Left Menu
Development News Edition

Yes Bank sells over 13 lakh shares of Reliance Capital


Yes Bank sells over 13 lakh shares of Reliance Capital

Yes Bank on Friday sold more than 13 lakh shares of Reliance Capital for over Rs 2 crore through an open market transaction. According to bulk deal data available with the National Stock Exchange (NSE), the private sector lender sold 13,21,166 shares at an average price of Rs 16.39 apiece, valuing the transaction at Rs 2.16 crore.

However, the buyer of the shares could not be ascertained. On the NSE, shares of Reliance Capital Ltd ended 4.96 percent lower at Rs 16.3.

In October, Reliance Nippon Asset Management Company had directed its trustees to sell the remaining shares pledged by Rana Kapoor, co-founder of Yes Bank, as collateral with the mutual fund house, sources had said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

Sentiment Analysis of Twitter users during COP 25: Governments losing trust on Climate Action

Sentiment analysis of Twitter users during COP25 in Madrid, being held from December 2-13, shows widespread fear on climate change due to global warming but almost no trust on governments in meeting the emission targets. In the analysis the...

These innovators are making humanitarian response more efficient

These alarming trends prompt a call for the world to not only address the ongoing crisis but also to adopt innovative approaches to fulfill the growing humanitarian needs in such emergencies. ...

Hyderabad Encounter: A sentiment analysis of public mood on day of encounter

Sentiment analysis of twitter users revealed that they showered salutes on Hyderabad police for eliminating alleged gang rapists of the veterinary doctor but only a few believe in cops version of successive events leading to encounter....

Hyderabad Encounter: Time to review modern judiciary and restore people’s confidence

Its probably for the first time in the history of independent India, the parliamentarians, chief ministers and ministers in the Union and State governments are openly supporting an encounter. This indicates the people from top to bottom hav...

Videos

Latest News

India slams Pak, says footprint of every major act of terrorism passes through this country

Hitting out at Pakistan, India has said the footprint of every major act of international terrorism passes through this country where terrorists are trained in safe havens to take innocent lives. Indias remarks came after Pakistan raised th...

Guar gum futures up on spot demand

Guar gum prices on Friday gained Rs 43 to Rs 7,192 per five quintal in futures trade as investors increased their holdings on spot demand. Analysts said tracking a firm physical market trend, traders opted to raise their bets which led to r...

Russian aircraft carrier fire extinguished

Moscow, Dec 13 AFP Emergency workers have extinguished the fire that broke out on the Russian navys only aircraft carrier, Russian news agencies reported Friday. The fire on board the flagship Admiral Kuznetsov started on Thursday and cause...

Such members have no moral right to be in LS: Rajnath Singh on Rahul's rape remark

Attacking Congress leader Rahul Gandhi for his reported rape remark, Union Minister Rajnath Singh said on Friday the comment has hurt not only the Lok Sabha but the entire country, and that such members dont have the moral right to be in th...

Give Feedback