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HDB Financial Services - 10 Years of Financing Aspirational India

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HDB Financial Services  having Pan Indian Presence in 831 cities covered by 1165 branches provide wide range of products including Consumer Loans, Enterprise Loans, Asset Financing, Fee based products, BPO Services and likes. Company reported Total Revenue of Rs. 7,062 Crs. in FY18 (as compared to Rs. 5,714.54 Crs. in FY17). PBT stood at Rs. 1,465 Crs. (Rs. 1,059 Crs). PAT of Rs. 952 Crs. (699 Crs). EPS for the year stood at Rs. 12.18 (Rs. 9.64). Book Value reported at Rs. 79.22 (Rs. 31.70). Capital Adequacy stood at healthy 17.94% which is well above the minimum regulatory norms for non deposit accepting NBFCs. Loan Disbursements were Rs. 25,341 Crs (Rs. 19171 Crs). AUM of the company increased to Rs. 44,469 Crs. (Rs. 34,277 Crs) "Investors are punting that the next multi-billion dollar baby from the HDFC stable is born - HDB Financial Services, the non-banking finance subsidiary of HDFC Bank, the nation’s most valuable lender. It may soon head to D...

Utkarsh Micro Finance

Utkarsh Micro Finance Ltd., a NBFC-MFI, started operations in August 2009, provides affordable & accessible banking services in to the unbanked Northern and Central India population who have the skill but are in need of capital. Company covers major areas of UP, Bihar, MP, Uttarakhand, Delhi, Himachal Pradesh, Haryana, Maharashtra, Jharkhand and Chhattisgarh Utkarsh provides Group Loans in the name of "Utkarsh Pragati", "Utkarsh Kiran" and Utkarsh Asha" from Rs. 6,000 to Rs. 50,000. Micro Enterprice Loan in the name of "Samridhi Secured", "Samridhi Unsecured", "GrihSudhar Secured", "GrihSudhar Unsecured" for Working Capital or House Extension from Rs. 50,000 to Rs. 3,00,000. Under Housing Loan category, company provides Rs. 1,00,000 to Rs. 5,00,000 loans under the scheme "Utkarsh Grih Vistar" and "Utkarsh Grih Uthan". Apart from this company provides a pension scheme - "NPS Lite...

Nazara Technology - News Compilation

Nazara success game changer - gaming sector How online gaming in india is growing fast into a billion dollar market Germany's Turtle Entertainment invests 4m in nazara tech for 1-75 stake Rakesh Jhunjhunwala picks up stake in nazara tech for Rs. 180 cr Westbridge Capital to sell bulk of stake in gaming firm Nazara Techs IPO Nazara Technologies files IPO papers with SEBI   Nazara has emerged as the most active company in the casual gaming sector IIFL Fund picks up small stake in Nazara for Rs 330 crore   For Nazara’s IPO run, a long-haul horse

Nazara Technologies

Nazara  is one of the  leading mobile games company  headquartered in Mumbai, India and has  operations in 64 countries across emerging markets having connections with 125 telcos,  as on September 30, 2017. Nazara runs mobile gaming subscription services to mass mobile internet users comprising largely of first time mobile gamers across  Africa, Middle East, South East Asia, Latin America and the Indian subcontinent . In India, Nazara has licensed mobile gaming rights to popular IP's like  Virat Kohli, Hrithik Roshan, Chhota Bheem, Royal Challengers Bangalore, Motu Patlu, Mighty Raju, Tinkle Characters and Chacha Choudhary . Variants of Chota Bheem, Motu Patlu, Jungle Run, Speed Racing, Star Cricket, Shikari Shambu etc are the most popular games introduced by Nazara Technologies Promoters Company’s growth is driven by the efforts of promoters -  Vikash Mittersain  and  Nitish Mittersain , who have over 15 years of experi...

Tata Technologies - Make it Real. Make it Better.

Tata Technologies - Make it Real. Make it Better. Tata Technologies, an Indian largest pure play engineering and design service provider for the manufacturing sector, belongs to an India's oldest, non-sectarian philanthropic diversified business house, the Tata Group, founded as an in-house product development business unit of Tata Motors in 1989. In 1994, Tata Technologies spins off as an independent business unit, headquartered in Singapore with the mission of supporting industrial companies in their product design. About the company Tata Technologies provides services to create better products and run better businesses in engineering and design, product lifecycle management, manufacturing, product development, IT service management to automotive, aerospace original equipment manufacturers, industrial machinery and their suppliers. The company is active in North America, Europe, the Middle East and the Asia Pacific region having workforce of a diverse team of global...

Frick India

FRICK INDIA LTD  – India’s largest Industrial Refrigeration Equipment Manufacturer & Turnkey Solution provider since 1962. (Listed on MSEI, in the process of listing on national bourses - expected in next 3-4 years) About the company - FRICK INDIA LIMITED incorporated as a public limited company in 1962 in collaboration with Frick Company USA, one of the world’s most oldest, experienced and largest manufacturers of industrial refrigeration & air-conditioning equipment. It offers a wide range of high speed reciprocating compressors as well as twin screw compressors with technology from City University London and Holroyd, UK for almost all industrial Refrigeration applications. These twin screw blocks are TUV certified with “EC Declaration of Incorporation †. Besides compressors, Frick with it’s integrated production facility has a whole range of refrigeration equipment including product coolers, condensers, pressure vessels (ASME) and electrical & ...

Fino Paytech In News – Compilation

Date News 30-05-2018 Fino Paytech in talks with Temasek, Credit Saison to sell stake 29-11-2017 Fino Paytech to raise ₹200 cr. 21-11-2017 Fino Finance eyes Rs. 1000 crore AUM from MSME sector 11-09-2017 IdeateLabs bags digital mandate for Fino Payments Bank 30-07-2017 Fino Payments Bank eyeing 1 lakh touch-points: Gupta 18-07-2017 Fino payments bank expects to be profitable by 2020 17-07-2017 'We expect to become profitable in 2-3 years' 10-07-2017 India has a new bank designed specifically for Indians afraid of banks 03-07-2017 Fino launches Payments Bank has commenced operations, says RBI 21-06-2017 Fino Payments Bank Board Gets RBI Approval 24-04-2017 Fino Payments Bank wants to be the 'D-Mart of banking', focus on mass market 18-04-2017 Fino Paytech to help Nabard digitise rural banks across 5 states 09-04-2017 Fino Paytech inks deal with ICICI group companies to distribute insurance products 01-04-2017 NSDL,...