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**E*Trade, Softbank buy IL&FS Inv pie**

US online broker E*Trade and a unit of Softbank have together bought a 34 per cent stake in brokerage unit IL&FS Investsmart.Official media releases said that IL&FS and Japan's Orix Corp, which own......

HSBC buys 73% in IL&FS Investmart

The Hongkong and Shanghai Banking Corporation has acquired a 73.21 per cent stake in IL&FS Investsmart, a leading retail brokerage house in India, for a consideration of Rs 1,110 crore ($261......

IL&FS Invest IPO at Rs 110-125

Financial services company IL&FS Investsmart Ltd has fixed a price band of Rs 110 to Rs 125 for equity shares of Rs 10 each for its initial public offering.The issue is slated to open on July 4,......

HSBC shuts brokerage arm in India; around 300 lose jobs

British financial giant HSBC said it will be shutting its struggling retail brokerage and depository business in the country, five years after it entered the segment by pumping in over $290......

HSBC acquires RBS' India biz worth $1.8 bn

The Hongkong and Shanghai Banking Corporationon Friday announced it will acquire the Indian business of Royal Bank of Scotland worth $1.8 billion, a move that will help the British giant gain......

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Fs Investsmart

News for Fs Investsmart

**E*Trade, Softbank buy IL&FS Inv pie**

HSBC buys 73% in IL&FS Investmart

IL&FS Invest IPO at Rs 110-125

HSBC shuts brokerage arm in India; around 300 lose jobs

HSBC acquires RBS' India biz worth $1.8 bn

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