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STANDARD LIFE ABERDEEN
RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...- Abrdn's exit from HDFC Life nets 14x gains since JV formation in 2000Abrdn, which had been a partner in the joint venture with HDFC Life, made investments of ₹2,400 crore since 2000. Last month, Abrdn made a ...
- Abrdn sells 1.66% stake in HDFC Life for Rs 2,069 croreSBI Mutual Fund bought 1.42 crore shares worth ₹823 crore, while Society Generale purchased 33 lakh shares worth ₹193 crore. Other large bu...
- Standard Life to sell 5% stake in HDFC AMC on WednesdayHDFC AMC operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments. As of June 30, 2...
- Standard Life to sell 5% stake in HDFC AMCThe floor price has been fixed at Rs 2,870 apiece, a 6.65 per cent discount to Tuesday’s closing price of Rs 3074.
- To 'e' or not to 'e'? Call us Abrdn, says UK asset manager Standard Life AberdeenThe new name, unveiled on Monday, will still be pronounced "Aberdeen" and comes after the company sold its Standard Life brand to life insu...
- Standard Life Aberdeen sells 1.37% stake in HDFC Life for Rs 1,703 crThe shares sold constituted 1.37% of the paid-up, issued equity share capital of HDFC Life. The remaining shareholding of Standard Life (Ma...
- HDFC Life plunges 7% as Standard Life sells 5 crore sharesStandard Life is a joint venture partner in HDFC Life Insurance Company.
- HDFC AMC falls 5% as Day 2 of OFS kicks offIn the first two hours, the OFS was subscribed 0.07 times, as per data available on NSE.
- HDFC AMC drops 3% as two-day OFS by Standard Life kicks offThe floor price for the OFS has been set at Rs 3,170 per equity share.
- HDFC Life surges on reports of Standard Life selling stakeThere were reports that Standard Life was looking to sell 4.5 per cent stake in the company.
- HDFC Life plunges 7% on block deal; Standard Life cuts stakeVolume on the counter jumped 326 times the average two-week volume on BSE.
- HDFC Life tanks 4% as OFS by Standard Life kicks offDSP Merril Lynch is the broker for the sale process on behalf of Standard Life.
- HDFC Life OFS subscribed 1.83 times on Day 1The issue received institutional bids for 1.30 crore shares against the non-retail quota of 6.30 crore shares.
- There is great value in India and ASEAN markets: Martin Gilbert, Standard Life AberdeenWe continue to invest in consumers, banks, financials and IT in India, says Gilbert
- Bond slide reflects fiscal jitters over farm stimulusFiscal deficit for the April-November period is already at about 115 per cent of the year’s target.
- Axis Bank MD & CEO Shikha Sharma retiresAmitabh Chaudhry will be the new managing director and CEO of the bank with effect from January 1, 2019, it said further.
- HDFC Life promoters to offload 14.52 pc stake in IPOIPO will see HDFC offloading 9.52 per cent stake while Standard Life will dilute 5.4 per cent.
- HDFC Life is run just like a Fortune 500 company: Gerald GrimstoneWe have nurtured it like a child. Deepak and I have been mother and father. At some time, it is ready to leave home.
- Looking forward to list both MF, life JVs: Chairman GrimstoneLocal operations have made standard life a Scottish-Indian Co: Chairman Grimstone.
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