The government holds 63.17 per cent in BHEL. | Photo Credit: SHIV KUMAR PUSHPAKAR The government will sell up to 5 per cent stake in Bharat Heavy Electricals Ltd (BHEL) via an offer-for-sale (OFS) beginning on Wednesday at a floor price of ₹254 a share. “Government offers to disinvest 3 per cent equity in the […]
The government will sell 3% stake representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL) via an offer for sale (OFS). The PSU has set the floor price at Rs 254 per share. The government has also retained an oversubscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which […]
Strategy Inc (NASDAQ:MSTR) shares surged 22% Friday as TD Cowen maintained its $440 price target, arguing there is “no reasonable scenario” forcing the company to sell Bitcoin (CRYPTO: BTC) despite trading underwater on its holdings. TD Cowen analysts Lance Vitanza and Jonnathan Navarrete said Strategy is “better positioned than ever” to participate in a potential […]
Shares of state-run Life Insurance Corporation of India (LIC) jumped 4% to Rs 874.95 in Friday’s session, supported by a 17% rise in Q3FY26 profit and a favourable brokerage note from Bernstein, which maintained a Market-Perform rating and set a target price of Rs 940. The insurer reported a 17% year-on-year (YoY) rise in consolidated […]
Everstone Capital plans to sell its entire 11.26% stake in Burger King’s India and Indonesia operator Restaurant Brands Asia Ltd., underscoring fast-food churn in the world’s most populous country. Restaurant Brands India operates Burger King outlets in India and Indonesia. (Reuters) A deal is likely to be announced on Tuesday, 20 January 2026, two people […]
NEW DELHI: A division bench of the Delhi High Court on Monday permitted drugmaker Zydus Lifesciences to sell and market a biosimilar version of the anti-cancer medication Nivolumab in India, setting aside a single judge order that had temporarily restrained the firm from doing the same. The high court allowed Zydus Lifesciences to sell and market a […]
Actor Tusshar Kapoor’s firm, Tusshar Infra Developers Private Limited, along with his father, veteran Bollywood star Jeetendra Kapoor’s company, Pantheon Buildcon Private Limited, has sold a commercial property in Mumbai’s Chandivali for ₹559.25 crore, according to documents accessed by Square Yards. Actor Tusshar Kapoor’s Tusshar Infra Developers and Jeetendra Kapoor’s Pantheon Buildcon have sold a […]
TikTok’s Chinese owner ByteDance Ltd. has signed binding agreements with three major investors to sell just over 80% of US assets to American and global investors to avoid a US government ban. Under the TikTok US sale terms, ByteDance will license its AI recommendation technology to a newly created US TikTok entity, which will use […]
A Reddit post detailing how a buyer’s agricultural plot skyrocketed in value from ₹42 lakh to nearly ₹3 crore in 10 years has sparked a debate on whether land truly delivers superior long-term returns, or whether success stories are often the product of luck, timing and infrastructure-led booms. A Reddit post about a ₹42 lakh […]