Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.
Investors with a 6 to 12 month horizon may consider them. They should align their holding period with the fund's maturity profile and prefer schemes with a lower expense ratio.
The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
Global risks include a potential delay in the US-India trade agreement, the possibility of a sharp correction in US equity markets, and renewed geopolitical tensions.
Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026.
Less than 12 per cent of the exits were from companies with Rs 10,000 crore in market capitalisation or above.
Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.
Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.
The Reserve Bank of India (RBI) on Friday allowed multiple entities in a bank group to undertake the same business as long as they cater to different client segments, while mandating board approval to ensure that any overlap in business has proper rationale and justification.
Make sure the rider adds value rather than just adding to cost.
Shriram Finance's (SHFL's) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25).
Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'
Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali
New investors should avoid short-term, tactical entries and instead go for staggered buying via ETFs to manage volatility.
'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Karnataka Chief Minister Siddaramaiah condemned the alleged poisoning of drinking water at a government school in Belagavi district, reportedly to force the transfer of a Muslim headmaster. He termed it a 'heinous act' driven by religious hatred and fundamentalism.
The factor fund launch spree by mutual funds (MFs) is moving from the passive to the active space. Two new fund offerings (NFOs) - ICICI Pru Active Momentum Fund and Bandhan Multi-Factor Fund - are currently open for subscription. Sundaram MF's multi-factor fund NFO closed this Wednesday.
Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.
Understand policy inclusions and exclusions to avoid surprises during claims.
Mutual funds (MFs) have significantly increased their ownership across market segments, but the midcap space stands out with comparatively higher growth. Data reveals that the number of midcap companies with over a fifth of MF ownership has doubled from nine in March 2022 to 18 by March 2025. In contrast, largecap stocks saw only a marginal rise, from three to four such companies during the same period.
With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains.
There have been multiple instances of the same entity appearing as both a public shareholder as well as under the promoter classification in some listed companies. And this dual-classification happened in the same quarter, according to data compiled by primedatabase.com.
Even if you have a comprehensive motor insurance policy, it may not provide sufficient protection against monsoon-related risks.
'I believe that the overall demand for commercial vehicles will improve, even though there is a slowdown in the GDP.'
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
The father of Murali Naik, a soldier from Andhra Pradesh who died during cross-border shelling in Jammu and Kashmir's Poonch, said his son joined the Army despite his opposition as he wanted to serve the nation. Naik, a 23-year-old Agniveer, died in the line of duty on Friday. He was the primary breadwinner for his family, which has been living in Mumbai for the past 32 years. Naik's death has been mourned by politicians and officials, including Andhra Pradesh Chief Minister N Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis.
India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
'The slowdown in motor insurance premium growth is due to slower growth in vehicle sales. Also, there has been minimal hike in third-party rates in the past three years which is affecting the growth rate of third-party premiums.'
DCM Shriram Consolidated Ltd said Shriram Bioseed Genetics India Ltd became its subsidiary as the company increased holding in Shriram Bioseed to 51 per cent from 49 per cent.
Brokerages expect a further slowdown in Indian firms' revenue and earnings growth in Q4FY25, following low single-digit growth in the preceding three quarters, as factors like weak consumer demand and credit growth linger on.
A local BJP leader in Ayodhya, Dr BD Dwivedi, died on Saturday after his family claims they faced delays due to multiple barricades while trying to reach a hospital. The family alleges they were stopped at various checkpoints and their pleas to open the barriers went unanswered, ultimately delaying their arrival at the hospital by two hours. While the Mayor of Ayodhya, Girish Pati Tripathi, has announced efforts to arrange ambulances at various locations for medical emergencies, the incident has sparked criticism of the administration for prioritizing security over the needs of local residents.
Maharashtra has witnessed 823 incidents of communal unrest since January this year, with demands for the removal of Aurangzeb's tomb and the spread of distorted facts on social media fomenting fresh trouble. Districts like Nandurbar, Pune (Rural), Ratnagiri, Sangli, Beed, and Satara have seen communal unrest in recent days due to right-wing organizations' demands for the demolition of the Mughal emperor's tomb in Chhatrapati Sambhajinagar. The state witnessed 4,836 Hindu-Muslim related communal crimes in 2024, with 170 incidents classified as cognisable and 3,106 as non-cognisable cases. The violence in Nagpur, triggered by protests demanding the removal of Aurangzeb's tomb, highlights the role of social media in spreading inflammatory content and instigating people. While the state has taken measures to curb the spread of misinformation, concerns remain over the impact on communities and the need for promoting peace and understanding.
'Earlier, our cost of funds was higher than most in the peer group.'
Check out some of the stocks that will react on the basis of their numbers in the near term.
The Ambani family has been a forerunner and led the way in promoting Indian crafts and fashion.
'I am very happy to see that the work is starting to bear some fruit now.'
Dr Lagoo, who was a trained ENT surgeon, played important role in the growth of theatre movement in Maharashtra in post-Independence era.
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