THE CARLYLE GROUP
State Bank of India adds a record 3.6 lakh shareholders in December quarter
The total number of public shareholders in India’s largest public sector lender has increased to 18.54 lakhs at the end of December.
Carlyle to sell 3% in SBI Life at Rs 930-940
Through the block deal, Carlyle Group will raise up to Rs 2,820 crore.
Brokers advise clients to buy share of SBI ahead of credit card unit’s IPO
SBI shareholders likely to have better chance of getting allotment...
SBI Life Insurance tanks 6% as Carlyle Group trims stake via block deal
Through the block deal, Carlyle Group might have raised up to Rs 2,820 crore.
View: SBI's card unit's IPO reflects the Mukesh Ambani factor
SBI Cards IPO could have boundless prospects, or become a victim of arrested development.
Market Movers: What changed for D-Street while you were sleeping
DIIs were net sellers to the tune of Rs 155.47 crore, data suggests.
SBI Cards files IPO papers with Sebi
The company will offer up to 130,526,798 equity shares via offer for sale route.
YES Bank in talks with Microsoft for stake sale; stock climbs 9%
A Reuters report quoting Mint suggested that Yes Bank is in talks with Microsoft and two other tech firms for a possible stake sale.
YES Bank rallies 9% as PE firms eye stake
YES has lodged a complaint with Mumbai police against the dissemination of fake news.
Stocks in the news: YES Bank, RIL, Vodafone Idea, NBCC, AB Capital
Here are a few stocks which may buzz the most in today’s trade.
Sensex gains 100 points, Nifty tops 11,900; Voda Idea surges 17%
RIL, Bharti Airtel, HDFC Bank and Axis Bank were among major index contributors.
Private equity funds go talent shopping for portfolio companies
Advent International, Blackstone, Carlyle, General Atlantic, SoftBank tapping managers for leadership roles. In the past few years, PE funds have preferred to invest in ventures where they get controlling stakes. This helps them to have greater control over operational aspects of the company.
Demand for niche stocks see IPOs triple benchmark gains
10 entrants are trading above their offer prices and have given returns of up to 176 per cent.
PNB unlikely to subscribe to fresh equity expansion of its housing subsidiary PNB Housing
It is learnt that the mortgage lender will opt for 'limited preference' route whereby a maximum of five investors can participate. The company has hired Kotak Mahindra Capital Co and JM Financial to manage the issue.
Carlyle Group, General Atlantic Singapore to pump in more money in PNB Housing Finance
The share sale is the first by the mortgage lender promoted by Punjab National Bank since its listing in 2016, as it needs fresh equity to support growth. The lender had outstanding loan assets of Rs 76,000 crore at the end of June.
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