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News & Media
Essel Finance Update
Essel Finance Update
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Essel Finance eyes $1 billion revenues in forex business - DNA - 11-12-2014
Essel Finance, the financial services arm of Mumbai-based Essel Group, which has inked a deal to pick up 63% stake in Chennai-based VKC Credit and Forex, a money changing services company, is targeting $1 billion sales in 2-3 years.
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Essel Finance to buy majority stake in VKC Credit & Forex – Economic Times – 10-12-2014
Essel Finance will soon acquire a majority stake in Chennai-based VKC Credit and Forex, a money changing services company, in a move that will enable the finance company to expand its retail footprint.
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Essel Finance to pick stake in financial product retail firm – Economic Times – 07-10-2014
Essel Finance, the financial services arm of media baron Subhash Chandra promoted Essel Group, is in the process of picking up a stake in a financial product retail company with a large branch network, to expand nationwide.
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Essel Finance forays into insurance distribution business – DNA – 30-09-2014
Essel Finance, the financial services arm of Subhash Chandra promoted Essel Group, has forayed into insurance distribution business and has partnered Reliance General and Bajaj Allianz Life.
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Essel Finance to raise Rs 2,300 crore in realty push – Economic Times – 26-08-2014
Essel Finance plans to raise Rs 2,300 crore from overseas and domestic marketsthis fiscal year to finance real estate projects, as it steps into an area where banks' reluctance to lend has created demand for alternative funding options.
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Essel Finance enters SME financing with new NBFC - DNA - 07-07-2014
Essel Finance, the financial services arm of Subhash Chandra-promoted Essel Group, has launched its SME financing business through a newly-established non-banking financial company (NBFC) – Essel Finance Business Loans Ltd.
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Interview with Mr. Amitabh Chaturvedi, Managing Director, Essel Finance - Zee Business - 28-04-2014
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Essel's Private Equity arm to raise Rs 1,700 cr via 2 realty-focused funds - DNA - 21-04-2014
Funds to be invested in residential projects across top six cities in India. Essel Financial Advisors and Managers (EFAM), the private equity arm of Essel Finance, is raising two real estate-focused funds – a domestic fund of Rs 500 crore and a foreign fund of $200 million (Rs 1,200 crore).
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Essel Group plans to acquire NBFC to scale up finance biz - Business Standard - 07-02-2014
The Subhash Chandra - promoted Essel Group plans to acquire a non - banking financial company (NBFC) to scale up its activity in financial services.
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Essel Financial Services streamlines realty fund business
Essel Financial Services Ltd, a part of Subhash Chandra’s Essel Group, has appointed its investment banking chief Abhinav Bhushan as the head of its real estate fund business that’s preparing to raise a $200 million offshore fund.
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