SBI Mutual Fund, India's largest fund house, has received Sebi's approval to launch its IPO, comprising an offer for sale of up to 20.37 crore equity shares.

Five PSU shareholders, including SBI and IDBI Bank, plan to offload 2.37 crore shares in NSEs upcoming IPO, as per the DRHP filed with SEBI. The Rs 30,000 crore offer, entirely an…

Shares of major NSE shareholders such as IFCI, IDBI Bank, State Bank of India and HDFC Life Insurance gained up to 3% after the National Stock Exchange's IPO papers revealed them…