Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba, on Wednesday divested its entire 3.44% stake in food delivery aggregator Zomato for Rs 3,337 crore through open market transactions. ICICI Prudential Life Insurance Company, Max Life Insurance, Aditya Birla Sun Life Mutual Fund (MF), Birla MF, Morgan Stanley, India Acorn ICAV, Societe Generale, Government of Singapore, Monetary Authority of Singapore, Goldman Sachs (Singapore) Pte, Government Pension Fund Global and Veritas Asset Management, among others were the buyers of shares of Zomato. Alipay Singapore Holding Pte sold more than 29.60 crore shares of Zomato in 31 tranches on the BSE. According to the block deal data available with BSE, the shares were sold at an average price of Rs 112.7 apiece.
Indian Americans
Indian-Origin Pennsylvania Physician Madhu Aggarwal Pleads Guilty to Healthcare Fraud
NEW YORK(TIP): Indian-origin Pennsylvania physician Madhu Aggarwal has pleaded guilty to charges of unlawfully distributing controlled substances and healthcare fraud, US Attorney Scott Brady said. Ms Aggarwal, who practiced at a clinic in Pennsylvania, and others […]
Misc
A Lesson in Wisdom
After a long journey, Sri Ramchandra with his Vanara Sena, reached the southern coast of our vast land and beheld the expanse of water separating them from Sri Lanka. The search for Sita was over; […]
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