Prøve GULL - Gratis
Japan’s MUFG nears Shriram Fin buy-in
Mint Mumbai
|December 16, 2025
Japan’s Mitsubishi UFJ Financial Group is in final talks to acquire a 20% stake in Indian non-bank financial firm Shriram Finance for more than 500 billion yen, or $3.22 billion, Bloomberg News reported on Monday.
The firm is likely to pick up a 20% stake for $3.22 billion.
MUFG plans to announce the acquisition this week, said Bloomberg, citing multiple sources familiar with the matter. The news sent shares of Shriram Finance up as much as 2.7% to an intraday high.
Denne historien er fra December 16, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Job apocalypse? Humbug! Al is creating brand new occupations
A mock job advertisement that has done the rounds recently calls for a “killswitch engineer” for OpenAI, maker of ChatGPT.
2 mins
December 16, 2025
Mint Mumbai
New bill to open nuclear power to pvt firms, rid supplier liability
The Union government introduced the muchanticipated bill on Monday to open up nuclear power generation to private players, while excluding global suppliers of components and fuel from liability.
2 mins
December 16, 2025
Mint Mumbai
Roll out a carpet
India's central bank recently released the 10th edition of its Handbook of Statistics on Indian States.
1 min
December 16, 2025
Mint Mumbai
GST CUTS: INFLATION DOWN, DEMAND HAZY
The impact of GST rate cuts on retail inflation is visible, but the goal was to boost consumption demand. Vehicle sales have picked up, but clarity about broad-based demand will emerge when Q3 earnings and GDP data are in.
3 mins
December 16, 2025
Mint Mumbai
Axis hiring to target India wealth boom
Axis Bank Ltd. is adding 50 private bankers and plans to launch several funds in India’s low-tax finance hub, as part of a broader strategy to tap into the explosive growth of the country’s wealthy population.
1 min
December 16, 2025
Mint Mumbai
R Kumar launches e-comm platform
R Kumar Opticians, one of India’s oldest luxury eyewear retailers, has launched an e-commerce platform to make its curated collections available across the country.
1 min
December 16, 2025
Mint Mumbai
Snabbit in discussions to secure $100-120 mn
Weeks after its last raise, co eyes fifth funding round since 2024 founding
2 mins
December 16, 2025
Mint Mumbai
Bumper first-day openings fade as word of mouth trumps star power
Bumper openings are starting to fade, as audiences—overwhelmed by content—place greater trust in word of mouth than in star power or pre-release hype.
2 mins
December 16, 2025
Mint Mumbai
Public debt needs to be cut: FM to Parliament
Finance minister Nirmala Sitharaman told Parliament that collective work was needed to reduce debt at the Centre and states.
1 min
December 16, 2025
Mint Mumbai
America’s new approach to the Indo-Pacific is disappointing
Washington does not seem to view China as an ideological threat
3 mins
December 16, 2025
Listen
Translate
Change font size