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Alibaba postpones up to $15 bn Hong Kong listing amid protests

TMT

21 August, 2019

Alibaba postpones up to $15 bn Hong Kong listing amid protests

China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing in Hong Kong amid...

Sensex settles lower as financial, consumer stocks weigh

Markets

20 August, 2019

Sensex settles lower as financial, consumer stocks weigh

Indian shares settled lower on Tuesday, led by a fall in financial and consumer stocks with Yes Bank Ltd closing ......

Shapoorji Pallonji's solar EPC arm Sterling & Wilson Solar skids on market debut

Infrastructure

20 August, 2019

Shapoorji Pallonji's solar EPC arm Sterling & Wilson Solar skids on market debut

Sterling & Wilson Solar Ltd, the solar engineering, procurement and construction (EPC) arm of Shapoorji Pallonji Group, made...

Nifty, Sensex give up early gains as automakers, banks weigh

Markets

19 August, 2019

Nifty, Sensex give up early gains as automakers, banks weigh

Indian shares came off their session peak to close a tick higher on Monday, as strength in pharmaceutical stocks was ......

PE-backed microlender Spandana Sphoorty makes tepid stock market debut

Finance

19 August, 2019

PE-backed microlender Spandana Sphoorty makes tepid stock market debut

Hyderabad-based microlender Spandana Sphoorty Financial Ltd made a weak debut on the stock exchanges on Monday with its shares...

Ujjivan Small Finance Bank files for IPO

Finance

16 August, 2019

Ujjivan Small Finance Bank files for IPO

Ujjivan Small Finance Bank Ltd, a unit of non-bank lender Ujjivan Financial Services Ltd, has filed a draft prospectus with ......

Sensex, Nifty down this week on US-China trade conflict, global recession fears

Markets

16 August, 2019

Sensex, Nifty down this week on US-China trade conflict, global recession fears

Indian shares ended a tick higher on Friday, powered by gains in banking stocks, but finished lower for the week ......

State Bank of India gears up for IPO of PE-backed credit cards unit

Finance

14 August, 2019

State Bank of India gears up for IPO of PE-backed credit cards unit

State Bank of India is considering a plan to dilute its stake in its credit card subsidiary via an initial ......

Standard Life sells $452-mn stake in HDFC Life Insurance

Finance

14 August, 2019

Standard Life sells $452-mn stake in HDFC Life Insurance

Standard Life, the UK-based investment manager, on Wednesday sold shares worth Rs 3,225.49 crore ($452 million at current exchange...

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Indian I-banking veteran to acquire IDFC's securities broking business

Finance

14 August, 2019

Indian I-banking veteran to acquire IDFC's securities broking business

A top investment banking professional has struck a deal to purchase the securities broking business of IDFC Ltd in a ......

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