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Shriram Group to merge all financial services biz to create India's largest retail finance NBFC

Consumer

13 December, 2021

Shriram Group to merge all financial services biz to create India's largest retail finance NBFC

Shriram Group on Monday announced the merger of Shriram Capital Ltd (SCL) with Shriram City Union Finance Ltd and Shriram ......

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What valuation did brokerage firm Way2Wealth fetch as it gets a buyer?

Finance

20 November, 2020

What valuation did brokerage firm Way2Wealth fetch as it gets a buyer?

Way2Wealth Securities Pvt. Ltd, a Bengaluru-based stock broking company, is changing ownership after Coffee Day Enterprises Ltd signed a pact ......

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Shriram Transport parent nominates PE exec ousted from board

Finance

27 August, 2020

Shriram Transport parent nominates PE exec ousted from board

Shriram Transport Finance Corporation (STFC) and its promoters have nominated for re-induction as a director an executive of private equity ......

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Shriram Group expands stock broking business with an acquisition

Finance

23 January, 2020

Shriram Group expands stock broking business with an acquisition

Chennai-based Shriram Group is acquiring a securities broking company in a deal that will help the financial services conglomerate expand ......

Grapevine: Lupin looks to sell Japan unit; CDPQ plans InvIT for road assets

General

01 November, 2019

Grapevine: Lupin looks to sell Japan unit; CDPQ plans InvIT for road assets

Drugmaker Lupin Ltd is in advanced talks to sell its Japanese generics subsidiary, Kyowa Pharmaceutical Industry Co. Ltd, to a ......

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

General

29 October, 2019

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

Oyo Hotels and Homes CEO Ritesh Agarwal and CFO Abhishek Gupta have likely created a separate vehicle for their personal ......

TPG, Piramal Enterprises look to exit Shriram Capital

Finance

25 June, 2019

TPG, Piramal Enterprises look to exit Shriram Capital

Private equity firm TPG Capital and billionaire Ajay Piramal-led Piramal Enterprises Ltd are looking to exit Shriram Capital Ltd, the ......

IDFC, Shriram Group end merger talks over valuation differences

Finance

30 October, 2017

IDFC, Shriram Group end merger talks over valuation differences

Financial services conglomerates IDFC Group and Shriram Group have called off negotiations for a proposed merger of some businesses and ......

Shriram, IDFC extend exclusivity period on proposed merger

Finance

05 October, 2017

Shriram, IDFC extend exclusivity period on proposed merger

Financial services conglomerates Shriram Group and IDFC Group have extended their 90-day confidentiality and exclusivity agreement for a potential merger ......

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How would the IDFC-Shriram merger play out for PE investors?

Finance

11 July, 2017

How would the IDFC-Shriram merger play out for PE investors?

The proposed merger of various businesses of IDFC Group and Shriram Group will not only drastically change the financial services ......