Shareholders approved the company's plan to issue preference equity shares to Adar Poonawalla-controlled Rising Sun Holdings and two member...

Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers, a...

Magma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...

The deal which involves the preferential allotment of shares worth Rs 3,206 crore, would give RSHPL a controlling stake in the non-banking ...

An extraordinary general meeting (EOGM) of the members of Magma Fincorp will be held on Tuesday, March 9, 2021.

The preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the comp...

Vedanta Resources on Saturday said that it has failed to garner the required number of shares to delist Indian subsidiary Vedanta.

A total of 811,446 shares changed hands on the counter till 10:43AM (IST).

Sequentially, there was a net profit of Rs 22.39 crore during the December quarter of FY20.

KKR Mauritius Direct Investments and Zend Mauritius and sold a large chunk of around 10 per cent during QIP this year.

KKR, which was the largest shareholder in Magma with 16% interest, sold 10% to local MFs.

The board also approved raising of up to Rs 750 crore through issue of securities in one or more tranches.

As of quarter ended September 2013, FIIs had 21.32 per cent shareholding in Tata Chemicals, as per data available on the BSE.

“NBFCs with a balance-sheet size of Rs 20,000 crore would be aspiring to become banks,” said Ashwin Parekh.

The non-banking finance co signed definitive agreements to acquire GE Money Housing Finance and the entire home equity loan portfolios of G...

Magma Fincorp has decided to raise up to Rs 400 crore of fresh resources from the market to meet its long-term working capital requirements.