Latest Updates Around The World
Samayat Services LLP, the promoter of Vishal Mega Mart, is expected to sell a 6.5% stake in the company through a block deal. The shares are likely to be sold at a price of Rs 115 each, which implies a discount of 10% to today’s closing price, according to the ET Now report.Samayat Services held […]
Peterhouse Investments India Limited, Usha Martin’s promoter, on Friday sold 23 lakh shares in the company through a block deal. The deal size was Rs 99 crore. Meanwhile, the buyers were Morgan Stanley Bandhan Mutual Fund and 3P India Equity Fund.Morgan Stanley bought shares worth Rs 26 crore through its subsidiary Morgan Stanley Asia Singapore […]
A slew of foreign and domestic institutions and family offices were among the 26 investors who participated in ICICI Prudential Asset Management’s pre-IPO share sale worth around Rs4,900 crore.Several major investors such as Abu Dhabi’s Lunate, Premji Invest, University of California, the estate of late Rakesh Jhunjhunwala, HCL Capital, 3P India managed by Prashant Jain, […]
Zydus Lifesciences’ board on Thursday approved a proposal to raise up to Rs 5,000 crore through a share sale, which the pharmaceutical company said will help strengthen its balance sheet by reducing debt and fueling future growth.The fundraising could be carried out in one or more tranches through a public or private sale of shares […]
SBI’s Q2 FY26 earnings show growth, with net profit boosted by stake sales in Yes Bank despite a decline in core profitability. State Bank of India (SBI) reported second quarter 2026 profits that were largely in line with expectations. Advances grew faster than the banking system at 12.7 percent year-on-year, while the system grew at […]
SBI’s Q2 FY26 earnings show growth, with net profit boosted by stake sales in Yes Bank despite a decline in core profitability. State Bank of India (SBI) reported second quarter 2026 profits that were largely in line with expectations. Advances grew faster than the banking system at 12.7 percent year-on-year, while the system grew at […]
