State Bank of India, the country’s largest lender, plans to sell a 6 per cent or Rs 3.20 crore stake in its subsidiary SBI Fund Management through an initial public offering (IPO). Amundi India Holding, the other promoter of SBIFML, will divest 3.70 percent or 1.88 crore shares. Both the promoters of SBIFML have jointly […]
The Calcutta Stock Exchange (CSE), one of India’s oldest stock exchanges, may celebrate its last Kali Puja and Diwali as a functioning stock exchange this year on October 20, with the process of voluntary exit from stock exchange nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 […]