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stake sale News
IFCI sells 0.2% share in NSE
Tue, Jan 09, 2018
The money will help IFCI turn around its operations
Airtel sells 3% Bharti Infratel stake for Rs 2570 crore to pare debt
Tue, Aug 08, 2017
Airtel said it completed stake sale in Bharti Infratel. The company along with its subsidiaries now owns 58% in Bharti Infratel.
Bharti Airtel subsidiary selling stake in Bharti Infratel for up to $400 million
Mon, Aug 07, 2017
Indian telecoms group Bharti Airtel Ltd has launched a sale of a 3.7 percent stake in tower arm Bharti Infratel Ltd for up to 25.52 billion rupees ($400 million), according to a deal term sheet.
Can Govt achieve its disinvestment target this year?
Mon, Aug 07, 2017
Government has set a disinvestment target of Rs 72,500 crore this financial year 2017-18.
ONGC-HPCL deal: Is the deal fair for HPCL shareholders?
Thu, Jul 20, 2017
Union Cabinet gave in-principle nod for sale of government's stake in HPCL to ONGC. Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
Cabinet gives in-principle nod to 51% HPCL stake sale to ONGC
Wed, Jul 19, 2017
Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications
Tue, Jul 18, 2017
CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.
Tech Mahindra's step-down subsidiary LCC Middle East FZ announces to sell 100% stake in LCC Pakistan
Wed, Jun 21, 2017
Tech Mahindra's step-down subsidiary LCC Middle East FZ LLC will sell its 100% shareholding in LCC Pakistan to Talkpool AG and the deal is expected to be completed by October 31 this year.
Tata Sons to buy Tata Steel stake in Tata Motors
Sat, Jun 17, 2017
Tata Sons Ltd, the holding company of India`s salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd`s stake in Tata Motors Ltd on or after June 23, it said in a regulatory filing on Saturday.
Niti Aayog proposes 26% stake sale in Shipping Corporation of India
Wed, Jun 14, 2017
The sale of the stake in Shipping Corporation of India could fetch the government Rs 960 crore in current market prices.
ICICI to sell stakes in ICICI Lombard; govt banks plan to raise 58,000 crore by selling shares
Tue, Jun 06, 2017
This segment of News 360 brings to you important business updates of the day. Opening of international exchange of NSE, closure of Nifty and Sensex on record levels and other significant news are featured in this segment. About Zee Business --------------------------
Essar sells 100% stake in Aegis BPO to Capital Square Partners
Mon, Apr 03, 2017
Essar's Aegis Holdings will sell 100% stake in ESM Holdings to Capital Square Partners for an undisclosed sum and the deal is expected to close by the first quarter of FY18.
Reliance completes sale of 76% interest in Gulf Africa Petroleum Corporation
Wed, Mar 29, 2017
Indirect wholly owned subsidiary of Reliance Industries Limited (RIL), Reliance Exploration & Production DMCC (REPDMCC) announced on Wednesday that it completed the transaction for sale of its interests in Gulf Africa Petroleum Corporation (GAPCO).
Bank of India sells entire 5% stake in TransUnion CIBIL to TransUnion International
Thu, Mar 23, 2017
Bank of India has sold entire 5% stake in TransUnion CIBIL to TransUnion International on Wednesday.
Canara Bank sells 13.45% stake in Can Fin Homes to Singapore's Caladium Investment
Fri, Mar 10, 2017
Indian state-run lender Canara Bank has sold a 13.45% stake in housing finance arm Can Fin Homes to Singapore-based Caladium Investment for Rs 754 crore ($113.12 million).
Dredging Corp rises 12% as Govt looks to sell majority stake
Mon, Mar 06, 2017
Shares of Dredging Corporation of India (DCI) soared over 12% touching 52-week high on Monday morning as Government looked to sell its majority stake in the company. At 0947 hours, shares of Dredging Corp were trading at Rs 493.50 per piece on BSE, above Rs 48 or 10.77%.
DLF to sell 40% equity shares in DLF Cyber City Developers to GIC Singapore
Thu, Mar 02, 2017
DLF has announced to sell 40% equity shares in its commercial real estate segment firm DLF Cyber City Developers to Singapore-headquartered global investment firm GIC Singapore.
Canara Bank to divest 13% stake in Can Fin Homes by March-end
Tue, Feb 14, 2017
Can Fin Homes on Tuesday said that its promoter Canara Bank was planning to divest 13.45% stake in the company by March-end. Can Fin Homes informed the BSE that Canara Bank had notified the Reserve Bank of India (RBI) about the stake sale.
Government plans strategic sale of 3 public sector units, merger of 4
Fri, Feb 03, 2017
The Government of India is planning to exit its holding in three public sector units- Bharat Pumps & Compressors (BPCL), Bridge & Roof Co and Hindustan Fluorocarbons -- by selling its stake to strategic buyers.
Warburg Pincus acquires nearly 14% stake in PVR for Rs 820 crore
Wed, Jan 18, 2017
"The Indian multiplex industry is at a cusp of rapid transformation and at the next level of growth driven by consumer demand and experience, convenience and technology. We are delighted to welcome Warburg Pincus as an investor as we continue to accelerate our long term development and expansion," PVR Chairman and Managing Director Ajay Bijli said.