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ICICI Pru Asset Files Papers for $1.2 Billion IPO

Mint Chennai

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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.

- Bloomberg

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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Mint Chennai

Mint Chennai

SC says courts can't impose timelines on Prez, state guvs

The ruling comes even as several states are struggling with delayed assent to important laws

time to read

2 mins

November 21, 2025

Mint Chennai

Standardize expenditure heads by FY28: CAG tells states

CAG's move is aimed at overhauling India's public finance system.

time to read

1 min

November 21, 2025

Mint Chennai

Mint Chennai

Cracks are appearing in OpenAI’s dominant facade

THE 21ST-CENTURY tech landscape was built with a winner-takes-all mindset. It started with Microsoft’s Windows monopoly at the end of the 1990s. Since then Alphabet-owned Google has cornered search and Amazon has become the king of e-commerce. Meta, too, has blanketed much of the world with social media—though on November 18th, a judge in Washington, DC, spared it the ignominy of being declared a monopolist.

time to read

2 mins

November 21, 2025

Mint Chennai

Street scales 13-month high as index heavyweights fire

November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.

time to read

2 mins

November 21, 2025

Mint Chennai

Mint Chennai

Valuation format plan may cut IBC disputes: IBBI

The Insolvency and Bankruptcy Board of India (IBBI) has proposed a new format for professionals valuing distressed assets to make reports uniform, credible, and reduce lawsuits.

time to read

1 mins

November 21, 2025

Mint Chennai

Bluechips lift Street to a 13-month high

Eyes on Q3 earnings as Nifty crosses 26,200, FPIs turn positive

time to read

1 mins

November 21, 2025

Mint Chennai

Mint Chennai

TPG to invest $1 bn in TCS's data centre biz

TPG is to pick up a 49% stake in TCS arm HyperVault AI Data Centre

time to read

2 mins

November 21, 2025

Mint Chennai

Mint Chennai

India brings in new standards for cybersecurity, wind energy

The government has started an overhaul of the regulatory framework for critical infrastructure and emerging technologies, a move that follows the withdrawal and extension of several key Quality Control Orders (QCOs) earlier this month.

time to read

1 mins

November 21, 2025

Mint Chennai

Mint Chennai

Govt moves to curb online ads, self-medication of risky drugs

The government is planning a sweeping overhaul of drug-advertising rules to curb self-medication, unsafe sales and rising antimicrobial resistance, according to two officials and a document reviewed by Mint.

time to read

1 mins

November 21, 2025

Mint Chennai

Mint Chennai

Automation hits tech jobs as GCCs dial back on hiring

Automation is beginning to reshape India's tech-hiring landscape, with global capability centres (GCCs) pulling back on routine recruitment-intensifying the slowdown already hitting large staffing firms dependent on information technology (IT) hiring.

time to read

1 min

November 21, 2025

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