FPIs are once again in favor of IPOs, pumping $1.3 billion into the primary market in November

ET Intelligence Group: Foreign portfolio investors (FPIs) continued to show greater interest in the domestic primary market compared to the secondary market for the fifth month in a row in November, amid a continued flurry of IPOs. They invested a net $1.3 billion (₹11,894.7 crore) in the primary market, their highest investment in four months. […]

Akzo Nobel India Block Deals: Promoter discharges RS 765 Crore Stake; Nippon, Goldman, Citi under buyers

Akzo Nobel India’s Promoter Entity Imperial Chemical Industries has today sold more than 22.77 LAKH shares worth RS 765 Crore through several blocks to Marquee International and domestic funds. The shares were sold at a price of RS 3,358.8 each to Goldman Sachs, Citigroup, BNP Paribas, Societe Generale, Morgan Stanley, Nippon India Mutual Fund, Aditya […]