Holding

Frenzied buying by FIIs in the HDFC Bank stock Friday led to the statutory limit being crossed.

Find out: Legal aspects for NRIs selling property in India

Om Ahuja of Jones Lang LaSalle (JLL) India explains the various implications that come into play when non-resident Indians (NRIs) sell property that they own in India.

Kalanithi Maran reduces holding in Sun TV Network to 75%

Before the sale, Maran had held 77 percent stake in the company. The sale has been transacted through offer for sale (OFS) mechanism, it added.

M&M gains on earnings hopes of Korea unit

Shares in Mahindra and Mahindra Ltd gain 3.8 percent, after stocks of its subsidiary Ssangyong Motor Co Ltd hit a 16-month high, dealers say.

Novartis India up after promoter says to cut stake

Novartis India Ltd shares gained as much as 10.7 percent after parent Novartis AG said in a statement it will sell shares of its Indian unit via stock exchanges to reduce its holding.

LIC cuts stake in 27 Nifty cos; sells shares worth Rs 8k cr

State-run insurance giant LIC has lowered its holdings in as many as 27 of the 50 blue-chip firms forming the market benchmark index Nifty, while selling shares worth an estimated Rs 8,000 crore.

Bajaj Fin to raise Rs 750 crore via rights issue: CEO

Rajeev Jain, CEO, Bajaj Finance, says that the company plans to raise Rs 750 crore, which will take care of our growth needs for the next 2.5-3 years and we will be well capitalized to fund our growth.

Divestment drive to kick off in November

The government is all set to finally kick off the divestment agenda starting with Nalco on November 9.