E-PaperCentrum News
Centrum Housing Finance raises funds from Morgan Stanley unit
Centrum Housing Finance will use the funds to expand its operations and enter new geographiesThe proceeds from this fund raise will help the company expand its operations and enter new geographies, said CHFL
2 min read2 Feb 2020Deals Buzz: Yes woos Microsoft for a strategic investment
In other news, Centrum Alternative Investment Managers Ltd, the alternative investment arm of Centrum Group, has achieved the first close of its maiden structured credit fund at ₹155 crore
6 min read7 Oct 2019Centrum’s structured credit fund eyes ₹500 crore corpus
Firm is looking to tap opportunity created by liquidity crisis in non-bank lendingCentrum arm achieves the first close of its maiden structured credit fund at ₹155 crore
2 min read6 Oct 2019Ebix in talks with investment banks for EbixCash IPO
Nasdaq-listed Ebix is planning the EbixCash IPO in the second half of 2019 and are likely to soon appoint bankers to begin work of the DRHP
2 min read19 Nov 2018Centrum acquires L&T Finance’s supply chain business
Centrum expects to have a loan book of ₹900 crore in the supply chain business by the end of the current financial year
2 min read5 Sep 2018Centrum Group exits forex business, raises Rs1,200 crore
Centrum Group sells Centrum Direct to Ebix for Rs1,200 crore, Centrum Direct's team and assets will be transferred to Ebix to become a part of EbixCash
1 min read4 Apr 2018Centrum group to sell money exchange business to US-based Ebix
Centrum Capital said its parent Centrum group has agreed to sell its money exchange business to US-based Ebix Inc for about Rs1,200 crore
1 min read3 Apr 2018Centrum Group looks to enter insurance, stressed assets business
Centrum Group is trying its hand at the bad loan resolution opportunity, but it is yet to form a concrete strategy for the same, says executive chairman Jaspal Bindra
2 min read14 Mar 2018Despite risks, informal sector financing sees growing interest
A panel of banking executives discuss the challenges surrounding informal sector financing
9 min read27 Feb 2018Centrum fund invests $3 million in edutech start-up Littlemore
Edutech start-up Littlemore Innovation Labs will use the funding from Centrum Group for R&D, filing patents and copyrights in Singapore
2 min read14 Feb 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared