Nimesh Kampani, chairman of the JM Financial group, talks to Business Standard on what led to the parting of ways with decade-old foreign partner Morgan Stanley.
Oracle Corporation's intentions to acquire an additional 35 per cent stake in i-flex Solutions may fail as its public offer did not meet with an adequate response
Chief Investment Officer of Prudential ICICI, Nilesh Shah discusses the current situation of the market in terms of inflows, valuations and the general consensus on the market.
Anil Ambani group may soon be rubbing shoulders with the likes of HDFC and ICICI Bank in the consumer loan business and the foray could give the group a return of more than 20 per cent in the next 3-4 years.
SBI Life, ICICI Pru have seen their valuations increase by 33 per cent and 35 per cent recently. SBI Life Insurance has seen its valuation soar after just 3 months while ICICI Prudential's valuation has increased in just 5 months.
I would say don't look at the market because fundamentally our economy is good and one has to see the economic story of the country and not only the market.
Warburg Pincus group and associates are making an open offer to the shareholders of Max India Ltd to acquire additional 20 per cent stake in the company for Rs 200 per share payable in cash.
Lead managers to the ensuing public issue of Oil and Natural Gas Corporation have agreed not to charge any commission on participatory notes aimed at attracting large foreign investors as part of its underwriting agreement.
Real estate, infrastructure, BPOs and telecom are likely to be the major sectors that will be going for fund raising.
Petronet LNG Ltd, which completed construction of India's first LNG import terminal at Dahej in Gujarat, announced on Monday that it will float an initial public offering of 26.10 crore
Oracle Global (Mauritius) along with Oracle Corporation has made an open offer to acquire 20 per cent equity of i-flex Solutions.
Valuations are not exactly cheap and there are global factors, which are probably not conducive to a very strong bull market rally
Franklin Templeton has won the mutual fund of the year award instituted by CNBC-TV18 and rating agency CRISIL.
DSP Merrill Lynch Mutual Fund on Monday launched three new schemes and targets to raise Rs 750 crore (Rs 7.50 billion) through the initial public offering for these schemes.
Petronet LNG Ltd will float an initial public offering of 261 million shares, representing 34.8 per cent of the total equity of the company, around mid-February, P Dasgupta, director (finance), PLL, said in New Delhi on Friday.
The government has appointed Kotak Mahindra Capital Co, DSP Merrill Lynch and JM Morgan Stanley as book runners for the public issue of 10 per cent equity shares in state exploration firm Oil and Natural Gas Corporation.
Buoyed by the 'feel good factor' in the economy, investment banking firm DSP Merrill Lynch on wednesday raised India's GDP forecast for 2003-04 to 7.3 per cent from the earlier prediction of 6.7 per cent.
Petronet LNG Ltd, which will become India's first LNG importer when Qatari RasGas' cargo lands at its Dahej import terminal in January next, has planned an initial public offering of equity shares in the same month.
Even after the split, UTI Mutual Fund continues to hold the largest market share of 14.47 per cent closely followed by ICICI Prudential, HDFC Standard Life and Templeton in the over Rs 1,00,000 crore (Rs 1,000 billion) industry.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances