Vishal Mega Mart's promoter, Samayat Services LLP, is set to sell a 6.5% stake through a block deal at Rs 115 per share, a 10% discount to the current market price. This move comes as the company reported a 19% rise in net profit for the December quarter.
Two ratings agencies have downgraded the city of Chicago and kept their negative outlooks intact, citing the citys back-to-back budget shortfalls since 2023.