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Latest News:

Pakistan Stock Exchange, PSX

China acquires strategic 40% stake in Pakistan Stock Exchange

Karachi: A consortium led by Chinese firms has signed a strategic agreement to acquire 40 per cent equity of Pakistan Stock Exchange for USD 85 million, in a move aimed at mobilising funds for the USD 46-billion CPEC project and facilitating China's ... Read More

BSE, IPO, Stock Market, SEBI

BSE raises Rs 373 crore from anchor investors

New Delhi: Leading stock exchange BSE today raised Rs 373 crore by allotting shares to anchor investors ahead of its much-awaited initial public offer opening on January 23.

The exchange has allotted shares to anchor investors at the price of Rs 806 ... Read More

Motherson Sumi Systems, stock market

Motherson Sumi to buy Finland’s PKC Group for $609 million

New Delhi: Shares of Motherson Sumi Systems rallied nearly 4 per cent in Friday’s session after the company said its wholly-owned subsidiary will acquire Finnish company PKC Group for around Rs 4,150 crore.

In a filing to BSE, Motherson Sumi said i... Read More


Govt to infuse Rs 1,894 cr capital into SBI

New Delhi: The government, which is infusing Rs 1,894 crore capital into State Bank of India, has asked the country's largest lender to take necessary regulatory approvals for the fund infusion.

This is the part of Rs 7,575 crore capital infusion ann... Read More


FIIs, Institutions put in bids of Rs. 6,000 cr for CPSE ETF

New Delhi: The second tranche sale of government's exchange traded fund (ETF) of top 10 state-owned companies today attracted robust response with the portion reserved for anchor investors getting subscribed over three-folds to the tune of Rs... Read More

ICICI prudential , Stake Sell, Azim Premji, Temasek Holdings, ICICI Bank

ICICI Pru acquires 8.41% stake in Fino Paytech for Rs 100 cr

Mumbai: ICICI Prudential Life Insurance has acquired 8.41 percent stake in financial technology services provider Fino Paytech (FPL) for a total consideration of Rs 100 crore.

In a BSE filing, ICICI Prudential said it has "completed the acquisition a... Read More


Online healthcare platform Practo raises $55mn in fresh funding

Mumbai: Indian online healthcare platform Practo said on Tuesday it had raised $55 million from new and existing investors in a fresh round of funding led by China's Tencent Holdings.

Bengaluru-headquartered Practo, founded in 2008, acts as a one-sto... Read More

HDFC, Lending Rates

HDFC to raise Rs 800cr via NCDs to shore long term capital

New Delhi: Housing finance major HDFC will raise Rs 800 crore by issuing non-convertible debentures (NCDs) to shore up its long-term resources... Read More

IPO, SEBI, Stock Market

Security And Intelligence Services gets SEBI nod for IPO

New Delhi: Security and Intelligence Services has received market regulator Sebi's go ahead for raising an estimated Rs 500 crore through an initial public offering.

The firm provides security solutions and business support services to a wide range o... Read More

Muthoot Finance, Financial Results

Muthoot Finance to raise up to Rs 1,400 cr via NCDs

New Delhi: Muthoot Finance plans to raise up to Rs 1,400 crore through a public issue of NCDs, the subscription for which opens tomorrow.

The non-convertible debentures (NCDs) will have face value of Rs 1,000 each, aggregating to Rs 1,300 crore, and ... Read More