Tag: Magma Fincorp

Poonawalla Fincorp CEO Vijay Deshwal resigns to take up new role

businessnewstoday- March 5, 2022

Poonawalla Fincorp Limited (previously Magma Fincorp Limited) said that its CEO Vijay Deshwal has resigned with immediate effect to join the Cyrus Poonawalla Group where ... Read More

Poonawalla Fincorp brings in Gaurav Sharma as group CTO

businessnewstoday- September 3, 2021

Poonawalla Fincorp Limited (previously Magma Fincorp Limited), an Indian non-banking finance company, has roped in Gaurav Sharma as its group chief technology officer (CTO). Gaurav ... Read More

Magma Fincorp renamed as Poonawalla Fincorp Limited

businessnewstoday- July 22, 2021

Magma Fincorp, an Indian non-banking finance company (NBFC), owned by Adar Poonawalla-controlled Rising Sun Holdings, has changed its name to Poonawalla Fincorp Limited. The company ... Read More

Magma Fincorp announces joining of new CEO Vijay Deshwal

businessnewstoday- June 21, 2021

Magma Fincorp announced that Vijay Deshwal has joined the Mumbai-based non-banking financial company as the group CEO. The development follows the company’s recent appointment of ... Read More

Magma Fincorp appoints Serum Institute CEO Adar Poonawalla as chairman

businessnewstoday- June 1, 2021

The board of Magma Fincorp, a Mumbai-based non-banking financial company, has appointed Serum Institute of India CEO Adar Poonawalla as the company’s chairman. It can ... Read More

Magma Fincorp shareholders approve acquisition by Rising Sun Holdings

businessnewstoday- March 10, 2021

Magma Fincorp said that its shareholders have approved Rising Sun Holdings’ (RSHPL) acquisition of a controlling stake in the former. In February 2021, Rising Sun ... Read More

Rising Sun Holdings to acquire controlling stake in Magma Fincorp

businessnewstoday- February 11, 2021

Rising Sun Holdings (RSHPL), a company controlled by Serum Institute of India CEO Adar Poonawalla, has agreed to acquire a controlling stake in Magma Fincorp, ... Read More