Categories
Investment

IndoStar Capital Finance raises Rs1,225 cr equity capital from Brookfield

IndoStar Capital Finance, a Mumbai-based non-banking finance company registered with the Reserve Bank of India as a systemically important non-deposit taking company, announced that it has raised Rs 1,225 crore equity capital from Brookfield, according to an ET report. The investment by Brookfield in the retail-focussed NBFC is a combination of primary investment in equity […]

Categories
Executive Movements

Shriram Capital MD CEO R Sridhar exits from his executive role

R Sridhar, the Managing Director and Chief Executive Officer  for Shriram Capital has stepped down from his full-time executive role in the company. Sridhar, has been with Shriram Group for the last 28 years in various roles and predominantly as the CEO in its flagship NBFC Shriram Transport Finance Company. He would however continue to […]