Foreign investors buy into India story again, PEs monetise betsSeveral large investors and funds, including Canada Pension Plan Investment Board (CPPB), Abrdn Investment Management, TPG, Warburg Pincus,...
26 Jun, 2023, 06.16 AM IST
Bulk & block deals worth Rs 18,900 crore this week. Shriram Finance tops chart in value termsBlock and bulk deals involving both buying and selling actions were prominent in at least 7 companies last week, such as Shriram Finance, T...
24 Jun, 2023, 11.43 AM IST
Shriram Finance, HDFC AMC’s investability weightage increases in FTSE World indexFTSE Russell, the index aggregator, has increased the investability weightages for Shriram Finance and HDFC Asset Management Company in the...
21 Jun, 2023, 08.27 PM IST
Piramal Enterprises to sell 8.34% stake in Shriram FinIn FY13, Piramal Enterprises sold its domestic pharmaceutical formulations business to Abbott Laboratories for ₹17,000 crore and had invest...
21 Jun, 2023, 06.02 AM IST
UK's abrdn exits India's HDFC AMC in $432 mln stake saleBritish asset manager abrdn plc has sold its entire 10.2% stake in India's HDFC Asset Management Co Ltd for about Rs 3,547 crore, or about ...
20 Jun, 2023, 06.26 PM IST
Abrdn makes up to 126x return by selling HDFC AMC sharesUK-based Abrdn Investment Management has sold its 2.18 crore shares in HDFC Asset Management Company for 126 times the price at which it ac...
20 Jun, 2023, 12.21 PM IST
HDFC AMC shares jump 8% on stake sale by promoter Abrdn InvestmentShares of HDFC Asset Management Company (AMC) surged 8% after the UK-based Abrdn Investment Management, which held a 10.2% stake in the com...
20 Jun, 2023, 09.37 AM IST
Stocks in news: HDFC AMC, IIFL Securities, IndiGo, Can Fin Homes, Timken India, Aether IndustriesPrivate equity firm TPG Investments, through its India arm, has sold its entire stake in Shriram Finance through open market transactions o...
20 Jun, 2023, 07.20 AM IST
Abrdn Investment Management set to exit HDFC AMCAbrdn Investment Management, formerly known as Standard Life, plans to sell its entire 10.2% stake in HDFC Asset Management Company in an o...
20 Jun, 2023, 06.00 AM IST
Promoter Abrdn Investment to sell entire stake in HDFC AMC via block dealPromoter Abrdn Investment Management is set to sell its entire 10.2% stake in HDFC AMC through block deals, offering 2.18 crore shares at R...
19 Jun, 2023, 07.51 PM IST
Adani investor GQG Partners offloads part stake in HDFC AMC in open market transactionGQG Partners has sold about 24.7 lakh shares or 1.16% equity in the company for nearly Rs 397 crore. The deal was executed at an average we...
20 Mar, 2023, 09.34 PM IST
Emerging markets will have to weather another dollar hurrahWith the bulk of Federal Reserve aggressive rate increases already over, some of the world’s top investors predict the dollar will soon fal...
27 Feb, 2023, 08.32 AM IST
Promoter abrdn Investment plans to sell entire 10.2% stake in HDFC AMCOf the 10.21 per cent stake, abrdn Investment is looking to place up to 2,11,18,578 shares, amounting to 9.9 per cent with a single buyer, ...
08 Dec, 2022, 09.45 AM IST
Abrdn to sell its entire 10.2% stake in HDFC AMCThe brokerage said the move will alleviate the supply risk in the stock. In a notice to the stock exchanges, HDFC AMC said co-sponsor abrdn...
08 Dec, 2022, 06.02 AM IST
Promoter abrdn Investment to sell entire 10.2% stake in HDFC AMCConsequent to the stake sale, abrdn Investment Management will cease to be a co-sponsor of HDFC Mutual Fund; the sale could fetch the UK fi...
06 Dec, 2022, 08.35 PM IST
Sebi gives in-principle approval for change in control of HDFC AMC"Sebi has granted its in-principle approval for the proposed change in control of HDFC Asset Management Company Limited along with the chan...
05 Aug, 2022, 06.31 PM IST
Britain's asset managers call for blockchain funds regimeThe use of blockchain technology, which underpins cryptocurrencies, to support tokenised funds can also reduce operational costs, industry ...
07 Jul, 2022, 05.01 PM IST