FINANCE COMPANIES

A massive Rs 7000 crore IPO of Bajaj Housing Finance Limited (BHFL) is set to hit the markets soon. The company recently filed the DRHP with SEBI to launch the IPO. Here are the key things to know about the IPO. Watch!Bajaj Housing Finance files DRH...

In a move aimed at bolstering foreign investment inflows and offering growth avenues for Indian companies, the Government of India has approved the direct listing of securities by public Indian companies on the International Exchanges of the Gujarat...

The Enforcement Directorate (ED) is conducting raids at Kerala's Mannapuram Finance in connection with allegations that the non-banking financial company (NBFC) collected funds from the public without the Reserve Bank of India's approval.ED raids Ma...

The Reserve Bank of India gave a list of apps, which were working with non-bank lenders registered with the central bank, to the government ahead of the ban imposed on some apps earlier this week, officials said on Wednesday. "We have given a list o...

An official delegation of the Uttar Pradesh government visited green energy company Bloom Energy in San Jose on December 16. The delegation was led by Uttar Pradesh Finance Minister Suresh Khanna and accompanied by ex-minister Sidharth Nath Singh, a...

GST evasion of about Rs 23,000 crore by gaming companies between April 2019 and November 2022 is being investigated by the tax officers, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a question in the Lok Sabha...

Housing Development Finance Corp reported a 65 per cent year-on-year decline in net profit for the quarter ended December to Rs 2,925.8 crore. The company’s total revenues fell 42.3 per cent to Rs 11,707 crore. However, the company said that earning...

Union Finance Minister Nirmala Sitharaman on Thursday announced that the Cabinet has approved Rs 30,600 crore in security receipts to be issued by the National Asset Reconstruction Company (NARC) towards resolution of bad loans.Explained: How Bad Ba...

The Cabinet had yesterday approved govt guarantee of up to Rs 30,600 crore to back security receipts to be issued by National Asset Reconstruction Company (NARCL), said Finance Minister Nirmala Sitharaman in an address on the bad bank on Thursday.Go...

India should emerge as a more property-owning democracy, where citizens feel more prosperous owning a home, said Deepak Parekh, chairman of country’s largest mortgage lender Housing Development Finance Corporation (HDFC), which is judged as the best...

Personally, I am bullish on gold. I own the gold currency which is called XAU. Gold is still a trade but it is an easier one right now. The fund only buys stocks and has owned both gold companies and the gold finance companies before, says the found...

Bajaj Finance (BFL) on Tuesday reported a 42 per cent jump in consolidated net profit at Rs 1,347 crore for the fourth quarter of the fiscal ended March 2021. The company's net profit stood at Rs 948 crore in the January-March period of the precedin...

Finance Minister Nirmala Sitharaman proposes to consolidate provisions of SEBI Act, Depositories Act, Securities Contracts Regulation Act, Government Securities Act; Government to privatise 2 PSU banks, one general insurance company in FY22, says Ni...

Managing Director & CEO of Bajaj Finserv Ltd., Rajeev Jain along with Sanjiv Bajaj receive Company Of The Year Award given to Bajaj Finance. Watch! ET Awards 2019: Company Of The Year Award given to Bajaj Finance

Union Finance Minister Nirmala Sitharaman on Thursday said the government is discussing with the Reserve Bank of India (RBI) for loan restructuring of companies which are stressed owing to the Covid-19 pandemic. Speaking at a webinar organised by th...

Non-banking finance company Indostar Capital Finance made a decent market debut on Monday. The scrip got listed at Rs 600 on the NSE, a 4.90 per cent premium to the issue price of Rs 572. On BSE too, the scrip was listed at Rs 600. The Rs 1,844 cror...

Banks won’t be blamed as we are going to take the loss, says the Finance Minister.Economic package includes all companies for bank loan facility despite size and sector: Nirmala Sitharaman

The government on Friday slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivi...