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Airtel Africa drops 10% after $4.4 bn Nigeria listing

TMT

10 July, 2019

Airtel Africa drops 10% after $4.4 bn Nigeria listing

Airtel Africa shares fell sharply on Wednesday, a day after its debut $4.4 billion flotation in Lagos, mirroring a similar ......

Sensex ends lower as Bajaj Finance, Indiabulls Housing drag

Markets

10 July, 2019

Sensex ends lower as Bajaj Finance, Indiabulls Housing drag

Indian shares closed lower on Wednesday amid a slew of disappointing news, with Bajaj Finance Ltd and Indiabulls Housing Finance...

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Raising public float: Why $50 bn of share sales may be a blessing in disguise for India

Markets

10 July, 2019

Raising public float: Why $50 bn of share sales may be a blessing in disguise for India

Finance minister Nirmala Sitharaman’s budget proposal to revise the minimum public shareholding norms for listed companies...

Sensex, Nifty erase losses to close flat

Markets

09 July, 2019

Sensex, Nifty erase losses to close flat

Indian shares recovered from earlier falls to close little changed on Tuesday, with losses in Titan Company Ltd offset by ......

Shapoorji Pallonji Group's solar engineering arm gets SEBI nod for IPO

Infrastructure

08 July, 2019

Shapoorji Pallonji Group's solar engineering arm gets SEBI nod for IPO

Sterling & Wilson Solar Ltd, the solar engineering and construction arm of Shapoorji Pallonji Group, has received regulatory...

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Investec hires Lazard exec as corporate finance & ECM unit co-head in India

Finance

08 July, 2019

Investec hires Lazard exec as corporate finance & ECM unit co-head in India

Asset manager and investment bank Investec Capital Services (India) Pvt. Ltd has appointed Vikram Surana as the co-head of its...

Sensex drops 2% as budget gets thumbs down from investors

Markets

08 July, 2019

Sensex drops 2% as budget gets thumbs down from investors

Indian shares slumped 2% on Monday, their biggest fall so far this year, as investors were disappointed after the federal ......

Govt aims to raise $2.18 bn by cutting stakes in 18 firms to 75%

Finance

08 July, 2019

Govt aims to raise $2.18 bn by cutting stakes in 18 firms to 75%

The Indian government will attempt to cut its shareholding in state-run companies in 2019/20 to the minimum required under the...

Budget 2019: New KYC norms for foreign investors, higher public holding limits on cards

Markets

05 July, 2019

Budget 2019: New KYC norms for foreign investors, higher public holding limits on cards

The central government on Friday proposed several capital market measures such as relaxing know-your-customer (KYC) norms for...

Budget 2019: Govt lifts disinvestment target, open to reducing stake below 51%

Finance

05 July, 2019

Budget 2019: Govt lifts disinvestment target, open to reducing stake below 51%

The government on Friday increased its disinvestment target to Rs 1,05,000 crore for the current financial year from Rs 90,000...

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