Aditya Birla Capital to sell 5% stake in Aditya Birla Sun Life AMC via OFS
Aditya Birla Capital on Monday announced that the company will sell 4.99% stake in Aditya Birla Sun Life AMC via the offer for sale (OFS) route.
Markets Desk at BusinessUpturn.com
Aditya Birla Capital on Monday announced that the company will sell 4.99% stake in Aditya Birla Sun Life AMC via the offer for sale (OFS) route.
To generate capital appreciation, 70%- 100% of the fund's investments will be made in equity and equity-related instruments and 0%- 30% in debt and money market instruments.
Kolkata-based Baazar Style Retail Limited, a value fashion retailer with a leadership position in terms of scale in the states of West Bengal and Odisha in the organized value retail market, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI)
Paytm or One97 Communications Limited has been advised by the NPCI to complete migration for all existing handles and mandates, wherever required, to new PSP banks at the earliest possible.
Gopal Snacks shares listed at Rs 350 per share on BSE and Rs 351 per share on NSE, a 12% discount against its issue price of Rs 401.
Tata Play is owned 50.2% by the Tata Group, Singapore’s Temasek holds around 20% stake, while the remaining stake (29.8%) is held by Walt Disney.
Fitch Ratings has placed India-based IIFL Finance Limited's 'B+' Long-Term Issuer Default Rating (IDR) and medium-term note (MTN) programme rating on Rating Watch Negative (RWN).
AUM (assets under management) of equity mutual funds has surged by 2.76% sequentially to INR 23,12,396 crore in February 2024 from INR 22,50,336 crore in January 2024.
The stock market has generally responded favorably to election results, though there is likelihood of some short-term volatility in the months preceding the election.
Union Asset Management Company (Union AMC) announces the appointment of Madhu Nair as the Chief Executive Officer (CEO) of Union Asset Management Company
Manba Finance Limited, a NBFC-BL providing financial solutions for Auto loans, Used Cars, Small Business Loans and Personal Loans with an AUM size of more than ₹ 800 crore as on December 31, 2023, has filed its draft red herring prospectus (DRHP) with SEBI.
ideaForge Technology, country’s leading global drone technology and manufacturing company, announces Type Certification for one of its flagship products, the Q6 UAS by DGCA (Directorate General of Civil Aviation).
Cureskin, an AI-driven dermatology platform that provides clinically validated skin & hair health solutions, has raised Series B funding of USD 20 million. The round was led by India’s leading digital health-focused venture capital fund, HealthQuad along with participation from existing marquee investors.
The SME Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, March 15th, 2024, for subscription and close on Tuesday, March 19th, 2024.
Ace investor Ashish Kacholia and group were allotted 27.24 lakh shares for a consideration of Rs. 100 crores approx. equating to a 4.2% stake in Man Industries.
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