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

Unicorn startup founders, including Varun Alagh of Mamaearth, Aayush Phumbhra of Chegg, and Srinivas Anumolu, as well as existing investors...

Magma HDI had in March announced a deal worth Rs 525 crore, including a primary capital raise of Rs 250 crore, involving funds managed by I...

The Adar Poonawala-controlled Rising Sun Holdings, the financial services arm of the group had completed the acquisition of the city-based ...

Kuwait Investment Authority bought 1.79 million shares of Magma Fincorp at Rs 111 apiece through a bulk deal on the BSE.

Magma Fincorp plans to raise up to Rs 500 crore by offering coupon at 10.25% to 10.75% for various tenors per annum.

Banks have tightened their lending to NBFCs and investors have become wary on investing in NBFCs.

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.

Magma HDI General Insurance offers a wide range of products from health to travel to motor insurance.

The company will issue 4.63 crore equity shares at a price of Rs 108 per share (face value of Rs 2 and a premium of Rs 106).

Magma Fincorp Ltd is a 'BUY' call with a target of Rs 142 and a stop loss of Rs 125.

Magma Fincorp's performance in the quarter ended December was better than expected driven by robust growth, healthy margins and stable asse...

For bank facilities, the rating has been upgraded to AA + from AA, that for subordinated debt has also been upgraded AA from AA -.

Auto financing NBFC Magma Fincorp posted a marginal fall in net profit by 6% in the June quarter. The management's strategy to reduce its d...

Germany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...