NBFC

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended the Mines and Minerals (Development and Regulation) Act, 1957 (“MMDR”), to restrict the imposition of...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced in August 2022. Since then, people in and around the village have been protesting and...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in the inaugural Economic and Financial Dialogue with H.E. Mr. François-Philippe Champagne, Minister of Finance and National Revenue...

Sundaram Home Finance expects good growth this year

Sundaram Home Finance net profit increased 37 per cent to Rs 85 crore in the first quarter of FY2026-2027 from Rs 62 crore in...

Tata Capital forays into gold loans

Tata Capital will acquire a majority stake in Yogloans through a combination of capital infusion and share purchase from existing shareholders. The transaction is...

RBI keeps a tight vigil on gold prices and loan growth

Gold loans have emerged as the largest segment within non-housing retail loans, growing at a compounded annual growth rate (CAGR) of 42.4 per cent...

PFC, REC merger approved

The merger of REC into PFC will create a financing entity with an aggregate loan book of over Rs 11 lakh crore, according to a statement. The Share Exchange Ratio...

TVS Holdings flags challenges in moped demand

Accounting for just 2-4 per cent of two-wheeler sales, mopeds are primarily sold in South India, with TVS Motor Company Limited as the sole...

Sundaram Home Finance to open 25 Emerging business branches

The company crossed the milestone of 100 Emerging Business (EB) branches last year. The new branches will come up in Tier 3 and 4 towns...

Sundaram Finance charts strategic roadmap

‘Sundaram 75’ strategic roadmap includes diversification into other secured products such as gold loans, accelerating used vehicle financing, increasing financing to micro, small and...

Spandana Sphoorty turns profitable after 6 quarters

“The microfinance sector has turned a tough corner after a long spell of challenging times. As the market conditions improve, Spandana’s key indicators continued...

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No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

FM Sitharaman to visit Canada, US

During her visit to Toronto, Canada,  Sitharaman will participate in...

UPI completes 10 years

Annual transaction volume expanded from just 1.78 crore transactions...

TCS lands major deal from Porsche

The acquisition will strengthen TCS’ presence in the German...