Kirloskar Industries Ltd (KIL), a prominent player on the Bombay Stock Exchange (BSE: 500243) and the National Stock Exchange of India Limited (NSE: KIRLOSIND), today disclosed its financial outcomes for the fourth quarter and the fiscal year ending March 31, 2024. Despite facing challenges in some sectors, the company celebrated milestones in its real estate […]
Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a leading player in the global healthcare and retail pharmacy sector, announced the sale of approximately $400 million worth of shares in Cencora, Inc. (NYSE: COR). This transaction decreases Walgreens Boots Alliance’s ownership in Cencora from about 13% to 12%. Strategic Financial Management The proceeds from this significant financial […]
In a significant move within the insurance and finance sectors, Aviva plc has successfully completed the disposal of its shareholding in Singapore Life Holdings Pte Ltd (Singlife) along with two debt instruments, accumulating total proceeds of £937 million (SGD 1.6 billion). This transaction marks a pivotal step in Aviva plc’s strategy to streamline its operations […]
In a significant financial development, the INOXGFL Group, one of India’s leading conglomerates, has announced a successful equity share sale of Inox Wind Limited. This transaction, executed via block deals on stock exchanges, has led to a substantial raise of approximately Rs. 800 crores. This move represents a crucial step towards achieving a net-debt free […]