[ad_1] Aditya Birla Capital and Sun Life (India) AMC Investments today, March 18, granted approval for the sale of up to 2.01 million shares of Aditya Birla Sun Life AMC. This sale represents 7 percent of the company’s issued and paid-up share capital. The sale will be carried out through an offer for sale (OFS) … Read more
[ad_1] Mumbai: Promoters of mining and natural resources major Vedanta Ltd offloaded 1.76% stake in the company for $1,737 crore on Thursday through a bulk deal on the BSE, data shows. The stake was sold by Finsider International Co. Ltd, promoter entity, for a weighted average price of $265.14 per share. This translates to a … Read more
[ad_1] A successful Odysseus landing would not only pave the way for future commercial lunar missions but would also strengthen NASA’s Artem… Read more A successful Odysseus landing would not only pave the way for future commercial lunar missions, but would also strengthen NASA’s Artemis program, which aims to return astronauts to the moon and … Read more
[ad_1] Misery loves the company and after facing sharp share price declines of more than 50% each, activist investor Carl Icahn and JetBlue might need each other right now. Icahn Enterprises revealed 9.9% ownership interest at airline JetBlue today, Icahn’s first foray back to the dance floor after promising that the company would “stick to … Read more
[ad_1] The news that ITC’s largest shareholder, British American Tobacco (BAT), is looking to sell a portion of its stake in the conglomerate has raised concerns among market watchers, but analysts remain optimistic about ITC’s long-term growth prospects. ITC. BAT’s decision to monetize part of its stake in ITC stems from several hurdles it has … Read more
[ad_1] Phil Walter/Getty Images In what is likely the largest transaction for the work of a solo musician, Sony has completed a deal to acquire half of Michael Jackson’s recorded masters and publications. The deal values the music assets at more than $1.2 billion, the sources said. Billboard. The outlet also estimated that Sony will … Read more
[ad_1] Walt Disney Co. said Wednesday it will invest $1.5 billion in a stake in Epic Games, the maker of Fortnite and Gears of War, marking the company’s biggest bet yet in the video game industry, as CEO CEO Bob Iger enacts broader plan to revive profits. the two companies announced a partnership that would … Read more
[ad_1] New Delhi: The Center will try to sell its stake in former Air India subsidiaries in FY25, a senior official said, but the privatization of Container Corporation of India is unlikely to see any momentum soon. “Air India subsidiaries may be subject to disinvestment, they are part of the ongoing (pipeline),” Tuhin Kanta Pandey, … Read more
[ad_1] David Rubenstein, a Baltimore native and one of the founders of the private equity firm Carlyle Group, is on the verge of acquiring control of the local sports franchise he has long pursued. The prominent Washington philanthropist and a group of investors have an agreement in place to buy a 40 percent stake in … Read more
[ad_1] MILWAUKEE – On Saturday, as Giannis Antetokounmpo sat at his locker following the Milwaukee Bucks’ 141-117 victory over the New Orleans Pelicans, he held his left hand under his chin and considered the question about his new head coach during a couple of seconds before responding. This was the first time he spoke publicly … Read more