Promoters of Polycab India are expected to sell up to 0.81% stake through block deals, setting a floor price of Rs 7,300 per share to potentially raise Rs 887.6 crore. Several promoters, including Inder T. Jaisinghani, will participate in the sale, following a recent dip in Polycab's share price after hitting a 52-week high.
Illinois has released its own recommendations on COVID-19 vaccines urging all adults and many children to get the shots, in a break with the federal governments guidance.
On Thursday, advocates are rolling out a proposal in the City Council Housing Committee to offer some protection for longtime residents against gentrification near the Obama center.
Akzo Nobel Indias promoter Imperial Chemical Industries sold 22.77 lakh shares worth 765 crore via block deals to global and domestic funds, with Nippon India MF emerging as the largest buyer, followed by WF Asian Smaller Companies Fund and Goldman Sachs.