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STCI FINANCE
RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...- Stable India growth outlook masks hit to vast informal sector, say economists: Reuters pollIndia's economy is expected to grow steadily, but the country's large informal sector is facing significant challenges due to global confli...
- Delhi HC orders seizure, relocation of 129 EVs from Gensol, BluSmart in fallout of loan scamThe EVs in question were hypothecated to STCI Finance by Gensol and BluSmart after the lender alleged default in loan payments and sought t...
- Realty developer M3M reduced debt by Rs 2,473 croreRealty developer M3M group has repaid Rs 2,473 crore of debt by August 31, 2024, reducing its outstanding debt to Rs 1,302 crore. This sign...
- Jindal steel promoters clear loans taken against sharesThe three companies - OPJ Trading, Opelina Sustainable Services and Gagan Infraenergy - had a peak of ₹1,140 crore in loans against the sha...
- Jindal Steel promoters clear loans taken against sharesThe three companies - OPJ Trading, Opelina Sustainable Services and Gagan Infraenergy - had a peak of ₹1,140 crore in loans against the sha...
- BoI to raise Rs 400-500 crore from non-core asset saleIt could be noted that the bank has been looking to sell its stake in a few non-core assets including Star Union Dai-Ichi Life Insurance, S...
- Bank of India looks to raise Rs 1,000 crore from sale of non-core assets, real estateThe bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company - STCI Finance - and in Sidbi, by th...
- BSE appoints S Ravi as its new chairmanRavi, who was a public interest director at the BSE, replaces Dhirendra Swarup.
- Bank of India to raise over Rs 600 crore by selling stake in finance companyThe bank has indicated that it has set a floor price of Rs 550 per share for its stake its 1.13 crore share.
- ITC shares hit 52-week high as SUUTI sells 2% stake via block dealThe government has rakeded in close to Rs 6,700 crore from the stake sale. Earlier, the government had sold 1.6 per cent stake in L&T for R...
- S Ramadorai retires as BSE chairman; Sudhakar Rao to succeedLeading stock exchange BSE said S Ramadorai has retired from the position of its Chairman and would be replaced by Public Interest Director...
- Facing a Rs 2,700-crore loss, FIs swoop down on Bhushan SteelDisclosures made by the company on Tuesday show that Kotak Mahindra Bank invoked 16.6 lakh shares while STCI Finance invoked 8.72 lakh shar...
- GMR Infrastructure's chairman G M Rao raises stake, buys shares worth Rs 1.61 crGMR Infrastructure's chairman G M Rao has increased his personal stake in the company by buying shares worth Rs 1.61 crore.
- Tulip Telecom promoter pledges 23 lakh sharesTelecom firm Tulip Telecom's CMD H S Bedi has pledged 23 lakh equity shares to three different finance cos over a period of two days.
- STCI Finance acquires minority stake in Tulip TelecomBank of India controlled STCI Finance has acquired minority stake in Tulip Telecom for an undisclosed amount.
- Manappuram Gen Fin plays it big with Akshay KumarKerala-based Manappuram General Finance & Leasing Limited, which has ambitions to become a national-level company, has roped in Hindi film ...
- Bond houses to end year on a healthy noteUnlike in the past, players are now managing their portfolios in a dynamic manner, taking a conscious interest rate view, STCI Primary Deal...
- FIPB to reconsider ICICI's insurance proposal on Aug 17The Foreign Investment Promotion Board will consider again a proposal by ICICI Bank to divest 24 per cent stake in ICICI Financial Services...
- Kuwait fund house eyes STCI stake in UTI SecKuwait-based Global Investment House, a leading investment company in the Middle East with assets under management of over $6 billion, has ...
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