Stay updated with the latest mufg-bank news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on mufg-bank topics.
New Delhi, Apr 8: Japan's MUFG Bank on Wednesday acquired a 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. Board approval and share allotment "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity ...Read More >
New Delhi, Apr 8 (PTI) Japan's MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 8 ...Read More >
WeWork India IPO: WeWork India, a flexible workspace solution in India, has set the price band for its maiden public issue in the range of ₹615 to ₹648 per equity share. The mainline offering comprises an offer for sale (OFS) of 46.3 million equity shares aggregating to ₹3,000 crore. There is no fresh issue component. According to the red herring prospectus (RHP), the company has reserved at least 75 per cent of the issue for qualified institutional buyers (QIBs), not more than 15 per cent for ...Read More >
Bengaluru: Infra.Market secured $150 million as debt from Mars Growth Capital, a joint venture between MUFG Bank and AI-based private credit firm Liquidity.The deal includes a five-year extension of its existing $100 million facility and an additional $50 million credit line. This is the company's second fundraising this year, following a $125 million equity round. Founded in 2016, Infra.Market operates a tech-enabled building materials platform that caters to institutional and retail buyers. Th ...Read More >
NEW DELHI: MARS Growth Capital, a joint venture between Liquidity Group and MUFG Bank, has extended terms of the existing financing of $100 million in Infra.Market by another five years and also enhanced the financing amount by an additional $50 million. Northcote Luxe FinBrokers were the advisors to Infra.Market for this transaction. This is company's second fund raising for the year. It had raised approximately $125 million in series D financing round earlier this year. Founded in 2016, Inf ...Read More >
Mumbai, Jun 30 (PTI) Building material platform Infra.Market has raised USD 50 million from MARS Growth Capital for growth of its business. In a statement on Monday, Infra.Market said MARS Growth Capital has "extended terms of the existing financing of USD 100 million by another five years and also enhanced the financing amount by an additional USD 50 million." Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 30, 2025 Declared, Check Winning Numbers and Result Chart of Satt ...Read More >
Mumbai, Jun 30 (PTI) Building material platform Infra.Market has raised USD 50 million from MARS Growth Capital for growth of its business. In a statement on Monday, Infra.Market said MARS Growth Capital has "extended terms of the existing financing of USD 100 million by another five years and also enhanced the financing amount by an additional USD 50 million." This additional financing by MARS in Infra.Market takes its total investment up to USD 150 million, it added. "This is the company's s ...Read More >
Mumbai: MARS Growth Capital has infused an additional $50 million in Infra.Market and extended the term of its existing financing of $100 million by five years as the building materials platform prepares for an initial public offering later this year. MARS, a joint venture between private credit firm Liquidity and MUFG Bank, has invested about $150 million in the IPO-bound company with this transaction, Infra.Market said in a statement on Monday. The first tranche of $100 million, which had ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging ...Read More >
SRINAGAR, June 29: The J&K Bank has appointed Ketan Kumar Joshi as its new Chief Financial Officer (CFO) for a term of three years, replacing Fayaz Ahmad Ganai. As per a statement, Joshi's appointment has been notified to the stock exchanges in line with SEBI regulations. Joshi is a seasoned banking and finance professional with over 20 years of experience in Indian and international financial institutions. Before joining J&K Bank, he served as CFO at North East Small Finance Bank Ltd. from 2 ...Read More >
The rupee declined to a new all-time low after data showed a sharp slowdown in the economic growth. Bonds extended gains on bets the central bank may cut interest rates sooner than anticipated. The rupee fell 0.2 per cent to 84.6637 per dollar after a government report on Friday showed the economy grew at the slowest pace in almost two years. A stronger dollar spurred by US President-elect Donald Trump demanding a commitment from the so-called BRICS nations to using the greenback also weighed ...Read More >
The Competition Commission approved Alphabet's Shoreline International Holdings LLC's stake acquisition in Flipkart, a Walmart group firm. This involves share subscription, further cementing Alphabet's investment strategy in Indian e-commerce. Meanwhile, MUFG Bank increased its stake in DMI Finance, reflecting rising strategic investments in India's financial services sector. The Competition Commission on Tuesday approved a significant transaction between Alphabet's subsidiary, Shoreline Intern ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.