Tag Archives: finance

IndoStar to buy CV finance business of IIFL Finance

Mumbai: IndoStarNSE 3.49 % Capital Finance Limited today signed a binding agreement to acquire the CV finance business of India InfolineNSE -8.88 % Finance Limited (IIFL Finance), a subsidiary of IIFL Holdings Limited. The acquisition includes the entire CV finance AUM of Rs. 3,949 crore as on December 31, 2018, comprising of Rs 2,450 crore of loan portfolio and Rs. 1,499 crore of securitisation… Read More »

China to open up finance, education, culture sectors for FDI

China continued to attract large FDI inflows despite the slowdown of the economy which decelerated to 6.9 per cent last year.  Facing economic slowdown, China will open up service sectors such as education, finance and culture for FDI to remain an attractive destination for overseas investment. In a bid to attract more foreign investment to put the economic… Read More »