Category : Search result: NBFC stake deal


Airtel promoter sells stake worth ₹7,191 crore

Bharti Airtel's promoter entity Indian Continent Investment offloads 0.56% stake for $806 million via block deal. Goldman Sachs facilitates the transaction amid S&P rating upgrade.

Delhi Police busts ₹6 crore cyber fraud, 4 held

Delhi Police uncovers major cybercrime syndicate that duped Facebook users through fake investment schemes. Four arrested for laundering crores via 33 bank accounts for Dubai-based handler.

Sammaan Capital stock up 4% after SC clarification

Sammaan Capital shares surged 4% after the Supreme Court clarified it made no negative observations. The company addressed investor concerns over a 2019 PIL, stating all loans are repaid and no investigations are pending.

Welspun's $100M Clean Energy Stake Sale via EY

Welspun World hires EY to sell majority stake in Welspun New Energy for $100M equity value. The platform holds 1.2GW contracted capacity, signaling major clean energy investment shift in India.

SoftBank stock jumps 3% after Nvidia stake sale

SoftBank shares surged nearly 3% to 20,335 yen, ending three-day losing streak after selling entire Nvidia stake for $5.83 billion to fund AI investments. Learn more about their strategy.

Top NBFCs Offering Up To 7.35% FD Rates

Compare fixed deposit interest rates from top NBFCs like Bajaj Finance and Shriram Finance. A small rate difference can boost your savings by ₹50,000 to ₹1 lakh. Make an informed investment choice today!

RBI Bans Gold Repledging in New Loan Norms

The RBI's new gold loan norms prohibit lending against repledged gold, forcing banks to wind down certain portfolios. Discover the impact on lenders and borrowers.

SBI Life NBFC Raises ₹80 Crore via NCD Allocation

SBI Life Insurance's NBFC arm successfully allocates ₹80 crore via NCDs across multiple tenures, signaling robust investor confidence and strategic financial planning in the insurance sector.

Mahindra Sells Entire RBL Bank Stake Worth ₹6.78B

Indian automotive giant Mahindra & Mahindra has completely exited its investment in RBL Bank, selling shares worth approximately ₹6.78 billion. This major financial move signals strategic portfolio repositioning.

Piramal Finance Gets Abu Dhabi Investment Boost

Jairam Sridharan-led Piramal Finance secures strategic foreign investment from Abu Dhabi's International Holding Company and Samman Capital, signaling strong global confidence in India's NBFC sector.

Airtel Shares Hit Record High After Q2 Results

Bharti Airtel shares hit unprecedented levels following robust quarterly earnings and regulatory green light for increased stake in Indus Towers. Discover how the telecom giant's strategic moves are paying off.

Groww IPO Funds: Tech, Brand & NBFC Expansion Plan

Exclusive insights from Groww CFO Ishan Bansal on how the fintech giant plans to deploy IPO proceeds across technology enhancement, brand amplification, and NBFC business expansion in competitive Indian market.

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