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GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?
General Insurance Corporation of India shares dropped 4% as the government's OFS opens for retail investors today at a discount. Meanwhile, Zydus Lifesciences successfully completed its cash tender offer for Assertio Holdings Inc., making it a wholly-owned subsidiary. This acquisition aims to boost Zydus's pipeline of innovative drugs.
GIC OFS opens for retail investors today — All you need to know
At the end of the March quarter, the government held 82.4% stake in GIC, while retail and non-retail investors held 1.4% and 0.14%, respectively, as per data available on the exchanges.
Brigade Enterprises shares to trade ex-bonus today - What 1.5 lakh retail shareholders need to know
As many as 1.5 lakh small retail shareholders, or those who have authorized share capital of up to ₹2 lakh, have a 3.8% stake in Brigade Enterprises at the end of the March quarter.
Retail players can skip GIC Re's OFS: Analysts
Retail investors are advised to skip the government's offer for sale in General Insurance Corp of India. Analysts point to ongoing profitability challenges and headwinds in the reinsurance sector. The company's reliance on its investment portfolio for profits is a key concern. Despite a discount, the offer faces scrutiny.
Government prescribes end to over-the-counter sale of cough syrups
Even in small villages with a population of less than 1,000, where certain remedies including cough syrups were allowed to be sold without retail sale licences so far, now only duly licensed pharmacies can dispense cough syrups.
RIL AGM 2026: Date, Time & 4 Big Things to Watch (Jio IPO, Retail, Energy)
GIC Re offer for sale subscribed 3.72 times on day 1; govt to offer additional 3% stake
The expanded 5% divestment could raise up to ₹3,075 crore for the Centre as the bidding shifts to retail investors and employees on Wednesday.
Luggage brand Delsey Paris to double India investment
Delsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top priority market, experiencing 20% revenue growth and contributing 5% to the group's business. The brand plans to expand its retail presence in India and is doubling its investment to double business within three years.
China stocks mixed as weak consumer and property data offset industrial strength
Investor sentiment was weighed down by signs of uneven economic recovery. China's new home prices fell for a 35th straight month, remaining at their sharpest pace of decline since May 2025. Fixed-asset investment growth for JanuaryMay also missed expectations, while retail sales unexpectedly contracted in May, marking their first annual decline since December 2022.
JAL to be delisted: What happens to retail investors of bankrupt firm - Business Standard
JAL to be delisted: What happens to retail investors of bankrupt firmBusiness Standard
NSE launches 11 new sectoral indices; Nifty Power, Retail, Hospitals among additions - Mint
NSE launches 11 new sectoral indices; Nifty Power, Retail, Hospitals among additionsMint
ABFRL's Sangeeta Tanwani steps down as Pantaloons CEO
Aditya Birla Fashion and Retail (ABFRL) said Sangeeta Tanwani has ceased to be whole-time director (WTD) and chief executive officer (CEO) of its Pantaloons business with effect from close of business hours on 31 July 2026.