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The management was speaking to bondholders for consent solicitation exercise for restructuring a series of bonds, including those due in January 2024, August 2024, and March 2025. ....
By reducing their stakes in the companies they founded or manage, insiders are creating space for local and foreign institutional investors to amass the kind of sizable positions they have long been unable to build. Nearly half of all publicly traded shares have been squirreled away by insiders, at a time when investors have begun to view India as a rare source of rapid growth in the global economy. ....
Booming stock markets and, in some cases, the need to repay loans backed by share pledges, may nudge founders to sell down further, analysts said. ....
Insider Selling Sparks Bullish Signal in Distorted India Market bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
India Business News: Corporate insiders in India have sold $12 billion worth of stock in the first ten months of the year, indicating an overvalued market. However, this i ....