16 AM IST
Corporate bond sales surge on RBI’s liquidity pushThe central bank has been aggressively raising liquidity levels in the system.
08 May, 2020, 07.37 AM IST
Canara Bank calls off Can Fin Homes stake saleIn June, Canara Bank had received board approval to sell part or entire 29.99 per cent stake in the subsidiary.
14 Jan, 2020, 04.59 PM IST
JM Financial set to raise Rs 1,250 crore via retail bondsThe company, which lends to real estate builders, will offer rates in the range of 9.67% and 10.25% across maturities.
13 Nov, 2018, 10.30 PM IST
Hotel Leela okays transfer of majority stake to JM Financial ARCLeela’s board approved increasing the authorised share capital of the company from Rs 260 crore to Rs 460 crore.
12 Jun, 2018, 09.47 AM IST
Canara Bank calls off divestment plan in Can Fin HomesPSU lender said the quotes it received were not in tune with the valuations it was seeking.
31 Mar, 2018, 03.52 PM IST
JM Fin Asset raises stake in Hotel Leelaventure to 48.8%As part of debt restructuring, JM Financial Asset Reconstruction Co Ltd (JMFARC) had issued a notice for conversion of debt into equity to ...
26 May, 2017, 10.15 PM IST
- RBI rule on equity sales won’t apply to insurers: IRDA
Promoters of insurance companies, who have cut deals with their foreign partners to sell equity at fixed price, will now be able to stick t...
18 Jun, 2010, 01.58 AM IST
- JM Fin, RMB ink MoU to provide M&A advisory services
JM Fin and RMB today inked a MoU for strategic co-operation in the field of M&A advisory services to Indian and African corporates.
03 Jun, 2010, 03.50 PM IST
- Bajaj FinServ investors may gain from new pricing norms
Bajaj FinServ has held out hopes of a windfall for shareholders if revised RBI guidelines require German insurer Allianz to pay market pric...
06 May, 2010, 04.00 AM IST
- IOB to buy 10% in JM Fin's ARC
Indian Overseas Bank (IOB) will pick up about 10% stake for Rs 21 crore in the asset reconstruction company (ARC) to be promoted by JM Fina...
23 Feb, 2008, 05.49 AM IST
- Jacob Cap, JM Fin eye 10% in Sayaji Hotels
Jacob Ballas Capital India and JM Financial Equity Fund are in talks to pick up stakes in Indore-based 3-star hotel and restaurant chain - ...
05 Dec, 2007, 12.44 AM IST
- JM Fin bets on PE, realty funds
JM Financial expects private equity (PE) and real estate to spur its growth, while the vital commodities business is expected to grow only ...
17 Oct, 2006, 03.10 AM IST