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HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for

Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC and a Schedule ‘A’ Mini Ratna Category-I company, on Saturday reported a consolidated net loss of Rs 272 crore for

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

ICICI Bank on Saturday reported a 15.9% year-on-year (YoY) rise in consolidated net profit to Rs 13,558 crore for the quarter ended June 2025, compared to Rs 11,696 crore in

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Niti Aayog has recommended a major policy shift in the country’s global investment landscape, proposing that Chinese entities be allowed to acquire up to a 24% stake in Indian companies

Reliance Industries sells 0.9% in Asian Paints for Rs 1,876 crore

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Reliance Industries sells 0.9% in Asian Paints for Rs 1,876 crore

MUMBAI: Siddhant Commercials, an entity belonging to the Reliance Industries group, on Monday sold 85 lakh shares of Asian Paints for nearly Rs 1,876 crore through a block deal on NSE. The entire block, representing 0.9 per cent of the company’s equity, was bought by ICICI Prudential Mutual Fund at a per-share price of Rs 2,207, disclosures on the NSE website showed.In another deal, Samayat Services, a promoter entity of Vishal Mega Mart, put up around a 10 per cent stake in the retailer, expected to be executed through block deals on Tuesday. The block is worth a little over Rs 5,000 crore, sources said. The block has been put up at a per-share price of Rs 110, a 12 per cent discount to its Monday close.





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