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  • Business

TPG Capital buys 49% in Shriram holding firm

 Shriram Group and US-based TPG Capital, the global buyout arm of the leading global private equity investment firm, announced a definitive agreement in which TPG will invest up to $120 million (Rs......

Bajaj now third most valued finance group; overtakes SBI

 India’s financial sector is dominated by large government-owned and private-sector banks. Photograph: Kind courtesy Bajaj Housing Finance Major players like State Bank of India (SBI), HDFC......

Shriram Group may take over Vishal's retail arm

 The Chennai-based Shriram Group is likely to take over the cash-strapped front-end retail company of Vishal Retail Ltd, after leading private equity investor Texas Pacific Group takes charge of its......

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

 The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......

Jio Financial to list on bourses on Aug 21

 Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Photograph: Anushree......

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