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GQG PARTNERS STAKE SALE
ITC shares rise 2% a day after hitting a 52-week low following GQG’s Rs 9,395 crore stake sale. What lies ahead?ITC shares rose after Rajiv Jain-backed GQG sold shares worth Rs 9,395 crore, reducing its stake amid a sharp stock decline. Cigarette tax ...- Stocks in news: TCS, ITC, Infosys, Cochin Shipyard and RILOn Thursday, the financial markets took a hit, plummeting by almost 1.5% due to robust selling pressure. The Nifty index wavered near its A...
- GQG Partners sells Rs 24,400 cr worth of Indian stocks in 2026; ITC, Adani shares among key exitsGQG Partners has recently executed a block deal, offloading ITC shares worth approximately ₹9,395 crore. The firm has also downplayed its p...
- Thermax scouts for a partner to charge up its green energy unitThermax has set its sights on attracting external investors to its renewable energy subsidiary, First Energy. By contemplating a major stak...
- Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this yearITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds...
- ITC shares slide 3% on block deal buzz; FMCG giant down 29% in 2026ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares changing hands across the NSE and B...
- Magic Johnson quietly built 105 Starbucks stores in underserved urban neighborhoods; in 2010, he sold his stake back to Starbucks in a deal reported at about $75 millionIn 1998, Starbucks teamed up with basketball legend Magic Johnson to establish coffee shops in urban neighborhoods lacking access to qualit...
- Mid-sized restaurants hungry for funds as investors stay awayMid-sized organized restaurant chains face financing challenges. Investors are being more cautious, focusing on sustainable profits and uni...
- DFM Foods sale: EQT, Emami, Balaji Wafers join ITC, TPG for Crax maker buy-outEQT Partners, Emami and Balaji Wafers have joined ITC, TPG and ChrysCapital in the race to acquire Crax maker DFM Foods, as Advent Internat...
- Marico raises stake in Plix owner to 84%Marico acquired a further 24.09% stake in Satiya on Monday for Rs 1,012.03 crore, taking its holding from 60% to 84.09% on a fully diluted ...
- SP Group unit raises $460 million in rupee debt to repay loansEqyizen Investment, a subsidiary of the Shapoorji Pallonji Group, has successfully secured 44.5 billion rupees through the issuance of zero...
- Snapdeal parent AceVector lists at 12% discountAceVector'sRs 420 crore IPOcomprised Rs 287 crore in fresh capital and a Rs 133 crore offer-for-sale (OFS) component in which investors, in...
- Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
- Listed startups unlock Rs 25,000 crore for VC, PE investorsAn ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investor...
- Investors’ bets on Ola shrink as EV, ride-hailing businesses lose groundAs competition intensifies, SoftBank Group and fellow investors in Ola are grappling with a substantial reduction in their holdings' valuat...
- IT fresher hiring rebounds; Agrani's Rs 800 crore raiseHappy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more i...
- UPI volumes slip; Moneyview makes strong market debutUPI transaction volumes in September moderated from the record high of August. This and more in today’s ETtech Top 5.
- L&T extends Hyderabad Metro stake sale deadline to Dec 31Larsen & Toubro has announced a revised completion deadline for selling its stake in L&T Metro Rail (Hyderabad) Ltd. The new deadline is se...
- Promoters dilute 6% stake in Avalon Technologies for Rs 871 croreAvalon Technologies saw three of its promoter entities divest a collective 6% stake for a substantial Rs 871 crore via bulk deals, bringing...
- Armani open to more than one investor for sale of 15% stake, CEO saysArmani is open to selling a 15% stake in the company, as stipulated by founder Giorgio Armani's will. CEO Giuseppe Marsocci indicated that ...
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