Delhivery stake sold: Morgan Stanley, Citigroup and 6 others enter...

Delhivery stake sold: Morgan Stanley, Citigroup and 6 others enter deal; buy 1.6% stake for Rs 461 crore

Posted

Delhivery witnessed significant investor activity as global and Indian entities, including Morgan Stanley and HDFC Mutual Fund, acquired a 1.6% stake for Rs 461 crore through open market deals. This transaction involved Nexus Venture Partners selling shares at Rs 387 apiece. The development follows Delhivery's recent announcement of acquiring a controlling stake in Ecom Express for Rs 1,400 crore.

Read Full Article

Please log in to like, share and comment!

Entertainment

'With Love, Meghan S 2’ trailer: All you need to know

Meghan Markle is back with 'With Love, Meghan Season 2'. The trailer is out now. The show will...

By 0 0

Sports

Chennai Grand Masters 2025: Arjun Erigaisi battles back to hold Vincent Keymer in tense draw

Vincent Keymer maintained his lead at the Chennai Grand Masters after a draw against Arjun...

By 0 3

Sports

Akash Deep's 'dream car' purchase gets him a notice; car dealer suspended

Cricketer Akash Deep has been served a notice by Lucknow RTO, barring his new SUV from roads due...

By 0 3

National

Gold prices down marginally

KATHMANDU: Gold prices saw a marginal decline on Wednesday. According to the Federation of Nepal...

By 0 6

Sports

IPL: Desperation and ‘fluke’ behind CSK’s Dewald Brevis heist

AB de Villiers expressed surprise at IPL teams missing out on Dewald Brevis in the auction, while...

By 0 15