Peerless Group to invest Rs 1,000 cr in capex; focuses on hospital, realtyThe Peerless Group on Monday announced ambitious plans to invest over Rs 1,000 crore in capital expenditure over the next three years, a ma...
31 Jul, 2023, 08.56 PM IST
Bengal Peerless ropes in former cricket captain Sourav Ganguly as brand ambassadorAccording to Bengal Peerless Housing Development Company CEO Ketan Sengupta: “Sourav Ganguly has been our first choice as brand ambassador ...
30 Sep, 2020, 03.29 PM IST
MCA body recovers Rs 1,514 crore deposits from Peerless General FinanceThe Reserve Bank had directed the company to transfer the funds to the IEPFA, but it won a stay from the Calcutta High Court.
24 Apr, 2019, 08.01 AM IST
- Bengal Peerless Housing Development Compnay unveils Avidipta II
This is the second phase of Avidipta and entails an initial investment of around Rs 200 crore. This will be the company's maiden foray into...
31 May, 2018, 06.13 PM 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
- PK Choudhury, former chief executive at ICRA, passes away
He joined ICRA in 1991 on deputation of from IFCI and built a fine rating company, where Moody’s Investors Service Inc is the largest share...
22 Nov, 2016, 01.00 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
Apeejay Surrendra Park Hotels appoints Pranab Kumar Choudhury as Independent DirectorWith an experience of over 43 years, Choudhury has earlier worked in the manufacturing, commercial banking, development banking, and mercha...
09 May, 2015, 04.45 PM IST
Peerless General Finance infuses Rs 24 crore in MF armThe move follows directive by the Sebi to mutual fund houses in February last year to increase their minimum networth to Rs 50 crore from R...
08 Jan, 2015, 03.13 PM IST
- Peerless Group gets RBI nod to enter consumer loan business
The group will convert Peerless Financial Services, its associate company, into a wholly-owned subsidiary for the lending business.
21 Sep, 2012, 10.51 AM IST
- Peerless cuts loss in mutual fund business despite adverse condition
Peerless owner SK Roy said the asset management business is still in gestation period and the loss is well within the plan.
08 Sep, 2012, 04.17 PM IST
- Peerless Mutual Fund launches Child Plan
This is a multiple asset class product wherein the investment will be made in debt, equity and gold exchange traded funds.
10 Mar, 2011, 12.45 PM IST
- Peerless Group MF arm plans weekly SIP
Peerless Funds Management Co, the mutual fund subsidiary of the Peerless Group, proposes to sell systematic investment plan or popularly SI...
24 Apr, 2010, 05.08 AM IST
- RBI rejects Peerless plea to renew deposits
Peerless General Finance & Investment (PGFI) Company, which is phasing out its deposits mobilisation business by March 2011 in step with RB...
05 Feb, 2010, 03.20 AM IST
- RBI prods Sahara arm, Peerless to change biz model
The central bank has over the past few years imposed severe investment restrictions on the two companies, which are classified as residuary...
06 Oct, 2007, 01.27 AM IST
- WB eyes pvt investment in medical education
The West Bengal government is going flat out to attract private investment in medical and para-medical education. The move is aimed at meet...
30 Nov, 2006, 09.30 PM IST
- Peerless, National Insurance to part ways
Private sector Peerless General Finance & Investment Company and public sector National Insurance Company (NIC) are breaking ties.
28 Nov, 2006, 12.55 AM IST