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POONAWALLA FINANCE
Q4 earnings roundup: Raymond Realty, MCX among 19 companies that delivered 100%+ growth in sales and PATA select group of 19 large-cap BSE-listed companies achieved triple-digit growth in both profit and revenue during Q4FY26, indicating stron...
Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%Smallcap and midcap stocks came under pressure on Wednesday as broader markets weakened amid a record low rupee, elevated bond yields, and ...
In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
Geopolitical tensions keep markets nervous despite strong earnings: Dipan MehtaGeopolitical tensions, particularly the Iran crisis, are overshadowing strong corporate earnings, according to Dipan Mehta. While India Inc...
Stocks in news: Paytm, Bajaj Auto, L&T, Bharti Airtel, Hero MotoCorpMarkets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj Auto, and L&T are in focus due to ...
Poonawalla Fincorp Q4 results: Profit jumps 70% QoQ to Rs 255 crorePoonawalla Fincorp reported a sharp profit rise driven by margin expansion, higher income, and improved asset quality. AUM crossed Rs 60,00...
Mittal family-led consortium to acquire Rajasthan Royals in $1.65 billion dealThe Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, is set to acquire a significant 75% stake in the Rajasthan Royals franchise....
ET Awards: Star power to light up the night; Finance Minister Sitharaman to honour Chandrababu Naidu, India IncMumbai's Jio World Convention Centre hosts the 26th Economic Times Awards for Corporate Excellence, celebrating India's economic leaders. F...
Market rally continues but fundamentals are weakening, warns Dipan MehtaMarkets are rallying but investor Dipan Mehta urges caution. He believes fundamentals are weakening. A poor monsoon could impact rural busi...
Stay calm, stay invested, says Dipan Mehta; prefers PSU banks & NBFCs among financialsAmidst global market jitters, Elixir Equities' Dipan Mehta advises investors to exercise patience, resisting drastic portfolio changes. He ...
NCLT approves Poonawalla Finance demerger splitting lending, real estate businessThe National Company Law Tribunal has approved a major restructuring for Poonawalla Finance. This plan will split the company's lending and...
Poonawalla Fincorp sells controlling stake in housing finance arm to Singapore company for Rs 3,004 croreThe Cyrus Poonawalla Group, more known for its vaccine-making business under the Serum Institute, in a statement said the financial conside...
Adar Poonawalla’s finance company buys 13-floors in Pune office tower for Rs 464 crThis is one of the largest office space transactions in Pune in recent times. With this, Poonawalla Finance now owns an entire wing of the ...
CCI approves Rising Sun Holdings’ acquisition of 60% stake in Magma FincorpAccording to a combination notice filed with the regulator, the transaction involves acquisition of 60 per cent stake by Rising Sun Holding...
Magma Fincorp shareholders approve Rs 3,456 cr share issue to promoters, Poonawalla coMagma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...
Adar Poonawalla to own Magma FinCorp via equity infusionThe preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the comp...
Poonawalla Finance offers special loans to company secretariesThe non-bank entity is a part of Cyrus Poonawalla group, which owns Serum institute, engaged in developing vaccines for the coronavirus.
Vaccine king Adar Poonawalla forays into tech-enabled lendingThe one-year-old Poonawalla Finance has already disbursed Rs 1,500-crore personal loans in the range of Rs 2 lakh to Rs 30 lakh at rates th...
ICAI ties up with Poonawalla Finance to offer special loans for Chartered AccountantsThe unique term loan, tailor-made scheme for the Chartered Accountant professionals, offers an attractive interest rate, zero prepayment ch...