Devidutta Tripathy
Stories by Devidutta Tripathy
India: HDFC Life sets price range for up to $1.34b IPO
HDFC Life's IPO will be the fourth in India to raise more than a billion dollars in 2017.
Indian bourse operator NSE aims for listing in second half of 2018
The exchange had originally planned to go public this year, in what could be one of India's biggest ever IPOs.
SBI Life’s $1.3b IPO, India’s biggest in 7 years, draws strong demand
HDFC Standard Life Insurance Co Ltd, state-run GIC Re, and New India Assurance Co Ltd have filed for IPOs
India: IndiGo parent InterGlobe Aviation’s $616m share sale on Friday
The company set a price range on Wednesday of Rs1,125 to 1,175 a share for the sale of up to 33.6 million shares.
India: Paytm Payments Bank in talks to partner full-service banks
Payments banks can take savings deposits and remittances but are not permitted to lend in India.
India raises $1.4b from stake sale in utility NTPC
The government aims to raise funds by paring stakes in state-run and private sector companies to help meet its fiscal deficit target.
India: Govt to sell up to 10% stake in NTPC this week to raise $2.2b
The share sale is one of a number of partial stake sales planned to help New Delhi meet its fiscal deficit target of 3.2% of GDP.
India: Creditor banks seek to sell at least 30% of Jaiprakash Power
The buyer will become the producer’s single largest shareholder.
India: SBI Life files for IPO, seen raising more than $1b
SBI Life will not receive any proceeds from the IPO.
Fairfax Financial to sell 12.2% in Indian insurer ICICI Lombard
Fairfax's stake will come down to about 22.1 per cent.
