Chennai-based Five-Star Business Finance, based in Chennai expects its loan book to grow 30% in the current financial year (FY25). Total disbursements for January-March period grew 20% to ₹1,336 crore from ₹1,110 crore last year. Lakshmipathy Deenadayalan, Chairman and Managing Director of the non-bank finance company (NBFC) said, “I don't see any kind of weakness, both in loan growth as well.
Open FlipCoforge's board of directors have approved the acquisition of a 54% stake in Cigniti Technologies at a per share price of Rs 1,415, the company on Thursday said in its filing to the exchanges. The acquisition process is expected to be completed by Q2FY25.Coforge has agreed to enter into a share purchase agreement with the promoters and select public shareholders of Cigniti subject to execution.
Open FlipLemonade (NYSE: LMND) beat analyst estimates on both the top and bottom lines, but the big story is that the company is showing investors a clear path to profitability. In this video, I'll discuss the numbers and why Lemonade's updated profitability timetable is such a big deal.*Stock prices used were the afternoon prices of May 1, 2024. The video was published on May 1, 2024.
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