'The ship has been stabilised.''For the last 6-7 quarters, profitability is stable around Rs 250-Rs 300 crore.' Photograph: Kind courtesy Indiabulls HomeLoans/Instagram Sameer Gehlaut (promoter),......
L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......
For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016. Capital markets regulator Securities and Exchange Board of India (Sebi) is examining......
Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet. Illustration: Dominic......