Nippon India Mutual Fund - StockManiacs stockmaniacs.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmaniacs.net Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Latest News at LatestLY. Timken Singapore Pte, promoter of bearings-maker Timken India, on Tuesday offloaded a 6.6 per cent stake in the company for Rs 1,956 crore through open market transactions. Latest News | Timken India Promoter Pares 6.6 Pc Stake for Rs 1,956 Crore.
Timken Singapore Pte, promoting Timken India, divested a 6.6% stake, equivalent to 50 lakh shares, in the company for Rs 1,956 crore through open market transactions. Buyers included notable mutual funds and financial corporations. Post-sale, Timken Singapore's share in Timken India reduced to 51.06% from 57.70%.
How a Japanese makeover is driving Nippon India MF's growth, rankings livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.