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Canara HSBC Life Insurance Company Ltd NEW DELHI: Canara HSBC Life Insurance Company Ltd on Thursday said it has raised a little over Rs 750 crore from anchor investors, just a day before its initial share-sale opening for public subscription.The anchor book received participation from institutional investors including ICICI Prudential Mutual Fund (MF), HDFC MF,…
Canara HSBC Life Insurance Company Ltd on Tuesday announced the price band for its upcoming IPO, setting it at the range of Rs 100 to Rs 106 per share, targeting a valuation of about Rs 10,000 crore at the upper end.The insurer’s Rs 2,516-crore public offering will open for subscription on October 10 and close…
A day after HSBC’s upgrade of Indian equities to ‘Overweight’ from ‘Neutral’, citing attractive valuations, supportive government policies and resilient domestic flows, the brokerage anticipates the return of foreign institutional investors (FIIs) after a 12-month period of absence.HSBC noted that external positioning heavily favours markets like Korea and Taiwan, funded by selling Indian equities. However,…
HSBC observes that India has remained relatively stable compared to other Asian markets, particularly Korea and Taiwan. (AI image) HSBC projects that Sensex will hit 94,000 by the end of 2026, and has upgraded the status of Indian equities to ‘Overweight’ from ‘Neutral’. HSBC says the change in stance is due to improved market valuations,…
HSBC’s Dubai wealth centre aims to serve the growing number of millionaires in the UAE, with over 130,000 currently residing/ Image: HSBC via The National HSBC, Europe’s largest bank by total assets, is expanding its footprint in the UAE with the opening of a dedicated wealth centre in Dubai. This new facility at the bank’s…
