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Airtel promoter entity to sell 0.6% stake for Rs 7.2k crore

contact@dailyupdatesindia.com5 months ago02 mins

MUMBAI: Indian Continent Investment, a promoter group entity of telecom services major Bharti Airtel, is eying to mobilise about Rs 7,200 crore (about $806 million) by selling about 3.4 crore shares, translating to nearly 0.6% of the company’s equity) through block trades on Wednesday. Goldman Sachs India is managing the offer, the term sheet for…

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Thyrocare promoter sells 10% for ₹667cr

contact@dailyupdatesindia.com6 months ago01 mins

Docon Technologies, one of the promoters of Thyrocare, on Friday divested a 10% stake in the medical diagnostics chain for Rs 667 crore through an open market transaction. After the stake sale, Docon Technologies’ holding in Thyrocare has declined to 61%. Source link

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What is so special about Iran’s uranium that US, China and Russia all want it?

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