Sundaram Finance, which holds 75.9% in Royal Sundaram, proposes to divest 25.9% shareholding in the stake sale process
2 min read15 Nov 2018In other news, private equity firm True North and its global sponsors bid to acquire a 40% stake in Royal Sundaram General Insurance, valuing it at closer to $1 billion
3 min read1 May 2018In other news, Goldman Sachs in talks to acquire stake in Royal Sundaram, while Indiabulls sells Chennai township project to Bengaluru's Ozone Group for Rs285 crore
1 min read27 Mar 2018Goldman Sachs plans to buy stake in Sundaram Finance's Royal Sundaram General Insurance through one of its private equity fund
2 min read27 Mar 2018In other news, ArcelorMittal, Tatas step up Essar Steel, Bhushan Steel bids, while Suzlon O&M arm is looking to sell a minority stake
2 min read16 Nov 2017Royal Sundaram has started a process to sell a 49%, and any deal could fetch about $500 million
1 min read16 Nov 2017In other news, Carlyle Growth is set to acquire Visionary Revenue for Rs420 crore, while HDFC Bank is ramping up its focus on startups
3 min read6 Nov 2017Royal Sundaram General Insurance intends to raise funds to bolster its solvency ratio and for business expansion
2 min read6 Nov 2017Sundaram Finance holds 49.9% in the venture and the stake purchase would increase its holding to 75.9%.
1 min read19 Feb 2015ADAG eyes foreign partners for life, general insurance business
2 min read30 Mar 2010The 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