Khazanah Nasional

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HSBC set to sell stakes in Axis and YES banks

HSBC is likely to raise up to Rs 2,450 crore (Rs 24.50 billion)by selling its stake in Axis Bank and YES Bank, said senior bankers familiar with the development.The foreign lender holds 4.76 per......

Foreign PEs to continue with profit booking in near-term

Foreign private equity funds are likely to exit completely or partially the financial services space in the near-term as part of profit-booking, but will stay invested to cash in from the long-term......

Markets end down as RIL, Tata Motors weigh

Benchmark share indices ended lower amid a volatile trading session Tuesday tracking weakness in Asia with index heavyweight Reliance Industries and Tata Motors leading the decline. The Sensex......

Idea names Kumar Mangalam chairman

Following the completion of acquisition of Tata group's 48.14 per cent stake in the GSM service provider Idea Cellular, the Aditya Birla group has reconstituted its board and appointed Kumar......

Idea close to selling off stake

Aditya Birla group-owned Idea Cellular plans to offload 33.3 per cent stake to a clutch of investors. The deal is expected to be made public soon.According to industry sources, a deal may be signed......

Web results for Khazanah Nasional

Westports to increase USD 500 million in October listin...

Westports Malaysia, operator of the country's busiest port, is likely to list on the local stock exchange in October this year in a deal that will... ...

http://www.transreporter.com/detail.php?pId=Westports-to-increase-USD-500-million-in-October-listing

British private equity firm Actis ends road JV with Tata Group

British private equity giant Actis is reportedly exiting its road projects joint venture (JV) with Tata Group by selling its 35 per cent stake to... ...

http://www.topnews.in/british-private-equity-firm-actis-ends-road-jv-tata-group-2378513

China Galaxy IPO raises $1.1 billion, priced for first day pop

By Elzio Barreto HONG KONG (Reuters) - State-owned China Galaxy Securities Co Ltd raised $1.1 billion in Hong Kong's biggest IPO in six months,... ...

http://in.reuters.com/article/2013/05/15/us-chinagalaxy-ipo-idINBRE94E03S20130515

Sun Life Financial Reports Fourth Quarter and Full Year 2012 Results

Fourth Quarter 2012 Financial Highlights Operating net income(1) of $453 million, compared to an operating loss of $221 million in the fourth... ...

http://www.andhranews.net/Intl/Web/69-51.asp

Asian insurance M&A gets pricey as region's promise beckons

By Denny Thomas and Clare Baldwin HONG KONG (Reuters) - A deal-making frenzy in Asia's insurance industry is turning up the heat on buyers to fork... ...

http://in.reuters.com/article/2013/04/29/asia-insurance-idINDEE93S02Z20130429

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Rediff News

Khazanah Nasional

News for Khazanah Nasional

HSBC set to sell stakes in Axis and YES banks

Foreign PEs to continue with profit booking in near-term

Markets end down as RIL, Tata Motors weigh

Idea names Kumar Mangalam chairman

Idea close to selling off stake

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