Global Markets

PRE-MARKET INDIAN STOCKS NEWS: Mastercard Asia Pacific may reportedly sell up to 49.7mln shares in Pine Labs (PINELABS IS)

StockNow breaking-news AI analysis

Mastercard may sell INR 8.925bln in Pine Labs, Lenskart saw an INR 23.91bln stake sale, ONGC discovered offshore gas, and Canara Bank received a Baa3 rating.

News detail

Canara Bank (CANBK IS) - Co. said Moody’s Ratings assigned a Baa3 Senior Unsecured (P) rating to the bank. (Economic Times) Lenskart Solutions (LENSKART IS) - Abu Dhabi Investment Authority-owned Platinum Jasmine A 2018 Trust sold 35mln shares, representing a 2.01% stake in the Co., for INR 23.91bln at INR 683.02/shr. (Moneycontrol) Oil & Natural Gas Corporation (ONGC IS) - Co. struck gas at its deepwater well MN-DW18-1-H-D in the Mahanadi Offshore Basin off the Odisha coast under the Samudra Manthan initiative. (Economic Times) Pine Labs (PINELABS IS) - Mastercard Asia Pacific may reportedly sell up to 49.7mln shares, representing around a 4.3% stake in the Co., through a block deal worth up to INR 8.925bln. (Economic Times)

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