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Sensex Closes At Record High, Adani Green Soars 7.59%, Adani Power Gains 5.45%
Indian equity indices closed at record high due to gains in heavyweights like ICICI Bank and L&T.
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Uber Said to Have Sold 7.8 Percent Stake in Zomato for $392 Million via Block Deal
Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.
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Edelweiss Launches Rs 2,000 Crore Share Sale To Institutions
Edelweiss is selling the shares in a price range of Rs 280 to Rs 285 each, which would be a discount of 0.9 per cent to a premium of 0.9 per cent
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ICICI Bank Issues Rs 6 Crore Worth Equity Shares Under ESOPs
ICICI Bank has allotted 1,91,117 equity shares of face value of Rs 2 each on Monday under the employees stock option scheme (ESOP)
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ICICI Prudential Life Insurance Now Eyes IT, Pharma After Bet On Telecom Sector Pays Off
ICICI Pru Life's chief investment officer said he kept buying telecoms shares this year even as a bruising price war and plunging profits forced several other investors to cut their exposure to the sector.
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Nifty Hits 10,400 For First Time, Banks Lead Charge On D-Street
Banks led the charge on Wednesday, with the Nifty Bank index up 1.2 per cent. SBI, ICICI Bank and Yes Bank rose over 1.3 per cent. Bharti Airtel, which announced its Q2 earnings the previous day, was the top gainer, rising over 3 per cent.
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After Weak Market Debut, ICICI Lombard Shares Recover
ICICI Lombard's IPO was purely an offer for sale, in which its promoter ICICI Bank offloaded a 7 per cent stake and Fairfax Financial sold a 12 per cent stake.
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Sensex Closes At Record High, Adani Green Soars 7.59%, Adani Power Gains 5.45%
Indian equity indices closed at record high due to gains in heavyweights like ICICI Bank and L&T.
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Uber Said to Have Sold 7.8 Percent Stake in Zomato for $392 Million via Block Deal
Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.
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Edelweiss Launches Rs 2,000 Crore Share Sale To Institutions
Edelweiss is selling the shares in a price range of Rs 280 to Rs 285 each, which would be a discount of 0.9 per cent to a premium of 0.9 per cent
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ICICI Bank Issues Rs 6 Crore Worth Equity Shares Under ESOPs
ICICI Bank has allotted 1,91,117 equity shares of face value of Rs 2 each on Monday under the employees stock option scheme (ESOP)
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ICICI Prudential Life Insurance Now Eyes IT, Pharma After Bet On Telecom Sector Pays Off
ICICI Pru Life's chief investment officer said he kept buying telecoms shares this year even as a bruising price war and plunging profits forced several other investors to cut their exposure to the sector.
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Nifty Hits 10,400 For First Time, Banks Lead Charge On D-Street
Banks led the charge on Wednesday, with the Nifty Bank index up 1.2 per cent. SBI, ICICI Bank and Yes Bank rose over 1.3 per cent. Bharti Airtel, which announced its Q2 earnings the previous day, was the top gainer, rising over 3 per cent.
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After Weak Market Debut, ICICI Lombard Shares Recover
ICICI Lombard's IPO was purely an offer for sale, in which its promoter ICICI Bank offloaded a 7 per cent stake and Fairfax Financial sold a 12 per cent stake.
