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SKS PROMOTER ENTITY
Everest Food promoters buy 2 more luxury pads in Mumbai’s Worli for Rs 143.50 crThe promoter group of Everest Food Products had recently bought an apartment on the 53rd floor of Oberoi Three Sixty West, with a total are...- IndusInd Bank confirms deal talks with MFI Bharat FinancialIndusInd bank said the management has been authorised to evaluate strategic opportunities for business expansion.
- Au Financiers seeks RBI nod to go publicAu Financiers has sought the RBI's permission to go public, the first NBFC to do so since SKS Microfinance listed on the stock exchanges mo...
- Coal scam: High Court seeks Centre's response on SKS Ispat's pleaHC sought the Centre's response on a plea filed by SKS Ispat and Power Ltd challenging the government's decision to disqualify a company.
- SKS Trust Advisors sells 7.6 per cent stake in SKS MicrofinanceShares were sold for an average price of Rs 222.44, valuing the transaction at Rs 182.61 cr. SKS Trust had sold 0.03% stake for Rs 92.52 la...
- Stocks that have gained momentum in weak marketThe markets are likely to consolidate in the near term and take cues from Lok Sabha election results on Friday (May 16) for further directi...
- Vikram Akula to bury past, SKS Trust to sell stake in SKS MicrofinanceVikram Akula has given up the battle to re-establish his presence in SKS Microfinance — the company he had founded but was forced to quit.
- SKS Microfinance says Vikram Akula no more its promoterSKS Microfinance today said it will cease to treat a few entities, including Vikram Akula and Sequoia Capital India Growth Investments, as ...
- SKS Promoter entity plans to move Company Law Board against SKS MicrofinanceThe trust, led by Bikshamaiah Gujja, a well-known social scientist, is disappointed with the SKS Microfinance board for denying a board sea...
- SKS tanks over 6 pc after Akula, Sequoia Capital sell sharesSKS Microfinance tanked over 6% after its founder Vikram Akula and Sequoia Capital offloaded over 24 lakh shares of the firm for nearly Rs ...
- Vikram Akula, Sequoia Capital sells SKS shares worth Rs 32 croreVikram Akula and private equity firm Sequoia Capital today offloaded over 24 lakh shares of the Hyderabad-based firm for nearly Rs 32 crore.
- SKS Trust Advisors raises stake to 8.8% in SKS MicrofinanceSKS Trust the original promoter of SKS Microfinance has raised its shareholding in the Hyderabad based firm as well as asked for a seat on ...
- RBI hopes to ringfence new banks from promoter groupsThe new rules say that at least 50% of the directors of the holding company should be independent directors.
- 3 MFIs Spandana Spoorthy, Share Microfin and Asmitha Microfin plan merger to create biggest lender, surpass SKS MicrofinanceSpandana Spoorthy Financial Services, Share Microfin and Asmitha Microfin plan to merge their businesses to create the largest lender to sm...
- ET Investigation: Vikram Akula clarifies and our responseThe articles, "Uplifting Promoters in the Name of Downtrodden" and "The Poor as Puppets" in The Economic Times of January 31, 2011, created...
- ET Investigation on MFIs: Vikram Akula of SKS Microfinance clarifies and our responseET's investigation has revealed that the quality of governance and level of transparency in the mutual benefit trusts (MBTs) that own/owned...
- SKS Microfinance: Promoters got the better of poor women borrowersThere are issues on how its five SKS MBTs were managed.
- How top 3 Microfinance cos raised funds in the name of poor?An ET investigation shows 45,000 women who were shareholders in the country’s top three microfinance companies have missed out on the benef...
- Top 3 microfinance companies used poor as puppetsThey say their mission is to serve the poor. Yet, promoters of top three microfinance companies used poor women to structure equity in thei...
- SKS Microfinance scrip tanks 5 pc on BSESKS Microfinance today tumbled after the Andhra Pradesh Police arrested three people working with it and another small lender Spandana.
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