Tag Archives: finance:

Indiabulls Housing Finance says no loans outstanding from Yes Bank, share price rally 29%

Indiabulls Housing Finance witnessed a rally in Friday’s trading session after the company’s regulatory filing stated clearly it has no outstanding loans from Yes Bank. The filing also added that Sameer Gehlaut is currently in the UK and will cooperate with the investigation surrounding Yes Bank soon after the ban is lifted from international flights. “Indiabulls Housing has no loans ... Read More »

Flexible lending from Compass Business Finance

So, you’ve got your eye on the latest all-singing, all-dancing 5-axis machining centre/CMM/laser profiler/press brake/sliding head lathe (delete as applicable). You need it to keep up with customer demand; enquiry levels are high and you simply must have more capacity – but how do you raise the funds for said purchase? Well you could get in touch with Compass Business ... Read More »

Getting a loan? Your business should be attractive to finance

During my interactions with bankers, one thing that repeatedly finds a mention is that even if a bank wants to lend, small businesses often make it very difficult for themselves to raise money. In fact, my interactions with many small businesses show that a lot of work needs to be done to convince a bank to lend. Many borrowers fail ... Read More »

Family finance: Aggressive investment by Shuklas will ensure they meet goals with ease

Chirag Shukla, 38, stays with his wife, 36, two children, aged 10 and 7, and his mother, in Mumbai. While his wife earns Rs 15,000 a month, he also gets a monthly rental income of Rs 38,000. He has property worth Rs 2.9 crore, which includes a self-occupied house worth Rs 1.6 crore. He has no loans and his net ... Read More »

SBI not approached by any telco to finance AGR dues, says chairman

Mumbai: It is incumbent on the telcos to find money and will be safe to presume that they would have made some arrangements for it by now, SBI chairman Rajnish Kumar said on Friday. He also said that the bank will be passing on all the benefits of the cash reserve ratio (CRR) reliefs on small ticket loans to the borrowers and ... Read More »

Why Reducing The Refugee Cap Is Bad Finance

In late September, the government announced that it would slash the number of refugees allowed in the U.S. to 18,000 — a dramatic and historic low for the country since the modern resettlement program’s creation in 1980. In 2016, the refugee cap was at 85,000, which means this current cap was a reduction of a whopping 78% in a short period of ... Read More »

The Future of Finance: Trends, Strategies, and Predictions

The ever-changing technological and business landscapes are impacting every aspect of your business, especially your financial operations. Are you and your company prepared for the trends that are happening in 2020 and beyond? Join us for The Future of Finance: Trends, Strategies, and Predictions, a free webinar presented by Oracle NetSuite and produced by Entrepreneur. We’ll unveil what you and your business need to ... Read More »

30 Under 30 In Finance 2020: The Top Young Traders, Dealmakers and Financial Innovators

The top young financial minds can be found these days at buyout shops, hedge funds and investment banks, as well as innovative companies that do everything from facilitate payments to lend cryptocurrency. The rise of private equity and new financial technologies can especially be seen on this year’s 30 Under 30 Finance list. The rising stars of finance are working ... Read More »

Home First Finance plans to raise Rs 1,500 crore, files IPO papers with SEBI

Home First Finance Company (HFFC) on November 29 filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The housing finance company is expected to raise Rs 1,500 crore through the public issue. The IPO comprises a fresh issue of Rs 400 crore and Rs 1,100-crore offer for ... Read More »

Deals Buzz: Ujjivan Small Finance Bank raises capital in pre-IPO round

Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms across the country Ujjivan Small Finance Bank raises capital in pre-IPO round Ujjivan Small Finance Bank has raised ₹250 crore in a pre-initial public offering (IPO) round led by India Infoline (IIFL) group’s funds, a private equity fund of Avendus Capital and Akash Bhanshali of Enam Group, Mint reported. The pre-IPO ... Read More »