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Adani sell-off extends; India's opposition lawmakers launch protests

Finance

06 February, 2023

Adani sell-off extends; India's opposition lawmakers launch protests

Lawmakers of India's main opposition party kicked off planned protests at some state-run companies on Monday over the crisis at ......

Lacklustre listing for India's biggest-ever IPO, LIC stock hits the bourses at a discount

Finance

17 May, 2022

Lacklustre listing for India's biggest-ever IPO, LIC stock hits the bourses at a discount

Shares in Life Insurance Corp of India (LIC) slid 5% in their market debut on Tuesday, a fresh setback for ......

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Finance

09 May, 2022

Markets end in the red; rupee at record low, crosses 77.50/$ mark

Markets fell and the rupee hit an all-time low Monday, weighed down by global economic growth worries due to tightening ......

LIC's shares subscribed 100% on second day of IPO

Finance

05 May, 2022

LIC's shares subscribed 100% on second day of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - reached the milestone ......

Strong start for LIC on day 1 of IPO

Finance

05 May, 2022

Strong start for LIC on day 1 of IPO

The subscription for India’s biggest initial public offer ever - of Life Insurance Corp of India - witnessed a strong ......

LIC to open India's biggest IPO issue by mid-March - sources

Markets

13 January, 2022

LIC to open India's biggest IPO issue by mid-March - sources

Life Insurance Corporation (LIC), India's largest insurer, could publish key details of its mammoth initial public offering (IPO) this month ......

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Private equity-backed firms won't stop partying in IPO markets anytime soon

Markets

20 May, 2021

Private equity-backed firms won't stop partying in IPO markets anytime soon

Firms backed by private equity played a meaty role in the huge IPO rush seen this year and there’s no ......

Grapevine: Amazon hires AZB in Future case; Tiger Global-backed OkCredit weighs merger

General

16 October, 2020

Grapevine: Amazon hires AZB in Future case; Tiger Global-backed OkCredit weighs merger

Amazon.com Inc. has hired law firm AZB Partners to challenge Future Group’s sale of its retail business to Reliance Industries ......

UTI AMC gets $87 mn from anchor investors as IPO crosses one-fourth mark

Finance

29 September, 2020

UTI AMC gets $87 mn from anchor investors as IPO crosses one-fourth mark

The initial public offering of UTI Asset Management Co Ltd, the country’s eighth-largest mutual fund house by assets under management, ......

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

General

19 August, 2020

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

Bennett Coleman & Co. Ltd (BCCL), also known as Times Group, is looking to sell around 10% stake in its ......