Idfc

Emami promoters sell 10% stake for Rs 1,600 cr to SBI MF, L&T MF, PremjiInvest, others

The Emami Group on Monday said its promoters have sold 10 percent stake in the flagship firm Emami Ltd for around Rs 1,600 crore

RBI bars Bandhan Bank from opening new branches, freezes CEO's salary for not meeting licensing conditions

Bandhan Bank said it is taking steps to comply with licensing condition to bring down the shareholding of Non-Operative Financial Holding Company (NOFHC) in the bank to 40 percent

Bandhan Bank files for Rs 2,500 cr IPO: Charting the institution's growth from a micro lender to bank

In April 2014, Bandhan was one of the two entities, another was IDFC, that won banking licence from the RBI defeating big companies in the fray

Bandhan Bank files for IPO, to raise over Rs 2,500 cr in biggest banking IPO till date

The issue, which is the touted as the biggest banking sector IPO till date, is expected to raise over Rs 2,500 crore

IDFC, Shriram Group merger called off over differences in deal valuation

In July, infrastructure lender IDFC, which entered the banking space in 2015, and Piramal Group's financial services firm Shriram entered an agreement for a merger plan to create the largest retail-focussed bank in the country

New India Assurance's Rs 10,000 cr IPO to hit market in first week of November; more insurers to follow

The offer comes soon after the Rs 11,370 crore IPO of General Insurance Corp. of India Ltd (GIC Re), which will be listed on 25 October. It has already been oversubscribed by over 1.35 times.

How safe do citizens feel in India's metro cities? 87% people in Delhi start worrying if girls aren't home by 9 pm

The National Crime Records Bureau (NCRB) provides information on crime recorded by the police but there is no data source to gauge if people perceive their neighbourhoods to be safe or not

IDFC-Shriram merger deal likely to be reworked amid opposition from select shareholders, says Ajay Piramal

In July, IDFC and the Piramal Group-backed financial services major Shriram Group had agreed to merge

Over 90% thefts in Indian mega cities are never recorded, says study; least FIRs filed in Delhi

Only six-eight percent of victims of theft in four major Indian cities lodged a first information report (FIR) with the police, according to a new study. The remaining 92-94 percent are not reflected in any official record.

Shriram Capital-IDFC Bank merger: Both groups have lot of complementarities, says Ajay Piramal

Two groups had already announced that the boards of Shriram Group and IDFC entered into an exclusivity arrangement for 90 days to jointly explore the possibility of merger.