True North, Krishnan Ramachandran sell 10% stake in Niva Bupa Health for Rs 1,507 crore

True North, Krishnan Ramachandran sell 10% stake in Niva Bupa Health for Rs 1,507 crore

Private equity firm True North and Niva Bupa Health Insurance chief Krishnan Ramachandran divested a combined 10 per cent stake in the health insurer for Rs 1,507 crore through open market transactions. Mumbai-based True North, through its special purpose vehicle Fettle Tone LLP, sold a total of 17.29 crore shares or 9.46 per cent stake … Read more

Revanth Reddy shares Telangana’s role in $30 trillion Indian economy by 2047 at NITI Aayog meeting

Revanth Reddy shares Telangana’s role in  trillion Indian economy by 2047 at NITI Aayog meeting

Prime Minister Narendra Modi and Telangana Chief Minister A. Revanth Reddy shake hands at the Governing Council meeting of NITI Aayog in New Delhi on May 24, 2025. | Photo Credit: Special Arrangement Telangana Chief Minister A. Revanth Reddy laid out a visionary roadmap of State’s role in India’s journey towards becoming a developed nation … Read more

Gravita India promoter pares 3.4% stake for Rs 498 crore

Gravita India promoter pares 3.4% stake for Rs 498 crore

A promoter of Gravita India on Friday divested a 3.4 per cent stake in the company for Rs 498 crore through an open market transaction. According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares, representing a 3.38 per cent stake in Gravita India. The shares were sold at … Read more

Metropolis Healthcare Q4 Results: Profit dips 19% to Rs 29 crore

Metropolis Healthcare Q4 Results: Profit dips 19% to Rs 29 crore

Metropolis Healthcare on Tuesday said its consolidated net profit declined 19 per cent to Rs 29 crore in the fourth quarter ended March quarter 2025. The diagnostics chain had reported a net profit of Rs 36 crore for the January-March period of FY24. Revenue from operations rose to Rs 345 crore in the period under … Read more

Ant Financial to sell shares worth Rs 2,200 crore in Paytm parent

Ant Financial to sell shares worth Rs 2,200 crore in Paytm parent

MUMBAI: Ant Financial, the fintech arm of Chinese e-commerce giant Alibaba Group, is planning to offload shares worth nearly Rs 2,200 crore in One97 Communications, the parent company of Paytm, via block deals on Tuesday. Shares are likely to be offered at a floor price of Rs 809.7 apiece — a 6.4% discount to Paytm’s … Read more

Avanti Feeds, Apex Frozen Foods shares tumble up to 18% after Trump’s reciprocal tariffs

Avanti Feeds, Apex Frozen Foods shares tumble up to 18% after Trump’s reciprocal tariffs

Shares of shrimp feed companies Avanti Feeds and Apex Frozen Foods skidded up to 18% on Thursday, after U.S. President Donald Trump announced reciprocal tariffs on as many as 60 countries, including a sweeping 26% tariff on Indian imports. Avanti Feeds slumped 18.3% to Rs 727, while Apex Frozen Foods dropped as much as 7.7% … Read more

Jio Financial Services to invest Rs 1,000 crore in Jio Finance

Jio Financial Services to invest Rs 1,000 crore in Jio Finance

Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations. The company said that as this transaction … Read more

Jio Financial Services to invest Rs 1,000 crore in Jio Finance

Jio Financial Services to invest Rs 1,000 crore in Jio Finance

Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations. The company said that as this transaction … Read more

India’s Shapoorji Pallonji draws strong interest for debt sale: Reports

India’s Shapoorji Pallonji draws strong interest for debt sale: Reports

India’s Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday. The group, which caters to sectors including construction and real estate, plans to raise $3.2 billion to $3.3 billion through the bond issue, … Read more