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Thomas Cook shares rally 4% as promoter Fairbridge Capital completes OFS valued at ₹558 crore

Fairbridge Capital (Mauritius) Ltd continues to be the majority shareholder and promoter of Thomas Cook (India) Ltd and holds 30 crore shares which is higher than the number of shares it held prior to the funds injected in March 2021 (24.8 crore shares), while increasing the floating stock available to minority shareholders. ....

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Stocks to Watch: Tata Tech, Gandhar Oil, Airtel, UltraTech, Zomato, ZEE, and Others

Stocks to watch: Shares of firms like Tata Tech, Gandhar Oil, Airtel, UltraTech, Zomato, ZEE, and others will be in focus on Thursday's trade. ....

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Stocks in news: Tata Technologies, Gandhar Oil, Fedbank Financial, ICICI Securities, GNFC, ZEE

China s Alipay has sold its entire stake in the food delivery company Zomato for about Rs 3336 crore through block deals on Wednesday. ....

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Thomas Cook shares: Promoter Fairbridge Capital to sell 8.5% stake in Thomas Cook via OFS

The promoter proposes to sell up to 32,000,000 shares in Thomas Cook and has set the floor price for the same at Rs 125/share. The floor price is at a steep discount of 21% to the current market price. On Wednesday, shares of Thomas Cook ended 4.5% lower on the National Stock Exchange at Rs 158.40. ....

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