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Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...- ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block dealAbu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows So...
- ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exitAbu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...
- ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETFICICI Prudential Mutual Fund has restricted subscriptions exceeding Rs 25 crore in its Gold ETF, becoming the second fund house to do so af...
- ET Alpha Wealth Summit: Rajeev Thakkar of PPFAS MF explains when to hold, when to exit, and why most investors get it wrongPPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, ...
- India insurers seek doubling of tax-free limit for some products to boost inflows, sources sayIndian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...
- Retail SIP boom boosts AMC outlook; Nippon, ICICI Pru lead pack: Siddhartha KhemkaIndia's asset management sector is transforming with systematic investing driving growth and stability, reducing reliance on volatile discr...
- Prudential to acquire 75% stake in Bharti’s insurance business for Rs 3,500 crorePrudential plc is set to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd. This strategic par...
- Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
- Australian banks warned frontier AI could create larger, faster cyber attacksAustralia's banking regulators, APRA, are sounding the alarm over escalating cyber threats. Advanced AI tools like Anthropic's Claude Mytho...
- Prudential Plc names Amit Dave as CEO, Abhishek Saraf as COOPrudential Plc has appointed Amit Dave as CEO and Abhishek Saraf as COO for its upcoming health insurance joint venture with HCL Group in I...
- Nifty's rare 4-month losing streak just ended; history says a 40% rally could be nextNifty has ended a rare four-month losing streak, a pattern that historically precedes strong recoveries. DSP data shows average one-year re...
- Can a couple of drinks derail your American Dream?A DUI arrest in the U.S. can create serious immigration problems for those on non-immigrant visas. Even without a conviction, visa revocati...
- Prudential sells 4.5% stake in Indian asset management JV for $545 million ahead of IPOBritish insurer Prudential offloaded a 4.5% stake in ICICI Prudential Asset Management for approximately $545 million ahead of its $1.2 bil...
- Interest rates and prudential norms together help home loan quality: ResearchThe research paper written is jointly by Amar Nath Yadav, Vivek Kumar and Jyoti Kumari of the Reserve Bank of India's Department of Statist...
- RBI inks information exchange pact with UK financial bodyThe central bank had entered into an MoU for supervisory co-operation with the Financial Services Authority (FSA) of the UK in July, 2012.
- Prudential offers rights issue to raise $21 bnThe announcement had been expected last week but Prudential was delayed by questions raised by the Financial Services Authority, the UK fin...
- ICICI-Pru sees no threat from Prudential forayICICI Prudential, a 74:26 JV between ICICI Bank and UK’s Prudential Plc, has no plans to change its brands strategy even if Prudential Insu...
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