VST Industries’ Shares Extend Gains as Radhakishan Damani Buys 1.45% Stake
VST Industries’ shares surged to a 52-week high in the early trading hours on Wednesday, extending the previous day’s 20% gains, as ace investor Radhakishan...
Tag : SBI Mutual Fund
Adani Ports Repays Rs 1,500 Crore to SBI Mutual Fund, Aditya Birla Sun Life
Adani Ports and SEZ have repaid Rs 1,500 crore in loans and will repay another Rs 1,000 crore in commercial paper due in March. Adani...
India Setting Up $4 Billion Fund to Backstop Corporate Debt Market
India is setting up a Rs 33,000 crore ($4 billion) fund to provide liquidity to its corporate debt markets in times of stress, an SBI...
Hatsun Agricultural Stock Acquired by SBI Mutual Fund, Share Rises 13% in 4-Days
Hatsun Agro Product Ltd. now has a larger interest thanks to SBI Mutual Fund. The mutual fund division of the State Bank of India (SBI)...
Biocon Sells 5.4% Stake in Arm Syngene International
Drugmaker Biocon sold a 5.4% stake in its research unit Syngene International for just over Rs 1,220 crore in an open market transaction on Tuesday....
Bharti Airtel on Track to Raise Rs 3,000 Crore as 5G Instalment Deadline Ends Today
According to a report, Bharti Airtel plans to borrow up to Rs 3,000 crore from the local money market to pay for the 5G airwaves...
KKR Affiliate Sells 10% Stake in Max Healthcare
On Thursday, KKR’s affiliate firm Kayak Investment has sold a 10 per cent stake in Max Healthcare Institute for nearly Rs 3,300 crore. It sold...
SBI to Start Monetising Assets of Franklin MF’s Shut Schemes
SBI Mutual Fund will start the process of monetising assets of the six shuttered schemes of Franklin Templeton from next week. This comes in after...
Tube Investment India Raises Rs 350 Cr from Azim Premji Trust, SBI MF
Murugappa Group’s firm Tube Investment of India Ltd. (TIIL) on Thursday said that its board has approved the proposal of raising Rs 350 crore from...
SBI Mutual Fund ‘Slowdown’ Due to Consumer Over-Leverage
According to a leading asset management company, consumers are spending much more than their income and also resorting to loans to fund their lifestyle, resulting...