Mumbai, May 20, 2024 Significant development is expected for Indus Towers, India’s largest mobile tower installation company, as a major block deal is expected to take place tomorrow, May 21. CNBC Awaaz quoted sources as saying that foreign institutional investors (FIIs) can sell shares worth Rs 270 crore through this block deal, which is equivalent…
As equity markets navigate through a period of heightened volatility, Union Home Minister Amit Shah has offered advice to investors, urging them not to directly correlate stock market movements with the ongoing Lok Sabha elections. Shah’s remarks come amidst a backdrop of uncertainty fueled by various factors, including election-related speculation and foreign selling, which have…
Go Digit General Insurance Limited’s Initial Public Offering (IPO) begins today, Wednesday, May 15, and will be open for subscriptions until Friday, May 17. The IPO plans to raise ₹2,614.65 crore by issuing new shares and conducting an offer-for-sale (OFS). The fresh issuance is valued ₹1,125 crore, while the OFS entails the selling of 54,766,392…
Warren Buffett-led Berkshire Hathaway neared a $1 trillion market value on Monday after reporting its second consecutive record annual profit, positioning it among a select group of American companies. The 93-year-old Buffett reassured shareholders that the investment conglomerate, now the largest financial firm by market capitalization, was “built to last.” Berkshire’s Class A shares rose…
Mumbai, May 20, 2024 – Significant developments are anticipated for Indus Towers, India’s largest mobile tower installation company, as a major block deal is expected tomorrow, May 21. According to sources quoted by CNBC Awaaz, Foreign Institutional Investors (FIIs) are likely to sell shares worth Rs 270 crore, equivalent to 80 lakh shares, through this…
The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday following a positive trend in global markets. Asian markets traded higher, while the US stock market closed in the green overnight amidst renewed hopes of interest rate cuts by the US Federal Reserve after weak employment data. On Thursday,…
