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MUFG Bank of Japan to pick up a 20% stake in Shriram Fin for Rs 39,618 cr

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This will yet be the largest FDI (foreign direct investment) deal in the non-banking finance sector. The board of Shriram Finance Ltd. (SFL), on Friday,...
Finance

Piramal Finance to sell its stake in Shriram Life to Sanlam

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Sanlam Emerging Markets (Mauritius) Ltd. is a 100 per cent subsidiary of Sanlam Emerging Markets Pty (Ltd) and is part of the Sanlam Group. The...
Corporate

Reliance Consumer picks up majority stake in Udhaiyam

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The release, however, did not disclose the exact stake that the Reliance Consumer has picked up in Udhaiyams Agro Foods Private Ltd. Folowing the...
Economy

Fix trade matters to end Re-$ issue, tells Rangarajan

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Putting the falling rupee in perspective, he said that the resolution of the trade issue was imperative to sort out the exchange rate issue...
Trade

Stalin seeks PM help to end tariff imbroglio with US

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The tariffs are severely affecting key export sectors in Tamil Nadu and putting thousands of jobs at risk, he said. In his letter, the Chief...
Nuclear Power

Step up share of nuclear energy, tells M.K. Narayanan

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Delivering the keynote address on the role of nuclear energy in the future energy mix, Narayanan said nuclear power currently accounted for only about...
Corporate

Pet Prakalp India rises Rs 14 cr in Series A round

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The capital raised will be utilised to expand manufacturing infrastructure, scale production capacity and strengthen internal capabilities. The company also plans to onboard specialised...
Insurance

Galaxy Health Insurance launches Galaxy Twin 360

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Galaxy Health Insurance is jointly promoted by Venu Srinivasan of the TVS family and by the family of VJagannathan( former  chairman of the Star...
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