Adani institution corporations have cumulatively sold stocks really well worth Rs 15,446 crore in secondary fairness transaction to US PE corporation GQG Partners in block trades. The block change transactions passed off in 4 of the company`s subsidiaries consisting of Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Transmission Limited and […]
Railway stocks surge on lowest bid for Vande Bharat train
Railway stocks surged on March 2 as companies such as Rail Vikas Nigam, Titagarh Wagons and Bharat Heavy Electricals (BHEL) emerged as the lowest bidders for a tender to manufacture 200 Vande Bharat trains. BHEL and Titagarh Wagons emerged as the second lowest bidders for tenders to manufacture 200 Vande Bharat trains with a bid […]
Axis Bank Completes Acquisition Of Citibank Businesses
Axis Bank said on Wednesday that it has completed its acquisition of Citibank’s India consumer and non-banking finance businesses. The deal, announced in March 2022, has been closed for a cash consideration of $1.41 billion (Rs 11,630 crore) in one of the largest deals in the Indian financial services space. The acquisition will help Axis […]