Moneycontrol Selects: Top stories this evening

MC selects-A daily round-up of the most interesting articles

Here is a collection of the most important stories this evening:

The block deal has been launched with an upsize option of an additional 5 percent stake. Based on demand, this could potentially be a $200-million clean up trade with Olympus selling its entire balance 10.1 percent stake. Read More

Capital market participants have suggested increasing Securities Transaction Tax on algo-based hedge funds conducting High-Frequency Trading (HFT), among steps to shield retail investors from potentially heavy losses in Futures & Options trading. Read More

The IPO comprises a fresh issue of Rs 800 crore worth of equity shares by the company, and an offer-for-sale (OFS) of 1,36,78,839 equity shares by existing shareholders including promoters. Read More

MC Selects

The food regulator body met airline officials on June 16 and issued a letter to them after the meeting, as accessed by Moneycontrol.Read More

On June 20, Accenture’s quarterly results showed its headcount increased by 7,882 employees to 750,200 in Q3 of FY24. Accenture follows a September-August financial year. Read More

The Ecodesign for Sustainable Products Regulation or ESPR warrants that imported products meet EU's stringent sustainability standards, including a Digital Product Passport for traceability. This aims to ensure that all products entering the common market meet the bloc's high environmental standards. Read More