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American ride-hailing giant Uber sold its entire 7.78 per cent stake in domestic food-delivery company Zomato for Rs 3,088 crore ($390 million). A total of 612 million shares were sold at Rs 50.44 apiece to over a dozen institutional investors. Fidelity Investments bought shares worth Rs 274 crore and ICICI Prudential Life Insurance bought another Rs 226 crore. Learn Along Uber Headquarters: California,US CEO: Dara Khosrowshahi Zomato Headquarters:Gurugram CEO: Deepinder Goyal ICICI Prudential Life Insurance Headquarters:Mumbai MD & CEO: N.S.Kannan
Consider the following statement about Marginal Cost of Funds based Lending Rate (MCLR)?
I. It is the mechanism of determining commercial bank...
Which country has hosted the first 'Karnataka Cultural Festival'?
Which organization attained Navratna status on 30th August 2024?
According to the IEA report, how will India's electric vehicle (EV) sector impact gasoline demand by 2030?
What is the distinctive feature of the newly discovered lizard species, Agasthyagama edge or northern kangaroo lizard?
Vaishali Ramesh Babu achieved which milestone in her chess career?
Kolkata-based filmmaker Abu Sohel Khondekar's short film "Mehroon" won a special jury mention at which film festival?
What is the total outlay of the "Scheme for Expansion and Modernization of Fire Services in the States" launched by the Ministry of Home Affairs?
Which of the following states is not covered under the Atal Bhujal Yojana (ATAL JAL)?
India and which of the following South Asian country launch the Real-time Payment Systems Linkage on 21st February 2023?