DHFL shares drop 18% after the NBFC struggles with liquidity and project finance loans

Dewan Housing Finance Corporation (DHFL) went down 18 per cent to Rs 107 in the early trade on Wednesday on the BSE after the non-banking finance company (NBFC) stopped... Read more »

IIFL Holdings consolidated profit shoots 23% to Rs 1,252.90 crore in fiscal year 19, revenue up 16%

IIFL Holdings on Wednesday achieved a 23 per cent year-on-year growth in consolidated profit after tax (PAT pre-minority) at Rs 1,252.90 crore for the financial year 2018-19, backed by... Read more »

Atul Kirloskar and Rahul Kirloskar under SEBI scanner for insider trading?

Among the most accomplished of business groups in Maharashtra, the Kirloskar’s have been facing some turbulence among its family members. As reported by the Economic Times recently, it has... Read more »

Edelweiss announces Rs. 10,000 million Public Issue of NCDs

 ECL Finance Ltd (ECLF), the NBFC arm of Edelweiss Group has announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each,... Read more »

Shriram Transport to raise upto Rs. 1350 crore through public issue of NCDs

Shriram Transport Finance Company Limited, one of the largest asset financing NBFC in the country, with a primary focus on financing pre-owned commercial vehicles is proposing a public issue... Read more »

Floods to have a significant impact on the Kerala economy: Acuité Ratings

Acuité Ratings believe that the catastrophic floods that lashed Kerala in August will have a significant impact on the economy of the state. The intense and incessant spate of rainfall for... Read more »

Anchit Lakhotiya to Head Lonestar RattanIndia Entity Real Estate vertical

Lonestar RattanIndia Real Estate Fund has appointed Anchit Lakhotiya, an experienced real estate banker, to head the real estate vertical. RattanIndia Finance, a joint venture between Lone Star, a leading... Read more »