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News18
7 days ago
- Business
- News18
Quick Routes Int'l exits Zinka Logistics; pares 9% stake for Rs 672 cr
New Delhi, Jun 3 (PTI) Quick Routes International on Tuesday exited Zinka Logistics Solutions by selling a 9 per cent stake in the company for Rs 672 crore through open market transactions. Zinka Logistics Solutions is the parent entity of logistics unicorn Blackbuck. According to the bulk deal data available on the NSE, Quick Routes International sold more than 1.59 crore shares in two tranches, representing a 9 per cent stake in Zinka Logistics. The shares were offloaded in the price range of Rs 420.06-420.25 apiece, taking the combined transaction value to Rs 671.76 crore. In a separate transaction on the NSE, Peak XV Partners' affiliate Peak XV Partners Investments VI disposed of 12.10 lakh shares in Zinka Logistics Solutions for Rs 53 crore. The shares were sold at an average price of Rs 444.71 per piece, taking the deal size to Rs 53.84 crore. Meanwhile, Abu Dhabi Investment Authority, Massachusetts Institute of Technology, ICICI Prudential Mutual Fund, SBI Mutual Fund and Nomura India acquired a total of 83.87 lakh shares or cumulatively a 4.73 per cent stake in Bengaluru-based Zinka Logistics. Details of the other buyers of Zinka Logistics' shares could not be ascertained on the National Stock Exchange (NSE). In a separate bulk deal on the BSE, private equity firm Accel through its affiliates — Accel India IV (Mauritius) and Accel Growth Fund V — divested a 2.7 per cent stake in Zinka Logistics Solutions for Rs 204 crore through open market transactions. The shares were sold in the price range of Rs 420.04-420.29 per piece, taking the aggregate deal value to Rs 203.78 crore. Details of the other buyers of Zinka Logistics Solutions' shares could not be identified on the exchange. Shares of Zinka Logistics Solutions rose 1.43 per cent to close at Rs 443.75 apiece on the BSE, and it went up by 0.96 per cent to settle at Rs 441.85 per piece on the NSE. PTI HG AMJ AMJ AMJ First Published: June 04, 2025, 02:00 IST
The Print
10-05-2025
- Health
- The Print
India sees improvement in maternal, child health indicators, says 2021 SRS report
The Maternal Mortality Ratio (MMR) has declined by 37 points from 130 per lakh live births in 2014-16 to 93 in 2019-21, the statement mentioned, citing the Sample Registration System (SRS) Report 2021 released by the Registrar General of India (RGI) on Wednesday. New Delhi, May 10 (PTI) India has witnessed a significant improvement in key maternal and child health indicators between 2014 and 2021, according to a Health Ministry statement. The Infant Mortality Rate (IMR) has dropped from 39 per 1000 live births in 2014 to 27 per 1000 live births in 2021. The Neonatal Mortality Rate (NMR) has declined from 26 per 1000 live births in 2014 to 19 per 1000 live births in 2021. Under-Five Mortality Rate (U5MR) has also improved, dropping from 45 in 2014 to 31 per 1000 live births in 2021. The Sex Ratio at Birth also improved between 2014 and 2031, getting better from 899 to 913, respectively. Total Fertility Rate is consistent at 2.0 in 2021, which is a notable progress from 2.3 in 2014. According to the SRS 2021 Report, eight states have already attained the Sustainable Development Goals (SDGs) target of MMR (less than or equal to 70 by 2030). Kerala (20), Maharashtra (38), Telangana (45), Andhra Pradesh (46), Tamil Nadu (49), Jharkhand (51), Gujarat (53), and Karnataka (63) are among the top performers. The Ministry also said that 12 states and UT have already attained SDG target of U5MR (less than 25 by 2030): Kerala (8), Delhi (14), Tamil Nadu (14), Jammu & Kashmir (16), Maharashtra (16), West Bengal (20), Karnataka (21), Punjab (22), Telangana (22), Himachal Pradesh (23), Andhra Pradesh (24) and Gujarat (24). Besides, six states and one UT have already attained the SDG target of NMR (less than 12 by 2030): Kerala (4), Delhi (8), Tamil Nadu (9), Maharashtra (11), Jammu & Kashmir (12) and Himachal Pradesh (12). Further, India's progress in the reduction of maternal and child mortality indicators has outpaced global averages, the Ministry said in its statement. As per the current United Nations Maternal Mortality Estimation Inter-agency Group (UN-MMEIG) Report 2000-2023, India's MMR has reduced by 23 points from 2020 to 2023. By this achievement, MMR of India has now declined by 86 per cent compared to the global reduction of 48 per cent over the past 33 years from 1990 to 2023, the statement said. Significant achievement has been highlighted in the reduction of Child Mortality in India in the United Nations Inter-agency Group for Child Mortality Estimation (UN-IGME) Report 2024. The UN-IGME report said India achieved a 78 per cent decline in the Under-Five Mortality Rate (U5MR), surpassing the global reduction of 61 per cent; 70 per cent decline in the Neonatal Mortality Rate (NMR) compared to 54% globally, and 71 per cent decline in the Infant Mortality Rate (IMR) compared to 58 per cent globally, over the past 33 years from 1990 to 2023. PTI PLB AMJ AMJ This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
