In an exciting development, India has relaxed its investment rules, making it more convenient for foreign investors to dive into its dynami...

Foreign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...

Rich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...

Indian initial public offerings are poised for a strong comeback in the latter half of the year. Citigroup anticipates deal volumes to meet...

Indian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...

Prudential plc is set to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd. This strategic par...

Foreign investors continued their sell-off in Indian equities, particularly in financials, extending withdrawals into the latter half of Ap...

Indian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from eme...

The government on Wednesday decided to exercise green shoe option to divest a higher 3 per cent stake in Indian Overseas Bank through offer...

The government is keen to take advantage of the sharp rally in share prices of public sector banks (PSBs) that are riding on much-improved ...

The central government holds 50% in each of the RRBs while their respective sponsor banks hold 35%. The balance 15% in RRBs is held by the ...

The bank holds 38.26% in ASREC and its board on Friday has approved a plan to fully or partly sell the stake. Bank of India, Union Bank of ...

The bank has three subsidiaries including Universal Sompo General Insurance and Ind Bank Merchant Banking Services.

Allahabad Bank has decided to hire a consultant to advise it on its proposed stake sale in the insurance joint venture Universal Sompo Gene...

The bank's board will meet on Friday to consider selling a part or all of its 30% stake in Universal Sompo General Insurance.

The finance ministry had earlier asked state-run banks to look at divesting their noncore assets in order to meet burgeoning capital requir...

The divestment target is pegged at Rs 69,500 crore for this fiscal year, two-thirds of which will be through stake sales in public sector c...