Valuation gets a leg-up after bailout package
ICICI Pru NFO open between September 16-27, that of Aditya Birla Sun Life between September 15-23
Aditya Birla group Chairman KM Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd to govt or any other entity that govt may consider worthy to keep company operational.
GIC Housing Finance on Tuesday said it has raised Rs 195 crore through issuance of (NCDs) to Aditya Birla Sun Life Mutual Fund on private placement basis
SBI AMC, India's largest asset manager, is said to be planning an IPO too
Vi's talks with the Oak Hill consortium have not led to a binding agreement as there were unresolved issues around funding terms, a media report said
Aditya Birla Group Chairman Kumar Mangalam Birla is the chairman of the seven-member jury
Sabyasachi is India's largest and most influential luxury designer brand with strong Indian roots and global appeal
In November last year, the RBI had said that Aditya Birla Idea Payments Bank was headed for liquidation after the company's application for voluntary winding up
Kamlesh Rao said that in times of socio-economic crisis like this Covid-19, 30-35% companies find it difficult to survive, while 15-20% firms outshine their peers in respective industries
The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.
Several slash pays by up to 40% for May
Reputed conglomerates are opting for moratorium on debt servicing
Menon and his four other co-founders are quite clear that the space where they operate in itself is so vast that they have hardly been able to scratch the surface
IRDAI has so far received 173 proposals, most of which incentivise wellness in the health insurance space through the use of apps and wearable devices
While Novelis raised $1.6 billion at a lower rate than the previous loan, SKI Carbon Black has hired 16 banks to raise $1.5 billion by selling bonds
The other companies that made applications with the exchange are Standard Chartered Investments and Loans (India) Ltd, KEC International Ltd, Siyaram Silk Mills Ltd and Balrampur Chini Mills Ltd
ABFL is a diversified non-banking finance company with a long-term credit rating of AAA (Stable) from both Icra as well as India Ratings
The fund house said Adilink's failure to repay was on account of "extension of originally anticipated timelines for the monetisation of road assets"
Until now, a total of four players in payment banking space have shut shops