India

FPCIL, ICICI collaborate on financial planning

FPCIL, ICICI collaborate on financial planning

ICICI Securities has been empanelled as an education partner with Financial Planning Corporation Pvt Ltd for delivering the education for CFP certification program across India.

Indian banks found directing inflows to own mutual fund plans

Big Indian banks such as ICICI Bank and HDFC Bank direct 75-80% of all investments to their own mutual fund products.

Two infrastructure funds put India plans on hold

Two large infrastructure-focused private equity funds have put their investment plans in India on hold.

Indian investors take to crowd funding

Crowd-funding has increasingly made inroads into India.

Financial services stocks tops Indian market

Financial services stocks have outperformed the broader market so far this year gaining 28 percent since January.

India stock funds post best month since Jan

India's diversified stock funds posted their strongest gains in five months in June.

Blackstone, KKR eye Shriram unit stake

Blackstone Group and Kohlberg Kravis Roberts & Co are discussing to buy a large stake in the cement unit of the Shiram Group.

ICICI Prudential to manage Nordea Bank's Indian asset management company

ICICI Prudential Mutual will manage the Indian investments of Stockholm-based Nordea Bank's asset management company.

SBI Mutual Fund to merge 2 schemes

SBI Mutual Fund will soon be merging two of its schemes after receiving market regulator Sebi's approval.

RBS Wealth Division launched wealth planning services in India

The service will offer bespoke solutions to clients to meet their long-term plans for structuring, protection and transmission of wealth.

Major international banks vie to manage Sri Lanka's bond

Eight international investment banks have applied to manage Sri Lanka's sovereign bond.

India's HDFC doubles 5-yr bond issue to $89M

India's Housing Development Finance Corp more than doubled its five-year bond issue size to at least 5 billion rupees or $89.46 million.

India equity funds fall most in 6 mths in May

India's diversified stock funds fell the most in six months in May, pulled down by banks and automobiles amongothers.

India Infoline launches dividend opportunities index fund

India Infoline Asset Management Company's new open-ended index fund seeks to to provide returns to investors across diversified sectors comprising large and mid-cap stocks.

Insurance companies to continue investing in private equity: research

Around two-thirds of the leading global insurance companies are planning to make new private equity investments within the year.

India's private equity funds tap small town ventures

Private equity players are turning to smaller cities and towns across India for stellar investment opportunities.

CIPEF raises $3B in emerging markets fund

Capital International Private Equity Funds has concluded raising $3 billion.