Invesco Developing Markets Fund divested its holdings in two major real estate companies. The fund sold a significant portion of its stake in Oberoi Realty. The deal amounted to ₹1,883.2 crore. Invesco also offloaded shares of Lodha Developers. This transaction was valued at ₹1319.2 crore. These bulk deals occurred on Wednesday.
ONGC picks BP as tech partner for Western Offshore fields
BP already has a similar arrangement for ONGC’s flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping