BAT's reduction of stake in ITC: Here's how it can impact the Indian FMCG giant
BAT reducing its stake in ITC could remove uncertainties for the Indian giant - Issue Date: Apr 14, 2024
Source: businesstoday.in
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No plans to sell SUUTI stake in ITC, says DIPAM Secy
As on December 31, 2023, Specified Undertaking of Unit Trust of India (SUUTI) held around 7.82 per cent stake in the diversified conglomerate ITC.
Source: moneycontrol.com
No plans to sell government's stake in ITC, says DIPAM Secretary | Business News
"There is no such plan at the moment," Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI.
Source: indianexpress.com
'ETFs in debt have a huge potential for investments'
In an interview with Mint, fintech entrepreneur Sanjiv Shah talked about his recent work, trends in the ETF space and anecdotes from his MF industry days
Source: livemint.com
ITC's largest shareholder BAT is working towards monetising stake
BAT chief executive Tadeu Marroco said in its preliminary earnings release for 2023 that the company continues “to pursue all opportunities to enhance balance sheet flexibility” and as part of this regularly reviews its stake in ITC.
Source: indiatimes.com