Shriram Finance, Shriram Housing Finance, CCI, Warburg Pincus, Shriram Housing Finance stake sale

Shriram Finance Receives CCI nod For SHFL Stake Sale

Importantly for the Indian banking sector, the Competition Commission of India (CCI) has authorized Shriram Finance’s transfer of shareholding in Shriram Housing Finance Limited (SHFL). With Shriram Finance trying to reorient its business emphasis, the deal, valued at ₹4,630 crore, signifies a strategic change. Under Section 31(1) of the Competition Act, 2002, the approval was…

Read More
Finance Minister-Led Inter-Ministerial Panel Meets Singapore President

Finance Minister-Led Inter-Ministerial Panel Meets Singapore President

On Monday in a landmark diplomatic visit, an inter-ministerial team headed by India’s Finance Minister Nirmala Sitharaman paid Singapore President Tharman Shanmugaratnam. The major aim of this high-level meeting was to review and enhance India’s strategic collaboration with Singapore. Ministerial Panel Meets Singapore President To Discuss Boosting Ties The discussions focused mostly on key subjects…

Read More