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HSBC, ICICI Pru, SBI qualify to manage PF

Leading private financial players HSBC and ICICI Prudential along with country’s largest bank SBI have been shortlisted to manage about Rs 25,000 crore in provident fund of about four crore employees annually. “Three asset management companies, including HSBC, ICICI Prudential and SBI have qualified in the financial bid round,” a member of the Finance and [...]

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Sensex plummets 400 pts; ICICI sheds 8.5% @ 12:16 hrs

As selling continues unabated, several blue chip struggle deep down in the red with sharp losses today. With global markets declining sharply on mounting concerns over losses, the mood remains extremely bearish on the bourses today. At 14367.64, the Sensex is down with a massive loss of 409.37 points or 2.77% at present. The Nifty has lost 2.05% or 90.70 points at 4342.85. ICICI Bank (down 8.5% at...

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Citigroup, ICICI to exit Dr Reddy's unit

Mumbai, July 21: Dr Reddy's Laboratories (DRL) will buy out the stakes of Citigroup Venture Capital and ICICI Venture Funds Management Company in research and development firm Perlecan Pharma.

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BNP Paribas Securities India Analysis

UPA or NDA? – Doesn’t matter. We say Maruti, ICICI, Infosys, Bharti and Idea Will the government survive? We do not engage in speculation, certainly not in Indian politics, but our proprietary analysis reveals investment ideas that present very attractive entry points for investors, irrespective of tomorrow’s political outcome. Our scenario analysis identified Maruti Suzuki, ICICI Bank, Infosys, Bharti...

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Indian Air Force to launch independent website

New Delhi, July 18 (ANI): The Indian Air Force placement cell will launch its website www.iafpe.co.in on July 22 at the Air Force Auditorium. The Chief of the Air Staff, Air Chief Marshal Fali Homi Major would inaugurate the website. The website which has been designed by the ICICI group, would be dedicated to [...]

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ICICI prepares to raise service charges

Calcutta, July 16: ICICI Bank, the largest private sector bank in the country, is set to increase its service charges from August this year.

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Indian shares provisionally end down 5.4 percent

Mumbai, July 15 (ANI): India ‘’s main share market index provisionally fell 5.38 per cent on Tuesday to its lowest close in more than 15 months, led by financials such as ICICI bank on fears of worsening global credit turmoil. The banking sector index was down 5.1 per cent. ICICI, India ‘’s No. 2 lender, fell [...]

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India's largest bank ICICI has appetite for British SMEs

India's largest bank is drawing up plans to fight for billions of pounds-worth of business in Britain by competing with rival lenders whose balance sheets have been left scarred by the credit crunch.

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Flexibility is the advantage

Investors can take into account ICICI Pru Dynamic Fund. An advantage the fund has is of the flexibility of moving into cash in accordance with the market development.

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ICICI Bank expanding its business at rapid speed

India's largest private sector bank Industrial Credit and Investment Corporation of India ( ICICI ) is looking forward to expand its business and is doing so at rapid speed. ICICI Bank is looking at some acquisitions in overseas markets to expand its overseas business. The overseas market in which its eying acquisitions are Britain, Canada & Germany. ICICI Bank has a very good credit standing and is...

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Branch inaugurated

VELLORE: The ICICI Prudential AMC has inaugurated its new branch here recently. Vikram Kaushai, Head-Retail Sales and Distribution, ICICI Prudential AMC, said that the launch of the Vellore branch further strengthened its distribution ...

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Indian Bank looks to acquire Western banks

Flush with cash (approx $5BN) and relatively unharmed by the credit crunch, ICICI (based in Mumbai) is looking to expand globally: ICICI, which initially focused on serving people of Indian origin in India and abroad, already offers online saving accounts to non-Indian customers in those three countries and is keen to build a “global brand” as [...]

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PRIDE GROUP OF HOTELS RECEIVED CNBC-TV 18's fourth edition of the 'emerging India awards London 2008' PRESENTED BY ICICI, powered by Crisil IN TRAVEL AND TOURISM CATEGORY

Mr. S. P. Jain- Director, Pride Group of Hotels received the award from Mr.K.V. Kamath, Chairman, ICICI Bank in London ON 8th July'08.

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PRIDE GROUP OF HOTELS RECEIVED CNBC-TV 18's fourth edition of the 'emerging India awards London 2008' PRESENTED BY ICICI, powered by Crisil IN TRAVEL AND TOURISM CATEGORY

/India PRwire/ - ICICI Bank Business banking presented CNBC-TV18 'Emerging India Awards London-2008' which created a global mark, with it’s theme 'Think Global Go Global', India's biggest initiative for Small and Medium Enterprises Sector. The Emerging India Awards London- 2008 felicitation ceremony for the winning SMEs were held on July 8, 2008 in London where the Honorable Chief Guest Mr. L N Mittal,...

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ICICI Pru sees value in financial services stocks - Reuters India

ICICI Pru sees value in financial services stocksReuters India, India - 1 hour agoMUMBAI, July 9 (Reuters) - ICICI Prudential Asset Management launched a financial services fund on Wednesday, seeking opportunities in a sector which has …