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MetLife may take India insurance venture public next fiscal

Finance

31 July, 2017

MetLife may take India insurance venture public next fiscal

American insurance major MetLife, Inc., which runs a life insurance business in India via a joint venture with state-run lender ......

HDFC, JV partner Standard Life to sell 15% stake in life insurance arm's IPO

Finance

29 July, 2017

HDFC, JV partner Standard Life to sell 15% stake in life insurance arm's IPO

Mortgage lender Housing Development Finance Corporation Ltd and its UK-based joint venture partner Standard Life Plc will sell a total ......

ADIA leads anchor investors as CX Partners-backed SIS raises $55 mn

Finance

29 July, 2017

ADIA leads anchor investors as CX Partners-backed SIS raises $55 mn

Patna-based Security and Intelligence Services (India) Ltd on Friday raised Rs 350.81 crore ($54.7 million) via share sale to anchor ......

Foreign investors give India thumbs up even as rates set to fall

Finance

28 July, 2017

Foreign investors give India thumbs up even as rates set to fall

When Fed taper fears jolted emerging markets in 2013, India was one of the worst hit and was forced to ......

NSE Nifty closes above 10,000 points for first time

Finance

26 July, 2017

NSE Nifty closes above 10,000 points for first time

The broader NSE Nifty rose 0.56% on Wednesday to end above 10,000 points for the first time ever, extending a ......

Govt seeks to mop up $83 mn via National Fertilizers divestment

Manufacturing

25 July, 2017

Govt seeks to mop up $83 mn via National Fertilizers divestment

The government will sell a 15% stake in state-owned fertiliser and industrial chemicals maker National Fertilizers Ltd as part of ......

Cochin Shipyard seeks $912 mn valuation via IPO

Infrastructure

25 July, 2017

Cochin Shipyard seeks $912 mn valuation via IPO

State-run shipbuilding and maintenance company Cochin Shipyard Ltd is seeking a valuation of Rs 5,872.43 crore ($911.72 million) via an ......

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Reliance Capital's mutual fund arm hires bankers for IPO

Finance

25 July, 2017

Reliance Capital's mutual fund arm hires bankers for IPO

Billionaire Anil Ambani-controlled Reliance Group has hired three merchant bankers to run the listing process of its mutual fund arm, ......

NSE Nifty crosses 10,000 for first time

Finance

25 July, 2017

NSE Nifty crosses 10,000 for first time

The NSE Nifty topped 10,000 points for the first time, as hopes for improving earnings, accelerating economic growth and more ......

Premium
HDFC Standard Life hires eight merchant banks for IPO

Finance

24 July, 2017

HDFC Standard Life hires eight merchant banks for IPO

HDFC Standard Life Insurance Co Ltd has selected eight investment bankers to arrange its much-anticipated initial public offering after its ......

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