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Axis Mutual Fund temporarily suspends subscription in its 3 international funds, removes Rs 1 lakh limitAxis Mutual Fund has temporarily suspended subscriptions to three overseas fund-of-fund schemes, including Global Equity Alpha, Global Inno...
Unlocking $161 billion: What India must do to boost China exportsChina is the world's second-largest importer after the US, with total imports valued at about $2.6 tn in 2024. Yet, India's share in China'...
MUFG likely to sweeten $1.7 billion offer for HDB FinanceThe two sides are seeking to reach an agreement in about a month, the people said, asking not to be identified discussing private informati...
HDFC Bank becomes world’s 7th largest lender post mergerThe market value of HDFC Bank is now more than that of Bank of China and Royal Bank of Canada. The merged entity was listed on Monday follo...
How logjam with China has hit Indian startupsApart from Ant, SoftBank and SAIF Partners are currently the other large shareholders in One97 Communications with stakes of around 19% and...
A look at Chinese central bank's growing India footprintA couple of days ago, the Chinese central bank followed up its March stake buy in HDFC with another fresh purchase — this time in ICICI Ban...
CAIT criticises ICICI, HDFC over People’s Bank of China investmentsPeople’s Bank of India is one out of the over 350 investors who participated in ICICI Bank’s Rs 15,000 crore QIP. The Chinese lender bought...
People's Bank of China picks up 0.006% stake in ICICI Bank through QIPInvestment banking sources said the Chinese bank was among 357 institutional investors -- including domestic mutual funds, insurance compan...
After HDFC, People's Bank of China invested in these bluechips last fiscalAt the end of March 2020, PBOC held around Rs 4,418 crore worth of stakes in HDFC, Asian Paints and Ambuja Cements.
People's Bank of China sells stake in HDFC in June quarter; shares downShareholding of mutual funds also inched lower to 9.44 per cent from 9.52 per cent earlier
China central bank slowly buying into Indian companiesGrowth of Chinese investments in India since 2014 has been largely a transactional trade relationship.
HDFC jumps 4% as China's central bank buys 1% stakeHDFC shares fell nearly 40 per cent this year from a high of Rs 2,493 to a low of Rs 1,499 last week.
China's central bank buys 1% stake in HDFCPeople’s Bank of China held about 17.5 million shares in HDFC at the end of March.
IPO watch: HDFC Standard Life plans issue in '16"We will decide on the best time for the issue soon. Most probably, it will be in the second half of 2016," said Keki Mistry.
HDFC Bank picks up minority stake in CarDekhoBacked by Ratan Tata, CarDekho was valued at $300 million, or Rs 1,800 crore, in its latest financing round led by China's Hillhouse Capita...
- FIIs raise stake in 75 top companies by 1.4% to a 6-year high of 21.6% in September
Most asset managers find India an attractive market with the Sensex currently trading at a discount to its peak valuations of January 2008.
- Intelent plans IPO, ropes in Barclays as stakeholder
Global financial services firm Barclays Bank today picked up 12.75 per cent stake in BPO company Intelenet Global Services which is plannin...