In FY13, Piramal Enterprises sold its domestic pharmaceutical formulations business to Abbott Laboratories for ₹17,000 crore and had invest...

This follows the UK investor’s exit from private insurer HDFC Life, where it sold some INR2,000cr of shares in the pre-merger stake sale. H...

British 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 ...

The Indian rupee closed 0.21% lower at 82.1175 to the dollar due to outflows of funds and a weaker Chinese yuan. Despite a few stake sales,...

UK-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...

Shares of HDFC Asset Management Company (AMC) surged 8% after the UK-based Abrdn Investment Management, which held a 10.2% stake in the com...

Abrdn Investment Management, formerly known as Standard Life, plans to sell its entire 10.2% stake in HDFC Asset Management Company in an o...

Promoter 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...

Domestic investors are now showing more interest while the market is also showing some promising opportunities. Over the past two weeks, th...

South Indian Bank has finalised the candidates for the post of MD and CEO of the Bank. The lender will submit the application to the RBI se...

SBI Mutual Fund bought 1.42 crore shares worth ₹823 crore, while Society Generale purchased 33 lakh shares worth ₹193 crore. Other large bu...

Investment firm Abrdn has sold its 1.66% stake in HDFC Life Insurance, through its affiliate abrdn (Mauritius Holdings) 2006. Abrdn sold 3,...

In a similar move, ICICI Bank this week approved a proposal to increase its shareholding in ICICI Lombard General Insurance, aiming to esta...

Of 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, ...

The 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...

Consequent 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...

According to the merchant bankers, the Edinburgh-based Abrdn, had offered the shares in the price band of Rs 564.1 to Rs 578.55, which is a...