IREDA shares jump 7% on plans to raise ₹4,500 cr
The fundraising is part of IREDA’s plan to raise ₹24,200 crore in FY24-25; it garnered ₹1,500 crore via bonds in June this year.
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August 2024
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Jio Financial incorporates subsidiary for distribution of financial products; stock gains nearly 2%
The development comes nearly a month after JFSL received approval from the RBI for conversion of the firm from NBFC to a core investment company.
Hero FinCorp files DRHP with SEBI to raise ₹3,668 cr via IPO
The IPO of CEO Abhimanyu Munjal-led NBFC is a mix of fresh equities worth ₹2,100 crore and OFS of around ₹1,568 crore.
Budget 2024: Tackle NBFC challenges for MSME support: UGRO Capital MD
The MSME sector is a cornerstone of India's economic growth, marked by increased contributions and high optimism for progress,” says Shachindra Nath.
IREDA shares jump 9% to hit fresh record high post Q1
The multibagger renewable stock has risen nearly 29% in four sessions, while it rallied 63% in just 11 sessions of July.
From ₹190 to ₹304: This PSU stock surges 60% in July; hits all-time high ahead of Q1
The largecap stock, which debuted in November last year, has risen more than 850% against the initial public offering (IPO) price of ₹32 apiece.
Jio Financial shares jump 2% on getting RBI's nod to become core investment company
On November 21, 2023, JFSL had submitted an application to the RBI for the conversion from a NBFC to a core investment company.
HDFC Credila Cashes In On Rise In Study Loans
India’s education loan industry is heavily “untapped”, and Credila is a small part of a much larger market opportunity, says HDFC Credila MD & CEO Arijit Sanyal
Zomato exits lending business, withdraws NBFC application
The company said that this decision would not have a significant impact on its revenue or operations.
Education-focussed NBFC Avanse Financial files for ₹3,500 cr IPO
The IPO of Warburg Pincus-backed company comprises fresh issue of equities worth up to ₹1,000 crore and an OFS of up to ₹2,500 crore.
