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ICICI Pru Asset Files Papers for $1.2 Billion IPO
Mint Ahmedabad
|July 10, 2025
ICICI Prudential Asset Management Co., India's second-largest mutual fund manager by assets, filed preliminary documents for what could be the country's second-biggest initial public offering this year.
The so-called draft red herring prospectus filed with the markets regulator was disclosed late Tuesday. The IPO involves the sale of as many as 17.65 million shares, or a 10% stake held by Prudential Plc. Prudential also said it plans to sell a 2% stake to ICICI Bank Ltd prior t
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FLERE HISTORIER FRA Mint Ahmedabad
Mint Ahmedabad
Centre, states mop up ₹1.89 tn GST in Sep
Central and state governments collected ₹1.89 trillion in goods and services tax (GST) before refunds in September, a robust 9.1% improvement over the year-ago period, official data showed on Wednesday.
1 min
October 02, 2025
Mint Ahmedabad
US offers security guarantee to Qatar
The US will regard \"any armed attack\" on Qatari territory as a threat to Washington and will provide the Gulf Arab state with security guarantees, the White House said, after an Israeli strike on the country last month.
1 min
October 02, 2025
Mint Ahmedabad
Retail investor: here is why bonds could be your next best bet
Bonds could really be the missing piece in a retail investor's portfolio.
1 mins
October 02, 2025
Mint Ahmedabad
Nelco secures preliminary nod to resell satellite internet service
sation (ISRO) and foreign operators. However, this approach is not suitable for large-scale use.
2 mins
October 02, 2025
Mint Ahmedabad
Hamas indicates it is open to Trump Peace Plan as it faces pressure from Muslim nations
Hamas has indicated it is open to accepting President Trump's peace plan for Gaza but is asking for more time to review its conditions, Arab mediators said, as the militant group faces intensifying pressure from Muslim governments to agree to the Israel-backed proposal to end the devastating war.
4 mins
October 02, 2025
Mint Ahmedabad
RBI did well to preserve its rate policy firepower
Subdued inflation didn't make India's central bank budge on its policy rate. Its expectation of firmer growth partly explains this. A monetary stimulus is best used when it's most needed
2 mins
October 02, 2025
Mint Ahmedabad
Chip firms dangle juicy offers to snap up top campus talent
Qualcomm, Micron, Nvidia, Texas Instruments, Sandisk, NXP, Marvell, Cadence Design, ARM and AMD have visited BITS for so-called very large-scale integration or VLSI roles covering chip design, verification, and physical implementation, Rao said.
1 mins
October 02, 2025
Mint Ahmedabad
Gaza deal: Viable?
America’s leadership is full of surprises, and for a change, US President Donald Trump's Gaza peace plan is a pleasant one.
1 min
October 02, 2025
Mint Ahmedabad
No rate cut, but RBI steps up to lift credit, buoy biz
Hint of December rate cut after two pauses; multiple measures to ease credit
2 mins
October 02, 2025
Mint Ahmedabad
Deglobalization, derisking deregulation: Crack the 3D
Nations must navigate all three well to balance their openness with resilience and global integration
3 mins
October 02, 2025
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