Finance

Rescue plan: Altico may offer to sell its assets

Oct 14, 2019, 07:51 AM IST

Altico’s asset sales could immediately fetch at least Rs 2,000 crore, market sources said.

DHFL inks pact to sell its entire wholesale book

Oct 14, 2019, 08:29 AM IST

Banks have signed the ICA and are working on the resolution proposal submitted by DHFL.

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia

Oct 13, 2019, 11:10 AM IST

While the group deleveraged some of its assets, its flagship Essar Steel was dragged to bankruptcy proceedings by lenders over unpaid loans.

India's microfinance sector remained strong despite slowdown: ICICI Securities

Oct 11, 2019, 06:43 PM IST

Captains at MFI firms believe that said that the slowdown is not felt in their sector as they finance making of goods for conspicuous consumption.

Credit Saison India gets NBFC licence from RBI

Oct 11, 2019, 08:11 AM IST

The company, which operates in the country under its registered name of Kisetsu Saison Finance India, has also received $30 million from the Tokyo Stock Exchange-listed parent entity.

Muthoot Finance to raise up to USD 2 bn from foreign markets to fund biz growth

Oct 10, 2019, 08:47 PM IST

The board approved the establishment of a Global Medium Term Note Programme for raising up to $2 billion through issuance of foreign currency bonds or rupee denominated bonds overseas

Start an SIP to fulfill your financial goals

Oct 10, 2019, 03:35 PM IST

Wealth creation is a long journey and becomes one of the most important goals when you start working. The earlier you plan the better it is in the near futur...

Mastercard India elevates Vikas Varma to COO

Oct 10, 2019, 01:56 PM IST

In his new role, Vikas will lead initiatives related to new partnerships and development of digital payments solutions in the country, a company statement said.

Edelweiss Financial Services arm moves court to recover dues from DHFL

Oct 10, 2019, 12:49 PM IST

The company has approached the court through its asset management subsidiary.

SoftBank-backed C2FO acquires Noida company

Oct 9, 2019, 11:13 PM IST

SoftBank and Mubadala Investment Company, has acquired Noida-based dynamic discounting solution provider Priority Vendor Technologies for an undisclosed sum.