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L&T Finance likely to apply for new banking license       27th-Sep-2011
L&T Finance, the non-banking finance arm of the infrastructure major Larsen & Toubro has hinted at applying for RBI's new banking license. The Reserve Bank of India has already charted out the draft guidelines for it in August. Amongst top prviate players,
Muthoot Finance sees another 3-4% correction in gold         27th-Sep-2011
George Alexander Muthoot, managing director, Muthoot Finance joins CNBC-TV18 to opine on the fluctuating price of gold and the way forward for his company as a result of the volatility in the supposed safe haven.
ADAG mulls stake sale in Rel Cap AMC to Nippon         27th-Sep-2011
Shares of Reliance Capital soared over 5% in late morning trade after the company announced plans of value unlocking in its general insurance business.
Goldplus launches 'Swarna Samridhi' in tie-up with Muthoot       15th-Sep-2011
Jewellery chain Goldplus from Tata Group today announced launch of a new scheme 'Swarna Samridhi' for Andhra Pradesh market in alliance with Muthoot Finance, a gold loan company.
IRDA nod for Reliance Cap sale of 26% in insurance biz       14th-Sep-2011
The Anil Ambani Group's financial services arm Reliance Capital today said it has received in-principle approval from insurance sector regulator Insurance Regulatory Development Authority for its proposed 26% stake sale in Reliance Life Insurance to Japan's
Reliance Capital gets nod to sell life insurance arm stake       14th-Sep-2011
Reliance Capital seems to have moved closer in selling stake in its life insurance business. The Anil Ambani group company has received in-principle approval from IRDA (Insurance Regulatory Development Authority) to sell 26% stake in Reliance Life Insurance
L&T Finance in pact to offer receipt financing       12th-Sep-2011
L&T Finance today tied up with National Collateral Management Services (NCMSL) to provide receipt financing, which involves collateral management and warehousing services, to farmers and small businesses.
India has potential to grow at 7.5-8%: India Inc         7th-Sep-2011
India, though resilient, is not completely unaffected from the macro economic worries plaguing the global economy. But are these concerns justified? According to YM Deosthalee, CMD of L&T Fin Holdings, India can achieve 8% growth.
Religare Enterprises to infuse Rs 300cr into subsidiary       6th-Sep-2011
Healthcare and financial services major Religare Enterprises will infuse Rs 300 crore equity into Religare Finvest in the current fiscal to support the growth plans of its subsidiary, company officials said today.
Religare Finvest plans to raise Rs 800 cr via NCDs       5th-Sep-2011
Religare Finvest, a wholly owned subsidiary of Religare Enterprises is raising Rs 400 crore through secured non-convertible debentures or NCDs of face value of Rs 1,000 crore for a three and five year period. The company has the option to retain an oversubscription
Will hold talks with RBI on banking foray: L&T Fin         5th-Sep-2011
The new banking license guidelines are in-line with our expectations, said YM Deosthalee, chairman and managing director of L&T Finance Holdings.
Have right credentials for banking license: Religare's CMD         3rd-Sep-2011
One of India's most ambitious and diversified financial services groups, Religare Enterprises, is a group that is eying a banking license and a group that believes it should get a banking license, says the chairman and managing director Sunil Godhwani.
Nippon may hold 26% in Rel Cap AMC post deal         2nd-Sep-2011
Reliance Capital on Thursday said it has agreed to evaluate its strategic partnership with Japanese insurance major Nippon Life. The unit of billionaire Anil Ambani-controlled financial services firm Reliance Capital is looking at this tie-up from a distribution
Reliance Capital, Nippon Life in pact for possible tie-ups       1st-Sep-2011
Reliance Capital on Thursday said it has agreed to evaluate all collaboration opportunities, including strategic partnership, with Nippon Life across all its financial businesses.
India Inc gears up for bank licence battle       30th-Aug-2011
Indian corporate houses, eager to enter the banking sector, are gearing up to battle for the few licences that the Reserve Bank of India (RBI) is likely to issue.

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Jet Airways, SpiceJet report losses... May 25
SpiceJet narrows March quarter loss... May 24
Crompton Greaves Q4 net plunges 75%... May 24
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SpiceJet likely to post Q4 net loss... May 24
Crompton Q4: Analysts expect 30% fa... May 24
Factors that will impact JSW Steel'... May 23
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Hotel Leela plans to cut down debt ... May 24 Watch Video
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JSW Steel confident of 9-10% growth... May 23 Watch Video
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Tata Steel may not maintain Q4 EBIT... May 24 Watch Video
Tata Steel stock gains: How brokera... May 24
How to play SBI after Q4 results mi... May 23 Watch Video
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Indian pharmas gain on N America bo... May 09 Watch Video
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Buy Reliance Infra; target of Rs 64... May 24
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Buy Entertainment Network: Ventura... May 24
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Dip in Q4 net fails to dent L&T's m... May 22 Watch Video
Excise duty, higher input costs hur... May 21 Watch Video
We will refocus on growth in 2013-1... May 13 Watch Video
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Source : Dion Global Solutions Limited
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