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shriram finance

Stressed logistics firms are turning to used trucks to cut costs

by Adesola Mojo
Stressed logistics firms are turning to used trucks to cut costs

The market for used trucks has seen a significant increase in prices over the past year, particularly in the light commercial vehicle segment. According to the Shriram Mobility Bulletin, vehicles …

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Categories Automobile

Piramal Enterprises Q1 Results: Company reports Rs 509 crore profit from Shriram stake sale

by Craig Fedirighi
Piramal Enterprises Q1 Results: Company reports Rs 509 crore profit from Shriram stake sale

A one-time gain of Rs 855 crore from the sale of its stake in Shriram Finance helped Piramal Enterprises report Rs 509 crore consolidated net profit for the April-June quarter, …

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Categories Business

With a $20 billion arsenal, Mukesh Ambani successfully disrupts NBFC hierarchy with JFSL demerger.

by Craig Fedirighi
With a  billion arsenal, Mukesh Ambani successfully disrupts NBFC hierarchy with JFSL demerger.

Billionaire Mukesh Ambani, the king of disruption, is once again making waves in the financial world. Just as Bajaj Finance became India’s most valued NBFC after a $40 billion reverse …

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Categories Business

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