Latest news with #NaveenUppal
Business Standard
3 hours ago
- Business
- Business Standard
Sammaan Capital reappoints Naveen Uppal as chief risk officer
Sammaan Capital said that its board has approved the reappointment of Naveen Uppal as chief risk officer (CRO) for a further period of three years, effective 17 June 2025. Naveen Uppal brings over 27 years of experience in operations, audit, and credit risk within the finance industry. He has been associated with the company for more than 18 years and currently serves as Chief Risk Officer. Earlier, he managed the Operations department and held key positions at ICICI Bank, including Zonal Operations Head. Uppal is a qualified cost accountant (ICWA) and holds a postgraduate diploma from UCLA Anderson School of Management, USA. Sammaan Capital is registered as a non-banking financial company-investment and credit company (NBFC-ICC) with the Reserve Bank of India (RBI). Sammaan provides home loans (HLs) and loans against property (LAP)/micro, small & medium enterprise (MSME) loans. The companys consolidated net profit advanced 1.4% to Rs 324.04 crore on a 5.4% drop in total income to Rs 2,132.45 crore in Q4 FY25 over Q4 FY24. Shares of Sammaan Capital shed 0.95% to Rs 124.60 on the BSE.
Economic Times
10 hours ago
- Business
- Economic Times
Stocks in news: Hindustan Zinc, UGRO Capital, Delhivery, M&M, Vishal Mega Mart
PNB completed the sale of its entire stake (20.9% equity) in associate company, 'Mis India SME asset reconstruction company' for Rs 34 crore. Indian markets experienced a slight downturn, with several companies making headlines. Vedanta plans to sell shares in Hindustan Zinc, while UGRO Capital acquired Profectus Capital. Delhivery's acquisition of Ecom Express received CCI approval, and M&M also secured approval for the SML Isuzu acquisition. Polycab India secured a significant contract with BSNL for the BharatNet project. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets remained lackluster and ended nearly half a percent lower, continuing the ongoing consolidation phase. In today's trade, shares of UGRO Capital Vishal Mega Mart among others will be in focus due to various news Vedanta is expected to sell shares worth Rs 7,500 crore in Hindustan Zinc Ltd (HZL) through block deals, according to Capital, the DataTech NBFC focused on MSME lending, has acquired Profectus Capital, for Rs 1400 crore, company said on CCI approved Delhivery's proposed acquisition of a controlling stake in Ecom Express for about Rs 1,407 crore, marking a major consolidation move in India's logistics Capital reappointed Naveen Uppal as chief risk officer(CRO) of the company for three years with effect from June 17.M&M received unconditional Competition Commission Of India (CCI) approval for SML Isuzu acquisition and open offer. Polycab India has executed a contract worth Rs 6,447.54 crore with BSNL to act as the project implementation agency (PIA) for the BharatNet project in Karnataka, Goa, and Samayat Services LLP sold 19.6% equity in the company for about Rs 10,220 crore. Buyers include SBI Mutual Fund, Kotak Mahindra Mutual Fund and HDFC Mutual received letter of intent (LoI) from Zoram Electronics Development Corporation for a project worth Rs 43.99 completed the sale of its entire stake (20.9% equity) in associate company, 'Mis India SME asset reconstruction company' for Rs 34 Castings to shut down its MBF production facility at Khardah works unit and main plant for 10-12 days from June 18 for maintenance work.
Time of India
10 hours ago
- Business
- Time of India
Stocks in news: Hindustan Zinc, UGRO Capital, Delhivery, M&M, Vishal Mega Mart
Markets remained lackluster and ended nearly half a percent lower, continuing the ongoing consolidation phase. In today's trade, shares of UGRO Capital , Hindustan Zinc , Delhivery , M&M, Vishal Mega Mart among others will be in focus due to various news developments. Hindustan Zinc Promoter Vedanta is expected to sell shares worth Rs 7,500 crore in Hindustan Zinc Ltd (HZL) through block deals, according to report. UGRO Capital UGRO Capital, the DataTech NBFC focused on MSME lending, has acquired Profectus Capital, for Rs 1400 crore, company said on Tuesday. Delhivery The CCI approved Delhivery's proposed acquisition of a controlling stake in Ecom Express for about Rs 1,407 crore, marking a major consolidation move in India's logistics sector. Sammaan Capital Sammaan Capital reappointed Naveen Uppal as chief risk officer(CRO) of the company for three years with effect from June 17. M&M M&M received unconditional Competition Commission Of India (CCI) approval for SML Isuzu acquisition and open offer. Polycab India Polycab India has executed a contract worth Rs 6,447.54 crore with BSNL to act as the project implementation agency (PIA) for the BharatNet project in Karnataka, Goa, and Puducherry. Vishal Mega Mart Promoter Samayat Services LLP sold 19.6% equity in the company for about Rs 10,220 crore. Buyers include SBI Mutual Fund, Kotak Mahindra Mutual Fund and HDFC Mutual Fund. RailTel RailTel received letter of intent (LoI) from Zoram Electronics Development Corporation for a project worth Rs 43.99 crore. PNB PNB completed the sale of its entire stake (20.9% equity) in associate company, 'Mis India SME asset reconstruction company' for Rs 34 crore. Electrosteel Castings Electrosteel Castings to shut down its MBF production facility at Khardah works unit and main plant for 10-12 days from June 18 for maintenance work.
