Jio Financial Services shares rise on bond issue plan
The financial services arm of Reliance Industries is looking to raise up to ₹10,000 crore through its maiden bond issue.
financial services
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PE funds prioritise fintech, banking, NBFC investments: Grant Thornton
Investors are showing interest in credit-based financial companies with strong profitability indicators, but they are still hesitant to make new investments until they gain more confidence.
Hitting The Refresh Button At L&T
S.N. Subrahmanyan is increasing the share of services — financial & IT — in order to increase the margins of the conglomerate.
Bajaj Finance’s Fire Fighter
Rajeev Jain has led the Pune-headquartered company’s digital transition and launched new lines of businesses, adding to its heft.
Religare Enterprises plunges 7% as Burmans announce open offer at 13% discount
The Burman group, through its group entities, will acquire another 26% stake in Religare Enterprises at an offer price of ₹272.45 per share, amounting to ₹2,116 crore
BFSI rides on AI push
Nearly 87% of financial services consumers begin their journey online, with two-thirds finding online channels more helpful for purchase decisions
SBFC Finance makes strong debut; surges 66% post listing
The share price of SBFC Finance listed at ₹82 on the NSE, a premium of 43.8% against the IPO price of ₹57 apiece.
Uday Kotak in no hurry to unlock value in subsidiaries
Founder-CEO feels an integrated bank is a better proxy to play India financial services story and counter cyclicality
Aditya Birla Capital stock jumps 3% on ₹1,250 cr fund infusion by promoter
Last month, the board of Aditya Birla Group company had approved raising ₹3,000 crore in funding through equity and debt routes in one or more tranches.
The story of Alice Blue Financial Services: A journey of ascent from sincere modest beginnings to spearheading Indian stockbroking
The company's motto of "growth inevitable" helped it achieve an impressive year-on-year growth of 245% in trade numbers and 275% in UCC accounts in 2019-20
