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Vedanta promoters float open offer for 10% stake at Rs 160 per share


Vedanta promoters float open offer for 10% stake at Rs 160 per share
Vedanta promoters are offering Rs 160 per share under the open offer, which is at a 12 per cent discount as compared to the current market price of Rs 178.85
BusinessToday.In | January 9, 2021 | Updated 22:45 IST
The promoters of Vedanta Limited have announced a voluntary open offer to acquire around 37.2 lakh equity shares of the company from public shareholders. This represents 10 per cent of entire equity stake of the company.
The promoter group that has floated the open offer includes Vedanta Resources Limited together with Twin Star Holdings Limited, Vedanta Holdings Mauritius Limited and Vedanta Holdings Mauritius II Limited. ....

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29Dec2020 Pre-Market Commentary: Wall Street Futures Up Again After A New Round Of Records, DOW Up 125 Points, Nasdaq Up +0.4%, US Dollar Slips To 90.01, Bitcoin At 26713


House passes bill to increase $600 stimulus checks to $2,000 (SPY +0.4%). Surge in online shopping is straining America s busiest port.
Here is the current market situation from CNN Money
European markets are broadly higher today with shares in London leading the region. The FTSE 100 is up 2.07% while France s CAC 40 is up 1.20% and Germany s DAX is up 0.14%.
What Is Moving the Markets
Here are the headlines moving the markets.
3 Ways to Play the $30 Trillion ESG Boom in 2021
Theres an old dictum in investment circles that says that the trend is your friend. For decades, megatrends have always set the stage for winning investments, whether they involved technological revolutions, population demographics, or government-driven regulations. And right now, the $30 Trillion ESG Megatrend ticks all the right boxes. Especially with Joe Biden about to give a big boost to the sector. Over the past half-decade, ESG (Environmental, Social, and Governance) investi ....

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