Tata Steel picks 191 cr shares in Singapore arm TSHP for USD 300 million

Tata Steel picks 191 cr shares in Singapore arm TSHP for USD 300 million

Tata Steel on Thursday said it has acquired over 191 core equity shares of T Steel Holdings Pte Ltd for USD 300 million (Rs 2,603.16 crore). T Steel Holdings Pte.Ltd (TSHP) is the Singapore-based arm of home-grown steel giant Tata Steel. “Tata Steel has today i.e., on February 20, 2025, acquired 191,08,28,025 ordinary equity shares … Read more

Adani Wilmar shares jump over 6% as Adani Enterprises to demerge food FMCG biz

Adani Wilmar shares jump over 6% as Adani Enterprises to demerge food FMCG biz

Shares of FMCG firm Adani Wilmar jumped 6.4% to Rs 370.7 in Friday’s intraday trade on BSE after billionaire Gautam Adani‘s flagship entity Adani Enterprises on Thursday approved the demerger of the company’s food FMCG business to Adani Wilmar. “It is believed that the proposed demerger will unlock the direct value of the demerged company’s … Read more