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Goldman Sachs acquired 13 lakh shares of Arvind Fashions for Rs 75.35 crore in a block deal at Rs 574.73 per share, a slight discount. The stock closed at Rs 583.95, gaining 0.73%. Arvind Fashions has outperformed the Nifty, delivering a 75% return over the past year.
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Western Carriers (India), a multimodal, asset light logistics company, plans to raise Rs 400 crore through an issue of fresh equity to repay debt and to fund capital expenditure, and another Rs 93 crore through an offer for sale by the promoters.
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News and Media
Taylor Swift endorsed Kamala Harris for the US presidential race, criticising Donald Trump for using AI-generated images of her as a supporter. Swift's post reignited the 'childless cat ladies' controversy, originally sparked by JD Vance's remarks. The issue is significant as women's votes are crucial in the upcoming elections.
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News and Media
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