Novelis IPO: A potential booster for Hindalco

Base metals major Hindalco’s overseas subsidiary, Novelis, has submitted a draft registration with the US Securities and Exchange Commission (SEC) for the proposed public offering of......

LIC largest holder of G-secs, equities, household savings: Report

The IPO-bound national insurer LIC is not only the largest holder of government debt -- owning 19 per cent of the G-secs -- but also the single largest owner of equities, the largest fund manger as......

Now, ICICI Prudential MF is under Sebi lens

Sebi had also ordered the fund house to compensate investors who had redeemed their units since the date of allotment of shares in the I-Sec IPO. ICICI Prudential Mutual Fund has started the......

India a key source for future growth: Facebook

Social networking giant Facebook, which plans to raise$ 5 billion through an IPO, has said India is a key source for its future growth and its user base in the country has more than doubled in the......