Venus Pipes Stock Rallies 10% on Rs 372 Cr Fund Raise
Venus Pipes and Tubes shares touched a fresh 52-week high today after its board approved a Rs 372 crore preferential issue. Let’s break down what...
Tag : Shareholding
Apollo Hospitals To Cut Gaged Shareholding By Half, Says Group CFO
Apollo Hospitals Enterprise Ltd. promoters would reduce the company’s pledged shareholding by divesting stake in their insurance joint venture, according to Krishnan Akhileswaran, the Apollo...
LIC's Stake Reduction In IDBI Bank Sought By IRDAI
On Monday, IRDAI has sought a proposal from LIC for combining its shareholding with a recently acquired controlling stake in IDBI Bank Ltd. According to...
Naresh Goyal Offers To Invest Rs. 700 Crores In Jet Airways
According to the PTI report, Naresh Goyal, Jet Airways chairman has offered to invest up to Rs 700 crores in the airlines on the terms...
SEBI considers increasing minimum public shareholding
SEBI, is thinking to increase minimum public shareholding requirement from the current 25% to 30 or 35%. This is to increase the liquidity in the market...
Govt raises shareholding to 51% in IFCI
IFCI Ltd has become a state owned firm now as the government has increased its stake in the infrastructure financing firm to 51.4%. the company...