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GIC ups stake in lender with single-biggest India cheque of 2020

Finance

17 August, 2020

GIC ups stake in lender with single-biggest India cheque of 2020

Singapore sovereign wealth fund GIC has made its single-largest investment of 2020 in India thus far as it increased its ......

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Warburg Pincus moves ahead to take another Indian portfolio firm public

Finance

20 July, 2020

Warburg Pincus moves ahead to take another Indian portfolio firm public

Private equity giant Warburg Pincus has inched a step closer to taking public one more company from its India portfolio, ......

Nifty, Sensex record fourth straight weekly gains

Markets

10 July, 2020

Nifty, Sensex record fourth straight weekly gains

Indian shares closed lower on Friday as record daily increases of domestic coronavirus cases threatened to disrupt an economic recovery, ......

Sensex, Nifty erase gains as ICICI leads banks lower

Markets

11 May, 2020

Sensex, Nifty erase gains as ICICI leads banks lower

Indian shares wiped out early gains to close lower on Monday, as a selloff in banking stocks soured optimism around ......

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GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Finance

06 May, 2020

GIC took out $200 mn from Indian BFSI bets, invested more in two private banks in Q1

Singapore sovereign wealth fund GIC Pte. Ltd shuffled several of its investments in India’s listed banking, financial services and insurance ......

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Markets

05 May, 2020

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

A rally in Indian shares lost steam on Tuesday as banking stocks slid after a report warned of stress among ......

Sensex, Nifty tumble as lockdown extends, US-China tensions flare

Markets

04 May, 2020

Sensex, Nifty tumble as lockdown extends, US-China tensions flare

Indian stocks fell sharply on Monday after the government extended a nationwide coronavirus lockdown by two weeks and as tensions ......

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Fund Scan: How Carlyle's focus on financials held it in good stead

Finance

21 April, 2020

Fund Scan: How Carlyle's focus on financials held it in good stead

It is not often that a private equity firm churns out nearly a billion dollars by exiting an investment in ......

China's central bank raises stake in HDFC

Finance

13 April, 2020

China's central bank raises stake in HDFC

The People’s Bank of China increased its stake in Housing Development Finance Corp Ltd to 1.01% from 0.8%, the Indian ......

Sensex, Nifty end lower on losses in financial stocks, global virus worries

Markets

24 February, 2020

Sensex, Nifty end lower on losses in financial stocks, global virus worries

Losses in financial stocks pushed Indian shares sharply lower on Monday, in line with global markets as world growth outlook ......