TVS Holdings to buy 80.74% in Home Credit India for ₹554 cr
Business Standard|May 11, 2024
TVS Holdings' board has approved acquiring a 80.74 per cent equity stake in Home Credit India Finance for ₹554 crore, said the automobile components company on Friday.
SHINE JACOB

The remaining 19.26 per cent stake will be purchased by Premji Invest and other associates.

Home Credit will be a subsidiary of TVS Holdings, maintaining its brand identity to focus on "its unique customer segment", said a statement.

この記事は Business Standard の May 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の May 11, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

BUSINESS STANDARDのその他の記事すべて表示
A-I's Rise Could Impact 3 Gulf Hubs: Saudia
Business Standard

A-I's Rise Could Impact 3 Gulf Hubs: Saudia

Air India (AI)'s rise could be at the expense of three "super-connector" hubs Doha in Qatar, and Dubai and Abu Dhabi in the UAE as the Indian passenger would any day prefer direct flights of their national airline that is providing excellent on-time service, Arved von zur Muehlen, Chief Commercial Officer of Saudia Airlines, said on Thursday.

time-read
1 min  |
June 07, 2024
Back To Basics: Paytm's Focus Is Payments And Distribution
Business Standard

Back To Basics: Paytm's Focus Is Payments And Distribution

Paytm, the country's leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders.

time-read
3 分  |
June 07, 2024
Nvidia Overtakes Apple As Second-Most Valuable Company
Business Standard

Nvidia Overtakes Apple As Second-Most Valuable Company

Valuation tops $3 trn; the last time it was worth more than iPhone maker was in 2002

time-read
1 min  |
June 07, 2024
Business Standard

Trai dials National Numbering Plan tweak

The Telecom Regulatory Authority of India (Trai) on Thursday issued a consultation paper on revising the National Numbering Plan to create a sustainable pool of new phone numbers for the country's nearly 1.2 billion mobile phone connections.

time-read
1 min  |
June 07, 2024
South, East India accounted for 67% of heatwave days in 2023
Business Standard

South, East India accounted for 67% of heatwave days in 2023

The number of heatwave days in east and southern peninsular India during peak summer in 2023 almost doubled and accounted for nearly two-thirds of the total heatwave days experienced across the country, the latest data released by the National Statistical Office (NSO) showed.

time-read
1 min  |
June 07, 2024
Business Standard

Monsoon reaches Maharashtra: IMD

Southwest monsoon reached Maharashtra on Thursday, bringing respite to the state where many parts have been reeling under scorching heat and severe water shortage.

time-read
1 min  |
June 07, 2024
EV portfolio to drive Uno Minda growth
Business Standard

EV portfolio to drive Uno Minda growth

The stock of auto component maker Uno Minda jumped 13 per cent on Thursday after it announced a technical licensing agreement with ChinaInovance based Suzhou Automotive Company.

time-read
2 分  |
June 07, 2024
Business Standard

New govt to boost infra sector, but expect some hurdles

The general elections inevitably led to a slowdown in government projects through Q4FY24 and Q1FY25 with muted activity.

time-read
2 分  |
June 07, 2024
Business Standard

Markets extend gains as govt formation nears

Sensex jumps 692 pts, Vix slumps for 2nd day

time-read
1 min  |
June 07, 2024
Business Standard

MF platforms face backlash over delay in unit allotments

Several investors wanting to invest in mutual fund (MF) schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.

time-read
1 min  |
June 07, 2024