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The move comes at a time when Kishore Biyani-led Future Group is locked in a bitter legal feud with Seattle-headquartered Amazon over the sale of its retail and wholesale assets, including 1,550 Big Bazaar stores, to RIL for around Rs 24,700 crore.
Infosys Q1 preview: Expect strong revenue growth & deal momentum; all eyes on upgrade in FY22 guidance
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… Read MoreNSE-BSE bulk deals: HSBC Smallcap Fund buys stake in CMIIn another transaction, IL&FS Financial Services sold 5.26 million shares of Parsvnath Developers through a bulk deal on the NSE at Rs. 13.34 apiece.
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… Read MoreNifty likely to find support at 15,600Nifty is approaching maturity of price/time-wise correction as it retraced its May 2021 rally by just 38% over past 4 weeks, indicating robust price structure.
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… Read MoreNSE-BSE bulk deals: IDBI Bank sells stake in Zicom ElectronicIn another transaction, Vijit Asset Management bought 250,000 shares of BPL at Rs. 41.4 apiece through a bulk deal on the National Stock Exchange.
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… Read MoreZomato IPO opens on July 14; worth a subscribe?
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