Prøve GULL - Gratis
China's Ant Group to Sell 4% Stake in Paytm; Floor Price at ₹810/share
The New Indian Express Kalaburagi
|May 13, 2025
CHINESE conglomerate Alibaba Group is all set to reduce its shareholding in Paytm parent company, One 97 Communications, on Tuesday.
According to sources, Alibaba affiliate Ant Group-backed Antfin Netherlands Holding BV will float 2.6 crore shares, which represent around 4% equity, in the open market.
The floor price for each share of the company is kept at ₹809.75, a 6.5% discount to Monday's closing prices. Based on this price, the stake sale at Paytm's parent company may fetch the Chinese company about ₹2,065 crore, based on the minimum price.
Denne historien er fra May 13, 2025-utgaven av The New Indian Express Kalaburagi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Kalaburagi
The New Indian Express Kalaburagi
'Good day to send a message': SC denies bail to ISIS terror accused
THE Supreme Court on Tuesday, without mentioning the Delhi blast, denied bail to a man allegedly associated with the proscribed Islamic State of Iraq and Syria (ISIS) outfit, not ing that he has been accused of trying to create a \"ring of terror\" in the country.
1 mins
November 12, 2025
The New Indian Express Kalaburagi
Rajnath assures quick actions, justice for families of victims
A day after a high-intensity explosion ripped through a car claiming nine lives, Defence Minister Rajnath Singh on Tuesday assured the nation that those responsible for the blast here will not be spared.
1 min
November 12, 2025
The New Indian Express Kalaburagi
David Szalay's 'Flesh' proudly takes the Booker, body and soul
CANADIAN-Hungarian-British writer David Szalay won the Booker Prize for fiction on Monday for \"Flesh,\" the story of one man's life from workingclass origins in Hungary to mega-wealth in Britain, in which what isn't on the page is just as important as what is.
1 mins
November 12, 2025
The New Indian Express Kalaburagi
2 Maoist-hit villages vote for first time since ‘47
WHAT is common to Rehal village in Rohtas district and Pichhulia village in neighbouring Gaya? Voters of the two Maoist-affected villages exercised their franchise for the first time after Independence.
1 min
November 12, 2025
The New Indian Express Kalaburagi
JEM 'DOCS' BEHIND BLAST NEAR RED FORT
THE powerful explosion near Delhi's Red Fort, which killed at least 12 people and injured several others, was allegedly orchestrated by Jaish-e-Mohammad (JeM) under the directions of its UN-designated chief, Maulana Masood Azhar, according to a senior Intelligence Bureau officer.
1 mins
November 12, 2025
The New Indian Express Kalaburagi
Tata Commercial Vehicles to list on bourses today
TATA Motors Commercial Vehicles (TMCVL) shares will be listed on the Indian stock exchanges on Wednesday (November 12).
1 min
November 12, 2025
The New Indian Express Kalaburagi
VIL says banks assessing long-term funding after SC order on AGR dues
TELECOM service provider Vodafone Idea Limited (Vi) on Tuesday said following the Supreme Court’s recent order on the company’s adjusted gross revenue (AGR) dues, banks are currently assessing the situation for providing long-term funding to the telecom operator.
1 min
November 12, 2025
The New Indian Express Kalaburagi
Polling highest in Mizoram, lowest in T'gana
BARRING few seats, brisk polling was recorded in the by-elections to eight Assembly seats held amid tight security arrangements across seven states on Tuesday, with Dampa in Mizoram having the highest voter turnout of 82.34%.
1 mins
November 12, 2025
The New Indian Express Kalaburagi
Day after 3K kg explosives found, 800 cops troop down to Dhauj in Faridabad
THE Haryana Police have deployed around 800 personnel for combing and search operations in and around Dhauj village in Faridabad on Tuesday following the recovery of 2,910 kg explosives and inflammable substances from two rooms rented by 35-year-old Kashmiri doctor Muzammil Ganaie.
1 min
November 12, 2025
The New Indian Express Kalaburagi
Ancient statues stolen from Syria's museum
THIEVES broke into Syria 's national museum and stole several ancient statues dating back to the Roman era, officials said on Tuesday.
1 min
November 12, 2025
Listen
Translate
Change font size