Searched for
PROMOTER STAKE
Bajaj Finance to raise Rs 17,500 cr via QIP, preferential issueBajaj Finance plans to raise up to Rs 17,500 crore through a Rs 11,700-crore QIP and Rs 5,800 crore warrant issue to promoter Bajaj Finserv...
In 1996, Tim Draper bought Hotmail shares for $300,000. 2 years later, Microsoft acquired the startup for $400 millionMicrosoft announced the Hotmail acquisition on December 31, 1997. It did not reveal how much it paid for the company. A later securities fi...
RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds...
Avalon Tech block deal: Promoters divest 6% stake worth Rs 871 croreAvalon Technologies saw an Rs 870.6 crore bulk deal as three promoter entities sold 40.08 lakh shares, representing 6% equity. Kotak Mahind...
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...
Axiscades Technologies rises 5% as Sunil Singhania's Abakkus buys 3.03% stakeAxiscades Technologies shares rose on Wednesday after Abakkus Asset Manager bought a 3.03% stake for around Rs 235 crore through a block de...
Avalon Tech shares fall 6% after Rs 883 crore block deal; 3 promoter entities likely sellersAvalon Technologies shares sharply on Wednesday after an Rs 883 crore block deal involving 6.06% of the company’s equity. Three promoter en...
IHH plans to raise Fortis stake to 51%, expand capacity to 10,000 beds by 2031IHH Healthcare aims to raise its stake in Fortis Healthcare to 51 percent within three to five years. The company intends to increase Forti...
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealCompetition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The...
From private jets to cab driver: Malaysia’s ‘Gambling King’ influencer, who once earned RM100,000 a month, now drives to pay off debtOnce a thriving influencer in Malaysia, Aaron Lim embraced a lavish lifestyle centered around high-stakes gambling. However, after falling ...
SC draws the line on Fortis audit, says no ‘fishing and roving’ probe into banksThe Supreme Court clarified the forensic audit's focus is on Fortis Healthcare Holdings Private Limited and the Singh Brothers. This audit ...
Honasa Consumer shares fall 5% after Rs 643 crore block deal; Peak XV, Sequoia likely sellersHonasa Consumer shares declined up to 5% after 1.4 crore shares worth Rs 643 crore changed hands in a block deal. The transaction comes aft...
Fortis Healthcare shares in focus as Supreme Court allows forensic audit to proceedFortis Healthcare shares will be in focus after the Supreme Court allowed a forensic audit of the hospital chain to proceed, while clarifyi...
Can Orient Cables IPO deliver long-term growth for high-risk investors?Orient Cables is aiming to raise ₹320 crore through a fresh equity issue and ₹232 crore via an offer for sale. The company has seen growth ...
Eye on India cocktail, Suntory eyes 10-15% stake in Allied Blenders & DistillersSuntory Holdings, the renowned Japanese beverage company, is in discussions regarding a potential minority investment in Allied Blenders an...
Adani group entities swap 86 lakh shares of Adani Enterprises in Rs 2,498 cr block dealRecently, the Adani Group's promoter entities completed a significant exchange of 86 lakh shares of Adani Enterprises, worth Rs 2,498 crore...
Sanofi Healthcare buys 15.2% stake in Sanofi India for Rs 1,068 croreSanofi Healthcare India acquired a significant 15.2 percent stake in Sanofi India through an open market transaction. The company purchased...
Four Godrej family members buy 1 pc stake in Godrej Consumer for Rs 900 crNadir Burjor Godrej and Adi Godrej's heirs recently acquired a 1 percent stake in Godrej Consumer Products, purchasing 1,02,30,000 shares a...
Whirlpool of India stock soars 20% to hit upper circuit on promoter stake sale buzzWhirlpool of India shares surged 20% to hit the upper circuit at Rs 865.35 after reports indicated promoter Whirlpool Mauritius may sell it...
Bandhan Bank promoter to gradually reduce stake to meet RBI normsBandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recen...