SBFC Holdings Sells 1.3% Stake in SBFC Finance for ₹112 Crore via Open Market
SBFC Holdings Pte, a promoter of SBFC Finance, has sold a 1.3% stake in the non-banking financial company (NBFC) for ₹112 crore through an open market transaction on Wednesday. According…
IndusInd Bank Faces Sharp 26% Stock Decline Amid ₹1,500 Crore Net Worth Hit
IndusInd Bank, one of India’s leading private sector banks, has witnessed a sharp decline in its stock price, plunging 26% to a 52-week low. The significant drop followed the bank’s…
Sun Pharma Strengthens Oncology Portfolio with $355 Million Acquisition of Checkpoint Therapeutics
India’s Sun Pharmaceutical Industries has made a significant move in oncology and immunotherapy with its latest acquisition of Checkpoint Therapeutics, a US-based targeted oncology company, for $355 million. This deal…
Understanding IPOs: A Beginner’s Guide to Going Public
An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time. Going public through an IPO allows a…