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Vanguard, a major asset manager, invested in Vishal Mega Mart by purchasing over 5 crore shares. The deals, executed through two funds, totaled Rs 655 crore. This followed a sale of equity shares by Vishal Mega Mart promoter Samayat Services. Other buyers included SBI Mutual Fund, HDFC MF, and Kotak Mahindra MF.
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Global investor TPG sold its 1,505 crore stake in Sai Life Sciences via block deals at 722 per share. Key buyers included Norges Bank and top Indian mutual funds. The stock rallied 5% post-deal, reflecting robust investor appetite.
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The "crime-loaded" Pioneer Motel along Interstate 80 in Lansing is being demolished, but an effort could preserve its iconic windmill.
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News and Media
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