Markets
Finance
Reliance Nippon Life Asset Management IPO subscribed 7.5 times on second day
Reliance Nippon Life Asset Management Co Ltd’s initial public offering—the first by an Indian mutual fund manager—was covered 7.5 times ......
Finance
Sensex, Nifty hit record closing highs on bank recapitalisation hopes
Indian shares marked record closing highs for a second consecutive session on Thursday after a finance ministry official said the ......
General
Why the IPO fundraising boom will sustain for some time
Stock markets in India have had a healthy run both in terms of secondary markets as well as IPO markets. ......
Finance
Reliance Mutual Fund IPO covered nearly five times on first day
Reliance Nippon Life Asset Management Co Ltd’s initial public offering—the first by an Indian mutual fund manager—was covered nearly five ......
Finance
Bank stocks power Sensex to new record on $32 bn recapitalisation plan
Indian banking shares soared on Wednesday, sending indexes to record highs after the cabinet approved a $32 billion plan to ......
Finance
GIC Re drops on trading debut after $1.7 bn IPO
State-run General Insurance Corp of India (GIC Re) made a disappointing stock market debut on Wednesday with its shares listing ......
Finance
How long can the Indian stock markets sustain the bull run?
Equity markets have regained their sheen and become a preferred destination for investors of all categories in 2017 as benchmark ......
Finance
Reliance Mutual Fund raises $71 mn from ADIA, other anchor investors
Reliance Nippon Life Asset Management Co Ltd on Tuesday raised Rs 462.67 crore ($71.08 million) by selling shares to a ......
Finance
New India Assurance sets price band for up to $1.5 bn IPO
New India Assurance Co Ltd is targeting an IPO of up to $1.5 billion, as sources who have direct knowledge ......
Infrastructure
Kedaara Capital to score high returns via partial exit from Mahindra Logistics
Kedaara Capital, which considers itself an operationally-oriented private equity firm pursuing control and minority investment opportunities in India, is seen ......
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