Page 2 - Shriram Group

City Union Bank, Shriram Gen Insurance tie up for distribution of products

Shriram will offer personal insurance products such as motor, personal accident, home and travel along with commercial ones such as property, marine and engineering to bank's customers

Shriram Group well on course for merger of two firms via tech integration

Group chief digital officer says the conglomerate is working on one of the country's largest super apps by bringing the products of all associate concerns under one umbrella

From zone chiefs to staff training: Shriram keeps ball rolling for merger

Appoints PricewaterhouseCoopers to advise on the post-merger integration

Legal merger of Shriram Group firms to happen by Sep, Oct: YS Chakravarti

Demand is definitely coming back, said Chakravarti

Shriram regroups for the future with succession plan, business integration

Experts indicate that the succession plan allowing professionals to run the show will also help in this technology drive

Can biz family trusts ensure smooth succession? Answer lies with Tolstoy

As business families grow larger with the addition of sons and daughters and sons-in-law and daughters-in-law, they drift away and live in their own separate houses

Shriram Capital, Shriram City Union to merge with Shriram Transport

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

Board of Management set up to broadbase succession: Shriram Group founder

In a Q&A, R Thyagarajan says the idea was to vest Group's ownership with a few key executives, not one individual; talks about upcoming restructuring of group firms and his mentorship role

Shriram Group draws up succession plan via trust route, forms mgt board

According to reports, SOT owns close to 30 per cent in the Group's holding company, Shriram Capital

Longer forbearance will help in conversion to a bank, says Y S Chakravarti

We are not going in for external funding. We have decided that SCUF will fund them, says Shriram Group MD

SAMIL generates Rs 130 cr by selling vehicles, equipment in bidding event

Over 5,600 vehicles and equipment were sold during a day-long physical bidding event titled 'Utsav'

Shriram Capital appoints K P Krishnan as Chairman, effective Feb 19

Krishnan comes with diverse experience of a little under four decades with the central and Karnataka governments

Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22

The capital will predominantly come from within Shriram group

Shriram Automall to foray into Rs 50,000 cr forward auction industry

After going through extensive tests for nearly three years, SAMIL has become the first private company in India to have its auction portal certified by the prestigious STQC directorate

TCF closes extended fund raising of largest rupee-only capital fund

The sweet spot for the third fund would be around Rs 125-150 crore as compared to around Rs 60-65 crore in the previous fund

Group promoters recommend Puneet Bhatia as nominee in Shriram Transport

Shareholders of Shriram Transport Finance Company had recently voted against Bhatia's reappointment as director

KKR likely to pick 20% stake in Piramal Enterprises for Rs 3,500 crore

Talks are still in advanced stage with KKR, say bankers

Shriram Automall buys car selling portal BlueJack to strengthen offline biz

BlueJack is expected to fully integrate with SAMIL's operations and group companies in first half of 2020

Shriram Capital's consolidated profit after tax doubles in 5 years

Its total income grew to Rs 5,407 crore in 2018-19 (FY19), around 65 per cent in five years

Piramal will have to raise Rs 3,033 crore to meet financial commitments

Group holds 20% in unlisted Shriram Capital and another 10% in Shriram City Union