-
4 days ago | 
livemint.com | Dipti Sharma |Shayan Ghosh
HDB Financial Services Ltd, owned by HDFC Bank Ltd, has received the capital markets regulator’s approval for a ₹12,500-crore initial public offering. The non-bank financier filed its draft red herring prospectus (DRHP) on 30 October, comprising a fresh issue of up to ₹2,500 crore and an offer for sale of up to ₹10,000 crore. The Securities and Exchange Board of India issued an observation letter to the lender on 28 May.
-
5 days ago | 
htsyndication.com | Dipti Sharma |Shayan Ghosh
New Delhi, June 3 -- HDB Financial Services Ltd, owned by HDFC Bank Ltd, has received the capital markets regulator's approval for a Rs.12,500-crore initial public offering. The non-bank financier filed its draft red herring prospectus (DRHP) on 30 October, comprising a fresh issue of up to Rs.2,500 crore and an offer for sale of up to Rs.10,000 crore. The Securities and Exchange Board of India issued an observation letter to the lender on 28 May.
-
1 week ago | 
htsyndication.com | Mansi Verma |Dipti Sharma
New Delhi, May 27 -- Private equity giant Kohlberg Kravis Roberts (KKR) is raising its third and largest-ever Asia infrastructure fund that could top $9 billion, said three people familiar with the matter, with a large share going to India's expanding road and energy to logistics networks.
-
1 week ago | 
livemint.com | Mansi Verma |Dipti Sharma
“The firm has already secured commitments for a first close for the new fund from its limited partners and is expected to announce it soon," said the first of the three people, who spoke on the condition of anonymity.
-
2 weeks ago | 
livemint.com | Dipti Sharma |Suneera Tandon
India's diamond market, which is estimated at under $10 billion currently, is likely to double in five years on rising demand in Asia's third-largest economy, global chief executive officer (CEO) of De Beers Group Al Cook said on Thursday. De Beers Group is a South African–British company that specializes in all aspects of the diamond industry, including mining, trading, retail and manufacturing. “In India, we have seen double-digit growth for the last few years.
-
2 weeks ago | 
htsyndication.com | Dipti Sharma |Suneera Tandon
New Delhi, May 22 -- India's diamond market, which is estimated at under $10 billion currently, is likely to double in five years on rising demand in Asia's third-largest economy, global chief executive officer (CEO) of De Beers Group Al Cook said on Thursday. De Beers Group is a South African-British company that specializes in all aspects of the diamond industry, including mining, trading, retail andmanufacturing. "In India, we have seen double-digit growth for the last few years.
-
2 weeks ago | 
htsyndication.com | Mansi Verma |Dipti Sharma
New Delhi, May 19 -- Block deals are making a comeback, offering much-needed relief to India's equity capital markets amid an ongoing lull in initial public offerings (IPOs) and heightened volatility, according to experts. In just the first 15 days of May, investors executed 12 block dealsworth Rs.3,541.97 crore compared with only five deals aggregating Rs.506.37 crore in April, according to data from Prime Database.
-
2 weeks ago | 
livemint.com | Mansi Verma |Dipti Sharma
Markets Premium Summary In just the first 15 days of May, investors executed 12 block deals worth ₹3,541.97 crore compared with five deals amounting to ₹506.37 crore in April This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. Block deals are making a comeback, offering much-needed relief to India’s equity capital markets amid an ongoing lull in initial public offerings (IPOs) and heightened volatility, according to experts.
-
1 month ago | 
htsyndication.com | Gopika Gopakumar |Dipti Sharma
New Delhi, May 5 -- The global equity markets are not pricing in a severe downturn just yet because a covid-style shock looks unlikely, even as there is a risk of a mild recession in the US, according to Rig Karkhanis, head of global markets at Nomura. Any progress on a US-China settlement could calm market nerves and potentially trigger a turnaround-especially in non-US markets, said Karkhanis.
-
1 month ago | 
livemint.com | Gopika Gopakumar |Dipti Sharma
Any progress on a US-China settlement could calm market nerves and potentially trigger a turnaround—especially in non-US markets, said Karkhanis. “I think regions like Europe and India could see a significant wave of inflows and investor interest in that scenario." Karkhanis flagged some selling of US assets—both equities and debt—as investors begin shifting towards Europe, Japan and emerging markets (EMs), especially China after its fiscal stimulus announcement.
