The final talks for a potential stake sale have already taken place, and the transaction may take place in a few days in the form of a block deal, the news channel reported. As of December-end, promoter and group entities cumulatively held a 63.71% stake in Vedanta Ltd. On Wednesday, shares of Vedanta ended nearly 5% higher on the National Stock Exchange at Rs 282.55
Among the 10 group stocks, six, including Adani Total Gas, Adani Energy Solutions, Adani Green Energy, Adani Wilmar, Adani Power, and NDTV, finished today s trade in the red.
The value of India investments across six of GQG’s funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg from latest regulatory filings and information on the Florida-based investor’s website.
Tata Power Monday said its unit Tata Power EV Charging Solutions Ltd has signed a Memorandum of Understanding with Indian Oil Corporation Ltd to install more than 500 fast and ultra-fast electric vehicle charging points across India