BENGALURU, July 26 (Reuters) – Indian non-bank lender Bajaj Finance (BJFN.NS) reported a bigger-than-expected increase in quarterly profit on Wednesday, boosted by healthy loan growth and strong customer additions. The company’s consolidated profit after tax rose a little over 32% to 34.37 billion rupees ($419 million) in the first quarter, …
Read More »Qatar’s QIA in talks for minority stake in India’s Reliance Retail – FT
July 26 (Reuters) – Qatar’s sovereign wealth fund is in talks to buy a minority stake in the retail arm of Indian billionaire Mukesh Ambani-led conglomerate Reliance Industries (RELI.NS), the Financial Times reported on Wednesday. The Qatar Investment Authority is considering a $1-billion investment in Reliance Retail Ventures, for a …
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