The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to a 9.99% stake in Federal Bank’s share capital. The approval makes Kotak a potential key institutional shareholder in the Kerala-based lender. Market watchers will now focus on subsequent disclosures to assess how quickly and fully the stake purchase is executed.
Vedanta’s demerger record date is May 1, but since it’s a market holiday, April 29 is the last day investors can buy shares to remain eligible. For every Vedanta share held, shareholders will receive one share each of Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, and Vedanta Iron and Steel, as the group restructures to unlock value.
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Insurance companies cut stakes in five Nifty midcap stocks during the March to June 2025 quarter, pointing to changing investment strategies and softer confidence. The declines were seen across Marico, Coromandel, ITC Hotels, HDFC AMC, and Laurus Labs, raising questions about what sectors investors are now prioritizing.
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