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ICICI Prudential Mutual Fund raises stake in Travel Food Services, shares rise
ICICI Prudential Mutual Fund has announced the acquisition of an additional stake in Travel Food Services, increasing its total shareholding in the company to above 5%.
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens today
NLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investors, with bids worth Rs 4,158 crore on day one. The Centre has exercised the oversubscription option, taking the total stake sale size to Rs 1,263 crore.
NLC India OFS opens for retail today after strong non-retail response - All you need to know
The government has decided to exercise the entire greenshoe option in the NLC India OFS, after the non-retail portion was oversubscribed 5.22 times, taking the total offer size to 3% of the company's equity capital from the initially planned 2%.
Electric Passenger Vehicle Retail Sales Jump 81.20% To 26,682 Units In May: FADA
Total electric three-wheeler retail sales last month stood at 71,867 units
NLC India OFS: Government exercises greenshoe option
The total offer size has now increased to 3% of equity capital from 2%; retail investors will get 10% of the expanded issue on June 10. NLC India shares settled 2.13% lower at ₹328.60 on the NSE on June 9, before the announcement.
SpaceX IPO is well oversubscribed as per reports; Here's a timeline to its listing
Retail investors can still submit orders for shares of SpaceX on some platforms beyond the Wednesday deadline. As much as 30% of the total shares on offer are allocated to retail investors, as per the report.
Grasim announces ₹3,094-cr investment for lyocell capacity expansion in Karnataka plant
The expansion will add 110,000 TPA capacity at Harihar; total cellulosic staple fibre capacity slated to exceed one million tonnes annually by 2030. Grasim Industries, a Aditya Birla Group company, shares closed at ₹3,060.30 on the NSE on June 8, down 0.89%, or ₹27.40.
Indian auto retail records strongest May performance
Total vehicle registrations stood at 25,31,067 units, reflecting a 9.55% year-on-year increase.
NSE investor accounts cross 26 crore milestone as mobile trading and tier-2/3 cities drive participation
NSE said in a press release that over 4.3 crore accounts, nearly 17% of the total, have been added in the past year alone, reflecting sustained retail interest despite geopolitical uncertainty and market volatility.
Manipal Health takes Bengaluru hospital building on long-term lease
Manipal Health Enterprises has leased a 245,000-sq ft multi-speciality hospital in Bengaluru's Yelahanka for nearly 30 years, with an estimated total rental outgo of ₹816.1 crore. The lease agreement includes a starting monthly rent of ₹1.27 crore and a 10% rent escalation in the sixth year.
Manipal Health picks up hospital building in Bengaluru through 30-year lease
Manipal Health Enterprises has secured a large hospital building in Bengaluru's Yelahanka area. The lease spans nearly 30 years, with total rental payments projected at over Rs 816 crore. This move signifies the hospital chain's ongoing expansion across major Indian cities. The transaction underscores the growing trend of healthcare operators prioritizing long-term occupancy in prime urban markets.
Block Deals: Lenskart Solutions, GMR Airports shares to be in focus
Block Deals: SVF II Lightbulb (Cayman), an investment vehicle owned by SoftBank Group, sold 5.65 crore Lenskart shares, representing a 3.25% stake in the company at ₹508.55 apiece, taking the total deal value to ₹2,873.30 crore.