Carlyle likely to divest 6.4% stake in PNB Housing Finance for ₹1,256 crore: Report

Carlyle likely to divest 6.4% stake in PNB Housing Finance for ₹1,256 crore: Report

US-based private equity firm Carlyle is expected to sell up to a 6.4 per cent stake in PNB Housing Finance via an open market transaction on Tuesday, as per a report by CNBC Awaaz. According to a term sheet from IIFL Securities, Quality Investment Holdings, a Carlyle entity, plans to sell 1.66 crore shares at … Read more

From Indian Hotels to IIFL Finance: Motilal Oswal lists 9 top midcap investment ideas for April

From Indian Hotels to IIFL Finance: Motilal Oswal lists 9 top midcap investment ideas for April

Presently, India finds itself amidst a favourable convergence of macro and micro factors, including subdued inflation rates, stable crude oil prices, decreasing 10-year G-sec yields, a steady currency, and robust corporate earnings. In the short term, market movements will likely be influenced by two main factors:  The results of the upcoming Lok Sabha elections scheduled … Read more