News stories about "bat" in India.

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Kashmir Willow Cricket Bat: Best Picks For Regularly Playing The Sport

Discover top picks for Kashmir Willow cricket bats, perfect for regular play. Explore durability, performance, and value to find the ideal bat for your cricketing needs. Choose wisely and dominate the field with confidence. Key Points

Times Of India

bat sells ITC stake for Rs 17,400 crore; over 30 institutional investors pick up shares

The big sale by bat turned out to be a blessing in disguise rather than a nightmare for shareholders of ITC, as the stock shot up nearly 9% intraday. The stock ended 4.5% higher on the BSE at Rs 422.40. This indicates the strong institutional interest in the stock given the upbeat growth outlook. Key Points

Economic Times

bat to sell 3.5% in ITC on Wednesday, may raise up to ₹17,480 crore

BAT will sell the stake in ITC Ltd at a discount. Proceeds will fund buyback and deleveraging efforts, ensuring a significant ownership stake post-sale. Key Points

mint

bat launches 3.5% ITC stake sale via block trade, to hold 25.5% stake after deal: Report

BAT is offering 436.9 million shares at Rs 384 to Rs 400.25 each, as per a total deal size of Rs 16,775 crore. Key Points

Business Today

ITC share price: Shares of India's leading cigarette manufacturer dip below Rs 400 amidst bat stake sale buzz

India Business News: Shares of India's leading cigarette manufacturer, ITC, dropped by 2.5% to touch a low of Rs 399.45 on the Bombay Stock Exchange (BSE) on Tuesday. Key Points

Times Of India

ITC shares fall below Rs 400-level as bat gets ready to offload stake

Shares of ITC fell on reports of bat potentially selling $2-3 billion worth of shares. The divestment, subject to regulatory clearances, has caused a supply hangover on ITC shares. Key Points

Economic Times

British American Tobacco looks to raise $2.5 billion by trimming 4% stake in ITC, ropes in Wall St banks

BAT has 29.03% holding in the cigarette-to-chips conglomerate, as per December 2023 disclosures. Based on Mondays closing price, BATs shareholding is valued at Rs 1.47 lakh crore ($17.75 billion). ITCs total market capitalisation amounted to Rs 5.07 lakh crore ($61.17 billion). bat sells cigarettes under brands such as Dunhill, Kent and Lucky Strike. The value unlocking could potentially help it prune leverage and resume a share buyback programme to enhance shareholder value. It launched the 2 billion buyback in 2022, but didnt renew it last year. Key Points

Economic Times

‘It seems he bats on computer….where do we bowl to you now’: Sourav Ganguly to Rashid Khan, cricketverse reacts to Suryakumar Yadav ripping through RCB

Coming in to bat at 51/1, Surya smacking 35-ball-83. An innings laced with seven fours and six maximums. Key Points

The Indian Express

bat offers to sell 3.5% stake in ITC at Rs 384-400 in $2.1 billion block deal

BAT is offering ITC shares at Rs 384-400 each in the block deal which could be worth about $2.1 billion. ​​As and when the transaction is completed, the date of which has not yet been announced, BAT's shareholding in ITC will fall to 25.5% from about 29% currently. Key Points

Economic Times

Gavaskar recalls classic PAK knock in golden tip for India batters for 4th Test

Ahead of the fourth and final Test match of the contest, in Ahmedabad starting Thursday, India batting legend offered two golden tips to Rohit Sharma and Co. as he recalled his classic knock of 96 against Pakistan. | Cricket Key Points

Hindustan Times

Who are Adam Sandler's daughters Sadie and Sunny? The girls star in 'You Are So Not Invited to My bat Mitz

‘You Are So Not Invited to My bat Mitzvah stars Adam Sandler along with his two daughters, and his wife in a cameo. Heres more about them. Key Points

Economic Times

ITC share price drops over 4% as bat says working towards monetising some of its stake

BAT holds a 29.03% stake in ITC valued and has been a shareholder in ITC since the early 1900s. Key Points

mint

Rohit reveals why SKY was demoted, explains Rahul, Axar's promotion in 3rd ODI

SKY was retained in the XI for the third match just as Dravid indicated but he did not bat at No.4 as he had done in the first two matches. Instead, SKY was demoted to No.7, a move which surprised many and drew flack from former India cricketers like Ajay Jadeja and Aakash Chopra. | Cricket Key Points

Hindustan Times

Not keen to dilute any more of remaining 25.51% stake in ITC: bat CEO

“ITC is transforming itself, making a number of investments and divesting the hotel business which we supported. We want to have a say in those decisions. We are very happy to keep our shareholding on that level,” Marroco said. He was talking at the UBS Global Consumer and Retail Conference early hours of Thursday. Key Points

Economic Times

ITC stock slumps 4% after bat reiterates intention to sell partial stake

BAT has been an investor in ITC since the early 1990s, and it presently owns a little over 29% stake in the tobacco-to-hotels major. In December last year, BATs chief executive Tadeu Marroco had indicated the possibility of selling a partial stake in ITC, which has more than doubled in value in the last two years. Key Points

Economic Times

Sachin: How a teenager with a soft, uncertain voice would become a shrill player at the practice field

With Sachin Tendulkar having turned 50 last Monday, the raspy voice is much more audible. But really, every time I see those twinkling eyes, I remember the sound they produced from the bat. Key Points

The Economic Times

Time running out for Samson; debut likely in pace department: India predicted XI

Time is running out for Sanju Samson as India take on South Africa in the third ODI. Here is their predicted XI. | Cricket Key Points

Hindustan Times

Nobody comes anywhere close to MS Dhoni, the finisher: RR’s Riyan Parag ahead of IPL 2023

The 21-year-old from Guwahati, who will be playing his fifth IPL this year, added that while he is happy donning the role of a finisher, if given a choice, he would like to bat at No. 4 in the tournament. Key Points

The Indian Express

No plans to sell SUUTI stake in ITC, says DIPAM Secy

As on December 31, 2023, Specified Undertaking of Unit Trust of India (SUUTI) held around 7.82 per cent stake in the diversified conglomerate ITC. Key Points

mint

bat sells 3.5% stake in ITC via Rs 17,500-crore block deal

British American Tobacco sold a 3.5% stake in ITC, reducing its shareholding. Proceeds will be used for share buyback. ITC's stock price rose on the news. Goldman Sachs maintains buy rating, while CLSA upgrades ITC to buy. Key Points

Economic Times

Fugitive Amritpal Singh's 'Sarbat Khalsa' call finds no takers

While the authorities have been on a manhunt, Amritpal Singh recently appeared on a video asking the people of the Sikh community to unite and calling for 'Sarbat Khalsa', i.e. the assembly of all factions of Sikhs (Khalsa). However, Sikh outfits rejected his appeal. Key Points

India Today

London selling sparks Rs 43,000-crore rally: What bat stake sale means for ITC shareholders

The stake sale in ITC is good news also because bat is now unlikely to sell more shares in near future for it doesn't want its shareholding in ITC to fall below 25%. BAT's ownership in ITC has now fallen to 25.5% from 29% earlier. Key Points

Economic Times

bat planning to launch ITC selldown as soon as this week

London-listed bat has been speaking with Bank of America Corp. and Citigroup Inc. about a potential divestment of around $2 billion to $3 billion in ITC stock through block trades, the people said. Key Points

Economic Times

Major ITC Equity Shakeup: 12 million shares get reshuffled amid reports of British American Tobacco's divestment plans

ITC Ltd witnessed a substantial equity trade as British American Tobacco (BAT) considers selling its stake. Around 12 million shares changed hands, with buyer/seller identities undisclosed. bat is discussing a potential $2-$3 billion divestment with Bank of America and Citigroup Key Points

mint

'We'll see him play…': Rohit's bombshell about MI youngster's India debut

After MI's victory, MI captain Rohit Sharma reserved some high praise for the 20-year-old. He, in fact, dropped hints of drafting Tilak into the Indian side. | Cricket Key Points

Hindustan Times

Watch: Harmanpreet bursts into tears after ex-captain Anjum's post-match gesture

Tears started flowing through Harmanpreet's eyes as Anjum held the Indian captain for a long time. Teammate Harleen Deol, who was not a part of the playing XI, tried her best to wipe the tears off her captain's face. | Cricket Key Points

Hindustan Times

Kohli irreplaceable but Rahul, Iyer, Jadeja show there's more to Indian batting

How would India’s middle order shape up in Kohli’s absence? Would that massive absence prove decisive? Quite nicely, thank you. And definitely not. | Cricket Key Points

Hindustan Times