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SEBI approves IPO plans of VLCC Health Care, Parag Milk, L&T Infotech
The capital markets regulator Securities and Exchange Board of India has approved the proposed initial public offerings (IPOs) of VLCC ......
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Kotak buys 10% stake in Anil Singhvi's proxy advisory firm IiAS
Kotak Mahindra Bank has bought 10 per cent stake in Mumbai-based proxy advisory firm Institutional Investor Advisory Services (IiAS) for ......
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Outlook 2016: Five things to watch out for the economy
Perhaps the best way to describe 2016 is that it will be a year of realistic expectations. The year has ......
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IFCI to part-exit Stock Holding Corp of India
Financial institution IFCI Ltd has received approval from the board of directors to divest part of its holding in custodial ......
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Ajay Relan on hanging up his boots, missed PE deals & more
At 62, Ajay Relan decided to take a break from managing millions of dollars—he quit his cushy job as head ......
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Factory output contracts in December
Chennai floods coupled with a slow rise in new orders and output pushed India’s factory activity in December towards contraction, ......
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Ujjivan files papers for IPO
Bengaluru-based microfinance firm Ujjivan Financial Services Ltd has filed its draft red herring prospectus with the ......
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Debt private placements rose 38% to $71B in 2015
Indian companies raised a record Rs 4.76 lakh crore in 2015 through private placement of corporate bonds to meet business ......
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Government may advance budget session to clear GST bill
Parliamentary Affairs Minister of India Venkaiah Naidu on Thursday met Congress President Sonia Gandhi and sought cooperation for the early ......
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Cabinet clears conversion of MUDRA into bank; Stand-Up plan for SC, ST entrepreneurs
The Cabinet today approved conversion of MUDRA Ltd, an NBFC, into MUDRA Bank and also setting up of a Credit ......