Standard Life

Living standards to see steepest rise in coming decades: FM Sitharaman

The finance minister said that the effects of the last ten years of economic and structural reforms would manifest more thoroughly in the coming years, as the Covid shock fades from the economy

UK-based abrdn offloads remaining 1.66% stake in HDFC Life Insurance

Among the buyers were Aditya Birla Sun Life Mutual Fund, ICICI Prudential MF, SBI MF, Societe Generale and T Rowe Price

Abrdn sells 2% stake in HDFC Life at Rs 574 a share, mops up Rs 2,469 cr

Societe General bought shares worth Rs 469 cr, Integrated Core Strategies bought shares worth Rs 287 cr and Norges Bank bought shares worth Rs 234 cr

Abrdn to offload 2% in HDFC Life in block trades, put 43 mn shares on block

Price range set at Rs 564.1-578.55 per share; sale could fetch UK-based financial major at least Rs 2,425.6 cr

Standard Life sells 5% stake in HDFC Mutual Fund for Rs 3,061 crore

T Rowe Price Emerging Markets Stock Fund picked up about 1.52 million shares for Rs 436 crore

Standard Life sells 5% stake in HDFC Life Insurance in two tranches

A total of 100.8 million shares were sold in two tranches at Rs 672 and Rs 673; names of buyers couldn't be ascertained

Standard Life to divest 3.46% in HDFC Life, price range set at Rs 658-678

At the lower end, the share sale will fetch around Rs 4,606 cr or $621 mn; HDFC Life stock sheds 4.1% at close

Standard Life cuts 1.38% stake in HDFC Life, raises Rs 1,720 crore

Following the share sale, Standard Life's stake in HDFC Life declined to 8.89% Following the share sale, Standard Life's stake in HDFC Life declined to 8.89%

Standard Life sells 27.8 mn shares to prune stake in HDFC Life to 8.89%

Deal struck at Rs 619.25 a share, raising Rs 1,720 cr; sale represents 1.38 per cent stake

HDFC AMC falls 5% as Standard Life's OFS begins

Standard Life Investments, one of the promoters in HDFC AMC, is looking to offload up to 2.82 per cent stake in the company through OFS, which opened today and will close Thursday.

Standard Life to sell 2.8% stake in HDFC AMC through offer for sale

At floor price, the OFS can fetch over Rs 1,400 crore

Standard Life sells 1.98% stake in HDFC Life for Rs 1,986 crore

The share sale was conducted at Rs 496.4 per share

UK's Standard Life divests 2% stake in HDFC Life for Rs 1,985 crore

Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

Standard Life to sell 2.23% stake in HDFC AMC via OFS mechanism

Besides, there will be an option to additionally sell up to 38.5 lakh equity shares, amounting to 1 .81 per cent stake of the fund house

TCS expands its long-term UK BFSI platform deal with Phoenix Group

The firm will also expand its presence in Scotland following this deal with an operations service hub in Edinburgh

Standard Life sells about 5% stake in HDFC Life Insurance for Rs 5,752 cr

As of September 2019, Standard Life held 19.69 per cent equity stake in HDFC Life. Post the bulk deal, Standard Life's stake will drop to 14.73 per cent

Standard Life sells 5% in HDFC Life for Rs 5,750 cr in open-market deals

Following the deal, shares of HDFC Life spurted 5.43% to hit their 52-week high of Rs 643.50 in intra-day trade the BSE

Standard Life plans to divest up to 4.5% stake in HDFC Life Insurance

From October lows of Rs 575, shares of HDFC Life had gained as much as 8 per cent amid strong buying in shares of private insurers

Standard Life sells 3.3% stake in HDFC Life Insurance for Rs 3,220 crore

Standard Life Mauritius Holdings held 23.02% stake in HDFC Life as on June 30, 2019