Manappuram Finance donates Rs. 2 crore for flood relief to Kerala Chief Minister’s Distress Relief Fund

Chennai: Manappuram Finance Ltd. has made a contribution of Rs 2 crore in aid of flood-hit Kerala. The Managing Director and CEO of the company, Shri V.P. Nandakumar handed over the cheque to Kerala Chief Minister Pinarayi Vijayan at the Government Secretariat in Thiruvananthapuram. “As a responsible corporate citizen with deep roots in Kerala, we … Read more

RK Group Ventures in to Home Finance Business with the Launch of Wonder Home Finance Ltd.

Commencing business by setting up 29 branches across Rajasthan and planning to begin operations in Gujarat, Maharashtra & Madhya Pradeshin Financial Year 2018-19. Udaipur : RK Group, one ofcountry’sleading diversified businesshouses, having headquarters in Kishangarh,Ajmer, Rajasthan, todayannounced the Launch of Wonder HomeFinance Limited,WHFL, under a license received from the National Housing Bank. This will empower … Read more

Former Finance Minister P Chidambaram appears before ED

Former Finance Minister P Chidambaram today appeared before the Enforcement Directorate (ED)  for the second round of questioning in the Aircel-Maxis money laundering case.  The senior Congress leader arrived at the ED’s headquarter annexe office in New Delhi.He was summoned for today after he was first questioned on June 5 by the agency, a department … Read more

Finance Minister Arun Jaitley attacks Congress over impeachment attempts

Finance Minister Arun Jaitley launched a scathing attack against the Congress after the petition filed by its MPs against Rajya Sabha Chairperson Venkaiah Naidu’s decision to rejection the impeachment notice versus Chief Justice of India Deepak Misra was dismissed as withdrawn by the Supreme Court. Two Congress MPs on Monday withdrew their plea in the … Read more

12th informal meeting of SAARC Finance Ministers held in Manila

The meeting was attended by the Finance Ministers/Heads of Delegations from the SAARC member states. Finance Minister of Nepal Yuba Raj Khatiwada chaired the meeting. According to a press statement issued by the SAARC Secretariat, Khatiwada underscored the need of concerted efforts to attain the objective of South Asian Economic Union as desired by the … Read more

Shriram Transport Finance raises Rs 500 crore on private placement basis

Shriram Transport Finance Company has raised funds worth Rs 500 crore on private placement basis. The Allotment Committee – NCDs of the company in its meeting held on March 06, 2018, has approved and allotted 5,000 Secured Redeemable Rated Listed Non-Convertible Debentures of face value of Rs 10 lakh each, aggregating to Rs 500 crore. … Read more

Bajaj Finance raises Rs 485 crore through private placement

Bajaj Finance has raised funds aggregating to Rs 485 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on October 31, 2017, has allotted 4850 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 485 crore. Bajaj Finance, the lending and investment arm … Read more

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