BULK

Olympus Capital Asia divests 9% stake in Aster DM Healthcare for Rs 1,530 crore

According to bulk deal data from BSE, Olympus Capital Asia Investments sold 4.50 crore shares, equivalent to a 9% stake in Aster DM Healthcare, in two tranches. The shares were sold within the price range of Rs 340 to Rs 340.13 each, totalling Rs 1,530.08 crore.

Yemen’s Houthi rebels release video claiming to show Red Sea attack which sank Greek carrier

ET Explainer: What are block and bulk deals?

Block deals involve large investors and do not impact stock prices in real time.

ONDC is bulking up financial services play with consumer-facing apps

Tata Group's super app Tata Neu and credit marketplace Paisabazaar are conducting pilot studies for credit disbursals through the ONDC network, with lenders like DMI Finance and Aditya Birla Finance already integrated.

Marshall Wace sells Rs 394-crore worth Shriram Finance shares

The hedge fund sold 1.4 million shares at 2684.3 apiece. BNP Paribas Financial Markets was a buyer in the deal. Shares of Shriram Finance gained 1.75% to close at 2,731.3 on Friday and are up 17.8% in the last one month.

FD interest rate up to 9.1%: 9 banks have revised fixed deposit terms, rates after new RBI rule

FD interest rates in June: The RBI announced the proposal to revise the definition of bulk fixed deposits. Here is a list of banks that have revised the date and updated their retail deposits from Rs 2 crore to Rs 3 crore.

Promoter Blackstone sells 15% stake in Mphasis for Rs 6,700 crore

Blackstone held a majority stake in the IT firm at 55% as of March. Now it's down to 40%, but still, it's the largest shareholder. Mutual funds hold 13.88% and foreign investors like Nomura hold 14.86%. According to the exchange data, marquee funds including Kotak MF, Morgan Stanley, Societe Generale picked up stakes in the transaction.

Int’l investors grabbed bulk of share offering: Saudi Aramco

Saudi Aramco's latest offering raised $11.2 billion with international investors acquiring the majority of shares. The Gulf kingdom aims to boost finances for large-scale projects in preparation for a post-oil future.

This FD amount will soon be considered as retail FD; RBI to review bulk FD limits

Bulk FD amount of bank: The new proposal has been announced by RBI in the Monetary Policy Committee announcement today. The central bank said that necessary guidelines will soon be issued.

IRB Holding sells Rs 1,444.8 cr worth IRB Infrastructure shares

​​In a separate deal, Nomura India Investment Fund bought shares of IRB Infrastructure Developers worth 256.59 crore on BSE. Shares of IRB Infrastructure Developers slumped 9.9% to close at 65.5 on Thursday.

'Banks need to look beyond bulk deposits to fund loans': RBI

The Reserve Bank of India (RBI) Thursday said that banks must reduce their reliance on wholesale deposits to fund loans and be watchful of the risks associated with their advances and trading exposures amid interest rate fluctuations.

FPIs sell PNB Housing shares worth Rs 843.79 crore in bulk deal

As of March 2024, General Atlantic Singapore Fund FII PTE owned 9.82% stake in the company while Asia Opportunities V (Mauritius) owned 9.88% stake in the company. Societe Generale was among the buyers in the deal and bought shares worth ₹94.82 crore.

Supermarkets tell Britishers not to panic after survival kit advisory

UK retailers caution against bulk-buying as government advises having 3 days' worth of supplies. Andrew Opie from British Retail Consortium emphasizes most households already have enough non-perishables. Government launches 'Prepare' website for emergency preparedness.

Latest SBI FD interest rates: State Bank of India hikes fixed deposit rates by up to 75 bps

SBI FD interest rates: The State Bank of India (SBI) has increased the interest rates for fixed deposits on retail and bulk deposits for specific time periods. The bank has raised the fixed deposit interest rates by 75 basis points (bps) for certain durations.

BHIM looks to bulk up with ONDC to take on digital payment heavyweights

NPCI-built app to foray into ecommerce space via separate division. Despite marketing challenges, BHIM aims to improve user experience through partnerships and new initiatives like BHIM 2.0.

PhonePe poured bulk of Rs 800 crore investments into insurance business

The infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment company's bullish bet on the segment. PhonePe has infused more than Rs 1,000 crore as equity investment in its insurance unit since it was licensed, according to information sourced from the Registrar of Companies.

RIL and Nayara now sell a 4th of India's bulk diesel

RIL had 14.8% share in direct or bulk sales of diesel in March, up from 13.3% a year ago and 9.3% in the corresponding month of 2021, according to industry data. Nayara Energy's share increased to 10.9% in March from 8.7% a year ago and 2.6% in 2021. Together, the two refiners had a share of 25.7% in March, up from 22% in the previous year and 11.9% in 2021.

Two entities sell 4.9 pc stake in Gland Pharma for Rs 1,411 cr

​ Two entities -- Lakumi Trust and Nicomac Machinery -- on Tuesday divested a 4.9 per cent stake in Gland Pharma for Rs 1,411 crore through open market transactions. Lakumi Trust and Nicomac Machinery Pvt Ltd disposed of 81.20 lakh shares of Gland Pharma in separate bulk deals on the National Stock Exchange (NSE).

Citigroup buys shares of two banks for Rs 222 crore

​US-based Citigroup on Monday bought shares of two private lenders, RBL Bank and South Indian Bank, for Rs 222 crore through open market transactions. Citigroup through its affiliate Citigroup Global Markets Mauritius purchased shares through two separate bulk deals on the BSE.

Waiting for right opportunities to buy and expand fleet: G Shivakumar, GE Shipping

​As you know, China is the driver of dry bulk commodities movement, iron ore, coal and steel. Last year, they took in more iron ore than they had in the previous year. They continue to produce steel, of course, they did export a little bit more steel.

Sanlam Life cuts Shriram Finance stake

Shares of the company closed 1.1% down at ₹2,360 on Thursday, after declining 3.22% in the last one month.

Olympus Capital Asia divests 9.8% stake in Aster DM Healthcare for Rs 1,978 cr

According to the bulk deal data available with the BSE, more than 4.42 crore equity shares of Aster DM Healthcare were sold by Olympus Capital Asia Investments and 45.59 lakh shares by Olympus ACF Pte Ltd of the company. In a separate deal, Capital Group acquired shares of Aditya Vision, a financial services company, for Rs 95 crore.

Larsen & Toubro buys 1.20 cr units of National Highways Infra Trust for Rs 149 cr

Larsen & Toubro acquired 1.20 crore units of National Highways Infra Trust at Rs 124.71 per unit, securing 11.02% unitholding. The trust, sponsored by NHAI, had a deal value of Rs 149.65 crore.