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To Pay Off Debt, Coffee Day To Sell Bengaluru Tech Park To Blackstone

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BENGALURU:Coffee Day Enterprises said on Wednesday it planned to sell a tech park it owned in the southerncity of Bengaluru to Blackstone for up to Rs 3,000 crore ($421 million), in an effort to cut debt.The announcement comes weeks after the company's founder was found dead in a river in southern India, sparking speculation that he was under intense financial strain and prompting the company to look for options to deleverage its assets.Coffee Day said it entered a non-binding letter of intent with US-based private equity firm Blackstone for the sale.
It also approved the sale of AlphaGrep Securities, a trading firm it owns for Rs 28 crore.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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After the storm on July 10, eyes now on July 15-- the next high alert!Indian markets fell 1.2%amid worldwide jitters and profit reservation. July 10 marked a trend reversal as forecasted, with essential support and resistance levels holding precisely. The

Q1 profits: Motilal Oswal selects ICICI Bank among 22 stocks as leading bets across large, mid, smallcaps - A volatile start to 2025

Mcap of eight of top-10 firms wears down by Rs 2.07 lakh cr; TCS, Airtel greatest laggards

Jane St impact: Are mysterious price moves in Nifty 50 options sign of market manipulation

Q1 profits, FII activity amongst 7 factors that may impact D-Street action today

Foreign Portfolio Investors: FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone

Nvidia CEO Jensen Huang offers shares worth $36 million, net worth nears Buffett

Reliance Infrastructure prepares fundraising effort through equity, debt instruments

[Business] - TCS, Bharti Airtel, among 78 stocks approaching record dates for dividends, reward issue, stock splits - Key business actions

Warren Buffett's hidden quantum play: Berkshire Hathaway's bet on Alphabet and Microsoft's next big frontier

Concurrent Gainers: 12 smallcap stocks that gained for 5 days in a row - Consistent Performers

Indian investors show resilience amid volatility; Nvidia, Tesla emerge as top stock picks - Conviction over noise

Motilal Oswal sees 15–20% upside in L&T and BEL amid strong sector tailwinds

12 SME IPOs delivered multibagger returns in CY25 - Do you own any

Hunting for value stocks Jefferies has 11 stock ideas. Check full list - Value Bets

[Business] - the golden thumbrule: The Golden Thumbrule: 'Your Smartest Move Yet' to develop wealth, starts Tuesday, July 15 at 9 AM - TheIndianSubcontinent Video

Small Steps, Big Returns: How Retail Investors Can Build Wealth in Today's Market

The two-engine problem: How valuation and earnings are pulling markets apart

These 12 Nifty microcap stocks can rally 50-140% in the next 12 months - Top Performers

5 world market styles for the week ahead

Wall Street Week Ahead: Earnings, inflation information face durable United States stocks rally

Fed's Goolsbee: Need to wait until anxiety recedes to feel comfortable about outlook

Investors anxiously await next steps on trade between US and EU

Battle-hardened Wall Street bulls are proving really difficult to frighten

Jane Street: Jane Street India ban threatens 900% rally for Asia's earliest stock exchange

GTPL Hathway: GTPL Hathway Q1 net revenue drops 27% to 10.5 crore

US Stocks: S&P 500 ends down as tariffs sour sentiment

[Business] - Housing financing business: HFCs may log modest Q1 development, but rate cut to weigh on margins

Glenmark Pharmaceuticals stocks: Glenmark surges 20% after major drug licensing deal with AbbVie

RBI: RBI's 7-day VRRR auction undersubscribed as banks favor lending in overnight market

Hindustan Unilever: Analysts pin HUL's revival hopes on CEO Priya Nair

Religare Enterprises: Religare to raise Rs 1,500 crore from Burman Family and select investors

Public sector banks rise to 43% market share in home loans, overtaking personal loan providers

Religare board approves fund raise worth Rs 1,500 cr; Burman household to infuse Rs 750 cr

BEML board to meet on July 21 to think about stock split

[Business] - ET Market Watch: TCS revenues, Sebi crackdown amongst 4 reasons why markets tanked

Reliance Infra gets 3-notch scores increase from India Ratings on near-zero debt

US stocks open lower as Trump hits Canada with fresh tariffs

Bank Q1 credit development at 9.5%, most likely to get

DMart Q1 Results: Profit increases 2% YoY to Rs 830 crore, income up 16%

Rajesh Power Services gets on securing Rs 220-cr order from MGVCL

US dollar index speculative longs stay near 4-year low

Ceinsys Tech soars after protecting Rs 115-crore LoA from MMRDA

Rajesh Power rises 6% after bagging ?220-crore order from Madhya Gujarat

Hariom Pipe Industries Ltd leads gainers in 'B' group

Travel Food Services IPO sees week demand; membership lags at 15%, GMP 2%

NLC India's board OKs to invest Rs 1,630-cr in subsidiary

BSE, Nuvama, CDSL fall up to 7% on F O volume issues as headwinds rise

Alok Industries Ltd leads gainers in 'A' group

Jane Street shows dangers of dealing with financing as 'hair shampoo sachet'

North Eastern Region District Sustainable Development Goals Index shows an increase 85% of districts reveal boost in composite score

Siemens Energy acquires 3%, strikes new high on healthy March quarter results

Fabric shares skyrocket after US tariffs weaken Bangladesh's edge

Promoter stakes are up to 37% in FY25 as MFs, retail drive free float rise

Standards trade with small cuts; pharma shares slide

EPL allots 1.5 lakh equity shares under ESOS

Glen Industries IPO opens for bidding; subscribed 21%, GMP up 25%

Krsnaa Diagnostics increases 6% in trade; what's driving investor interestKrsnaa Diagnostics share rate rose 6 percent in trade, logging an intraday high at ₹ 789.1 per share; here's why Krsnaa Diagnostics share rate increased 6 percent in trade, l

P N Gadgil reports 3% YoY profits growth to Rs 1,713 cr in Q1 FY26

Crypto markets tense on Trump's tariffs; analysts see short-term effect

JSW Infra protects 740 crore Kolkata port task, shares jump 2%

Rajesh Power Services wins orders worth Rs 220.18 cr

Volumes soar at Elgi Equipments Ltd counter

Navin Fluorine shares increase 3% on launching QIP to raise 750 crore

Meghna Infracon rises after inking pact for redeveloping residential project in Santacruz

Dollar index hovers around 97 mark; FOMC minutes in sight

Tata Motors' arm JLR reports 11% YoY decline in wholesale volumes in Q1 FY26

Nectar Lifesciences hits 52-week low; why are investors dumping stock

Clever little bit below 25,450; customer durables shares decrease

Royal Orchid Hotels gains on growth in Maharashtra with new residential or commercial property in Solapur

M production climbs up 20% YoY in June'25

Nectar Life drops on selling core pharma service to Ceph Lifesciences for Rs 1,270 Cr

Refex Industries shares increase 4% after winning 250-crore order from GENCO

GoI reveals the sale of 2 outdated securities for a notified quantity of 25,000 crore

Wall Street Drops on Tariff Worries and Profit-Taking; Dow Sheds Over 400 Points

Morgan Stanley starts coverage on The Leela show 'obese' rating, Rs 549 target; stock up 5%

MCX Outlook: Gold may hit Rs 1.02 lakh/10g, Silver could surge to Rs 1.10 lakh/kg in coming weeks

Jane Street victims F&O casino made retail option traders lose Rs 1 lakh crore in FY25

Goldman sees 11% S&P 500 gains over next 12 months - Optimism on Rate Cuts and Large-Cap Strength Drives Upgrade

Swipe, Meme, Invest: Is Gen Z learning or simply playingFinancial education requires to develop for India's Gen Z. Traditional techniques don't resonate with them. Gamification and memes can be powerful tools. Fintech apps are utilizing these to draw in

BPCL shares can rally up to 26% on superior refining metrics, outshining HPCL, IOCL in Nomura's view

Vedanta shares down 2% in 1 year however offering 7% dividend. Is it enough to purchase the stockVedanta shares

Kalyan Jewellers shares slip nearly 4% after posting Q1 business update

Trident shares surge 6% on US tariff move and regulatory clarity

Indices: Stock market upgrade: Nifty IT index falls 0.01% in a weak market

JP Associates' shares rise 5% after Adani Group emerges as sole unconditional bidder

US Tariffs Return: Winners, losers and What's next - Trump Reignites Tariff Threats

Stock Market Sectors: Stock market update: Sugar stocks down as market falls

52 week high stocks: Stock market upgrade: Stocks that strike 52-week highs on NSE

Stock Market Sectors: Stock market update: Power stocks up as market falls

share market: Share market upgrade: Most active stocks on D-Street today in terms of volume

Indices: Stock market upgrade: Nifty Auto index falls 0.7% in a weak market

Stock Exchange Sectors: Stock market update: Mining stocks down as market falls

Tariff deadline looms, but bond financiers remain calm - Tariff Deadline Nears-- No Panic This Time

Siemens Energy shares rally over 3% after Jefferies starts protection with buy, sees 13% upside

Adani Power shares increase 3% after finishing acquisition of Vidarbha Industries Power

Stocks plunged news: Sensex falls! These stocks are down 5% or more on BSE

Indices: Stock market update: Nifty Realty index falls 0.49% in an upbeat market

Jane Street reveals dangers of financing as hair shampoo

active stocks: Share market upgrade: Most active stocks of the day in terms of total traded worth

Titan shares give Rs 900 crore shock to Jhunjhunwalas. What brokerages say on Tata’s bluechip stock

Indices: Stock market update: Nifty Bank index advances 0.32% in a weak market

Rupee increases 22 paise to 85.72 versus United States dollar in early trade

Indices: Stock market upgrade: Nifty Pharma index falls 0.83% in a positive market

Gokaldas Exports, other textile stocks zoom up to 8% as US slaps 35% tariff on Bangladesh

Fund managers bet on bank, consumer stocks after RBI's rate cuts

PC Jeweller shares drop 8% as exchanges position stock under monitoring after sharp rally

Sensex off to a choppy start, Nifty over 25,450; bank, IT stocks lead gainers

NSE International Exchange set for very first foreign-currency listing

Stocks to buy today: RIL, IOC amongst leading 10 trading concepts for 8 July 2025

P N Gadgil Jewellers shares in focus after Q1 profits increases 2.8% YoY; retail segment up 19.4%

IT stocks hit decade-high 3.2% dividend yield as FIIs flee. Should you buy TCS, Infosys, Wipro before Q1 results

JSW Infrastructure shares in focus after bagging Rs 740 crore port job in Kolkata

JP Power, Godrej Consumer amongst 9 stocks showing bullish White Marubozu Pattern - Hot Stocks

Macrotech Developers shares in focus as Q1FY26 company upgrade shows 10% YoY pre-sales growth

Kotak Mahindra Bank shares rally 4% as company upgrade reveals stable Q1 growth

M&M shares in focus after June production increases 20% to 83,435 systems; sales up 14%

These 7 stocks closed crossing above VWAP on July 7 - Bullish Signal

AMC stocks rise over 3% as Sebi mulls easing mutual fund business norms

Unfavorable Breakout: 7 stocks cross below their 200 DMAs - Bearish Signal

Tata Motors shares in focus after JLR wholesales and retail sales decline in Q1FY26

LTIMindtree Share Price Live Updates: LTIMindtree's Price Movement and Returns Overview

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Category: Business