[SINGAPORE] As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been successfully paid out, said the wealth investment firm. “All customers who have received their withdrawals have received 100 per cent of their capital invested, together with all their earned
SINGAPORE – Financial services platform Chocolate Finance has paid out all withdrawal requests made between March 10 and March 18, the firm announced on March 21. Customers received 100 per cent of their capital and all earned returns, it noted, adding that withdrawal requests continue to be processed in an “orderly fashion”, in line with
Shares of non-bank lender Manappuram Finance rose as much as 14% in intraday trade on Friday to hit a record high after private equity firm Bain Capital said it will be invest ₹4,385 crore to acquire an 18% stake in the Kerala-based non-banking financial company (NBFC). Bain Capital has entered into definitive agreements to acquire
Bajaj Finance shares ros sharply on Friday to hit a record high, just a day after it promoted veteran leader and managing director Rajeev Jain to the post of vice chairman. Shares of the non-banking financial company rose 3.5% in early trade to reach a day’s high of 9,070. At around 10:35 am, shares of
Shares of Manappuram Finance will be reacting to the news of Bain Capital acquiring stake in the company on Friday, March 21. Most of the analysts having coverage on the stock, have raised their price targets on the gold loan financier. However, it must be noted that shares of Manappuram Finance are in the Futures
Shares of Manappuram Finance Ltd. have surged as much as 6% on Friday, March 21, thereby hitting a record high in the process. The stock is reacting to Bain Capital acquiring stake in the company. Most of the analysts having coverage on the stock, have raised their price targets on the gold loan financier. However,
Shares of Bajaj Housing Finance Ltd. will be in the spotlight on Friday, March 21, as the stock will be receiving inflows as part of the FTSE rebalancing adjustments, which will take place towards the close of the trading session. Bajaj Housing Finance shares are one among the 14 stocks who have been included in
It’s kind of a lot to live with a personal finance reporter like me. Everything is diversification and risk, prudent investing and delayed gratification. So it was not a surprise a few years ago when my wife started asking open-ended questions about what constitutes smart real estate decision-making as the planet warms and the weather
Nicola Sturgeon, Scotland’s former first minister and once one of Britain’s most prominent politicians, is no longer being investigated over allegations of embezzlement at the Scottish National Party, which she led until two years ago. The Scottish police, in a statement, lifted a cloud that had been hanging over Ms. Sturgeon since her arrest and
Private equity firm Bain Capital on Thursday said it has entered into definitive agreements to acquire joint control in Manappuram Finance, the country’s second-largest gold loan firm, through an 18% stake for Rs 4,385 crore. The stake will be acquired via a preferential allotment of equity shares and warrants at Rs 236 per share, implying