Shriram Finance shares climbed over 5% after announcing the sale of its housing finance arm to Warburg Pincus for Rs 4,630 crore. The deal will allow Shriram to focus on vehicle finance and small...

Shriram Finance has sold its housing finance arm, Shriram Housing Finance, to Warburg Pincus for Rs 4,630 crore. The deal is expected to be completed by March 2025.

Shriram Finance has agreed to sell its housing finance subsidiary, Shriram Housing Finance Limited (SHFL), to Warburg Pincus for Rs 4,630 crore. The deal is expected to be completed in February 2025.

Telecom infrastructure providers are seeking input tax credit on telecom towers, increased tax depreciation rate, and TDS rationalization in the Union Budget 2024.

The Chatterjee Group (TCG) has launched Food Technology and Science Institute (FTSI) to develop high-quality, nutrient-rich food ingredients catering to health-conscious consumers.

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Sebi extends deadline for public comments on proposals aimed at simplifying business processes and reducing compliance burden for listed firms.

MEHAIR, a domestic seaplane operator, has placed an order for up to 50 amphibious aircraft from Mallard Enterprises, aiming to re-launch operations in December 2024.

Indian Overseas Bank reported a 26.60% rise in net profit for Q1 FY25, reaching Rs 633 crore. Total income grew by 21.54%, driven by increased interest and non-interest income. The bank also saw...

Jana Small Finance Bank reported an 89% jump in Q1 net profit to Rs 171 crore, driven by strong loan growth and stable margins. Gross NPA ratio rose to 2.62% from 2.11% in the previous quarter.

India's Chief Economic Advisor predicts a 7% GDP growth rate for 2024-25, but highlights monsoon and global financial risks as potential challenges.

The Economic Survey of India 2023-24 forecasts a conservative 6.5-7% growth, citing global uncertainties. Experts weigh in on budget expectations for key sectors like agriculture, infrastructure...

Sebi extends deadline for public comments on proposals aimed at simplifying business processes and reducing compliance burden for listed firms.

MEHAIR, a domestic seaplane operator, has placed an order for up to 50 amphibious aircraft from Mallard Enterprises, aiming to re-launch operations in December 2024.