SKS Microfinance Stock

Suresh Gurumani to sue SKS Microfinance

Posted on October 05th, 2010 in India Shares, MFI's in India, SKS Management, SKS Microfinance, SKS Microfinance CEO, SKS Microfinance Legal Case, SKS Microfinance Stock, Suresh Gurmani, Suresh Gurumani, Suresh Gurumani CEO, Vikram Akula

suresh gurumani sksUnconfirmed reports reveal that SKS Microfinace’s former CEO Suresh Gurmani is considering legal action against SKS Microfinance and could sue them in court for his abrupt termination. Gurmani has also indicated that the company’s interest could be affected by this move. Some analysts believe that one of the reasons behind this legal option could be [...]

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SKS Microfinance Market Capitalization crosses US$ 2 Billion

Posted on September 02nd, 2010 in India Shares, MFI's in India, Microfinance India, Non Banking Financial Company, SKS Market Capitalization, SKS Microfinance Stock

sks microfinance logoSKS Microfinance has risen by more than 30% on it’s issue price of Rs 985 . The market capitalization of SKS Microfinance, India’s largest micro finance company which listed on the stock markets on the 16th August 2010 has crossed US$ 2 Billion in a short span of two week. The stock also made a new 52 [...]

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SKS Microfinance founder Vikram Akula locked in bitter custody battle with former wife.

Posted on March 31st, 2010 in India Shares, Lotus Rising, Malini Byanna, Malini Lawyer, Microfinance India, Miscellaneous, SKS Microfinance, SKS Microfinance CEO, SKS Microfinance Stock, Tejas, Vikram Akula, Vikram Akula Wife

Vikram Akula the founder of SKS Microfinance which only recently filed it’s draft red herring prospectus with the Securities and Exchange Board of India has been involved in a long and protracted battle with his former wife Malini Byanna in US and Indian Courts.The Supreme Court of India is now expected to decide if it [...]

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Outlook money recommends investors to subscribe to SKS Microfinance IPO

Posted on November 02nd, 2009 in India Shares, MFI's in India, Microfinance Stocks, SKS Microfinance, Sks Microfinance IPO, SKS Microfinance Stock

SKS Microfinance
In what will be a first-of-its-kind public offering, SKS Microfinance, the country’s largest provider of financial services to the poor, will make its debut on the bourses by the end of FY10. Though this MFI, founded by ex-Mckinsey consultant Vikram Akula, is yet to file its DRHP, the issue size is expected to be [...]

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