Warburg Pincus, through its subsidiary White Iris Investment, has sold its entire stake in Apollo Tyres through block deals on Wednesday. The leading global PE firm offloaded about 3.5% stake or 2.24 crore shares in the transaction at Rs 477.35 apiece, taking the deal value to around Rs 1,072 crore. Marquee funds, including Goldman Sachs, … Read more
Mumbai: A host of top foreign institutions and domestic mutual funds, including the Government of Singapore, Capital Group, and ICICI Prudential Mutual Fund, bought shares of ITC in British American Tobacco’s 3.5% stake sale worth ₹17,485 crore in the open market on Wednesday. The shares were sold at ₹400.25 apiece. According to BSE block deals … Read more
MUMBAI: ICICI Prudential Mutual Fund on Tuesday said it will not accept any fresh investment in mid-cap and small-cap funds, effective March 14 until further notice. I-Pru MF joined a long list of fund houses that have over the last few months stopped inflows into small-cap funds. Some fund houses have suspended inflows into mid-cap … Read more