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ITC 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 ...
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...
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...
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...
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...
Spinny books IPO ride; UPI subsidies may endSpinny has confidentially filed for its initial public offering. This and more in today’s ETtech Top 5.
Happiest Minds shares fall for 5th day as merger concerns weighThe stock of Happiest Minds Technologies has experienced a significant downturn due to uncertainty related to the ITC Infotech integration....
Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare pushAshok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research...
Stocks in news: Bharti Airtel, Happiest Minds Technologies, PVR INOX, Milky Mist Dairy and Mankind PharmaIndian equity markets ended lower on August 31, responding to prevailing global economic dynamics. A modest decline in the Nifty50 index br...
Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stakeHappiest Minds Technologies shares fell 6.16% after reports that ITC Infotech may acquire a 22% promoter stake. The stock settled at Rs 420...
Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarterLife Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from th...
BAT’s stake sale in ITC to trigger $50 million inflows as Sensex adjustment comes into effect: NuvamaITC's weight in S&P BSE Sensex to increase, expecting $50M inflows by Nuvama. Sensex adjusts ITC's free float post BAT's stake sale. Global...
ITC gains 4.5% on BAT stake sale, analysts see another 10-15% upside"Major uncertainties hovering around the stock are over, while business fundamentals are intact," said Kaustubh Pawaskar, analyst, Sharekha...
BAT confirms evaluating selling of small part of stake in ITCBritish American Tobacco (BAT) is considering selling a small part of its shareholding in ITC. BAT owns 29% stake but believes 25% is enoug...
ITC shares fall below Rs 400-level as BAT gets ready to offload stakeShares of ITC fell on reports of BAT potentially selling $2-3 billion worth of shares. The divestment, subject to regulatory clearances, ha...
British American Tobacco signals ITC stake disposal, shares soar 7%British American Tobacco is actively working to sell some of its shareholding in India's ITC, signaling a move towards resuming share buyba...
ITC stock slumps 4% after BAT reiterates intention to sell partial stakeBAT has been an investor in ITC since the early 1990s, and it presently owns a little over 29% stake in the tobacco-to-hotels major. In Dec...
Government aims to raise Rs 22,000 crore from ITC, Axis stake saleThe government held stakes through Specified Undertaking of the Unit Trust of India (SUUTI).
Government raises Rs 6,700 crore from 2% stake sale in ITCThe sale comes amidst a 28% increase over the past two months in the share price of Kolkata-based ITC that sells four out of five locally m...