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RBI allows more foreign stake in private sector banks

May 13, 2016

RBI allows more foreign stake in private sector banks

The Reserve Bank of India has allowed foreign banks higher shareholding in private sector lenders in the country under exceptional situations as it tweaked the guidelines, against the backdrop of norms on licensing of new banks. #RBI #Private banks #Foreign Banks #Stake buy #Basel III capital regulations
Indian-origin tycoon Sanjeev Kumar Gupta formally bids for Tata Steel UK

May 04, 2016

Indian-origin tycoon Sanjeev Kumar Gupta formally bids for Tata Steel UK

Metals major Liberty House, founded by Indian-born industrialist Sanjeev Kumar Gupta, has formally submitted its bid for acquiring most of the UK assets of Tata Steel, that has suffered nearly $3 billion in losses thus far. #assets #Corus #Stake buy #Bid #Tata Steel UK #Billionaire Sanjeev Kumar Gupta #Jon Bolton
Tata Sons to hike AirAsia India stake to 49%

Mar 28, 2016

Tata Sons to hike AirAsia India stake to 49%

Tata Sons will hike its stake in AirAsia India to 49 per cent by acquiring additional shares from Arun Bhatia's Telestra, which will be exiting the no-frills airline. #Tata Sons #AirAsia #Arun Bhatia #Stake buy #S Ramadorai. #Telestra Tradeplace #Amar Abrol #R Venkataramanan
Heineken picks up United Breweries shares worth Rs 179-cr

Mar 23, 2016

Heineken picks up United Breweries shares worth Rs 179-cr

Beer maker Heineken International today consolidated its stake in United Breweries Ltd (UBL) by picking up over 21 lakh shares of Vijay Mallya-led firm for Rs 179 crore through open market transactions. #Yes Bank #Vijay Mallya #Heineken International #United Breweries #Stake buy #ECL Finance #Scottish & Newscastle
Rakesh Jhunjhunwala, wife buy 25 lakh shares of SpiceJet for Rs 10 cr

May 05, 2013

Rakesh Jhunjhunwala, wife buy 25 lakh shares of SpiceJet for Rs 10 cr

Ace investor Rakesh Jhunjhunwala and his wife Rekha today picked up 25 lakh shares of budget carrier SpiceJet for an estimated nearly Rs 10 crore. #NewsTracker #SpiceJet #Stake buy #Rekha Jhunjhunwala #Rakesh Jhun
Unilever-HUL deal fifth largest Indian inbound M&A on record

May 01, 2013

Unilever-HUL deal fifth largest Indian inbound M&A on record

Unilever $5.4 billion bid for a 23 percent stake in Hindustan Unilever is the largest Asia Pacific cross border inbound merger and acquisition (M&A) deal so far this year and is the fifth largest India Inbound M&A transaction on record till date. #DealStream #Hindustan Unilever #retail #Stake buy #Open offer
Jet, Etihad keen on partnership: Anand Sharma

Feb 18, 2013

Jet, Etihad keen on partnership: Anand Sharma

Etihad and Jet Airways are keen on building a partnership, Commerce and Industry Minister Anand Sharma said today, amid reports of the UAE-based carrier seeking to revise a proposed deal with the Indian carrier. #deal #Jet Airways #TheySaidIt #Etihad Airways #Stake buy
LIC hikes stake in Infosys by over 2%; buys shares worth Rs 3k cr

Jan 09, 2013

LIC hikes stake in Infosys by over 2%; buys shares worth Rs 3k cr

State-run insurer LIC has hiked its stake in Infosys to 7.24 percent, raising its holding in the IT major for third straight quarter with an estimated purchase of shares worth over Rs 3,000 crore. #Infosys #CorporateStrategy #LIC #Stake buy
Jet Airways jumps 7% on hopes of deal with Etihad

Jan 03, 2013

Jet Airways jumps 7% on hopes of deal with Etihad

Shares of Jet Airways today rose by as much as 7 percent amid growing expectations of a possible deal between the airline and United Arab Emirates' Etihad Airways for stake sale. #Jet Airways #StockWatch #Etihad Airways #Stake buy
Etihad likely to decide on India investment next week

Jan 01, 2013

Etihad likely to decide on India investment next week

The board of the Abu Dhabi-based Etihad Airways is likely to meet next week to finalise its Indian investment, CNBC-TV18's Kritika Saxena reported today, quoting sources. #Jet Airways #Etihad Airways #CNBCTV18Exclusive #Stake buy