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Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Finance

31 May, 2021

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Non-bank lender Magma Fincorp Ltd on Monday named Serum Institute of India chief executive Adar Poonawalla as its chairman and ......

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Weekly Deal Wrap: Serum Institute's Poonawalla and Advent hot on the charts

Finance

12 February, 2021

Weekly Deal Wrap: Serum Institute's Poonawalla and Advent hot on the charts

In the second week of February, the technology, media and telecom sector continued to populate the charts which were otherwise ......

Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp

Finance

10 February, 2021

Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp

Serum Institute CEO Adar Poonawalla owned Rising Sun Holdings is acquiring a controlling stake in non-bank lender Magma Fincorp Ltd ......

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NBFCs need more funding options to boost credit growth: Panellists at VCCircle summit

Finance

25 September, 2020

NBFCs need more funding options to boost credit growth: Panellists at VCCircle summit

Non-banking financial companies (NBFCs) need a variety of funding options to achieve pre-pandemic loan disbursal levels and revive credit growth, ......

GIP may acquire IDFC PE assets; SEBI reviews PE ownership of Karvy, CAMS

General

13 November, 2017

GIP may acquire IDFC PE assets; SEBI reviews PE ownership of Karvy, CAMS

IDFC Ltd, which was looking to exit its non-core private equity portfolio, may have finally found a buyer in Global ......

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LeapFrog generates neat returns from Magma Fincorp

Finance

21 September, 2017

LeapFrog generates neat returns from Magma Fincorp

A little over two years after investing in non-banking financial company Magma Fincorp Ltd, LeapFrog Investments has made a partial ......

PE-backed Magma Fincorp to acquire JV partner's stake in tractor finance biz

Finance

18 August, 2017

PE-backed Magma Fincorp to acquire JV partner's stake in tractor finance biz

Non-banking financial company Magma Fincorp Ltd has received an approval from its board to acquire the 26% stake held by ......