JM Financial stake sale: Company to sell 2.1% in home loans unit to Bajaj Allianz Life; Rs 65.5 crore deal to close by August 31
Sunday, 10 August 2025 () JM Financial Credit Solutions will sell a 2.1% stake in its home loans subsidiary to Bajaj Allianz Life Insurance for ₹65.5 crore. The deal, expected to close by August 31, will reduce JMFCSL’s holding in JM Financial Home Loans from 8.98% to 6.88%. Consequently, JM Financial’s stake in the home loans unit will decrease to 96.66%.
South China Sea Breaking: In a significant escalation of defensive capabilities, Taiwan has officially formed its first combat-ready HIMARS rocket unit. This move is designed to strengthen deterrence..
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Sunday, 10 August 2025 ()
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