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PAUL MERCHANTS FINANCE
Gold loan boom: 3,000 new branches to open in India in 12 monthsThe gold loan sector in India is on the verge of a significant boom. With nearly 3,000 new branches focused solely on gold lending slated t...- RBI measures to improve credit flow, strengthen balance sheet of banks: BankersThe Reserve Bank of India unveiled measures to expand credit flow, strengthen bank balance sheets, and enhance ease of doing business, rece...
- Buy, Sell or Hold: Nuvama initiates coverage on Neuland Laboratories; Motilal Oswal maintains buy on L&T FinanceBrokerages remain positive on select mid-cap stocks. Nuvama initiated coverage on Neuland Laboratories with a Buy rating, citing strong pep...
- L&T Finance shares in focus on entry in gold loan business with Rs 537 crore acquisitionL&T Finance will enter the gold loan business following the board's approval to acquire Paul Merchants Finance. The Rs 537 crore slump sale...
- Check Amwill Healthcare IPO share allotment status, listing date and other detailsThe share allotment for Amwill Healthcare will be determined today, with the IPO receiving a subscription of over 5 times. Investors can ch...
- Stocks in news: Bajaj Auto, Nykaa, Grasim, LIC, Cipla, Hitachi Energy, Sun TVBajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a 'sizable opportunity' in a fast-growin...
- US parent of EbixCash files for bankruptcy after $617-million loan defaultThe Chapter 11 filing comes after the software services company for insurance and healthcare sector, founded by Indian origin businessman R...
- Assam man buys over Rs 1 lakh bike with savings in coins"He came to our showroom on Saturday evening. As per his wish, we showed him Apache 160 4V bike. After seeing the bike, the man told us tha...
- Even luxury brands offer pay later options now“Majority of consumers look for affordable ways to finance their purchases, it is important that the experience of availing Pay Later EMIs ...
- ESAF Small Finance Bank to take a call on Rs 976-crore IPO after Sept: MDThe proposed IPO comprises a fresh issue worth Rs 800 crore and an offer for sale (OFS) aggregating up to Rs 176.2 crore.
- Ebix Inc buys 50% in Vara United at about Rs 306 croreEbix said it expects the transaction to add to its earnings immediately, and has funded the deal using its cash reserves.
- Slow progress for cashless transactions a year after note banDemonetisation was aimed at reducing the cash-dependence of the Indian economy but has it's impact persisted in the year since it occurred?
- EbixCash acquires online travel portal Via.com for $75 millionThis will also open up opportunities for the company to cross sell its financial products to its clients using the travel outlet for bookin...
- ItzCash parent Ebix acquires Paul Merchants for $41 million in an all cash dealThis deal paves the way for Ebix to capture the largest share of the foreign remittance business in India and is its third acquisition afte...
- The week that was: Genesis Colors, Sebi notice on NSE issue made headlinesSebi's clearance to the IPO of Genesis Colors, filing of draft papers Eric Lifesciences, and further delays to clearance of NSE's IPO made ...
- SAIL’s Bhilai Steel Plant flags off first consignment of special grade structural steel channels to BSFThe first lot of around 425 tonnes of the special grade steel channels was flagged off from Bhilai Steel Plant’s Merchant Mill.
- Muthoot Finance launches Western Union money transfer serviceMuthoot Finance has tied up with the Western Union and Paul Merchant Ltd for providing money transfer services.
- Morgan Stanley ropes in Merrill Lynch's FlemingFinancial services major Morgan Stanley has appointed Merrill Lynch President and Chief Operating Officer Gregory J Fleming to head its inv...
- Rising dollar pushes inward remittances up 90%: Paul MerchantsNRIs would be getting more money in rupee terms due to the appreciation of dollar.
- Credit Suisse bets big on India, to acquire NBFCCredit Suisse is on an aggressive growth path in the country. The bank is in the process of acquiring a non-banking finance company (NBFC) ...
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