ICICI Bank News

Mumbai, Feb 10 : Having started trade on a dull note, a benchmark index for Indian equities markets Friday slipped into the red amid profit booking in blue chips like Infosys and ICICI Bank.

MUMBAI About 16 million shares of ICICI Bank Ltd. were sold in multiple block deals Wednesday on the National Stock Exchange at an average price of INR925.00 each, two dealers said.The number of shares make up about 1.4% of the company's total paid-up capital, according to stock exchange data.A person familiar with the matter to... ... Read the ... (more)

Temasek Holdings Pte, Singapore's state-owned investment company, sold 14.7 billion rupees of shares in ICICI Bank Ltd., according to a person with direct knowledge of the matter.

About 16 million shares of ICICI Bank Ltd. were sold in multiple block deals Wednesday on the National Stock Exchange at an average price of INR925.00 each, two dealers said.

MUMBAI: Indian equities markets were ruling dull Tuesday as traders took a breather after straight weeks of rallying.

WMI's 'ICICI Prudential Life Insurance Company Limited: Company Profile and SWOT Analysis' report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format.

With a history of successful placements for majority of its students, Kirloskar Institute of Advanced Management Studies is firmly on the employer radar.

Mumbai: Riding high on the back of frantic buying by foreign funds, the benchmark Sensex posted gains for the fifth consecutive week and settled higher by almost 371 points at more than three-month high of 17,604.96. Domestic factors like buyback of shares by top heavyweight RIL from February 1, good Q3 earnings by the country's largest private ... (more)

Overall, stocks have been pushing higher in early 2012, with the S&P 500 SPDR ETF up 3% from $127.50 to $131.32. Yet, some stocks have been exploding.

ICICI Bank Limited 's fiscal third-quarter 2012 profit came in at INR17.28 billion , reflecting a 20% rise from INR14.37 billion in the year-ago quarter.

U.S. private equity firms Carlyle Group and Warburg Pincus took advantage of India's recent stock market gains to pare stakes in two financial companies in deals worth $440 million, a sign of investor wariness about the sustainability of the current rally.

The company was formed as a joint venture between ICICI Bank Limited, the second largest bank in India, and Fairfax Financial Holdings Limited, a US$30 billion financial services company based in Canada.

Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan's industrial production grew faster than economists estimated.

MUMBAI: Regaining most of the ground it lost in the previous session, the BSE Sensex shot up 330 points on Tuesday to 17,193.55 on buying in heavyweight RIL ahead of share buyback, as well as banking stocks after ICICI posted good earnings and the government move to infuse capital in SBI.

Mumbai: The BSE Sensex rose 330 points today, regaining much of the lost ground of the previous session, on buying in bluechips such as Reliance Industries and SBI on increased FII inflows and a firm global trend.

ICICI Bank, India's No. 2 lender, widely beat market expectations with a 20 percent rise in quarterly profit, helped by higher interest income and fees, and lower provisions.

MUMBAI, India - India's ICICI Bank reported net profit growth of 20 per cent Tuesday, as it shed non-performing loans and boosted interest income.

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MUMBAI, India -- India's ICICI Bank reported net profit growth of 20 percent Tuesday, as it shed non-performing loans and boosted interest income.

Mumbai, Jan 30: A benchmark index for Indian equities Monday noon continued to trade in the red, amid selling pressure in blue-chip stocks like RIL and ICICI Bank.