Global  

GSK sells $3.35 billion stake in Hindustan Unilever

Reuters India Thursday, 7 May 2020
GlaxoSmithKline said on Thursday it sold its stake in Unilever's Indian business for $3.35 billion, which Refinitiv says is the largest block trade ever to have been carried out in India.
0
shares
ShareTweetSavePostSend
 

You Might Like


πŸ’‘ One News Page Knowledge: Other News Mentions

GlaxoSmithKline GlaxoSmithKline British pharmaceutical company

Sanofi, GSK launch vaccine trial [Video]

Sanofi, GSK launch vaccine trial

Drugmakers Sanofi and GlaxoSmithKline say they have launched clinical trials of a protein-based vaccine against COVID-19. Julian Satterthwaite reports.

Credit: Reuters Studio    Duration: 01:19Published

Hindustan Unilever Hindustan Unilever Indian subsidiary of Unilever

Equity indices volatile after RBI keeps key rates unchanged [Video]

Equity indices volatile after RBI keeps key rates unchanged

Equity benchmark indices were volatile with a slight positive bias during early hours on Friday after the Reserve Bank of India's (RBI's) Monetary Policy Committee kept repo rate unchanged at 4 per cent and continue with accommodative stance. At 10:25 am, the BSE SandP Sensex was up by 113 points or 0.28 per cent at 40,296 while the Nifty 50 gained by 31 points or 0.26 per cent at 11,865. Except for Nifty FMCG, IT and realty, all sectoral indices at the National Stock Exchange were in the green with thin margins. Among stocks, Larsen and Toubro rose by 2.15 per cent to Rs 900 per share. Tata Steel moved up by 1.8 per cent, Cipla by 1 per cent and HCL Technologies by 0.9 per cent.Private lenders HDFC Bank and ICICI Bank ticked up by 0.9 per cent and 0.8 per cent respectively. However, those which lost were Hindustan Lever, Nestle India, Bajaj Auto, Tech Mahindra and Tata Consultancy Services.

Credit: ANI    Duration: 01:10Published
Opening Bell: Equity indices in the red amid weak global cues [Video]

Opening Bell: Equity indices in the red amid weak global cues

Equity benchmark indices were down on September 30. At 10:00 am, the BSE was down by 95 points or 0.25 per cent and was trading at 37,876, while Nifty was trading also dipped by 7 points or -0.06 per cent at 11,215. The top gainers in the BSE include Sun Pharma, HUL and Asian Paints. SunPharma was trading up with shares at Rs 512 points up by 1.57 per cent, HUL was at Rs 2,055 and Asian Paints at Rs 1,979. Top gainers at NSE included CIPLA, Dr Reddy and Divi's Laboratories Limited. CIPLA was trading at Rs 789 up by 3.49 per cent, Dr Reddy at Rs 5,225 up by 2.77 per cent and Divi's Laboratories Limited was trading at Rs 3,119.

Credit: ANI    Duration: 01:10Published
Opening Bell: Equity indices edge higher, auto and banking stocks gain [Video]

Opening Bell: Equity indices edge higher, auto and banking stocks gain

Equity benchmark indices climbed up by 1 per cent during early hours on Monday tracking positive trends in Asian markets. At 10:15 am, the BSE S-P Sensex was up by 379 points or 1.01 percent at 37,768 while the Nifty 50 gained by 118 points or 1.06 per cent at 11,168. Except for Nifty IT, all sectoral indices at the National Stock Exchange were in the green with Nifty auto ticking up by 1.8 per cent, private banks by 1.6 per cent and PSU banks by 1.5 per cent. Among stocks, ONGC advanced by 5.3 per cent to Rs 72.60 per share, NTPC by 2.7 per cent, Coal India by 2.5 per cent and Power Grid Corporation by 2.4 per cent. The other prominent gainers were Bajaj Finance, Adani Ports, Tata Motors and Axis Bank. However, those which lost marginally were Infosys, Tata Consultancy Services, Bharti Airtel, Cipla and Hindustan Lever.

Credit: ANI    Duration: 01:10Published

Refinitiv Refinitiv Financial technology company

LSE expects Refinitiv deal to close in first-quarter 2021

The London Stock Exchange expects to close its $27 billion purchase of data analytics company Refinitiv in the first-quarter...
WorldNews

Related news from verified sources

London Stock Exchange seeks EU approval for $27 billion Refinitiv bid

The London Stock Exchange on Wednesday formally asked the European Union's competition officials to approve its $27 billion takeover of data and analytics...
Reuters India Also reported by •SeekingAlphaSmartBrief

Refinitiv survey exposes severe lack of due diligence on business supply chains

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has pu...
Finextra

Global banks rake in record corporate bond fees amid pandemic

Investment banks globally raked in record fee income from managing corporate bond issues in the first four months of the year, data from Refinitiv showed, as...
Reuters India


Tweets about this