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SRS INVESTMENT MANAGEMENT
Haryana's infant mortality rate falls to 24 deaths per 1,000 live births, matches national averageHaryana's infant mortality rate has dropped to 24 deaths per 1,000 live births, reaching the national average. This significant achievement...- India makes significant progress in reducing maternal mortality decline, on course to meet SDG targetIndia's maternal health has seen a remarkable transformation, with maternal deaths having fallen significantly, a global achievement. This ...
- Avis stock's roller coaster drags US' big index Dow Jones Transportation Average along for the rideAvis Budget shares experienced a dramatic 70% plunge, following a massive surge, highlighting meme stock exuberance. This volatility signif...
- Avis Budget shares touch record high as short squeeze hammers bearish betsAvis Budget shares surged to a record high, fueled by a significant short squeeze. High short interest, exacerbated by major holders like S...
- Sammaan Capital sells Rs 5,000 crore loan portfolio to stressed loan aggregator ArcilSammaan Capital sold a ₹5,000 crore stressed loan portfolio to Arcil at about a 52% discount, valuing it near ₹2,400 crore in one of the la...
- New RBI norms to structurally strengthen asset reconstruction companies & lead to consolidation: CRISILAccording to Crisil Ratings' analysis, the new norms announced by the Reserve Bank last Tuesday for ARCs, however, will require them to inc...
- Will the bad bank be able to fix one of the world's worst toxic loan pile?NARCL-IDRCL will provide a very promising proposition for the entire Indian banking system, which would benefit in two ways. First, by sell...
- AUM rises but ARCs face challenges due to higher cash needs: CrisilRating agency Crisil said that the growth in ARC assets has fallen to 7% in fiscal 2019.
- Pricing, recovery scope to determine NPA sales to ARCs: Report"ARCs' role in acquiring non-performing assets (NPAs) from banks is likely to be guided by the quantum of recoveries from distressed assets...
- Recoveries from stressed assets to determine acquisition of NPAs by ARCsAsset reconstruction companies’ (ARCs) role in acquiring non-performing assets from banks is likely to be guided by the quantum of recoveri...
- SRS Ltd to invest up to Rs 900 crore in 2 years for expansionSRS Ltd, which reported a turnover of Rs 3,824.84 crore in the previous fiscal, has presence across various sectors.
- RBI asks asset reconstruction companies to invest 15% in securities receiptsThe new norms are aimed at checking a sudden spurt in the sale of bad loans to ARCs at unrealistic prices and making ARCs more accountable.
- SRS Cinemas in expansion mode, celebrates spirit of womanhoodSRS Group is currently in an expansion mode for its multiplex chain, SRS Cinemas, and will invest about Rs10 crore to add more screens.
- Maytas Properties agrees to pay Rs 850 crore as settlement to SRS Investments, JM FinancialThe land in Hyderabad, the only chunk for which Maytas Properties has development rights, is part of the 5,000-acre land bank owned by the ...
- Two Brazilian acquisitions have backfired for Shree Renuka, but Narendra Murkumbi confident of a comebackTwo Brazilian acquisitions have backfired for Shree Renuka, but Murkumbi is confident of a comeback at the company he built by buying sick ...
- SC issues notice to Govt on Matyas management disputeSC sought Centre's stand on pleas by two investment firms SRS Orion and Nimesh Kampani's JM Financial against the handover of the managemen...
- SC issues notices to Maytas on management handover disputeMeanwhile, the apex court also stayed the proceedings at the Company Law Board and asked the parties to maintain status quo till May 9, the...
- SRS to invest Rs 150 cr in food & beverages bizDiversified business conglomerate SRS Group on Sunday said it will invest Rs 150 crore in the next three years to expand its food and bever...
- SRS Group forays into jewellery retailingBusiness conglomerate SRS Group has announced its foray into branded jewellery retailing through the launch of its first exclusive jeweller...
- ARCs told to invest 5% in security receipts against bad loan riskRBI has made the going tougher for asset reconstruction companies (ARCs) which deal in bad loans and have sweeping powers like enforcing se...
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