Latest Updates Around The World
Tata Steel has injected £ 4,054.66 crore into t Steel Holdings (TSHP) by subscribing shares of 457.7 crore shares. Each share has a nominal value of $ 0.1005. The fresh buy has increased the total investment of Tata Steel in TSHP for 2025 to $ 460 million. New India Assurance has informed the stock markets […]
Mumbai: JM Financial and two other entities have arranged a case of violation of the securities legislation with the Securities and Exchange Board of India (Sebi) by paying £ 1.9 crore as a settlement amount. The other two entities are JM Financial Services (Stock Broker) and JM Financial Products (Non-Banking Finance Company). They have also […]
Piramal Enterprises (PEL) has announced September 23 as the record date for his merger with Piramal Finance (PFL). From this date, trade in PEL Securities will stop and shareholders stated in the register of the company will be allocated shares of PFL on a 1: 1 basis. The company announced BSE and NSE through an […]
The National Stock Exchange of India (NSE) has announced the suspension of trade in shares of Pyramal Enterprises LTD (PEL) with effect from 23 September, after the closing hours of trade on 22 September. This is due to the approved regulation of fusion between Pel and Piramal Finance LTD (PFL). “Following the following of Regulation […]
The consolidated net profit in June quarter at Piramal Enterprises rose by 52% to RS 276 Crore, powered by lower credit costs and improved margins. “The strong (consolidated) profit growth this year is mainly driven by our retail activities, which registered a growth of 37% in AUM, the credit costs fell while the margins improved,” […]
Purpose: £ 1,250 CMP: £ 1.126.10 We had an interaction with the senior management team of Piramal Enterprises (Piell), represented by Jairam Sridharan, CEO, Retail Lending and MD of Piramal Finance, to gain insight into the future growth plans of the company and other strategic Piel now has more faith in the Retail business strategy […]
