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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 ......

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As smaller life insurers lose ground, will coronavirus drive consolidation?

Finance

11 May, 2020

As smaller life insurers lose ground, will coronavirus drive consolidation?

Small private-sector life insurance companies lost ground to their bigger peers as a slowdown began to singe the Indian economy ......

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How Pakistan "helped" India open the disinvestment account in new fiscal year

TMT

05 April, 2019

How Pakistan "helped" India open the disinvestment account in new fiscal year

Life Insurance Corporation (LIC) of India and two other state-run insurers have acquired the so-called "enemy shares" in software services ......

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UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

Finance

06 August, 2018

UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as the mutual fund ......

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Why taking over IDBI Bank may be a bad deal for LIC

Finance

16 July, 2018

Why taking over IDBI Bank may be a bad deal for LIC

When all else fails, complicate matters. Aaron Allston, the American science fiction author best known for Star Wars novels, is ......

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IDBI Bank picks bankers for sale of non-core assets

Finance

08 September, 2017

IDBI Bank picks bankers for sale of non-core assets

State-run IDBI Bank has hired several investment banks to sell its non-core businesses as part of efforts to shore up ......

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IDBI Bank seeks bankers to sell non-core businesses

Finance

14 August, 2017

IDBI Bank seeks bankers to sell non-core businesses

State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......