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India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales
Resilient Asset Management plans to sell up to 4.98% of Paytm parent One 97 Communications through a block deal worth Rs 4,895 crore. The offer carries a 2.9% discount, potentially pressuring shares
SBI Funds Management secured 1,655 crore from investors before its IPO. This pre-IPO share sale occurred ahead of the company's upcoming public offering
Meta s purchase of shares worth nearly $400 million from Cred s existing shareholders has delivered 7-20x returns to the fintech s angel investors, and 3-16x gains to its institutional backers, sources said, making it one of the largest secondary deals in Indi