Shareholding

The median stake that founder groups hold in their unicorn startups has gradually fallen over the last six years to just 13 percent in 2024, down from as much as 24.6 percent in 2018, according to data from Tracxn

Canadian billionaire Prem Watsa’s Fairfax India to acquire additional 10% stake in Bengaluru airport

Fairfax's stake in Bangalore International Airport Ltd will increase to 74 percent. The deal is expected to be completed by the first quarter of 2025

Realignment of share in Godrej entities following split completed: Statement

Members of the promoter family of Godrej Industries Group, including Nadir Godrej and the children of his brother Adi Godrej, have taken control of flagship firm Godrej Industries Ltd (GIL) with a 64.66 per cent stake under the settlement agreement, GIL said in a regulatory filing on Friday.

LIC gets 3 more years to meet minimum public shareholding norms

The revised timeline for LIC to achieve 10 percent public shareholding is on or before May 16, 2027

Sanlam to hike shareholding in Shriram General Insurance, Shriram Life Insurance

Upon completion of transaction, Sanlam's effective economic shareholding in SGIC will increase from 40.25 percent to 50.99 percent, and in SLIC from 42.38 percent to 54.40 percent

Ashneer Grover seeks waiver of shareholding requirement to pursue case against BharatPe

The NCLT issued notice in the plea and sought for BharatPe's response to it. The case is now likely to come up for hearing in April 2024

After a strong rally, mutual funds pare holdings in Indian banks in June quarter

A section of analysts predict that the banking sector will experience a reduction in net profit margins in FY24.

Parineeti Chopra invests in Clensta, the eco-friendly personal care brand

Exclusive interaction with actress Parineeti Chopra who has made her investment debut. The Bollywood diva has invested in an eco-friendly brand Clensta, which is a personal care and hygiene brand. In an exclusive interview with Moneycontrol, the actress shared her vision and idea behind the investment and her future business plans. She also gave a sneak peek into her big-screen ventures.​ Watch the full interview.

Byju’s promoters sold shares worth $408.53 million since 2015: PrivateCircle

The shareholding of promoters of the edtech company has been on a gradual decline since 2016, findings show.

SEBI is right in asking for higher ownership disclosure by FPIs, but what took it so long?

SEBI has proposed that foreign portfolio investors (FPIs) with investments concentrated in a single stock or stocks of a business group should provide more information on beneficial ownership

SoftBank offloads 2% stake worth $120 million in Paytm

Post the sale, SoftBank will have around 11.17% stake left in Paytm which is around 70,809,082 shares.

RBI allows HDFC Bank to hike stake in HDFC Life, HDFC ERGO to more than 50%

The merger between HDFC Bank and HDFC is expected to complete by July 2023.

Indian state-run firms to remain exempt from public shareholding norms: Govt

The exemptions from the MPS norm will be valid for a "specified period" even if there is a change in ownership or control after the exemption is granted, the notification said.

LIC's shareholding in Info Edge crosses 5% mark

The acquisition of the additional shares were done at an average cost of Rs 4,790.76 apiece.

LIC buys additional stake in Voltas for Rs 635 crore

LIC said it acquired Voltas' shares worth Rs 634.50 crore through open market transactions during the period from August 10 to November 4, 2022.

Fairbridge Capital increases holding in Thomas Cook (India) to 72.34%

The sub-committee of the board of directors of Thomas Cook (India) has approved the conversion of the balance Rs 132.9 crore Optionally Convertible Cumulative Redeemable Preference Shares (OCCRPS) held by Fairbridge Capital (Mauritius) Limited (FCML) into 2.8 crore equity shares, the company said in a statement.

HDFC, HDFC Bank FII shareholding shows lot of room

Both the firms have been receiving queries from several investors seeking information on their aggregate foreign shareholding.

Rakesh Jhunjhunwala reduces stake in pharma major Lupin

Trendlyne is showing Jhunjhunwala’s holding in the company as ‘below 1%’ as of September 30, 2021.

Wipro sells entire shareholding in IntSights for $19.17 million

On Monday, security analytics and automation firm Rapid7, Inc had announced the acquisition of IntSights Cyber Intelligence Ltd - which provides contextualised external threat intelligence and proactive threat remediation - for USD 335 million in cash and stock.

Shareholding data show retail investors continue to catch falling knives

Chasing price rather than value has been the single most important factor that has driven retail investors to self-destruction

HPCL lists President of India as promoter despite ONGC now owning controlling stake

ONGC had bought the government's 51.11 percent stake in HPCL for Rs 36,915 in January this year

Warburg Pincus buys 14% stake in PVR for Rs 820 crore

Warburg Pincus, a leading global private equity firm focused on growth investing, Wednesday announced that it will hold an equity stake of approximately 14 percent in PVR Limited, India's largest film and retail entertainment company for approximately Rs 820 Crores.

To get Rs 121 cr inflow from New York Life deal: Max Ventures

Max Ventures and Industries have announced the sale of 22.5 percent to New York Life for Rs 121 crore. In an interview to CNBC-TV18, Sahil Vachani, MD of Max Ventures & Industries spoke about the contours of the deal as well as about the latest happenings in his company and sector.

LIC may back Tata Sons while voting in some Tata Grp Co EGMs

CNBC-TV18 learns from sources that LIC is considering backing Tata Sons while voting at some Tata Group Company's extraordinary general meeting (EGMs).

LIC sells 2% stake in fertiliser firm GNVFCL

State-owed insurer LIC has sold 2 percent stake in Gujarat Narmada Valley Fertilisers and Chemicals (GNVFCL) through open market transaction.