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About 19 results for "magma fincorp limited"

FM presented his maiden budget: Magma Fincorp

To ensure greater fund availability and reduce costs for private sector and encourage them to make fresh investments for growth. The FM has done a commendable job within the constraints of fiscal space available to him. He has reiterated the need to ... India Infoline, 2 weeks ago

Magma may dilute stake in insurance JV from 74% to 51%

Magma Fincorp Ltd may dilute stake in its general insurance joint venture, Magma HDI General Insurance, in favour of Germany-based foreign partner to fuel aggressive growth. "HDI is committed to increasing its stake to permitted FDI level in ...
 Business Standard India2 weeks ago

Non-deposit taking NBFCs rally as RBI relaxes rules

MUMBAI: Shares of Magma Fincorp, Muthoot Finance and Manappuram Finance surged after the Reserve Bank of India made rules easier for non-banking financial companies (NBFCs) that do not collect public deposits by allowing them to act as business ...
 Economic Times1 month ago

MAGMA FINCORP : looking to raise Rs 500 crore

CHENNAI : Kolkata -based non-banking financial company Magma Fincorp is looking to raise Rs 500 crore this fiscal year and to grow its business in Tamil Nadu . The company, which has a presence in semi-urban and rural Tamil Nadu , is looking to ...
 4 Traders4 days ago

Muthoot, SKS Fin, Manappuram up 4-8% on RBI's NBFC norms

I The central bank allowed these companies to offer limited services with the aim of spreading financial inclusion. So far, NBFCs could not be appointed as BCs, which provide limited services on behalf of banks in unbanked areas. The RBI said ...
 Moneycontrol.com1 month ago

Update: IFC, Existing Investors Invest In MFI Suryoday

Pune based MFI @Suryoday Private Limited has raised INR 270 Mn in a fresh round of funding from @IFC and existing backers impact investment firms @Lok_Capital and @Aavishkaar_Goodwell Limited. The funding which involved INR 150 Mn from IFC and ...
 Deal Curry1 month ago Suryoday Microfinance raises $4.5M in fresh round of funding from IFC...  VC Circle1 month ago

TUBE INVESTMENTS OF INDIA : India Capital Sells Stake In Tube Investments

India Capital Fund has trimmed its stake in @TubeInvestmentsIndia Limited selling 1.1 million shares for over R24.20 Cr in the open market transction. The sale cuts its stake by almost half to 0.738%. In May 2013 , the Fund had purchased 1357222 ...
 4 Traders2 months ago India Capital Sells Stake In Tube Investments  HispanicBusiness.com2 months ago

Affordable housing loans to be cheap: Which stocks to buy?

The Reserve Bank of India has eased financing norms for infrastructure and affordable housing sector as it has opened up credit availability. Following the new norms for the sector, home loans for affordable housing projects are likely to get ...
 Moneycontrol.com1 week ago Affordable housing to get cheap: Which stocks to buy, sell?  Moneycontrol.com1 week ago

Consumer forum directs insurance firm to cough up Rs 8.6 Lakh for stolen truck

The Central Mumbai district consumer forum recently ordered the ICICI Lombard general insurance company to pay a Wadala resident Rs 8,51,561 with nine per cent interest from September 2012 as compensation for a stolen truck belonging to her late ...
 DNA India2 weeks ago
Livemint.com

ChrysCapital looks to raise seventh fund next year

Since inception, ChrysCapital has made seven investments in pharmaceutical firms and has been one of the most active investors in the space. Mumbai: ChrysCapital Management Co., the high-profile home-grown private equity (PE) firm with ...
 Livemint.com1 month ago
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