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Jet Airways’ lenders to invite Expressions of Interest for bidding
Mon, Apr 08, 2019
The Expression of Interest document issued by SBI, lead lender in the consortium, offered a stake from 31.2% to 75% of the company on a fully diluted basis.
ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot
Tue, May 23, 2017
ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot. Watch the full segment for more details.
Promoters may reduce stake in Kotak Mahindra Bank
Tue, Mar 28, 2017
Promoters may reduce stake in Kotak Mahindra Bank. Watch this special segment and get to know more here.
Vijay Mallya's sweetheart deal: Sebi may order payout for small investors
Thu, Jan 26, 2017
Market regulator Sebi is likely to order additional payout to small investors by way of a fresh open offer in loss to minority shareholders of United Spirits promoted by Vijay Mallya and new owner Diageo.
Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank
Wed, Jan 25, 2017
Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.
Government seeks up to $2.2 billion dividend from Hindustan Zinc: Sources
Tue, Jan 17, 2017
India is seeking a dividend of up to $2.2 billion (nearly Rs 14,636.1 crore) from partly state-owned Hindustan Zinc Ltd (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances.
Fino Paytech raises Rs 149 crore from ICICI Bank's insurance arms
Wed, Jan 11, 2017
Payments bank licensee Fino Paytech on Wednesday said it has raised Rs 149 crore from ICICI Lombard and ICICI Prudential, clearing the decks for it to seek Reserve Bank of India's (RBI) final nod as it becomes a majority domestic investors-owned entity.
IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation
Wed, Jan 04, 2017
IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.
Saroj Poddar-owned Adventz group not keen on buying minority stake in Paytm
Tue, Jan 03, 2017
Saroj Poddar-controlled Adventz group on Tuesday said it was approached for buying a minority stake in Paytm, but has decided against it.
ONGC to buy 80% stake in GSPC's KG gas block for $995 million
Sat, Dec 24, 2016
State-owned Oil and Natural Gas Corporation (ONGC) on Friday said it will acquire 80% stake in debt-laden Gujarat State Petrochemicals Corporation's (GSPC) KG basin gas block for $995.26 million (nearly Rs 6,621.22 crore).
Life Insurance Corporation hikes stake in Bata to 7.05%
Sun, Dec 11, 2016
State-owned Life Insurance Corporation (LIC) has hiked its stake in footwear major Bata India by 2.03%, taking its total shareholding to 7.05% in the company.
Info Edge ups stake in VCare Technologies to nearly 15%
Sun, Dec 04, 2016
Info Edge (India), which owns leading job listings website Naukri.com, said it has invested an additional Rs 10 million in VCare Technologies, taking its total stake in the company to 14.77%.
Bharti Airtel buys Econet Wireless' 4.2% stake in Airtel Nigeria
Sat, Nov 26, 2016
Bharti Airtel announced on Saturday that it has completed the acquisition of Econet Wireless' entire 4.2% shareholding in Airtel Nigeria. Through the latest acquisition, Airtel's overall shareholding in Airtel Nigeria has risen to 83.25%.
ITC to sell 100% stake in King Maker Marketing for nearly Rs 160 crore
Mon, Oct 10, 2016
India's multi-business conglomerate ITC has announced divestment of 100% stake in its wholly-owned subsidiary King Maker Marketing to United States' (US) firm Premier Manufacturing for estimated amount of $24 million (nearly Rs 159.7 crore).