The week gone by saw Nifty50 settling 0.66% lower over the previous week. Yet it was not without action as prominent bulk, block and insider deals worth Rs 10,710 crore were executed during the week. Sizeable block deals that were executed on screen were worth over Rs 10,434 crore with Vedanta walking away with the … Read more
Mumbai: Adani Group on Thursday said US-based boutique investment firm GQG Partners has picked up equity stakes worth $1.87 billion (₹15,446 crore) in four listed group companies – Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission and flagship Adani Enterprises – via secondary share sales. These transactions took place through a series … Read more
Mumbai: Uber Technologies exited its entire 7.8% stake in food delivery platform Zomato by selling 612 million shares through multiple block deals on Wednesday. The American mobility service provider raised around ₹3,088 crore or $390 million at nearly 100% profit. In January 2020, had acquired Uber Eats’ India operations in a non-cash deal, following which … Read more