Tag
Peak XV, Ribbit Capital, and other early Groww investors plan to sell shares worth Rs 4,750 crore via block deals, with a floor price of Rs 177 per share. The announcement triggered a sharp stock price drop as markets priced in the large supply of shares hitting the market.
India's government is revisiting its IDBI Bank stake sale after weak investor interest and market volatility slowed progress. A core group of secretaries is reviewing valuations and timelines, with Finance Minister Nirmala Sitharaman confirming the sale will proceed. A revised deal structure or timeline is expected to
Tag
Peak XV, Ribbit Capital, and other early Groww investors plan to sell shares worth Rs 4,750 crore via block deals, with a floor price of Rs 177 per share. The announcement triggered a sharp stock price drop as markets priced in the large supply of shares hitting the market.
1mo ago · 2 min · Markets
India's government is revisiting its IDBI Bank stake sale after weak investor interest and market volatility slowed progress. A core group of secretaries is reviewing valuations and timelines, with Finance Minister Nirmala Sitharaman confirming the sale will proceed. A revised deal structure or timeline is expected to
2mo ago · 1 min · Markets
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