Nupur Acharya
Stories by Nupur Acharya
People’s Bank of China sheds stake in India’s HDFC
PBOC had increased its stake in India’s largest shadow lender in the 12 months ended March.
Fresh off its IPO, India’s SBI Cards slips in debut as markets tumble
SBI Cards’ shares opened at 675 rupees, compared with the offer price of 755 rupees apiece.
Indian hedge fund Avendus Capital hoards cash as market sell-off rumbles on
The alternate strategies business at Avendus manages more than $894 million under two of its funds.
India eyes Aramco-like IPO for state-owned largest insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year, per Credit Suisse analysts.
India: Ujjivan SFB surges as much as 70% in IPO
Ujjivan Small’s stellar listing extends the streak of robust returns logged by new entrants this year.
State-run firm IRCTC makes India’s best trading debut in two years
IRCTC’s debut is a bright spot in India’s IPO market that has seen 11 issuers raise a little over 100 billion rupees in the first nine months of t
India Inc on buyback spree with firms lining up to pick $2.4b of their own stock
Infosys last month said it would buy 82.6 billion rupees of its own stock, accounting for about half of this year’s total deal value.
Blackstone acquires India’s Aadhar Housing Finance
Wadhawan Global sold its 70% holding in Aadhar Housing Finance while its unit Dewan Housing Finance Corp. sold its 9.2% Aadhar stake.
US broker plans India family office by January despite valuation woes
O’Neil Capital Management plans to start a hedge fund or manage money for wealthy investors in India.
