CCI Approves Rs.46.30 Bn Deal Between Warburg Pincus, Shriram Housing Finance

23 Aug 2024 CW Team

The Competition Commission of India (CCI) has given its nod to a ?46.30 billion deal between global private equity firm Warburg Pincus and Shriram Housing Finance. This strategic investment marks a significant step for both entities as they aim to strengthen their position in India?s rapidly growing housing finance sector.

Warburg Pincus will acquire a substantial stake in Shriram Housing Finance, part of the larger Shriram Group. This infusion of capital is expected to accelerate the housing finance company's growth, helping it expand its product portfolio and geographical reach. The deal is seen as a win-win for both parties, with Warburg Pincus gaining a foothold in India's booming financial services market, and Shriram Housing Finance receiving the financial backing needed to compete more aggressively.

Shriram Housing Finance, which has been focusing on affordable housing loans, particularly in the semi-urban and rural sectors, plans to use the funds to scale its operations, enhance technology integration, and improve customer services. The deal aligns with the company?s strategy to become a significant player in the Indian mortgage market.

This approval from the CCI removes a key regulatory hurdle, allowing both companies to move forward with the transaction and implement their growth strategies.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..