CHENNAI PRESS NEWS

Metropolis Healthcare Limited: Initial public offering to open on April 03, 2019 and to close on April 05, 2019   Price Band: Rs. 877 to Rs. 880 per Equity Share Mumbai, March 28, 2019: Metropolis Healthcare Limited (the “ Company ”), one of the leading diagnostics companies in India, by revenue, as of March 31, 2018 (Source: Frost & Sullivan) proposes to open its initial public offering ( “IPO” ) of Equity Shares on April 03, 2019*.   The IPO consists of 13,685,095 equity shares of face value of Rs. 2 each (“ Equity Shares ”) consisting of an Offer for Sale of up to 6,272,335 Equity Shares by Dr. Sushil Kanubhai Shah (the “ Promoter Selling Shareholder ”) and up to 7,412,760 Equity Shares by CA Lotus Investments (the “ Investor Selling Shareholder ”) (the “ Offer ”). The Offer includes a reservation of up to 300,000 Equity Shares, for subscription by Eligible Employees (the “ Employee Reservation Portion ”). The Offer less the Employee Reservation Portio...

Axis AMC raises Rs. 4 billion for its maiden real estate fund - Axis RERA Opportunities Fund – I (‘Axis RERA Fund’) Axis AMC is pleased to announce thefinal closing of its maiden real estate fund, theAxis RERA Opportunities Fund – I (‘Axis RERA Fund’)with commitments of over Rs. 4 billion.The investors include domestic institutions, HNIs and the sponsor (Axis AMC).The fund is targeting investments (through structured debt route) in the top 8 cities of India and aims to work with developers with an established track record of delivery and who show potential and capability for future growth. With respect to the successful close, Mr. Balaji Rao, Managing Partner – Real Estate, Axis AMC said, “The real estate market has seen trying times over the last few months. Developers have had to navigate through a liquidity crunch and a paradigm change in their business models, brought about by the implementation of GST and RERA. However, this also means that this is the opportune...

THE WORLD FEDERATION OF EXCHANGES & OLIVER WYMAN LAUNCH ‘THE FUTURE OF CLEARING’ REPORT Research paper suggests blueprint for CCP of the future Mumbai / Chennai, Tuesday 2 April 2019  – The World Federation of Exchanges (“WFE”), the global industry group for exchanges and central counterparties (CCPs) , today published a joint report with Oliver Wyman examining the post-crisis developm ents that have shaped the current clearing landscape, along with forward-looking recommendations on how to build the CCP of the future. The report – entitled The Future of Clearing – looks at three areas: 1.   How we got to where we are, including a concise overview of CCP core functions and systemic role; 2.        Taking stock: reviewing what has been achieved so far; and 3.        Looking ahead: where will the focus be over the next five to 10 years? KEY HIGHLIGHTS CCPs far pre-date the finan...