Date | Title | Description |
04.06.2025 | GyanDhan: Bridging the Education Financing Gap in India | In the vast landscape of education financing, GyanDhan stands as a beacon of hope. This New Delhi-based platform is on the verge of a significant transformation, fueled by a recent funding round nearing USD 6 million. With Pravega Ventures ... |
03.06.2025 | GyanDhan secures Rs 50 Cr in Series A funding from Classplus, Pravega Ventures | Education financing platform GyanDhan has secured Rs 50 crore in Series A funding in its recent round, with investments from edtech company Classplus and venture capital firm Pravega Ventures.
The funding will help GyanDhan expand its opera... |
26.05.2025 | GyanDhan Nears USD 6 Mn Funding Round Led by Pravega Ventures and Classplus Early backers of the company include Gray Matters Capital, Sundaram Finance, and prominent angel investors such as Satyen Ko... | GyanDhan, a New Delhi-based education-finance platform, is in the final stages of raising approximately USD 6 million in a new funding round, according to Entrackr media resources.
"Pravega Ventures and Classplus are jointly leading a ... |
21.05.2025 | Sundaram Finance’s green mobility financing portfolio grows to ₹2,000 crore | - |
29.04.2025 | Sundaram Finance to revise deposit interest rates from May 1 | - |
24.04.2025 | India's BFSI sector grows over 50 times in two decades, share of banks reduced due to NBFCs: Report | - |
07.02.2025 | Max Financial Services reports 8% growth in consolidated revenue^ in 9M FY25 rising to ₹34,106 crore; Axis Max Life Insurance's Total APE grew 26% | Noida, Uttar Pradesh, India
Axis Max Life 9M FY25 Highlights:
New Business Premium*: ₹8,091 crore, up 16%; Proprietary channels APE grew by 41%;
Gross Written Premium: ₹21,360 crore, up 14% YoY
Embedded Value at ₹24,129 crore, grows 29% wit... |
05.02.2025 | TVS Holdings Expands Financial Footprint with Home Credit Acquisition | In a bold move, TVS Holdings Ltd has secured an 80.74% stake in Home Credit India Finance Private Ltd for ₹554 crore. This acquisition is more than just numbers; it’s a strategic leap into the heart of India’s financial services sector. The... |
03.02.2025 | Sundaram Finance posts 16% rise in Q3 net at ₹349 cr, declares 140% dividend | Sundaram Finance Ltd (SFL) posted a 16 per cent rise in standalone net profit to ₹349 crore for the quarter ended December 31, 2024, compared to ₹300 crore in the same period last year. The growth was driven by a higher operating profit on ... |
03.02.2025 | TVS Holdings completes 80.74% stake acquisition of Home Credit for ₹554 crore | TVS Holdings Ltd has announced the completion of the acquisition of an 80.74 per cent equity stake of Home Credit India Finance Private Ltd for ₹554 crore. The remaining 19.26 per cent of the equity stake has been purchased by Premji Invest... |
30.01.2025 | Tata Steel's Ambitious Expansion: A Steel Giant's Vision for Odisha | Tata Steel is setting its sights on Odisha, a state rich in resources and potential. The company plans to add 10 million tonnes per annum (mtpa) of steel production capacity in the long term. This ambitious move comes on the heels of a rece... |
28.01.2025 | Tata Steel plans to add 10 mtpa capacity in Odisha | Tata Steel plans to add 10 million tonne per annum (mtpa) of fresh capacity in Odisha in the long term. The company is in the process of ramping up 5 mtpa of capacity commissioned recently.
Initially, the company commissioned a 3 mtpa plant... |
20.01.2025 | Sundaram Home expands presence in Chennai region, aims ₹50 cr disbursements | Sundaram Home Finance has expanded its presence in the Chennai region with the opening of a new Emerging Business (EB) branch in Tambaram, marking the company’s second branch in the city.
The EB division of Sundaram Home Finance specializes... |
15.01.2025 | Sundaram Alternates crosses ₹1,000 crore-mark with real estate fund IV | Sundaram Alternates, part of the Sundaram Finance Group, announced that it has recently surpassed the ₹1,000-crore milestone in fundraising for its Sundaram Alternative Opportunities Series – High Yield Secured Real Estate Fund IV.
The SA R... |
18.11.2024 | Sundaram Home Finance targets solid growth in west TN; opens new EB branch in Pollachi | Sundaram Home Finance is targeting to penetrate deeper into smaller towns in Tamil Nadu over the next 12 months to strengthen presence in its stronghold in the State.
Buoyed by its early success in Coimbatore, where it had opened a branch l... |
04.11.2024 | ₹2000 note withdrawal: Only 2% remain in circulation | The Reserve Bank of India (RBI) on Monday said 98.04 per cent of the ₹2000 banknotes in circulation as on May 19, 2023, had been returned by October 31, 2024, with the remaining notes in circulation continuing to be legal tender.
The centra... |
04.11.2024 | Sundaram Finance reports a 7% drop in Q2 profit, H1 profit stays flat | Sundaram Finance recorded a 7 per cent decline in standalone profit after tax (PAT) to ₹340 crore for Q2 ending September 30, 2024, down from ₹366 crore in the same period last year amid a significant rise in interest income, which grew 25 ... |
30.10.2024 | Sundaram Alternates’ Athreya on AUM target, fund strategies and more | Premium
Karthik Athreya, director and head-strategy for alternative credit, Sundaram Alternates
Chennai-based Sundaram Finance’s alternative investment arm Sundaram Alternate Assets floated its latest credit vehicle earlier this month. The ... |
23.10.2024 | Max Financial Services Reports 30% Growth in Consolidated Revenue^ in H1 FY 25 Rising to ₹25,178 Crore; In Q2 Max Life Insurance's Total APE Grew 31% and VNB by 23% | Noida, Uttar Pradesh, India
Max Life H1 FY25 Highlights
New Business Premium*: ₹5,091 crore, up 19%; Proprietary channels APE grew by 51%
Gross Written Premium: ₹13,137 crore, up 14% YoY
Embedded Value at ₹23,338 crore, grows 30%: Operating... |
30.09.2024 | HDFC Life to Offer Credit Life Solutions to Customers of Sundaram Finance | Mumbai, Maharashtra, India
HDFC Life, one of India’s leading insurers, has expanded its partnership with Sundaram Finance. Through this collaboration, HDFC Life will offer HDFC Life Group Credit Protect Plus Insurance Plans to customers of ... |
12.09.2024 | India’s Infrastructure Revolution: A New Era of Development | India stands at the precipice of a transformative era. Infrastructure projects are sprouting like wildflowers after a rain. From waste management to electric vehicles, the nation is embracing innovation and sustainability. This article delv... |
11.09.2024 | Sundaram Home Finance targets Rs 2.25 Bn disbursements
Tata Power-DDL, Nissin Electric to Launch India’s First Micro Substation
Maruti Suzuki to Launch First EV with 500 km Range
India to Become Expor... | Real Estate Sundaram Home Finance targets Rs 2.25 Bn disbursements
11 Sep 2024 2 Min Read CW Team
Sundaram Home Finance has bolstered its presence in Madhya Pradesh by opening a second branch in Indore, aiming to disburse Rs 2.25 billion in... |
29.07.2024 | Sundaram Home reports 16% rise in Q1 net, bets on affordable home segment | Sundaram Home Finance has reported a 16 per cent increase in net profit, reaching ₹66.38 crore for the quarter ended June 30, 2024, compared to ₹57.42 crore in the same period last year.
Disbursements for the June quarter rose by 24 per cen... |
12.06.2024 | Sundaram Home plans to disburse ₹300 cr in FY25 under emerging business segment | Sundaram Home Finance has launched a new vertical, the emerging business segment, to target the affordable housing (AH) market as part of its diversification strategy. This segment will initially include small business loans (SBL) and AH le... |
10.06.2024 | Digital Deccan Conclave to Spotlight South India's Digital Innovation | Chennai, Tamil Nadu, India
The Digital Deccan Conclave, a marquee conference organized by the Internet and Mobile Association of India (IAMAI) and powered by Ethinos, is set to take place on June 11, 2024, at the Hilton, Chennai. The confer... |
04.06.2024 | PNB Board approves 10% stake dilution in Canara HSBC Life Insurance via IPO | Punjab National Bank’s (PNB) Board on Tuesday approved the initiation of process for divesting 10 per cent shareholding in its associate company Canara HSBC Life Insurance through an initial public offering (IPO) route. Currently, PNB holds... |
02.06.2024 | Sundaram Home Finance targets ₹1,000 crore disbursements in the non-south region in FY25 | Sundaram Home Finance, a wholly owned subsidiary of Sundaram Finance Ltd, aims to achieve ₹1,000 crore in disbursements in non-south markets this fiscal. This target is bolstered by network expansion and a strong demand for mid-segment home... |
24.05.2024 | Sundaram Finance reports a robust rise in net profit and record disbursements in FY24 | Sundaram Finance has reported a notable double-digit growth in profit after tax (PAT) and record-high disbursements for FY24. The Board has recommended a final dividend of ₹16 per share (160 per cent), bringing the total dividend to ₹30 per... |
22.05.2024 | Sundaram Finance Holdings Q4 results: Net profit rises 173% to Rs 269.32 cr | - |
16.05.2024 | Finmin discusses NBFC-related issues and concerns with chief executives of top companies | Finance Ministry on Thursday held wide-ranging consultations with the chief executives of top Non-Banking Finance Companies (NBFCs) on the issues and challenges before the sector and their implication for the financial system including bank... |
19.04.2024 | Sundaram Home Finance eyes Rs 300 crore disbursements in Rajasthan | - |
18.04.2024 | Sundaram Home Finance expands its presence in Rajasthan | Sundaram Home Finance continues to expand outside the southern market. After its recent expansion in Western India, it is now looking to expand to northwestern India.
The Chennai-headquartered company has opened a new branch in Kota, in Raj... |
09.04.2024 | HDFC Bank Misses MSCI Threshold by a Hair's Breadth | HDFC Bank's foreign legroom inches close to the MSCI threshold but falls short by a mere 5 basis points, causing a ripple in the investment world. The potential for further selling this quarter could lead to a weight-up adjustment in the up... |
04.04.2024 | HDFC foreign legroom rises but misses index provider MSCI threshold | The investment legroom for foreign portfolio investors (FPIs) in HDFC Bank rose to 24.95 per cent during the quarter ended March 2024. However, it fell short by only 5 basis points (bps) of the threshold required for index provider MSCI to ... |
02.04.2024 | NSE halves lot size for trading derivatives contracts for Nifty50 index | The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for trading derivatives contracts for the blue-chip Nifty 50 index to 25 and also reduced the lot sizes of the Nifty Financial Services and Nifty Midcap indices as... |