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FAIRFAX STOCK UPDATE
MUFG rejoins Yes Bank race, submits initial bid for a majority stakeJapan’s MUFG has re-entered the race to acquire a majority stake in Yes Bank after its proposal to invest in HDB Financial was rejected. MU...- Unpacking Go Digit’s earnings; PEs in IPO-bound firmsGo Digit General Insurance reported its second consecutive full year of profit in fiscal 2024. This and more in today’s ETtech Top 5.
- Fairfax refutes charges that Digit was falsely shown to be profitable in 2021Toronto-listed Fairfax’s shares have recouped all losses after a short seller report on 8 February alleged asset value manipulation by the ...
- Oyo pre-files DRHP, IPO size likely slashed; Unacademy leadership to take salary cutsOravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...
- Sebi takes stricter approach in IPO clearance; returns draft paper of 6 cosThe six companies had filed their preliminary initial public offering (IPO) papers with Sebi between September 2021 and May 2022 and their ...
- Digit Insurance files for Rs 5,000 crore IPO; Tiger slashes portfolio to the boneDigit's IPO plans come at a time when tech stocks have dipped owing to worsening macroeconomic conditions.
- Thomas Cook India paid Rs 14 cr for branding rights for India, Sri Lanka, Mauritius: Madhavan MenonIf we did not acquire the brand liquidators of Thomas Cook UK, somebody could try to enter this market post 2024 using that brand
- Markets Mover: What changed for D-Street while you were sleepingNifty futures on the Singapore Exchange were trading 50 points, or 0.45 per cent
- After the relief rally, midcaps, smallcaps to fall further: Dharmesh Kant“There is a merit in buying PSU banks. For trading, take a very long-term view.”
- ETMarkets Morning Podcast: 6th June 2017Tune in: The morning briefing of news, views and cues you need to know before you start your day on Dalal Street.
- Sensex slips over 200 points, Nifty50 below 7,700; Dr Reddy's down 4%, BHEL gains 2%The S&P BSE Sensex started on a cautious note on Wednesday following muted trend seen in other Asian markets.
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