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ITC STAKE SALE
Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...- Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
- ITC Hotels shares in focus after marquee investor GQG sells Rs 197-crore stake. What lies ahead?ITC Hotels shares are under scrutiny after GQG Partners sold a partial stake worth Rs 197 crore. Despite a 22% dip this year, driven by geo...
- Marquee investor GQG sells shares worth Rs 197 crore in ITC Hotels through bulk dealGQG Partners sold shares worth Rs 197 crore in ITC Hotels amid a 20% stock correction. Despite short-term weakness, steady hotel operations...
- 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 ...
- BAT may begin phased stake sale in ITC Hotels: SourcesBritish American Tobacco is preparing to sell its 14.55% stake in ITC Hotels following the demerger from ITC Limited, which took effect on ...
- Adani bull GQG raises stake in ITC to 5.47% following BAT’s partial exitGQG Partners ITC stake: GQG Partners raised its stake in ITC to 5.47% via a bulk deal following BAT’s 2.5% stake sale. The move reflects ri...
- BAT to sell 2.3% stake in India's ITC via block dealBritish American Tobacco said on Tuesday it is considering further reducing its stake in Indian consumer goods company ITC in a potential o...
- 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...
- ICICI PRU MF biggest buyer in BAT stake sale at Rs 4,963 croreICICI Prudential Mutual Fund was the biggest buyer in the deal with the fund house buying roughly 28% of shares valued at ₹4,963 crore.
- 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...
- London selling sparks Rs 43,000-crore rally: What BAT stake sale means for ITC shareholdersThe stake sale in ITC is good news also because BAT is now unlikely to sell more shares in near future for it doesn't want its shareholding...
- 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).
- Govt may offload SUUTI stake in Axis Bank; stock sheds weightA proposal for stake sale in ITC is also under consideration, the sources said.
- 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...
- ITC, L&T on alert as SUUTI begins to sell off assetsITC and L&T gear up as the countdown begins for the sale of stakes the Specified Undertaking of Unit Trust of India (SUUTI) hold in these b...
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