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Citic Securities Co

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ICICI Life gets Sebi nod for biggest IPO in 6 years

Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300 ICICI Prudential Life Insurance Company has got approval of the Securities and......

Chinese brokers woken from global dreams by market emergency

Chinese brokers had been looking to use some of the cash they raised this year to expand their global reach The business plans and overseas ambitions of Chinese brokerages are being shelved as......

Chinese broker cashes in on doped-up stock markets

The more capital brokerages have, the more they can lend to customers to buy stocks. China's brokers are capitalising on a doped-up investor base, high on the returns from rising markets. CITIC......

Goldman exits China's ICBC, 7 years, billions later

Goldman Sachs Group Inc raised $1.1 billion by selling its remaining shares in Industrial and Commercial Bank of China, ending a seven-year old investment and handing the Wall Street firm a return......

Calamitous confessions

In the hamlet of Garagaparru, about eight hours' drive towards the Bay of Bengal from the southern Indian city of Hyderabad, a farmer washes his water buffaloes in a muddy canal near a bridge. One......

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