Aug 27, 2015 at 08:50 | Source: Moneycontrol.com
On August 26, 2015 Morgan Stanley Asia Singapore Pte bought 14,60,000 shares of Radico Khaitan at Rs 89.66.
Aug 21, 2015 at 09:21 | Source: PTI
"For any new network like payments banks, there will be an opportunity for us to grow our business and there could be some online sale opportunities through payments banks," SBI Life MD and Chief Executive Arijit Basu told PTI.
Aug 19, 2015 at 21:41 | Source: PTI
Payment banking licence will allow companies to collect deposits (initially up to Rs 1 lakh per individual), internet banking, facilitate money transfers, and sell insurance and mutual funds. They can issue ATM/debit cards, but not credit cards.
Aug 07, 2015 at 16:51 | Source: PTI
During its meeting yesterday, the IPO committee of the company finalised allocation of 12.80 lakh equity shares to anchor investors at a price of Rs 640 per share, aggregating to Rs 81.96 crore, the company said in a statement.
Jul 29, 2015 at 15:45 | Source: Moneycontrol.com
Sundaram Finance on July 29, 2015 has acquired the entire 26 percent equity stake, being 8,19,00,000 equity shares of Rs. 10/- each, held by Royal & Sun Alliance Insurance PLC in the equity share capital of Royal Sundaram Alliance Insurance Company Limited (Royal Sundaram), for a total consideration of Rs. 450 cr.
Jul 27, 2015 at 13:18 | Source: Moneycontrol.com
Many individuals stretch beyond their limit when they buy a home. However, this can hurt their retirement plans.
Jul 25, 2015 at 10:31 | Source: Moneycontrol.com
Max Life Insurance Co Ltd A/C Growth Fund bought 219,464 shares of PVR at Rs 775 on the NSE. Morgan Stanley A/C Morgan Stanley Dean Witter Mauritius Co bought 700,000 shares of PVR at Rs 775 on the NSE.
Jul 03, 2015 at 17:04 | Source: CNBC-TV18
Kotak Bank has stake in two insurance companies. Foreign investors can hold upto a maximum of 49 percent in insurance companies.
Jun 15, 2015 at 17:40 | Source: CNBC-TV18
If the FIPB allows Kotak to up FII limit to 55 percent, an increase in the foreign limit to over 50 percent would automatically qualify the bank as 'foreign-owned', leading to the conundrum of how to treat the bank's stake in its insurance business.
Jun 09, 2015 at 19:01 | Source: PTI
The company settled a record 28,000 claims of Rs 962 crore on account of the flood fury in Jammu and Kashmir and the cyclone on the eastern coast.