In a testimony to the intense competition that exists in the hiring market, India Infoline has poached four senior executives of global investment banking and brokerage service provider CLSA.
Billionaire Gautam Adani-led group's power transmission unit has raised $1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which wiped away billions in shareholder value. Adani Energy Solutions Ltd raised the funds through a qualified institutional placement (QIP) issue, sources with direct knowledge of the matter said. The QIP, which opened on Tuesday, was oversubscribed three times with demand of about Rs 26,000 crore - making it the largest transaction in India's energy space.
While 2017 was a record year for private equity investments in India after $23.5 billion in 660 deals, 2018 too has begun with a bang.
Fairfax Financial Holdings made three investments in a month
Risk-averse investors can hold up to 10 per cent of their portfolio in gold, while aggressive ones can keep five per cent.
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Reliance, Birla Group, Airtel eye small finance banks.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
Licence winners are expected to be announced by the first quarter of 2014.
The IIT-Madras alumnus, who moved to Canada for an MBA programme and settled there, is not new to investing in India.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
With equity and commodity exchanges allowed to enter each other's areas from October, brokerages are pump-priming their businesses to allow their clients seamless trading in commodities and equities.
The progress of the GST Bill in Parliament is also likely to remain in focus
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Jaipuria has not specified the amount he is looking to raise, but says this is the right time to tap the capital markets.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Govt rules out controls on FII capital as Sensex tanks 3.97%, rupee breaches 62 intra-day & gold surges the most in two years
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