Shriram Transport Finance Co

• Shriram Equipment to Amalgamate With Transport Finance

  Shriram Equipment Finance Company (SEFC) on Wednesday said it will amalgamate with Shriram Transport Finance Co Ltd (STFC) for better synergy.

• Buy HDFC, Sell LIC Housing Today: Sanjeev Bhasin

  The Nifty is likely to see higher than normal volatility on expiry of futures contract today. Global cues are benign with China driving Asian indices higher.

• Piramal to buy 20% stake in Shriram Capital for $334 million

  Shriram Capital is the holding company for the Chennai-based Shriram group, which controls Shriram Transport Finance Co Ltd and Shriram City Union Finance.

• Blackstone, Temasek eye stake in Shriram Ventures

  Blackstone Group and Temasek Holdings are in separate talks to invest about $200 million in Shriram Ventures

• Shriram Transport falls on worries about bank license odds

  Shares in Shriram Transport Finance Co fell as much as 2.7 per cent on Tuesday after the Reserve Bank of India's clarifications on guidelines for bank license applications were seen hurting its odds of potential approval.

• TPG sells stake in Shriram Transport for $300 million

  US private equity firm TPG Capital raised about $300 million by selling its roughly 10 per cent stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd to Piramal Group, generating a near seven times return on a 2006 investment.

• Rupee posts biggest single-day gain in three weeks

  The rupee notched up its biggest single-day gain in three weeks on Friday boosted by inflows delayed by a strike that curtailed trading over the last couple of sessions, but investors were jittery ahead of the crucial 2013/14 budget next week.

• TPG sells half stake in Shriram Transport, raises $305 million: report

  US private equity firm TPG Capital has raised $305 million by selling about half of its stake in commercial vehicle financier Shriram Transport Finance Co Ltd, a source with direct knowledge of the matter said on Thursday.

• Top 13 stocks to buy in 2013

  Indian stock markets ended 2012 on a strong note with the BSE Sensex gaining over 25 per cent. The year 2013 has started on an auspicious note with the benchmark Nifty hitting a two-year high. Domestic brokerage IIFL says the current situation presents a tactical opportunity for equities on the back of continued foreign investments and the likely c...

• RATING: Fitch Assigns Final Ratings to Shriram Transport Finance Co

  MUMBAI, AUGUST 09: Text of Fitch press release on STFCL DA Feb 2011-02 of Shriram Transport Finance Co. Ltd. Fitch Assigns Final Ratings to STFCL DA Feb 2011-02 Fitch Ratings-Mumbai/Singapore-08 July 2011: Fitch Ratings has assigned final ratings to STFCL DA Feb 2011-02 (an ABS transaction) as follows: INR1,924.7m purchaser payouts: 'AA...