IndusInd Bank shares surge 9% on talks of Route One increasing stake - Moneycontrol.com 10-Jul-2020

IndusInd Bank shares surge 9% on talks of Route One increasing stake - Moneycontrol.com


US-based hedge fund Route One Investment Company had initiated talks to increase its stake in the Hinduja Group-backed lender, which is exploring multiple options to strengthen its Balance Sheet and raise capital, sources told Moneycontrol.

More...