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SKS TRUST ADVISORS
Street too optimistic on the NBFC pocket; time to take money off tableData showed shares of Manappuram Finance have zoomed 314.46% in the past one year. Muthoot Finance has seen its shares rise 91% in this per...
No licence! Banking aspirants SKS Micro, Diwan Housing may underperform market in short termThe 10 applicants were chosen from 72 applicants following detailed scrutiny of financial viability, business plans and other checks by thr...
Vikram Akula buys 26 per cent stake in start-up Vaya; eyes small bank licenceAkula, once seen as the poster boy of microfinance in India, has joined the Hyderabad-based business correspondent firm as Chairman.
Financial Technologies India Ltd pacts with Jhunjhunwala, others to exit MCX-SX bourseFTIL inks pact with Rakesh Jhunjhunwala, financial major Edelweiss and others to sell its entire five per cent stake in MCX-SX stock exchan...
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 management denies irregularities at AGMSKS Microfinance, on Thursday denying any irregularities in the annual general body meeting declined to recall any decision taken at the me...
SKS Microfinance shareholder alleges irregularities in AGMWhen contacted, a spokesperson of SKS Microfinance said the annual general meeting, including the voting process, had been conducted as per...
WestBridge to buy 1.74% SKS stake, to emerge second largest holderWestBridge Ventures, which currently holds 4.32% stake in India’s only listed micro lender SKS Microfinance, has agreed to buy another 1.74...
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...
Vikram Akula’s attempt to return to SKS Microfinance rests on Rs 250 crore trustsEarlier, Akula and some SKS board members vehemently disagreed on how these trusts should be governed.
SKS Microfinance refuses board seat to Vikram AkulaSKS Microfinance has denied a board seat to its founder Vikram Akula, saying that under its charter minority shareholders have no right to ...
SKS Microfinance says its shareholders have no right to nominate directorsSKS Microfinance today said none of its shareholders have any right to nominate a director on the company board.
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 ...
Ten stocks in focus in Thursday morning tradeIndian markets are likely to trade in a range. Here is a list of ten stocks which are likely to remain in focus in morning trade.
Why SKS Microfinance's Madapati Ramachandra is changing trackA post-graduate in management studies from BITS-Pilani, MR is talking about lending to mom-and-pop stores, giving loans for mobile phone pu...
- SKS Microfinance: Promoters got the better of poor women borrowers
There are issues on how its five SKS MBTs were managed.
- Top 3 microfinance companies used poor as puppets
They say their mission is to serve the poor. Yet, promoters of top three microfinance companies used poor women to structure equity in thei...
SKS faced power tussles in past tooEven as reasons for sacking of Suresh Gurumani continue to be shrouded in mystery, it emerges that this is not the first time that India's ...