Shriram Transport

The company has net worth of Rs 40,900 crore and assets under management of Rs 1,71,000 crore

A post graduate from Delhi School of Economics with a Masters in Economics from Boston University, he served in various key government positions in Odisha and at the Centre

Stocks to Watch Today: SBI too may be in focus after the PSU bank successfully raised Rs 10,000 crore via its maiden infrastructure bonds.

SCL, the existing holding company of the Group, and Shriram City Union Finance will merge shortly with Shriram Transport Finance

The group is preparing to announce the birth of the new entity called Shriram Finance by the third week of November

Good demand for used vehicles in rural market, says Umesh Revankar in interview

Group conducting trial run at branches, preparing super app for merged entity called Shriram Finance

According to the analyst from Anand Rathi, KPR Mill can rally to Rs 595, while Shriram Transport Finance can surge to Rs 1,500 in the near term.

Shriram Transport Finance Company on Tuesday announced to raise fixed deposit rates by up to 0.5 per cent across tenors with effect from August 10.

Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.

Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.

Stock market highlights: Over 35 Nifty stocks ended the session in the red with Bajaj Finance, HDFC, Kotak Bank, Hindalco, Wipro, Reliance Industries, Tech M, and Infosys falling between 2.5-4%

Appoints PricewaterhouseCoopers to advise on the post-merger integration

Signaling a return to normalcy, India's largest truck lender said its collection efficiency returned to 100 per cent in the second half of January after undergoing a brief blip in the first fortnight.

Non-bank financing company Shriram Transport Finance Company (STFC) on Monday reported a 6.47 per cent decline in standalone profit after tax at Rs 680.62 crore in the quarter ended December 2021

Asset financing company Shriram Transport Finance Company said it has raised $475 million (about Rs 3,500 crore) through Reg S Bond, having a tenor of 3.5 years and offering a coupon of 4.15%

Shadow lender Shriram City Union Finance Ltd. is building a so-called super app to offer various financial products on a single digital platform

Trucking finance firm's merger plans stoke fears of truck financing dilution

The less complex structure may attract fresh investors to the new entity

The non-banking finance company had reported a standalone profit after tax of Rs 684.56 crore in the year-ago quarter