Fairfax India Holdings Corporation has launched an open offer to acquire an additional 26% stake in IIFL Capital Services. This move follows a Rs 2000 crore investment that increased Fairfax’s holding to 38.47%. The offer is priced at Rs 350 per share for approximately 10 crore equity shares.
Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?
Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week,