Tag Archives: portfolio

MFI’s gross loan portfolio grows 0.86 pc to Rs 2,36,100 crore as of June-end: Report

Gross loan portfolio (GLP) of the microfinance sector grew 0.86 per cent on a year-on-year basis to Rs 2,36,100 crore in the April-June 2021 quarter from Rs 2,34,100 crore in the year-ago period, according to a report. The GLP declined … Continue reading

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Anil Agarwal defends move to buy stake in Anglo American

JOHANNESBURG: Metals-to-mining magnate Anil Agarwal who plans to buy USD 2.4 billion worth stake in Anglo American said the mining giant has a balanced portfolio and world-class assets. “I like Anglo’s entire balanced portfolio, both in South Africa and elsewhere. … Continue reading

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Hartek Group appoints power industry veteran as additional Director

CHANDIGARH: Hartek Group, an engineering, procurement and construction (EPC) firm, has announced the appointment of power industry veteran Jeet Chhatwal as a director on its board. A power sector expert and leadership trainer with 37 years of experience in the … Continue reading

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AB InBev, appoints Pedro Aidar as its Business Unit India president

MUMBAI: World’s largest brewing company Anheuser-Busch InBev has appointed Pedro Aidar as the president for business unit that includes India and other south Asian countries. The development follows the Belgian-Brazilian beverage giant’s acquisition of SABMiller Plc with proposed plans to … Continue reading

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Procter & Gamble to partner with government in Swachh Bharat Mission

MUMBAI: Procter & Gamble global chief executive David Taylor met Prime Minister Narendra Modi on Tuesday to discuss the company’s manufacturing initiatives in the country and partnership opportunities in education and the government’s cleanliness drive. The maker of Ariel and … Continue reading

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Lacoste to open its online store in India

KOLKATA: French lifestyle brand Lacoste has floated its own online store in India, the fifth market in the Asia Pacific region after Korea, Japan, China and Australia. The company will sell the entire portfolio online which includes apparel, accessories, footwear, … Continue reading

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Samsung’s sales grew 19%, but Note 7 fiasco to pull down current fiscal’s

KOLKATA/MUMBAI: Samsung India grew its sales by 19 per cent during fiscal year to March 2016 to cross the $7 billion revenue mark, but its recent Galaxy Note 7 debacle could slow down the pace of growth in the current … Continue reading

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Bajaj Electricals eyes Rs 5,000-crore turnover this fiscal

NEW DELHI: Lighting products and consumer durables maker Bajaj Electricals is looking at a turnover of around Rs 5,000 crore this fiscal, helped by robust growth in its durable and engineering and project segments. The company is expecting an equal … Continue reading

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InnoVen Capital doubles its deployment pace in FY17 to $85 million, target above $100 mn for FY18

MUMBAI: Venture debt firm InnoVen Capital has made the most of a year when venture capital has been a hard asset to come by, clinching a 2x growth in its deployment pace in FY17. The Temasek-backed firm has invested almost … Continue reading

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Growth in mortgage-backed securitisation halted after demonetisation

KOLKATA: Mortgage-backed securitisation, which accounts for almost half of the entire securitisation deals, slowed after demonetisation, rating company Crisil said. Housing finance companies slowed issuances of securitisation deals, while banks, which invest in such deals, were largely busy in carrying … Continue reading

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