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.
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.
Bu hikaye Financial Express Bengaluru dergisinin December 19, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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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.
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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.
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
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.
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.
1 min
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Financial Express Bengaluru
Nifty smashes record
• Earnings outlook, positive global cues drive rally; investors richer by ₹4.33L cr
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.
1 min
January 03, 2026
Financial Express Bengaluru
MSMEs key gainers from two fresh credit schemes
Centre unveils ₹72,95-cr package
2 mins
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Financial Express Bengaluru
China adds tax to condoms to spur birth rate
CHINA REMOVED
1 min
January 03, 2026
Financial Express Bengaluru
The Aravallis we saw
ROCKS OLDER THAN LIFE ON LAND
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January 03, 2026
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