Mahindra Finance joins hand with Manulife, Singapore Mahindra Finance joins hand with Manulife, Singapore DSIJ Intelligence / Friday, June 21, 2019 / Article rating: 5.0 Mahindra and Mahindra Finance through its subsidiary Mahindra Asset Management Company Private Limited enter into a joint venture with Manulife to expand the quality and quantity of fund offerings and also for retail fund penetration in India.
Arm of Piramal Enterprises invests to expand US unit Arm of Piramal Enterprises invests to expand US unit DSIJ Intelligence / Friday, June 21, 2019 / Article rating: 5.0 The shares of Piramal Enterprises rose almost 3 per cent intraday after the company’s arm decided to make investments to expand their US facility.
Tata Motors: Moodys downgrades JLR rating to Ba3 negative Tata Motors: Moodys downgrades JLR rating to Ba3 negative Pratik Shastri / Friday, June 21, 2019 / Article rating: 2.5 Major Indian automaker Tata Motors informed about revision of credit rating by Moody’s. The global rating agency has downgraded Tata Motors credit rating.
Odisha government appoints MSTC for scrap and sale services Odisha government appoints MSTC for scrap and sale services Pratik Shastri / Friday, June 21, 2019 / Article rating: 3.2 Bengal-based, PSU, MSTC reported that Odisha state government appointed it for services and works related to different products of the company.
Bajaj Finance shines like a beacon amidst the NBFC darkness Bajaj Finance shines like a beacon amidst the NBFC darkness DSIJ Intelligence / Friday, June 21, 2019 / Article rating: 5.0 The shares of Bajaj Finance surged 25 per cent, thereby rendering the company’s stock performance the best in the NBFC sector.
Mutual Fund Update: Investor composition for May 2019 Mutual Fund Update: Investor composition for May 2019 DSIJ Intelligence / Friday, June 21, 2019 / Article rating: 5.0 The domestic mutual fund industry's asset under management is inching towards Rs. 26 lakh crore marks. Read on to find who is contributing how much.
Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit Lakshmi Vilas: CCI okays merger with IBH; hits upper circuit DSIJ Intelligence / Friday, June 21, 2019 / Article rating: 4.8 The regulator for fair business practices the Competition Commission of India has approved the scheme of amalgamation of Indiabulls Housing Finance Limited (IBH) and Indiabulls Commercial Credit Limited (ICCL) with Lakshmi Vilas Bank Limited (LVB). The stock of LVB hits upper circuit limit.
Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs Sundaram Finance to acquire stakes of BNP Paribas held in 2 JVs Amir Shaikh / Friday, June 21, 2019 / Article rating: 4.0 Sundaram Finance (SFL) has entered into an agreement with its partner BNP Paribas for acquiring stakes held by the latter in their two joint venture companies called Sundaram BNP Paribas Home Finance Limited and Sundaram BNP Paribas Fund Services.
Ten stocks close to their 52-weeks low Ten stocks close to their 52-weeks low Shital Jibhe / Friday, June 21, 2019 / Article rating: 5.0 Following stocks are close to their 52-weeks low as at 12:56 p.m. on June 21, 2019.
Elgi Equipments: UAE subsidiary enters JV for market expansion Elgi Equipments: UAE subsidiary enters JV for market expansion Pratik Shastri / Friday, June 21, 2019 / Article rating: 5.0 Tamil Nadu-based air compressor manufacturer, Elgi Equipment informed in a stock exchange filing that its subsidiary in UAE has entered a joint venture with local Emirati, on Thursday after market hours.