In 2016, BNP Paribas had acquired Sharekhan from a clutch of private equity firms, including Citi Venture Capital International (CVCi), Baring Asia Private Equity and Samara Capital, for ₹2,100 crore. "BNP Paribas wants to focus mainly on the banking business. They had earlier exited the mutual fund and wealth management businesses also," said the second person quoted above.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move to the upside following the lackluster performance seen in the previous session.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move to the upside following the lackluster performance seen in the previous session.
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to add to yesterday's modest gains. Ongoing optimism about the outlook for interest rates may contribute to early strength on Wall Street despite conflicting remarks by Federal Reserve officials.