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PEERLESS FINANCIAL SERVICES
Peerless Roys win 3-decade legal battle for control of 94-year conglomerate after Supreme Court rulingThe Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending ...- IndusInd Bank appoints ex-SBI MD Arijit Basu as part-time Chairman; Sunil Mehta to step downIndusInd Bank has appointed Arijit Basu as Non-Executive Independent Director and Part-time Chairman for a three-year term starting January...
- Peerless eyes a turnaround with healthcare, real estate push; to invest Rs 1,100 crorePeerless, a Kolkata-based conglomerate, is undergoing a significant transformation, expanding its healthcare and real estate businesses whi...
- Assam Chief Minister Sarma inaugurates Peerless HospitalChief Minister Himanta Biswa Sarma inaugurated the Peerless Hospital in Guwahati, a 300-bed multi-specialty facility resulting from an agre...
- Peerless General Finance forays into real estate bizPeerless General Finance & Investment Company, restricted from public deposits since 2011, is venturing into real estate with its first ind...
- Antony Waste Handling Cell raises Rs 60.94 crore from anchor investorsThe company aims to raise up to Rs 206 crore through the public offer, which will close on March 6.
- Essel MF eyes Rs 10K crore in assets by next MarchThe latest entrant in the mutual fund market, Essel MF currently has an asset base of nearly Rs 1,600 crore.
- 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.
- PK Choudhury, former chief executive at ICRA, passes awayHe 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...
- 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 ...
- Fund houses announce new offerings which are mix of equity funds, tax-saving schemes & hybrid fundsFund houses are likely to create a lot of noise while launching these hybrid products, but experts advise caution while applying in new fun...
- Flood of NFOs from fund houses in November, DecemberFund houses have announced a host of new offerings which are a mix of equity funds, tax-saving schemes and hybrid funds.
- 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...
- Infrastructure companies plunge to 5-yr lows on debt, regulatory woesCompanies like GMR Infra and Lanco Infra have negative returns on equity, where as Reliance Infra and GVK Power low return on equity.
- Peerless Group gets RBI nod to enter consumer loan businessThe group will convert Peerless Financial Services, its associate company, into a wholly-owned subsidiary for the lending business.
- Peerless Mutual Fund launches 'Flexible Income Fund'Peerless Mutual Fund has recently launched Peerless Flexible Income Fund, an open-ended dynamic bond fund.
- MF assets fall 7% in May on income fund redemptionsTotal assets under management of the mutual fund industry dropped 7% in May from the previous month led by redemptions from income and mone...
- Peerless Mutual Fund launches Child PlanThis is a multiple asset class product wherein the investment will be made in debt, equity and gold exchange traded funds.
- 20 cos line up for pvt pension fundsThe selected cos will have to incorporate the pension fund as a separate company in which direct or indirect foreign investment should not ...
- Peerless, National Insurance to part waysPrivate sector Peerless General Finance & Investment Company and public sector National Insurance Company (NIC) are breaking ties.
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