The Indian government is selling up to 2.5% of its stake in Hindustan Zinc, aiming to raise around ₹5,330 crore. The sale, through an offer for sale (OFS), starts on November 6th for institutional investors and high-net-worth individuals, with retail investors able to participate from November 7th. The floor price is set at ₹505 per share, a 10% discount.
Related Posts
Zoho enters B2B payments market, offers variety of integrations
Zoho launched Zoho Payments to streamline B2B transactions by integrating with its existing finance tools such as Zoho Books. The service supports multiple payment methods […]
BPL founder TPG Nambiar passes away
TPG Nambiar, the visionary founder of BPL and a pioneer in India’s consumer electronics industry, passed away at the age of 95. He established BPL […]
Ford, facing economic headwinds and weak EV sales, to cut 4,000 jobs in Europe
Ford Motor Co. is slashing 4,000 jobs across Europe, primarily in Germany, by 2027. The automaker cites economic challenges, intensified competition, and lower-than-anticipated electric vehicle […]