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The Economic Times

Adar Poonawalla’s Rising Sun Holdings buys office space in Pune for Rs 395 crore

Rising Sun Holdings, co-owned by Adar Cyrus Poonawalla, has acquired a large office space in Pune's Hinjewadi IT hub for Rs 395 crore. The purchase includes four floors of Cerebrum IT Park, covering 2.2 lakh sq ft. This acquisition is part of Rising Sun Holdings' expanding real estate portfolio.

Mint

Poonawalla Fincorp share price in green, as company rewards 300,000 stock options to employees at ₹382.63 apiece

ESOP 2024: Poonawalla Fincorp has granted 300,000 stock options to its employees under its ESOP-2024 - Scheme-II

Mint

ESOP 2024: Poonawalla Fincorp rewards employees with 500K stock options, records 52% AUM growth

Poonawalla Fincorp has rewarded its employees with 500,000 stock options, while also reporting robust growth in Assets Under Management and improved asset quality.

The Economic Times

RBI imposes penalties on BoM, Hinduja Leyland Finance, Poonawalla Fincorp

RBI penalized Bank of Maharashtra with Rs 1.27 crore for breaching directives like Know Your Customer. Hinduja Leyland Finance Ltd faced a Rs 4.90 lakh penalty for similar violations, while Poonawalla Fincorp Ltd was fined Rs 10 lakh for charging interest on loans before disbursement, violating loan terms.

Business Standard

Stock Alert: HDFC Bank, Raymond, Poonawalla Fincorp, IDBI Bank, Punjab National Bank,

HDFC Banks gross advances fell 0.8% QoQ at Rs 24.87 lakh crore, while the deposits were flat to Rs 23.79 lakh crore. CASA deposits were down 5% quarter-on-quarter at Rs 6.83 lakh crore for the quarter ended 30 June 2024.