Reliance Home Finance has reported results for second quarter ended September 30, 2018. The company has reported 31.58% rise in its net profit at Rs 75.00 crore for the quarter under review as compared to Rs 57.00 crore for the same quarter in the previous year. Total income of the company increased by 8.67% at … Read more
Sundaram Finance has reported results for second quarter ended September 30, 2018. The company has reported 0.77% rise in its net profit at Rs 154.31 crore for the quarter under review as compared to Rs 153.13 crore for the same quarter in the previous year. Total income of the company increased by 18.52% at Rs … Read more
PNB Housing Finance has successfully raised Rs 2,450 crore through Commercial Papers (CPs). This is in addition to Rs 1,775 crore raised earlier in October totalling to Rs 4,225 crore of CPs raised in October 2018. The CPs were placed with various Mutual Funds and Banks. PNB Housing Finance is a registered housing finance company … Read more
Muthoot Finance has acquired Muthoot Money (MMPL), post approval of the Reserve Bank of India. The company purchased 5,625 number of equity shares of face value Rs 1,000 each at a price of Rs 17,685 per share aggregating to Rs 9,94,78,125 from existing shareholders; and subscribed 56,545 number of fresh equity shares of face value … Read more
Shriram Transport Finance Company has raised funds worth Rs 300 crore through issuance of bonds. The issue comprises three tenor bonds of three, five and ten years, offering a coupon in the range 9.12% to 9.70%. Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking … Read more
TCI Finance has received an approval for the sale of investment of subsidiary company. Divestment of 100% equity investment held by the company in Itag Business Solutions (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions shall cease to be a subsidiary of the company. The Board of Directors of the company … Read more
Shriram Transport Finance Company has reported results for second quarter ended September 30, 2018. The company has reported 22.60% rise in its net profit at Rs 609.58 crore for the quarter under review as compared to Rs 497.22 crore for the same quarter in the previous year. Total income of the company increased by 21.11% … Read more
