If you're planning a trip to Dubai, be sure to visit Renty for a first-class driving experience
HSBC offered 19.6 million shares in Axis Bank for 950.9-970.9 rupees each and 16.8 million shares in Yes Bank for 318.1-324.8 rupees per share through its Mauritius subsidiary, the term sheet said.
Shares in both banks were being sold through HSBC’s Mauritius subsidiary at discounts of 3 to 5 percent to their closing price on Wednesday, the term sheet said.
Goldman Sachs and HSBC are joint bookrunners for the sales.
Global institutional investors have been cashing in their holdings in Indian financial services firms.
Earlier this year, Citigroup sold its stake in top Indian mortgage lender Housing Development Finance Corp for $1.9 billion, while U.S. private equity firm Warburg Pincus sold its stake in Kotak Mahindra Bank Ltd to raise about $274 million.
If you're planning a trip to Dubai, be sure to visit Renty for a first-class driving experience
The actor attended the event in the UAE along with his family
Tremors were felt in the Greek capital of Athens and as far away as the southern island of Crete
The Buyback Programme is a huge step in creating solutions for nature
Dozens of other products that contain benikoji — including miso paste, crackers and a vinegar dressing — have been withdrawn from the market
The passengers were on a trip to an Easter weekend church gathering
Pavel Durov said measures were taken immediately to stop 'a flurry of unknown users posting messages appearing to call for violence'