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NBFC ACQUISITION NEWS
Banks, power finance and infrastructure to lead next leg of market rally: Pankaj PandeyIndia's banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according...
For investors with ability – and patience to wait 3 years, not 3 months: 6 large-cap stocks with upside potential of up to 33%The interesting point about the large-cap space today is not that prices have collapsed. In most cases, they have not. The more important c...
For risk-takers with long-term perspective: 10 small-cap stocks from different sectors with upside potential of up to 31%If you buy small-cap stocks today, are you taking a risk or managing it? To some it might appear you are taking a risk, but there is a high...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
Manappuram Finance shares drop 2% after RBI gives nod for Rs 4,385 crore Bain Capital dealManappuram Finance shares dipped 2% after its subsidiaries received RBI approval for Bain Capital's indirect control, marking the final ste...
Stocks in news: Hindustan Zinc, UGRO Capital, Delhivery, M&M, Vishal Mega MartIndian markets experienced a slight downturn, with several companies making headlines. Vedanta plans to sell shares in Hindustan Zinc, whil...
Jio Financial crosses Rs 2 lakh crore barrier as share price jumps 22% in 1 weekShares of Mukesh Ambani's Jio Financial Services rallied 14.5% to a fresh peak of Rs 347, crossing the Rs 2 lakh crore market cap mark. Jio...
Paytm denies speculations on Jio Financial's acquisition of Paytm WalletPaytm, in an official release, stated that the news item suggesting such an acquisition is speculative, baseless, and factually incorrect. ...
Jio Financial Services shares drop over 7% on denying Paytm wallet acquisition talksJio Financial shares ended 14% higher on BSE on Monday following a media report stating that Jio has been in talks to buy the Paytm wallet ...
'The real work starts now.' Ananya Birla announces Chaitanya India acquisition, remembers decade-long journey; Harsh Goenka says 'proud of my little girl'The acquisition, valued at Rs 1,479 crore, positions Svatantra as the second-largest Non-Banking Financial Company-Microfinance Institution...
Svatantra Microfin completes acquisition of Chaitanya India Fin CreditSvatantra Microfin has completed the acquisition of Navi Group's subsidiary, Chaitanya India Fin Credit, making it the second largest NBFC-...
Cred lays off close to 15% of staff at expense management unit HappayThe exact number of employees affected by the layoffs could not be ascertained, but one of the sources told ET that 10-15% of the workforce...
EV scooter sales hit a bump in April, Ola grows marginally; What's plaguing Nykaa?Electric two-wheeler sales took a beating in April, according to data from Vahan, a government database that tracks vehicle registrations, ...
Fintechs may sharpen focus on NBFC ops; Paytm CEO Sharma faces dissentThe new rules – which clearly favour entities under the RBI’s control – could force fintech firms to focus on their non-banking financial c...
ETtech Interview | Accessing all kinds of capital to close large multi-billion dollar buys: Byju RaveendranRaveendran told ET in an interview that formal commitments were in from several lenders and that between the time the company made the news...
Along with pharma and IT, allocate for banking too: Rahul Shah‘Among IT largecaps, HCL Tech and Infosys would be my preferred picks.’
Reserve Bank of India seeks info from NBFCs on moratorium given to borrowersThe banking regulator has asked NBFCs to disclose the moratorium or grace period given to borrowers.
For each Enam share, its shareholders will get 5.7 of AxisAxis Bank will issue shares equivalent to 3.3% of its expanded share capital to the shareholders of the privately-owned Enam.