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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel Africa to raise USD 750 million via IPO, eyes London listing

Airtel Africa is also considering listing its shares on the Nigerian Stock Exchange.

4 Jun 2019 10:51 AM IST

Govt merge the said Regional Rural Banks in to a single Regional Rural Bank with effect on and from Jan 1, 2019.

Govt identifies 3-4 regional rural banks for IPOs; public issue likely...

The bank consolidation exercise is going on to bring the number of RRBs to 38 from the current 45, sources said.

28 July 2019 1:12 PM IST

IndiaMart expects to raise Rs 3,250 crore from the initial public offer (IPO).

IndiaMART InterMESH shares make robust debut; zoom over 21 per cent

The Rs 475-crore initial public offering of IndiaMART InterMESH was subscribed over 36 times last month.

4 July 2019 12:41 PM IST

Ajay Tyagi who is a 1984 batch IAS officer assumed office of Sebi chair on March 1, 2017. (Photo: PTI).

Need to examine various issues on 35 pc minimum public shareholding...

Currently, listed companies should have at least 25 per cent public shareholding.

21 Aug 2019 8:07 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI proposes to dilute stake in credit card business

The country's largest lender currently holds 74 per cent stake in SBI Cards & Payment Services Private Limited.

14 Aug 2019 3:58 PM IST

Online work platforms took off after Ubers founding in 2009. (Photo: AP)

Uber loses USD 5 billion, misses Wall Street targets despite easing...

The company's core business, ride-hailing, grew revenue only 2 per cent to USD 2.3 billion.

9 Aug 2019 9:27 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI shelves IPO plans for general insurance arm; card JV to hit market...

Investor interest for cards business is very high, and SBI Card listing will happen in March quarter, said SBI chairman...

15 Sept 2019 6:40 PM IST

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

IPO to happen soon, domestic listing is primary one, says Saudi Aramco

10 Sept 2019 1:47 PM IST

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Aramco likely to give IPO roles to Citi, Goldman, HSBC: source

Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.

9 Sept 2019 12:13 PM IST

State Bank of India

SBI Cards says IPO process initiated, decision on timing to hit mkt...

State Bank of India (SBI) holds 74 per cent stake in the SBI Card and the rest is held by Carlyle Group.

2 Sept 2019 8:03 PM IST

Finally, this resulted in the mad rush among the people for cover and they came forward in big numbers to buy expiring LIC products.

LIC IPO may get delayed, says Fitch Ratings

LIC has a premium-based market share of almost 70 per cent in life insurance sector.

27 Feb 2020 4:28 AM IST

On a capital base of Rs 5 crore, the union said LICs valuation surplus was Rs 53,211.91 crore.

LIC staff union to hold walk-out strike to protest against IPO

The walk-out will take place at all offices of the insurance behemoth across the country.

4 Feb 2020 12:54 PM IST