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1-10 results from 1000 for query «assets»

22 September, 2018 2:17 PM Tata Steel signs agreement to acquire Usha Martin unit

Sources put the deal size at Rs 4,600 crore Tata Steel has signed agreement to acquire the steel business of Usha Martin in a deal sources put at Rs 4,600 crore. The Tata company on Saturday said it has signed definitive agreement for the acquisition. But an executive added that the final valuation will depend on impairment of some assets and risk mitigation 44

21 September, 2018 8:24 AM Bank of India invites bids for stake sale in 3 associate companies

State-run Bank of India (BoI) Friday invited bids for sale of its stake in three associate companies namely STCI Finance, SIDBI and Equifax Credit Information Services. Earlier this week, BoI said it was looking to raise nearly Rs 1,000 crore through stake sale in some of its non-core assets and real estate properties. BoI has floated a Request for Proposal 46

21 September, 2018 7:59 AM Subscribe to Aavas Financiers: Cholamandalam Securities

Aavas Financiers’s loan book grew by 78% CAGR over FY14-18 to INR 40bn. Given, the industry tailwinds like Government’s push for affordable housing (through tax incentives, budgetary allocation and CLSS scheme), the estimated shortage in housing in both rural & urban areas (43.67mn and 10mn respectively), increasing urbanization and higher disposable 45

20 September, 2018 9:59 AM Shivakumar-Jarkiholi brothers tussle could impact Karnataka Congress: Here’s how

Congress MLAs from Belagavi, Satish and Ramesh Jarkiholi meeting Karnataka CM Kumaraswamy had sparked speculations of a tussle within Karnataka Congress Speculations of a tussle within the Karnataka Congress -- and a possible rebellion -- resurfaced this week after Congress Members of Legislative Assembly (MLAs) from Belagavi, Satish and Ramesh 53

18 September, 2018 9:35 AM Portfolio managers' assets swell by 12% to Rs 14.8 lakh crore till August-end

The total assets handled by portfolio managers surged by 12 percent to Rs 14.8 lakh crore at the end of August, mainly on the back of increase in number of clients. A portfolio manager is a person or group that advises or directs or undertakes on behalf of a client, the management of a portfolio of securities or the funds of the client. According to data available 45

18 September, 2018 4:42 AM SBI to sell 8 NPAs to recover dues worth over Rs 3,900 cr

The country's largest lender State Bank of India will sell eight non-performing assets to recover dues worth over Rs 3,900 crore and has invited bids from asset reconstruction companies (ARCs) and financial institutions (FIs). "In terms of the bank's revised policy on sale of financial assets in line with the regulatory guidelines, we place these accounts 32

17 September, 2018 5:55 PM Uber in talks to buy Dubai rival Careem: Bloomberg

Uber and Careem held preliminary talks in July to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry in the region. Ride-hailing company Uber Technologies Inc is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter 50

17 September, 2018 7:58 AM Investments in mutual funds could soon become less expensive: Report

SEBI chairman Ajay Tyagi had last month said that there is scope to rationalise the total expense ratio Investments in mutual funds could become cheaper by 10-25 percent as the Securities and Exchange Board of India (SEBI) is planning to restructure the fees mutual funds charge investors, The Economic Times reported. To curb misselling of schemes, market 56

14 September, 2018 6:42 AM BOI AXA MF seeks SEBI nod for fund small cap fund

The scheme will invest at least 65 percent of its assets in equity and equity-related instruments of small cap companies BOI AXA Mutual Fund has sought the Securities and Exchange Board of India's approval to launch BOI AXA Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks. The scheme will invest at least 65 percent 48

14 September, 2018 5:14 AM Motilal Oswal MF seeks regulatory nod for fund of fund scheme

The open-ended fund of fund scheme, will invest at least 95 percent of its assets in Motilal Oswal Nasdaq 100 ETF Motilal Oswal Mutual Fund has sought the Securities and Exchange Board of India's approval to launch Motilal Oswal Nasdaq 100 Fund of Fund, according to the draft offer document on SEBI’s website. The open-ended fund of fund scheme 58