#shareholding

7 stocks where DIIs are trimming their stakes in March quarter

Nifty faces resistance at the 21-EMA on the daily chart despite Friday’s positive close. stocks

DBS Bank is in talks to acquire a stake in Alliance Bank Malaysia, but they revised their offer from 49% to a more regulatory-friendly 30% stake after the initial proposal faced hurdles with Bank Negara Malaysia (BNM). This move aims to secure approval for a significant entry into Malaysia’s banking sector, giving them a foothold to potentially expand, though the process involves complex…

"Promoter Pledge: Ensuring Transparency and Accountability in Promoter Shareholding Commitments"

The Government of India recently went shopping in the telecom sector.

Beginning with the acquisition of a 35.8% equity stake in Vodafone Idea, it went on to pick another 9.5% stake in Tata Teleservices, a Tata Group company.

Strictly speaking, these acquisitions weren't "shopping" but rather "payments" for the statutory dues owed by these companies - a “debt to equity” swap of sorts.

How is this going to benefit the companies, the Government and most importantly, the telecom sector at large?

CE Info Systems, the parent company of digital map maker MapMyIndia, filed its DRHP with SEBI last week for a ₹1,200cr ($164.63m) IPO.

This company joins a long list of startups that have hit the bourses in 2021. However, it would be only the fourth profitable company to go public this year (after ixigo, Nykaa and CarTrade).

What are the facts, stats, opportunities and risks you need to know about before investing in MapMyIndia? And what do you need to know about the larger Indian digital mapping industry?

Yes Bank: Federal Bank’s stake sale in YES Bank merely a trading call: ED & CFO

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Let us understand the thought behind why Federal Bank has decided to sell stake in YES Bank? I would not be commenting on anything specific about the bank. I think the numbers are there in the public domain on what is the shareholdingposition at the end of 31 March in YES Bank. Please remember, in this reconstruction program, 25% of the allotment of shares was available for selling and 75%…