JM Financial

PwC, EY, 3 others in race for HPCL transaction adviser

PwC, EY, 3 others in race for HPCL transaction adviser

PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government's over Rs 33,000 crore stake sale in HPCL to ONGC.

Aug 13, 2017, 12:41 PM IST
SBI set to hire six banks for up to $2.3 billion share sale

SBI set to hire six banks for up to $2.3 billion share sale

State Bank of India is set to hire Bank of America Merrill Lynch, Deutsche Bank, IIFL, JM Financial, Kotak and SBI Capital to manage a share sale of up to 150 billion rupees.

May 26, 2017, 10:14 AM IST
Centrum Housing Finance eyes Rs 250-crore loan book in 1st year

Centrum Housing Finance eyes Rs 250-crore loan book in 1st year

Cetrum Home Finance, the Centrum group's housing finance arm that was launched last month, plans to have a loan book of Rs 250 crore by the end of the first year of operations.

Mar 05, 2017, 16:15 PM IST
Vodafone appoints six investment banks for $3billion India IPO

Vodafone appoints six investment banks for $3billion India IPO

Telecom major Vodafone is getting closer to its initial public offering (IPO) plan in India and the company has already selected investment bankers for the issue.

Apr 30, 2016, 19:11 PM IST

Coal India stake sale: Govt shortlists 5 merchant bankers

Government has shortlisted five Indian merchant bankers, including JM Financial, SBI Capital and ICICI Securities, for managing the over Rs 21,000-crore stake sale in Coal India.

Nov 26, 2015, 19:32 PM IST

Vikram Pandit-led fund invests Rs 540 cr in JM Financial arm

Well known banker Vikram Pandit-led global fund has invested Rs 540 crore in JM Financial's real estate lending subsidiary FICS.

Nov 20, 2014, 23:06 PM IST

Azim Premji may hike stake in JM Financial

As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional five percent stake in the company that has also roped in former Citibank chief Vikram Pandit as a key investor for its banking pursuit.

Dec 01, 2013, 16:13 PM IST

JM Financial stock surges 17% after tie-up with Vikram Pandit

Shares of JM Financial on Friday shot up by nearly 17 percent in morning trade, after the company said former Citigroup chief Vikram Pandit will buy stake in it.

May 17, 2013, 15:49 PM IST

Sensex fails to maintain early momentum; moves southwards

The BSE Sensex on Friday failed to maintain initial gains and declined by seven points in late morning deals due to mild profit booking in consumer durables, healthcare, capital goods and banking sectors, following overnight losses in the US market.

May 17, 2013, 09:55 AM IST

Vikram Pandit to buy stake in JM Financial, to lead its banking foray

Beginning a new innings, former Citigroup chief Vikram Pandit will spearhead Nimesh Kampani- led JM Financial's proposed banking venture and will also make a strategic investment in the financial services group.

May 16, 2013, 22:58 PM IST