Fairfax India Holdings Corporation har lanserat ett öppet bud för att förvärva ytterligare 26 procent av aktierna i IIFL Capital Services. Draget följer en investering på 2 000 crore rupier som höjde deras ägarandel till 38,47 procent.
Budet är prissatt till 350 rupier per aktie och omfattar cirka 10 crore aktier. Detta steg gör det möjligt för Fairfax India att utöka sin position i finansföretaget på ett strukturerat sätt genom processen med ett öppet bud.
Domestic institutional investors raised their holdings in several large-cap Indian companies during the March 2026 quarter. Buying focused on financial, technology, telecom and industrial names even as share prices fell sharply.
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Coal India's offer for sale opened to retail investors with non-retail buyers showing robust interest on the first day. The state-owned miner reported subscriptions of 8.14 times from this group amid mixed views on its future.
India has opened its stock markets to direct investment by foreign individuals. The move aims to broaden capital sources beyond foreign portfolio investors.
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More than a dozen companies are preparing to raise around ₹45,000 crore through initial public offerings in July. The offerings are expected to mark a strong return for India's primary market after a quieter period.
Goldman Sachs' Indian equity portfolio held through global funds fell 6 percent during the first half of calendar year 2026. The value dropped from 9,014 crore rupees in December 2025 to 8,470 crore rupees as of June 25, 2026. Eight stocks in the holdings posted gains ranging from 20 to 85 percent.
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Global investors cut their holdings in India's financial services sector during the second half of May, though at a slower pace than earlier in the month. They sold shares worth ₹5,181 crore in the period. FPIs stayed net sellers overall despite inflows into other areas.