5news.Indian news, all in one place

BREAKING

› Ramayana’s NEVER-before-seen 15-minute footage STUNS exhibitors at Big Cine Expo 2026 in Chennai: “VFX at par with a big-scale Hollywood film like The Lord Of The Rings”› Dravid Jr and Sehwag Jr in India Under-19 one-day squad for Australia series › Tsunami of dirt: What caused Nepal’s deadly glacial flood?› Nvidia agrees to buy Hugging Face for $12.9 billion: Report › Despite 51% rainfall deficit, AP sustains kharif cultivation through advance planning: Atchannaidu › Govt. failed to respond to drought-like conditions in Andhra Pradesh, says Jagan › ‘12 12 12’ teaser: Anthony Mackie and Jamie Dornan star in Apple TV’s new crime thriller series › SCR proposes ₹2,867-crore coaching depots at Jukal and Dabilpur; drops proposal to build railway terminal in Shamshabad › Shiv Sena launches ‘Mission Gen Z’ for a direct party connect with the young generation › Tim Curry, ‘The Rocky Horror Picture Show’ and ‘It’ star, dies at 80 › Ramayana’s NEVER-before-seen 15-minute footage STUNS exhibitors at Big Cine Expo 2026 in Chennai: “VFX at par with a big-scale Hollywood film like The Lord Of The Rings”› Dravid Jr and Sehwag Jr in India Under-19 one-day squad for Australia series › Tsunami of dirt: What caused Nepal’s deadly glacial flood?› Nvidia agrees to buy Hugging Face for $12.9 billion: Report › Despite 51% rainfall deficit, AP sustains kharif cultivation through advance planning: Atchannaidu › Govt. failed to respond to drought-like conditions in Andhra Pradesh, says Jagan › ‘12 12 12’ teaser: Anthony Mackie and Jamie Dornan star in Apple TV’s new crime thriller series › SCR proposes ₹2,867-crore coaching depots at Jukal and Dabilpur; drops proposal to build railway terminal in Shamshabad › Shiv Sena launches ‘Mission Gen Z’ for a direct party connect with the young generation › Tim Curry, ‘The Rocky Horror Picture Show’ and ‘It’ star, dies at 80

Business

ICICI Prudential AMC shares decline 7% in two days as promoter plans 2% stake sale

The Economic Times · 27 August 2026 at 9:03 am

ICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareholding requirements.

The sale will reduce promoter holding to 85.6%.

Shares of ICICI Prudential AMC have gained over 22% in 2026, while Q1 net profit rose 23% year-on-year to Rs 965 crore.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

More from The Economic Times

Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why

The Economic Times · 1 h ago

Hitachi Energy India, GE Vernova, other power capex stocks rise up to 5%. Two reasons behind the surge

The Economic Times · 1 h ago

Lupin share falls 2%; Citi downgrades to Sell, cuts target price to Rs 2,050

The Economic Times · 1 h ago

Bombay Burmah Trading shares surge 14% after SC recalls Rs 4,655 crore lease-rent observation

The Economic Times · 1 h ago

More in Business

NRI bank accounts: Who can use NRE, NRO and FCNR(B) options in India?

Business Standard · 31 min ago

We don't participate in half of Olympic sports, need to improve: PM Modi

Business Standard · 33 min ago

Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?

Business Standard · 45 min ago

From Acting to Beauty: Digangana Suryavanshi's Vision Behind Glamirk

Business Standard · 56 min ago

Japan to cut visa fees to 10,000 yen for foreigners in financial hardship

Business Standard · 57 min ago

Explained: Why Nepal is so vulnerable to nature's destructive forces

Business Standard · 57 min ago