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US stock market: Wall Street advances as bond yields fall, investors digest Fed minutesTrading was choppy on Wednesday with all the indexes starting off the session with gains before turning lower ahead of the minutes and then...
Piramal Enterprises to sell 8.34% stake in Shriram FinIn FY13, Piramal Enterprises sold its domestic pharmaceutical formulations business to Abbott Laboratories for ₹17,000 crore and had invest...
Apax Partners likely to sell its entire stake in Shriram Fin via block dealDynasty Acquisition (FPI), a company linked to Apax Partners, is expected to sell up to 173 lakh shares, representing 4.63% stake in the co...
Buy Shriram Transport Finance Company, target price Rs 1700: Emkay Global Financial ServicesShriram Finance, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 50248.14 Crore) operating in NBFC sector.
Buy Shriram Transport Finance Company, target price Rs 1610: Emkay Global Financial ServicesEmkay is bullish on the NBFC given the merger of SCUF or Shriram City Union Finance providing diversification benefits to growth and profit...
Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIEShriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Trans...
Stocks in the news: TCS, Tata Motors, Dr Reddy's Labs, Vedanta and Alkem LabsJaguar Land Rover reported a 37 per cent decline in retail sales at 78,825 units in the quarter ended June.
Stocks in the news: Dr Reddy's, Titan, IndusInd Bank, Power Grid and STFCVakrangee, GM Breweries, GG Automotive Gears and Sri Krishna Constructions (India) are among the companies that will announce their corpora...
Buy Shriram City Union Finance, target price Rs 2,700: Emkay Global Financial ServicesThe brokerage retained its Buy rating on SCUF and raise our March 23 TP to Rs 2,700 from Rs 2,670, taking into account the revised growth o...
Buy Shriram Transport Finance Company, target price Rs 1,490: Emkay Global Financial ServicesThe current market price of Shriram Transport Finance Company is Rs 1,229. Time period given by analyst is year when Shriram Transport Fina...
Add Shriram Transport Finance Company, target price Rs 1552: HDFC SecuritiesShriram Transport Finance Company Ltd., incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 37144.55 Crore) op...
Niti Aayog, World Bank ready electric vehicles financing pushThe two entities are setting up a $300-million 'first loss risk sharing instrument', with State Bank of India (SBI) as its programme manage...
Biggest gainers & losers of the day: SCUF soars 12%; TD Power tanksSensex hit the 58,000 mark for the first time. BSE Sensex gained about 2,000 points, whereas Nifty50 jumped more than 600 points during the...
Buy Shriram City Union Finance, target price Rs 1125: Motilal OswalShriram City Union Finance Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 5677.24 Crore) operating in...
Buy Shriram City Union Finance, target price Rs 1080: EdelweissShriram City Union Finance Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 5591.11 Crore) operating in...
Stocks in the news: RVNL, Dish TV, Wipro, STFC, Vedanta and WockhardtTCS has collaborated with Google to build industry-specific cloud solutions.
Deal didn't go through as we could not agree on relative value: Rajiv Lall, IDFC BankMany theories are doing the rounds on the reasons behind the deal's collapse. IDFC Bank's Chief Executive clears the air around the plan wi...
IDFC-Shriram merger plan may have to factor in government's stake dilution concernsShriram Group founder R Thyagarajan said discussions are progressing. “Till an agreement is reached, there will be disagreements,” he said.
PE firm Apax buys TPG’s 20.3% stake in Shriram City Union FinanceET had reported in its April 28 edition that Apax would buy TPG’s stake in SCUF. The sources cited said the deal was struck at a premium to...
- TPG to buy Shriram’s consumer fin arm
Shriram group is selling 55% stake in its retail arm for Rs 805 cr. TPG will acquire 1.83 mn equity shares at Rs 2,388.8 apiece, along with...