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No binding pact: Shriram clarifies on MUFG deal

Financial Express Bengaluru

|

December 19, 2025

SHRIRAM FINANCE ON Thursday said it has not entered into any binding agreement with any investor, responding to a stock exchange query on a media report that Japan's Mitsubishi UFJ Financial Group (MUFG) may invest up to $5 billion in the company for a 20% stake.

- FE BUREAU

In a clarification to the exchanges on Thursday, the non-banking financial company (NBFC) said it had already informed investors on December 16 about a board meeting scheduled for Friday to consider proposals for raising funds through various avenues.

Financial Express Bengaluru'den DAHA FAZLA HİKAYE

Financial Express Bengaluru

Marico sees Q3 revenue rise on cooling inflation, tax cuts

HOMEGROWN FMCG PLAYER Marico on Friday said it has witnessed \"steady demand\" trends during the December quarter and remain \"optimistic\" about a gradual improvement in consumption in the quarters ahead.

time to read

1 mins

January 03, 2026

Financial Express Bengaluru

Ships with Russian oil signal Reliance plant as destination

AT LEAST THREE tankers carrying Russian crude are indicating Reliance Industries' plant on India's west coast as their next destination, after the refiner restarted some purchases for domestic production.

time to read

1 mins

January 03, 2026

Financial Express Bengaluru

X gets a govt message: Fix Grok or face action

• Platform asked to file compliance report in 72 hours

time to read

1 min

January 03, 2026

Financial Express Bengaluru

Hindustan Zinc output rises, silver drops in Q3

VEDANTA GROUP FIRM Hindustan Zinc (HZL) on Friday reported a 4% rise in mined metal output to 2,76,000 tonnes in the third quarter of the current fiscal year, primarily on account of higher ore production.

time to read

1 min

January 03, 2026

Financial Express Bengaluru

S Korea's Lee affirms 'One-China' stance

SOUTH KOREAN PRESIDENT Lee Jae Myung said ties with Beijing are crucial and reiterated his nation's \"respect\" for the \"oneChina\" stance when it comes to Taiwan, according to an interview with Chinese state broadcaster CCTV ahead of a meeting with President Xi Jinping.

time to read

1 min

January 03, 2026

Financial Express Bengaluru

Nifty smashes record

• Earnings outlook, positive global cues drive rally; investors richer by ₹4.33L cr

time to read

1 min

January 03, 2026

Financial Express Bengaluru

Tata, Motherson & Foxconn arm lead ₹41,863 cr ECMS approvals

MOBILE PHONE ENCLOSURES emerged as the biggest focus area as the government on Friday cleared 22 projects under the Electronics Components Manufacturing Scheme (ECMS) worth 41,863 crore with homegrown Tata Electronics and the Motherson Group, along with Foxconn’s India arm Yuzhan Technology, leading the list of beneficiaries.

time to read

1 min

January 03, 2026

Financial Express Bengaluru

MSMEs key gainers from two fresh credit schemes

Centre unveils ₹72,95-cr package

time to read

2 mins

January 03, 2026

Financial Express Bengaluru

China adds tax to condoms to spur birth rate

CHINA REMOVED

time to read

1 min

January 03, 2026

Financial Express Bengaluru

The Aravallis we saw

ROCKS OLDER THAN LIFE ON LAND

time to read

1 min

January 03, 2026

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