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SBFC Finance block deal: Equity worth Rs 534 crore changes hands as promoter likely offloads stake

CNBC-TV18 reported that SBFC Finance s promoter group was looking to offload a 5.45 percent stake in the lender, planning to earn Rs 536.50 crore from the transaction. ....

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IPO and FPO issuance could reach 4-5% of India's market cap, says Jefferies

Jefferies predicts IPO (initial public offering) and FPO (follow-on public offering) issuance could hit 4-5 percent of market capitalisation, mirroring China s figures. ....

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Suven Pharma soars 6% as cabinet committee greenlights Rs 9,589 crore FDI deal

The approval is for the acquisition of up to 76.1 percent stake in Suven Pharmaceuticals by Cyprus-based Berhyanda Ltd. ....

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Promoter likely to pare stake in APL Apollo Tubes via block deal today

The promoters are looking to sell stake worth around Rs 303 crore with a possibility of increasing the stake sale by another Rs 116 crore under the greenshoe option, as per a report by CNBC-TV18. ....

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IndiGo shares fly down 4.5% after Rs 4,837-cr share sale likely by Gangwal family

The Gangwal Family s ongoing stake reduction exercise began in September last year after Rakesh Gangwal stepped down from the board of Interglobe Aviation in February 2022. ....

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