COUNTRY'S largest auto-focused non-bank lender Shriram Finance has decided to exit the housing finance vertical and has agreed to sell its entire 85% stake to US private equity major Warburg Pincus for a consideration of 4,630 crore after 13 years of operations.
The Chennai-based group, began way back in 1974, had been in discussions with many prospective bidders for the sale of Shriram Housing Finance for a few months now and was also in dialogue with the UAE sovereign wealth fund Mubadala and another private equity majors Bain Capital and BPEA EQT, but the talks did not proceed.
Denne historien er fra May 14, 2024-utgaven av The New Indian Express.
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Denne historien er fra May 14, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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CLINGS TO FACTS BUT SACRIFICES THE DRAMA
You can hear a clock ticking in almost every scene of Freedom at Midnight. The historical drama chronicles the events that led to India's independence, dampened by the horrific reality of the Partition.
A stirring ode to the power of shared dreams
WHAT makes a nation? Kings? Heroes? Laws? Ridley Scott presents a stirring tale of unabashed romanticism to tell us that a nation is perhaps a shared dream. Gladiator II begins with Numidian soldiers, men and women, taking up arms to defend their motherland against the invading Roman army.
A thousand-year-old spectacle with only a few seconds of soul
HERE'S great joy in watching new worlds come alive on screen—living conditions, attire, language, pastimes, poetry, expression of love... Clearly, countless hours and endless effort must have gone into conjuring up such a world from over a thousand years ago.
On the fight to stop pneumonia
VERY year, the world observes November 12 as Pneumonia Day. This year, the theme was 'Championing the Fight to Stop Pneumonia'.
MANAGING DIABETES IN CHILDREN
November 14—for some, it's just a date on the calendar. But for many families, World Diabetes Day is a reminder of their everyday reality filled with careful planning, constant awareness, and countless choices just to keep their children healthy and safe from the disease.
ROOTS OF INCLUSION
ON Children's Day, we celebrate the laughter, dreams, and limitless potential of every child.
Making moves in Madras
THE chessboard is set.
COMICALLY CURIOUS
From folklore to mythology, supernatural to realism, comics have witnessed waves of transitions, creating a visual world for children of all times
India faced 255 days of extreme weather crisis
India experienced extreme weather events on 93% of days from January to September this year.
HINDU KUSH HIMALAYAS WARMING FASTER THAN GLOBAL AVERAGE
The glaciers of the HKH, particularly in the Eastern Himalayas, are experiencing alarming rates of melting.
