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stake sale News

FILA Group Sells 5% DOMS Stake for Rs 798 Crore: A Strategic Move?

James Carter 20 Dec, 2024

Italian multinational FILA Group sold a 4.6% stake in DOMS Industries for Rs 798 crore, marking a strategic move in the open market. DOMS Industries, known for its stationery and a...

Business

Paytm Shares Surge to 52-Week High Following Stake Sale in PayPay Corporation

Jessica Bennett 09 Dec, 2024

Shares of One97 Communication, operating under the Paytm brand, surged over 3% to reach a 52-week high of Rs 1,007 on both BSE and NSE following the company's decision to divest it...