Godrej incorporates subsidiary to enhance its presence in financial services
The incorporation of Godrej Investment Ltd follows approval by the Godrej Industries Ltd board on August 13, 2025, and shareholder approval on September 29, 2025.
The incorporation of Godrej Investment Ltd follows approval by the Godrej Industries Ltd board on August 13, 2025, and shareholder approval on September 29, 2025.
These parameters are carefully benchmarked against past performance, future projections, sectoral standards, and the vision of the administrative ministry i.e Ministry of Power.
Presently, Tata Sons holds an 88.6 per cent stake in Tata Capital, while the World Bank Group's International Finance Corporation (IFC) owns a 1.8 per cent shareholding.
The NBFC said in a statement that Bajaj Finserv signed share purchase agreements (SPAs) with Allianz SE to acquire a 26 per cent stake in the two insurance joint ventures, Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC), for Rs 24,180 crore.
The initial public offering (IPO) of fintech company MobiKwik may hit a significant roadblock with the new rules for P2P lending implemented recently by the Reserve Bank of India (RBI) and these can affect the company's business too.
With this the firm will be one of the top-40 Indian companies by market capitalisation. The list is headed by Reliance at $233 billion.
The Capital Adequacy Ratio of the company stands at a comfortable 25.78 per cent as on March 31, 2023, implying ample opportunity to support future growth.
The accused Mrs. Amrita Kindo, Managing Director of Diya Diary Agro Processor Pvt. Limited had availed the loan by resorting to fraudulent practice from another Bhubaneswar-based NBFC Annapurna Finance Private Limited.
The US Agency for International Development (USAID) is an international development agency of the US government and works towards uplifting lives
However, non-deposit taking NBFCs with asset size below Rs 1,000 crore have the option to continue with their extant procedure.
