Premjiinvest

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Premjiinvest - Total results - 11
Emami shares zoom nearly 15% as promoters sell stake in flagship firm for around Rs 1,600 crore
Business

Emami shares zoom nearly 15% as promoters sell stake in flagship firm for around Rs 1,600 crore

Emami 's shares advanced 14.80 percent to close at Rs 407.60 on BSE. During the day, it jumped 17.64 percent to Rs 417.70

Emami promoters sell 10% stake for Rs 1,600 cr to SBI MF, L&T MF, PremjiInvest, others
Business

Emami promoters sell 10% stake for Rs 1,600 cr to SBI MF, L&T MF, PremjiInvest, others

The Emami Group on Monday said its promoters have sold 10 percent stake in the flagship firm Emami Ltd for around Rs 1,600 crore

Kishore Biyani's Future Retail gains on reports tech giants Google, Amazon could invest in flagship
Business

Kishore Biyani's Future Retail gains on reports tech giants Google, Amazon could invest in flagship

Future Retail Ltd’s shares jumped some 6.2 percent on Monday, their biggest intra-day percentage gain since 25 May, 2018.

Rakesh Jhunjhunwala, PremjiInvest in fray to buy Star Health Insurance; sale price pegged at $1bn
Business

Rakesh Jhunjhunwala, PremjiInvest in fray to buy Star Health Insurance; sale price pegged at $1bn

Apart from Rakesh Jhunjhunwala, investors such as Kedaara Capital, WestBridge, Temasek and Prudential have also put in their bids

Snapdeal merger: Early investor Kenneth Glass backs Kunal Bahl's decision to call off talks
Business

Snapdeal merger: Early investor Kenneth Glass backs Kunal Bahl's decision to call off talks

"Ten years ago, I believed in Kunal and Rohit's vision to create a successful company in India and was excited to be their very first investor," Glass wrote in an email.

PremjiInvest buys 3.26% stake in Future Lifestyle for Rs 196 crore
Business

PremjiInvest buys 3.26% stake in Future Lifestyle for Rs 196 crore

The shares were acquired at an average price of Rs 316 apiece

Snapdeal board negotiating with Flipkart over better offer for takeover
News & Analysis

Snapdeal board negotiating with Flipkart over better offer for takeover

The deal between Snapdeal and Flipkart, if completed, would mark the biggest acquisition in the Indian e-commerce space.

Azim Premji's investment arm objects to special payouts to Snapdeal founders, 2 shareholders
Business

Azim Premji's investment arm objects to special payouts to Snapdeal founders, 2 shareholders

Wipro's family office has objected to special payments to two of its co-founders Kunal Bahl and Rohit Bansal and two early investors

Retail, QIBs help ICICI Prudential Life IPO subscribe nearly 2 times
Business

Retail, QIBs help ICICI Prudential Life IPO subscribe nearly 2 times

At full subscription, the quota set aside for qualified institutional buyers was oversubscribed 1.88 times, while retail portion has been oversubscribed 1.02 times

ICICI Prudential's Rs 6,000 cr IPO, first by an insurer in India, to hit market today
Business

ICICI Prudential's Rs 6,000 cr IPO, first by an insurer in India, to hit market today

This would be the biggest initial public offering after Coal India. The state-run firm had hit the capital markets in 2010 to raise over Rs 15,000 crore.