Cholamandalam Investment logs Q2 profit of Rs 307 crore
For the six-month period ending September 30, profit after tax grew to Rs 622.11 crore from Rs 579.36 crore.
Affordable housing finance firm Aptus raises Rs 880 crore
In 2016, Aptus had raised its Series A round of around Rs 270 crore led by WestBrid...
Cholamandalam Financial Q1 PAT up 5 per cent at Rs 330.02 crore
For the year ending March 31, 2019 total income was at Rs 10,946.81 crore.
Auto, banks hog the limelight in futures
ET takes a look at five stocks in the futures segment which are gaining momentum in the August series.
Ex-Google man restoring India's water bodies, 93 and counting
A Chennai-based environmentalist Arun Krishnamurthy, watching garbage being dumped in a nearby pond was the impetus to quit his well-paying job at Google and launch an eco-movement.
Budget carries strategy spelt out in Economic Survey: MM Murugappan
Overall investment in the economy should get support through the proposed infusion of Rs 70,000 crore into public sector banks, Murugappan, Executive Chairman of Murugappa Group said.
Murugappa Group appoints MM Murugappan as executive chairman
Murugappan is on the board of several companies outside the Murugappa Group including Mahindra & Mahindra and Cyient Ltd as also on the board of Governors of IIT-Madras, for six years till November.
Cholamandalam Financial posts Q2 PAT at Rs 325.15 crore
Total income for the quarter under review surged to Rs 3,340.64 crore from Rs 2,614.66 crore registered same period year ago.
Murugappa Group to invest Rs 2000 crore in capital expenditure over the next two fiscals
The capex, group CFO Sridharan Rangarajan said would be allocated towards a gas-based power plant in silicon carbide maker Volzhsky Abrasive Works, a Carborundum Universal subsidiary.
Norwest Venture buys into Veritas
Founded in 2015 by D Arulmany, Veritas Finance lends to micro, small and medium enterprises in India. It has a loan book of Rs 496 crore, through 125 branches.
In India, conglomerates must hone that edge
The top quartile conglomerates in India and South East Asia performed significantly better than others.
DBT scheme will help reduce urea consumption: A Vellayan, Murugappa Group
At Coromandel we set up about 1,000 retail stores in our primary markets about five years ago.
Chola raises Rs 1,057 crore from ADB via NCDs
ADB’s assistance to Chola is composed of senior secured nonconvertible debentures.
Kerala rains dirupt Carborundum Universal's hydel power plant operations
CUMI has a market capitalisation of over Rs 6.500 crore and shares of the company were down 0.83% on Thursday at Rs 348.50.
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