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Investors pile on biggest India IPO in six years as ICICI Pru issue oversubscribed 9.5 times

General

21 September, 2016

Investors pile on biggest India IPO in six years as ICICI Pru issue oversubscribed 9.5 times

ICICI Prudential Life Insurance Co. Ltd’s initial public offering (IPO) recorded bids for 10.5 times the shares on offer or ......

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21 September, 2016

Multiples PE plans to enter stressed assets biz

Renuka Ramnath-led private equity firm Multiples Alternate Asset Management is looking to enter the stressed assets investment segment, sensing the ......

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28 September, 2016

Bharat Financial Inclusion raises $112 mn via institutional share sale

Bharat Financial Inclusion's Rs 750 crore QIP closed today and was oversubscribed multiple times."The qualified institutional placement (QIP) which was ......

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26 September, 2016

FIPB approves BNP Paribas' acquisition of Sharekhan

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.Among the proposals ......

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23 September, 2016

SEBI eases rules for REITs, InvITs; may tighten disclosure norms for PIPE deals

The Securities and Exchange Board of India on Friday said it will consider framing rules for listed companies backed by ......

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23 September, 2016

India decides GST exemption limits for firms, to fix rate next month

Moving on fast track to roll out the new indirect tax regime from April 1, GST Council on Friday fixed ......

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23 September, 2016

Supreme Court sends Sahara chief Subrata Roy back to prison

The Supreme Court today cancelled all interim relief including bail granted to Sahara chief Subrata Roy and two others and ......

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22 September, 2016

Patanjali's Balkrishna, Turakhia brothers enter Forbes rich list; Flipkart founders exit

Reliance Industries Ltd (RIL) chairman Mukesh Ambani has topped the Forbes India rich list for the ninth year in a ......

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22 September, 2016

Govt appoints three members to rate-setting panel

The Indian government on Thursday appointed three members on the Monetary Policy Committee (MPC), who along with RBI nominees are ......

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27 September, 2016

Why banks are better positioned to march to the fintech tune

Having been a user of banking technology platforms for quite a long time, I find the current euphoria around fintech ......

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