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It is formed in 2022 as the result of a merger [8] of Shriram City Union Finance [9] [10] and Shriram Capital into Shriram Transport Finance. [11] Shriram Housing Finance is a subsidiary of Shriram Finance and mainly provides home loan services. [12] Shriram Life Insurance is the life insurance arm of the group, and a joint venture between ...
After selling his stake in Vodafone India, Piramal paid INR 2,014 crore to buy a 20% stake in Shriram Capital Ltd., an arm of the Chennai-based Shriram Group. The purchase was made in addition to INR 1,636 crore investment in Shriram Transport Finance Co. Ltd. for a 9.9% stake. [12] Piramal also serves as the Chairman of Shriram Group. [13]
In 1961, he started his career as a Trainee Officer with New India Assurance Co. Limited, a general insurance company. [2] Following his stint, in 1974, he set up Shriram Chits to start commercial financing business along with his friends. Over the period of time, the business evolved into a ₹60,000 crore entity.
Shriram Transport Finance Company, India 10% (3% direct and 7% via Shriram Capital) Shriram City Union Finance – 9% via Shriram Capital; Investment management: Sanlam Investments, East Africa, Kenya & Uganda – 56%; Sanlam Investments, Namibia – 86%; Botswana Insurance Fund Management – 60% via BIHL
Akhila Srinivasan is the Managing Director of the Shriram Group Shriram Life Insurance Company. [1] She is also the founder of the Shriram Foundation, a philanthropic organization with a focus on education, micro-credit, and anti-poverty initiatives, and the founder and Managing Trustee of GiveLife, a related NGO focused on humanitarian projects.
TVS & Sons is the parent company of the group. [1] The three holding companies of the subsidiaries are: T. V. Sundram Iyengar & Sons Private Ltd. (TVS & Sons) Sundaram Industries Private Ltd. Southern Roadways Private Ltd. (TVS Holding Companies) TVS Group's ten listed subsidiaries are: [2] TVS Motor Company; TVS Supply Chain Solutions; Sundram ...
Associated Press Finance. Beauty market shifts to target the young at heart in a rapidly aging Japan. Food. Food. Simply Recipes. Alex Guarnaschelli's 1-ingredient upgrade for better scrambled eggs.
[2] [3] DHFL was established to enable access to economical housing finance to the lower and middle income groups in semi-urban and rural parts of India. DHFL is the second housing finance company to be established in the country. [4] The company also leases commercial and residential premises. DHFL is among the 50 biggest financial companies ...
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