In a strategic move to meet the highest-ever disinvestment target of Rs 1.05 lakh crores for the fiscal year 2019-20, the NDA government is not only looking at selling assets of Central Public Sector Enterprises (CPSEs) but also strategic disinvestment in profitable state-run behemoths. In 2001-02 the Vajpayee government ceded ownership of a handful of …
[vc_row][vc_column][vc_column_text] YES Bank board on its meeting held yesterday given it nod to raise nearly $2 billion. The bank would raise nearly more than half of it or $1.2 billion in a share sale with a Canadian billionaire Erwin Singh. The rest will be bought by private equity investors including Citax Holdings Ltd & Citax …
[vc_row][vc_column][vc_column_text] Stock prices of Future Group companies gained higher in the early morning deals on Friday, a day after the Competition Commission of India (CCI) gives a go ahead to Amazon.com NV Investment Holdings to acquire 49% in future group-owned Future Coupons (FCL). Future Coupons is a subsidiary of Future Group, which owns 7.3 percent …
Future Group stocks spikes up to 19% on CCI approval to Amazon-Future Coupon deal Read More »
[vc_row][vc_column][vc_column_text] Financial Express? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Published On: November 28, 2019 By Rahul Agarwal, Director, Wealth Discovery/EZ Wealth While owning a home is typically the dream of every Indian, you should do the math properly, …
Wait! Buying Vs Renting House ? Which is more profitable? – Financial Express Read More »
[vc_row][vc_column][vc_column_text] The second-largest credit card provider in India – SBI Cards and Payment Services Ltd, the credit card subsidiary of State Bank of India (SBI), filed plans for an initial public offering (IPO) with the markets regulator SEBI and stock exchanges on November 26? 2019. The share sale is poised to become the fifth largest …
SBI’s credit card business plans IPO to raise nearly Rs 9,500 crores Read More »
[vc_row][vc_column][vc_column_text] Company Background Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. USFB Bank is promoted by Ujjivan Financial Services Limited (UFSL). SFB started its operations by the name UFSL in 2005 with NBFC business and got approval from RBI in 2015 to establish an …
[vc_row][vc_column][vc_column_text] Below table shows the aggregate corporate performance for Q2-FY20 for a sample of 2,398 companies: There is a significant decline in the number of industries recording positive net sales growth and net profit growth. Services led industries like private banks, telecom ? service provider, hospitals & healthcare services, IT software, retail, housing finance have …
