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Shriram City Union Rs 750 crore NCD offer opens tomorrow        10th-Aug-2011
Non-banking finance company Shriram City Union Finance (SCUF) today said it will raise up to Rs 750 crore through a non -convertible debenture (NCD) issue which opens for subscription tomorrow.
Essar group firm ISL plans to delist from stock exchange       9th-Aug-2011
Essar group-owned India Securities Ltd (ISL) plans to delist from the stock exchange, a move that would help the promoters to consolidate the firm with other unlisted group investment entities.
Shriram City Union to raise Rs 750 crore via NCDs       8th-Aug-2011
Shriram City Union Finance (SCUF), a Chennai-based non-banking finance company (NBFC), is planning to raise Rs 750 crore through retail non-convertible debentures (NCDs). With a face value of Rs 1,000 each, the public issue is offering 12.10% per annum
Magma eyeing 50% growth in disbursements this fiscal       5th-Aug-2011
Aiming at a 50% growth, Magma Fincorp today said it plans to romp up disbursements around Rs 8,000 crore nationally this financial year, of which about Rs 375 crore would be in Kerala.
Shriram Transport hints to pass hike, hopes 15% loan growth         27th-Jul-2011
As banks are all set to pass the bill from the Reserve Bank’s shocking 50 basis point rate hike, M Parag Sharma, CFO of Shriram Transport Finance Company hints a rate hike as well, adding that when the company will continue to borrow at high rates, borrowers
Shriram City Union files draft prospectus for NCD       25th-Jul-2011
Non-banking finance company Shriram City Union has filed the draft prospectus for public issue of secured non-convertible debentures (NCDs) up to Rs 750 crore.
Shriram City Union Finance files DRHP for NCD issue       25th-Jul-2011
Shriram City Union Finance, one of the country’s leading deposit-accepting NBFC registered with RBI, has filed a draft prospectus with the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE).
Manappuram Fin in 10-yr transformational IT deal with IBM       14th-Jul-2011
Manappuram Finance, claiming to be the country's first listed and highest credit rated gold loan company, has inked a 10 year multi-million dollar deal with IBM to transform its IT systems in support of its aggressive growth plan.
Bajaj Finance may launch $80.5m QIP in Sept quarter       13th-Jul-2011
Financial services provider Bajaj Finance expects to launch a share sale to qualified institutions to raise as much as Rs 3.6 billion (USD 80.5 million) in the September quarter, its chief executive officer told Reuters on Wednesday.
Sundaram Finance aiming for modest growth this fiscal       13th-Jul-2011
With fuel price hikes and inflation dampening demand for commercial and passenger vehicles, non-banking finance company Sundaram Finance today said it aims for "modest" growth in loan disbursements this fiscal.
Magma Fincorp aims to grow loan disbursement by 50% in FY12         7th-Jul-2011
V Lakshmi Narasimhan, CFO of Magma Fincorp, in an interview with CNBC-TV18’s Sonia Shenoy and Latha Venkatesh, said that the company intends to grow its loan disbursement by 50% in FY12. He also stated, "This year, we target to keep the net interest margins
Viom may explore merger possibility with GTL Infra: SREI         6th-Jul-2011
On talks of Viom Networks exploring the possibility of a merger with GTL Infra, Sunil Kanoria, director of SREI Infrastructure said it was too soon to comment on the same. However, he added that the company was exploring avenues that will add value to
Magma to lend Rs 10,000 cr in FY12       5th-Jul-2011
Non-banking finance company Magma Fincorp Limited today said it aims to lend Rs 10,000 crore in current fiscal, up 50% from what it advanced last fiscal, especially to tractors, car and SME segments.
Shriram Transport soars 6% on investors confidence       1st-Jul-2011
Shares of Shriram Transport Finance Company (STFC) on Friday rose nearly 6% to Rs 653 after the successful closure of retail non-convertible debenture (NCD) issue helped gain investors confidence about the company, said analysts tracking non-banking finance
Shriram Transport NCD oversubscribed by 5 times       30th-Jun-2011
Shriram Transport Finance non-convertible debentures issue of Rs 500 crore (with a green-shoe option of Rs 500 crore) has been subscribed by over five times. The coupon rate was 11.3-11.6% depending upon the tenure.

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BHEL Q4 net drops 4.2% at Rs 3327 c... May 23
Tata Steel's Q4 loss at Rs 6528 cr ... May 23 Watch Video
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