Soumeet Sarkar
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Block Deal Bonanza: How Pilani Investment's UltraTech Stake Sale Could Trigger 31% Dividend Yield
Through this deal, Pilani Investments is expected to realise one-time gain of Rs 1,909 crore, which is likely to be routed back to Birla Group via dividends.
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UltraTech Cement Block Deal: Promoter Pilani Investment To Sell Stake Worth Rs 1,909 Crore
The offer price for the transaction has been set at Rs 11,481 per share, representing a discount of around 3% to the current market price
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Tenneco Clean Air Block Deal: Promoter To Sell Over Rs 2,000-Crore Stake; Offer Price Fixed
The base offer size for the block deal is 32.3 million shares, representing 8% of the company's equity, with an upsize option of 8.1 million shares, or an additional 2% stake.
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Paytm Block Deal: SAIF Partners, Elevation Capital To Offload Stake In Rs 2,000-Crore Share Sale
SAIF Partners and Elevation Capital will jointly sell 14.9 million shares, representing approximately 2.3% of Paytm's equity, through a block deal scheduled for August 4.
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ABS Mandate Norms: Hero MotoCorp, Bajaj Auto Likely To Benefit Gain As Centre Weighs Performance-Based Two-Wheeler Braking Norms
Mirae Asset says a shift away from mandatory ABS and CBS fitment could ease costs for entry-level motorcycles and scooters if the government adopts performance-based safety standards.
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Shadowfax Shares In Focus As Flipkart, Eight Roads, IMM India Fund Plan Rs 1,048 Crore Block Deal
Flipkart, Eight Roads Investments and IMM India Fund are set to sell a combined 9.1% stake in Shadowfax through a block deal on July 24, sources told NDTV Profit.
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HDFC Bank Hammered Worst Since 2008: Why Retail Investors Feel The Pinch
HDFC Bank is not just the country's largest private lender, it is also 100% owned by the public, making it crucial for retail investors.
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BSE Shares Rise Nearly 2% After July Market Share Hits Record Premium Segment Level
Stock snaps a five-session losing streak as analysts point to gains in cash and premium market share driven by higher institutional participation.
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RIL Q1 Preview: Profit Seen Jumping 20%; Jio, Retail, New Energy Outlook To Take Centre Stage
The oil and gas exploration business is also expected to report a muted quarter, with Ebitda likely to decline 1% to Rs 4,148 crore from Rs 4,195 crore due to lower production.
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Behind The Decline: Why BSE, MCX Shares Are Losing Steam?
Shares of BSE and MCX have trailed the benchmark since June as lower options premium turnover raises concerns over exchange earnings after RBI's new funding framework took effect.
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Hitachi Energy Confident Of 'Level Playing Field' As Govt Allows Select Chinese Firms In Power Bids
Commenting on the decision, Venu said it reflects the realities of India's rapidly expanding renewable energy ecosystem and the supply chain disruptions witnessed in recent years.
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PB Fintech Block Deal: MacRitchie Investments To Pare 2.6% Stake; Floor Price Fixed
MacRitchie Investments will sell 1.19 crore shares, representing a 2.6% stake in PB Fintech, via a block transaction scheduled for Friday.
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August MSCI Rejig Could Trigger Over Rs 30,000 Crore Inflows Into India; Laurus Labs, Biocon Lead Race
Among the likely beneficiaries, Laurus Labs and Biocon have been assigned a high probability of moving from the MSCI India Small Cap Index to the MSCI India Standard Index.
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Amber Maps Out Smartphone Timeline: Debut Eyed With Eight Million Units For Oppo Portfolio
The collaboration will not require PN3 approval, according to Amber Enterprises.
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Sensex Rebalancing May Drive Over Rs 940 Crore Worth Inflows Into Bharti Airtel, Eternal
According to estimates, Bharti Airtel could see inflows of about $95 million as index-tracking funds adjust their portfolios to reflect the revised benchmark weights. Eternal is also expected to attract inflows of around $5 million.
