AUTO
Truck Rentals Stay Wobbly As Fleet Operators Struggle To Pass On Costs
India’s trucking industry remained under pressure in May 2026 despite strong growth in vehicle sales, rising fuel consumption and higher toll collections, highlighting a divergence between freight market conditions and broader mobility trends. According to the latest Shriram Mobility Bulletin, truck rentals remained wobbly during the month as fleet operators grappled with higher fuel costs, […]
CW Bureau
·
Jun 4, 2026
BANKING & FINANCE
Shriram Finance’s AAA Leap Signals New Regime For Its Deposit Business
Shriram Finance Executive Vice Chairman Umesh Revankar has said Shriram Unnati Fixed Deposits have secured AAA ratings from all leading credit rating agencies, positioning the programme among the safest fixed deposit offerings in the country. The ratings upgrade comes even as the company effected a marginal reduction in interest rates on Shriram Unnati Deposits from […]
CW Bureau
·
May 7, 2026
BANKING & FINANCE
MUFG Bank Acquires 20% Stake In Shriram Finance For ₹39,618 Cr
MUFG Bank Ltd, a consolidated subsidiary of Mitsubishi UFJ Financial Group Inc (MUFG), has made a strategic investment of ₹39,618 crore towards acquiring 20% equity stake in Shriram Finance Ltd (SFL), thus marking one of the largest cross-border investments in India’s financial services sector. Strategic investment completed MUFG Bank acquired 47.11 crore equity shares of […]
CW Bureau
·
Apr 8, 2026
