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Shriram Group to merge all financial services biz to create India's largest retail finance NBFC

Consumer

13 December, 2021

Shriram Group to merge all financial services biz to create India's largest retail finance NBFC

Shriram Group on Monday announced the merger of Shriram Capital Ltd (SCL) with Shriram City Union Finance Ltd and Shriram ......

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

General

29 October, 2019

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

Oyo Hotels and Homes CEO Ritesh Agarwal and CFO Abhishek Gupta have likely created a separate vehicle for their personal ......

TPG, Piramal Enterprises look to exit Shriram Capital

Finance

25 June, 2019

TPG, Piramal Enterprises look to exit Shriram Capital

Private equity firm TPG Capital and billionaire Ajay Piramal-led Piramal Enterprises Ltd are looking to exit Shriram Capital Ltd, the ......

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Company watch: Shriram City Union lending slows but better asset quality boosts profit

Finance

03 May, 2019

Company watch: Shriram City Union lending slows but better asset quality boosts profit

Shriram City Union Finance Ltd battled a growth slowdown in assets and interest income during the year through March while ......

Piramal plans to merge three Shriram entities; mulls exit

Finance

26 April, 2019

Piramal plans to merge three Shriram entities; mulls exit

Piramal Group plans to merge all three entities of Shriram group and financial services, in which it has considerable stake, ......

IDFC, Shriram Group end merger talks over valuation differences

Finance

30 October, 2017

IDFC, Shriram Group end merger talks over valuation differences

Financial services conglomerates IDFC Group and Shriram Group have called off negotiations for a proposed merger of some businesses and ......

Shriram, IDFC extend exclusivity period on proposed merger

Finance

05 October, 2017

Shriram, IDFC extend exclusivity period on proposed merger

Financial services conglomerates Shriram Group and IDFC Group have extended their 90-day confidentiality and exclusivity agreement for a potential merger ......

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How would the IDFC-Shriram merger play out for PE investors?

Finance

11 July, 2017

How would the IDFC-Shriram merger play out for PE investors?

The proposed merger of various businesses of IDFC Group and Shriram Group will not only drastically change the financial services ......

IDFC, Shriram Group ink 90-day pact for talks on merger

Finance

08 July, 2017

IDFC, Shriram Group ink 90-day pact for talks on merger

Financial services conglomerates IDFC Group and Shriram Group said on Saturday they have signed a 90-day confidentiality and exclusivity agreement ......

TPG-backed Shriram Capital may merge with IDFC Bank

Finance

07 July, 2017

TPG-backed Shriram Capital may merge with IDFC Bank

Infrastructure financing company IDFC Ltd, which started its banking operations two years ago, and Piramal Group-backed financial services firm Shriram ......