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IndiGo IPO takes off, subscribed 86%

InterGlobe Aviation has already raised Rs 832 crore from anchor investors by allotting shares at the upper price band of Rs 765 apiece. The Rs 3,000-crore (Rs 30 billion) initial public offering......

IndiGo's anchor book mops up Rs 832 crore

Highest-ever collection via this route; Rs 3,136-crore IPO opens todayInterGlobe Aviation, the company that operates the country’s most-profitable airline, IndiGo, raised Rs 832 crore (Rs......

Deutsche Bank's Bagga quits

Ajay Bagga, managing director and head of the private wealth management business of Deutsche Bank in India, has resigned from his post, people familiar with the development told Business Standard.......

SBI, 4 others shortlisted to manage PF funds

EPFO's advisory body FIC on Thursday shortlisted five entities --ICICI Securities, Reliance Capital, HSBC Asset Management Company, SBI and ICICI Prudential -- for managing its corpus of Rs 3.5......

EPFO trustees to appoint fund managers tomorrow

Retirement fund manager EPFO's apex decision making body, Central Board of Trustees, will appoint new managers on Thursday for its huge corpus of Rs 3.5 lakh crore (Rs 3.5 trillion)."The final......
  Web results for Kotak Mahindra Amc
MFs have been the best option for retail investors

The mutual fund (MF) industry has been around for more than 20 years. Still, not even two per cent of the population has an MF folio. Traditional... ...
Dynamic bond funds are better option than gilt

The recent spike in returns of gilt funds has attracted attention of many investors. With interest rates expected to gradually go down in the... ...
Smart start to Samvat 2072; 10 wealth creating ideas

NEW DELHI: The domestic equity market started Samvat 2072 on a high note thanks to a huge dose of reforms booster from the government and strong... ...
Sensex rallies 150 points, Nifty50 above 7,800

NEW DELHI: The stock market marked a promising start to the new Samvat with the benchmark indices opening higher for Muhurat trading on Wednesday... ...
P Lilladher

Prabhudas Lilladher research report on Kotak Mahindra KMB's Q2FY16 consolidated PAT of Rs9.42bn was above estimates (PLe: Rs7.8bn) as Bank... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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