The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Unfavourable secondary market conditions aren't a big concern for IPOs by good quality companies.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
You may invest even at current market levels provided you have an investment horizon of five years or more.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
India's ailing banks need immediate attention.
Stressing on the fact that most of the Indian batsmen's form has been a big factor in India's success so far, former batsman VVS Laxman expects them to fire on all cylinders during the quarter-final stages as well.
Add a term plan with a child mutual fund for best results.
Six firms have qualified for managing EPFO funds.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The landmark bill to liberalise the insurance industry, which marks Prime Minister Narendra Modi's first stab at legislative reforms, will now go to a parliamentary committee, which will submit a report later this year.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
The exploration company will buy back shares from January 23 and extinguish them.
The bank will have around 501 branches.
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Focus on large-caps and ensure that the portfolio is balanced.
You can look at equity-oriented balanced funds.
In 2015, foreign investors slowed net buying of Indian equities.
The KYC parameters now include declaration of the gross annual income or net worth.
Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
Credit profiles have turned healthier from a year ago
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Three fund managers share their views and state where they are looking for value.
Balanced funds may be a good option for first-time investors.
Over 700,000 new investor accounts have been opened so far in FY15.
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
While stocks are at cheap valuations, the volatility can be unnerving.
Other bidders include Abu Dhabi Investment Authority.
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
The hard truth is that unless you start investing for your children in advance, in appropriate investment avenues, you are risking their future aspirations.
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
PFRDA will invite bids to appoint pension fund managers.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Within Sebi, the chairman should hold an umbrella for both young and old employees, says Somasekhar Sundaresan.