Business  /  Published 16.09.20

Flipkart in overseas IPO bid

Walmart acquired a roughly 77 per cent stake in Flipkart for about $16 billion back in 2018. That deal remains the single largest foreign direct investment in India. It turned Flipkart’s founde...
By Reuters in

Business  /  Published 02.12.18

SBI insurance arm tests IPO waters

The State Bank of India’s general insurance arm expects to hit the capital market with its initial public offer towards the end of 2019-20.A joint venture between State Bank of India and Insurance A...
By A Staff Reporter in Calcutta

Business  /  Published 04.11.18

Dial D for digital shares

Today, shares are issued in dematerialised or digital form. But there was a time not too long ago when paper share certificates were the only way to hold stock in listed companies. Transacting throug...
By Adhil Shetty in

Business  /  Published 02.02.20

LIC IPO may come in 2nd half of FY21

Listing of insurance behemoth Life Insurance Corporation (LIC) may be done in the second half of the next financial year, Finance Secretary Rajiv Kumar said on Sunday.Finance Minister Nirmala Sitharam...
By PTI in New Delhi

Business  /  Published 13.01.19

Market mood key to selloffs

The choppy stock markets could mar the government’s prospect of meeting the Rs 80,000-crore divestment target set for the current fiscal. The final sprint to meet the target is set to begin in the c...
By R. Suryamurthy in New Delhi

Business  /  Published 11.11.18

Reliance Insurance IPO push

Reliance General Insurance, part of Anil Ambani-led Reliance, plans to file fresh papers with the Sebi to float an initial share sale as the regulatory approval for the insurer’s IPO is set to lapse...
By PTI in New Delhi

Business  /  Published 26.11.18

Airtel Africa IPO drill

Bharti Airtel’s Africa business arm on Monday announced the appointment of eight global banks, including JP Morgan, Citigroup and Goldman Sachs, to work on its initial public offer plan.“Airtel Af...
By PTI in New Delhi


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