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ACCELERATED BOOKBUILDING PROCESS
Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rushHong Kong's stock market is experiencing a significant revival, fueled by AI and chip companies. Chinese AI startup MiniMax Group has spear...- ITC Hotels shares slide 2% after BAT offloads Rs 3,856 crore stake in block dealITC Hotels shares dipped Friday as British American Tobacco (BAT) reportedly sold a 9% stake for approximately Rs 3,856 crore. This move al...
- British American Tobacco plans to offload up to 15.3% stake in ITC Hotels via block dealBAT announced that its wholly-owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans ...
- Banks, insurers drag European shares lower on caution ahead of Fed decisionEuropean shares slipped on Tuesday, dragged by a drop in rate-sensitive banks and insurance sector stocks, as investors turned cautious ahe...
- Vedanta shares fall over 3% after declaring first interim dividend for FY26Vedanta shares fell over 3% after declaring a Rs 7 interim dividend for FY26 and selling a 1.6% stake in Hindustan Zinc for Rs 3,028 crore....
- Vedanta sells 1.6% stake in Hindustan Zinc for Rs 3,028 crore to boost balance sheetThe sale of 66.7 million Hindustan Zinc shares forms part of Vedanta’s larger plan to reduce debt and enhance financial agility, as the com...
- Vedanta declares Rs 7 per share interim dividendVedanta Ltd announced a first interim dividend of Rs 7 per equity share for the fiscal year 2025-26, totaling approximately Rs 2,737 crore....
- Hindustan Zinc shares slide 6% as Vedanta offloads Rs 3,000 crore worth of shares in block dealVedanta sold 1.6% equity in Hindustan Zinc for Rs 3,028 crore through a block deal, causing HZL shares to drop over 6%. This move aims to d...
- China's Xiaomi raises $5.5 billion in share sale as EV plans ramped upThe company sold 800 million shares at HK$53.25 each, it said in a statement to the Hong Kong Stock Exchange. The world's third-largest sma...
- Italy's FILA raises $95 million from sale of shares in Indian unit DOMSItalian stationery company FILA has sold a 4.57% stake in its Indian subsidiary DOMS, generating €90.9 million ($94.6 million). The sale of...
- Italian stationery maker FILA cuts stake in listed Indian unit DOMSItalian stationery maker FILA has initiated the sale of up to 4.57% of shares in its Indian unit DOMS, it said on Wednesday.
- BAT sells ITC stake for Rs 17,400 crore; over 30 institutional investors pick up sharesThe big sale by BAT turned out to be a blessing in disguise rather than a nightmare for shareholders of ITC, as the stock shot up nearly 9%...
- BAT to sell 3.5% stake in ITC at Rs 384-400 per share in $2.1 billion block deal on WednesdayDebt-ridden British American Tobacco (BAT) plans to sell a 3.5% stake in ITC Ltd for $2.1 billion, reducing its shareholding to 25.5%. BAT'...
- Luxury billionaire Bernard Arnault sells out of retailer CarrefourArnault, who had bought into Carrefour in 2007 and is known for running Louis Vuitton owner LVMH, was one of its three big shareholders, al...
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