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Motilal Oswal Financial Services was set up by Motilal Oswal and Raamdeo Agrawal as a broking house in 1987. [5] The company entered into investment banking in 2005, followed by private equity fund in 2006. [6] In February 2006, the company acquired Peninsular Capital Markets, a Cochin, Kerala based broking company for Rs. 35 crore. [7]
Indian Railway Finance Corporation (IRFC) is an Indian public sector undertaking [3] engaged in raising financial resources for expansion and running through capital markets and other borrowings. [ 4 ] [ 5 ] The Government of India owns a majority stake in the company, while the Ministry of Railways has administrative control.
IRFC may refer to: Indian Railway Finance Corporation, an Indian railway financing company; Islamabad Rugby Football Club, a rugby football club from Islamabad, Pakistan
Oswal is associated with various social organisations. He is the President of the Jain International Trade Organisation (JITO) and a Trustee of "Agarwal-Oswal Chhatravas" of the Rajasthan Vidyarthi Griha, among others. [8] He has authored two books of quotations on The Essence of Business & Management and The Essence of Life.
Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [ 1 ] (worth ₹15 lakh & ₹41 lakh in 2017 prices).
SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a leading Life Insurance company in India. [6] SBI Life started as a joint venture with BNP Cardif S.A, which is the life and property & casualty insurance arm of BNP Paribas , one of the strongest banks in the world, in 2001. [ 6 ]
[1] Monte Carlo Fashions limited is selling its apparel products under the brand name of Monte Carlo [2] [3] [4] which was established in 1984 [5] [6] by Oswal Woollen Mills Limited [5] and is owned by parent company Nahar Group [7] based in Ludhiana, Punjab. Jawahar Lal Oswal Jain is the chairman and managing director of the company.