Mahindra Finance shares: Mahindra & Mahindra Financial Services Ltd saw a reversal in its fortunes on Thursday, as its shares recovered from early losses and turned positive. The stock initially dropped 0.64 percent, hitting a low of Rs 288.15 in the early session. However, it later rebounded, rising 2.85 percent from that low to reach…
Indegene IPO: Indegene’s IPO has received a robust response from investors, particularly high net-worth individuals (HNIs), with subscriptions reaching 1.67 times within the first two days of bidding. This surge in interest spans across all investor categories, signaling a strong market appetite. Priced between Rs 430 to Rs 452 per share, Indegene aims to raise…
Kotak Mahindra Bank’s share price: Kotak Mahindra Bank has officially completed the acquisition of Sonata Finance Private Limited (“Sonata”), marking its full ownership of Sonata. The acquisition, which concluded today, involved a total consideration of approximately Rs. 537 crore. On March 28, at 1:33 pm on the BSE, Kotak Mahindra Bank’s stocks were trading positively,…
Zurich Insurance: Earlier this month, the Competition Commission of India (CCI) approved Zurich Insurance Company’s acquisition of a 70% stake in Kotak Mahindra General Insurance Company. Kotak Mahindra Bank has confirmed that Zurich Insurance Company will acquire a 70% stake in Kotak General Insurance Company Limited for Rs 5,560 crore in a single installment. The…
