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It was the second time in less than a year that Bain Capital reduced its stake in the bank. Following the sale, Bain now holds around 1.3% stake in the bank's capital. Morgan Stanley, Goldman Sachs, Kuwait Investment Authority, Hartford and Nomura were among the domestic and foreign institutions that bought stakes as part of the block deal.
Arvind Ltd Q1 results: Co posts net loss at Rs 11 crThe company's revenue from operations jumped to Rs 1,439.43 crore in the latest quarter under review compared to Rs 599.28 crore in the same period a year ago.
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… Read MoreThermax Q1 results: Co posts net profit at Rs 42 croreThe company's total income April-June 2021 rose to Rs 1,077.75 crore, compared with Rs 685.86 crore in the year-ago period.
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… Read MoreBirla Corporation Q1 results: Net profit rises over 2-fold to Rs 142 crIts revenue from operation was up 43.13 per cent to Rs 1,749.11 crore during the quarter under review as against Rs 1,221.97 crore in the year-ago period.
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… Read MoreTata Chemicals Q1 results: Consolidated net profit surges to Rs 342 crIncome from operations grew by 27 per cent to Rs 2,977 crore from Rs 2,348 crore in the year-ago period.
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… Read MorePTC India Fin Services Q1 results: Net profit jumps 72% to Rs 46 crTotal income, however, fell to Rs 254 crore as against Rs 298 crore in Q1 FY21 as interest income declined.
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