Manappuram Finance
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Manappuram Finance gets SEBI notice over 2013 'insider trading'; shares fall up to 11%
•Indian lender Manappuram Finance Ltd said on Friday it got a show-cause notice from the market regulator alleging that its officials disclosed price-sensitive information to a research analyst firm in 2013
World Bank arm IFC extends $35 mn 3-year loan to Manappuram Finance; first investment in gold loan finance company
•IFC said the investment in the gold-loan sector comes at a time when the sector is becoming more formal
Manappuram Finance gets Rs 695 crore funding from NABARD; funds to be used for lending to MSMEs
•Manappuram Finance will deploy the funds for onward lending to micro, small and medium enterprises (MSME) and microfinance sector under priority sector lending
Manappuram Finance kick-starts doorstep gold loan delivery to customers in Delhi, Mumbai
•The company will offer the doorstep gold loan facility across 50 branches each in Mumbai and in Delhi, it said in a release.
Muthoot Microfin raises Rs 562 cr via securitisation; state-run banks buy Rs 845 cr of firm's portfolio this fiscal
•With this, the total amount raised through securitisation by the IPO-bound Muthoot Microfin has crossed Rs 1,300 crore during the first nine months of the fiscal.
Nifty, Sensex rise in special 'muhurat' trading session on Diwali; global cues buoy indices, auto stocks up
Fp Staff •In Samvat 2074, the S&P BSE Sensex gained eight per cent on a year-on-year basis, while the Nifty50 rose 3.8 per cent.
NBFC, housing finance stocks continue to slide on worries over liquidity constraints
•Shares of housing finance and NBFC companies had dropped as much as 23.5 percent on Tuesday, led by DHFL, on fears of a liquidity crisis. These stocks fell in Monday's trading session as well.
Manappuram Finance to acquire 85% stake in ISFC for Rs 212 cr; acquisition to be a key growth driver for co
•ISFC, which lends to educational institutions, including private schools, vocational colleges, and institutes, coaching centres to build infrastructure, had assets under Management (AUM) of Rs 522.59 crore in FY 2018
Manappuram Fin NCDs: High yield with high credit risk
Fp Archives •The company's stock price has collapsed by 80 percent since July 2011 after a 12-fold rise during 2008-11.
Sensex opens in green with slight gains; Jet Airways up 4% on deal hopes
Fp Staff •The Indian equity markets opened sluggishly following suit with the global markets. Sensex opened 18772.72, up 0.22 percent and the Nifty opened at 5701.90, up 0.23 percent.