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FTIL inks pact with Rakesh Jhunjhunwala, Edelweiss to exit MCX-SX

Nov 26, 2014

FTIL inks pact with Rakesh Jhunjhunwala, Edelweiss to exit MCX-SX

FTIL sold its entire five per cent stake in MCX-SX stock exchange for Rs 88.41 crore. #Rakesh Jhunjhunwala #MCX-SX #stake sale #Edelweiss #FTIL
Why the govt should not delay its stake sale in SAIL

Jul 16, 2014

Why the govt should not delay its stake sale in SAIL

The government was to divest its stake in Sail by this month end but could now wait until August. Could this hit the sale? #Business #ONGC #SAIL #BSE #stake sale
Govt plans to sell stake in IOC, Coal India by yr-end: All you need to know

Nov 11, 2013

Govt plans to sell stake in IOC, Coal India by yr-end: All you need to know

The government's planned sale of stakes in Indian Oil and other state companies including Coal India is critical to relieving pressure on public finances that could put the country's investment-grade credit rating at risk. #WhyNow #coal india #IOC #stake sale #roadshows
Over breakfast and gym: How Verizon, Vodafone struck a $130 bn deal

Sep 03, 2013

Over breakfast and gym: How Verizon, Vodafone struck a $130 bn deal

It took a workout session in the gym followed by conversation over breakfast at San Francisco's Four Seasons hotel for Verizon Communications Inc's Lowell McAdam and Vodafone Group Plc's Vittorio Colao to bridge a $130 billion, 10-year-long gap between their companies and strike the third-biggest corporate deal ever. #DealStream #CorporateStrategy #Vittorio Colao #Verizon Communications #Vodafone Group #Lowell McAdam #Vodafone stake sale
Divestment plan: Govt defers decision on MMTC stake sale till July

May 14, 2013

Divestment plan: Govt defers decision on MMTC stake sale till July

The government has deferred a decision to sell its 9.33 per cent stake in MMTC till July as it is awaiting the state-run trading firm's audited earnings for the 2012-13 fiscal for deriving the true value of its equity. #ToWhatEffect #stake sale #MMTC #Divestment plan
DLF to raise up to Rs 1,888 cr via stake sale

May 13, 2013

DLF to raise up to Rs 1,888 cr via stake sale

Real estate major DLF will raise up to Rs 1,888 crore through sale of 8.1 crore equity shares to institutional investors on May 14. The company has fixed a price band of Rs 222-233 per share for its share offer. #CorporateStrategy #stake sale #fund raising #DLF Real Estate
IMG approves 10% stake sale in Coal India

May 09, 2013

IMG approves 10% stake sale in Coal India

An Inter-ministerial Group (IMG), has approved 10 percent equity sale in Coal India which is expected to fetch over Rs 17,000 crore to the government. #Business #WhyNow #coal india #Government #stake sale #IMG
Essar Ports promoters pledge almost 100% of their stake in co

May 09, 2013

Essar Ports promoters pledge almost 100% of their stake in co

Value of pledged shares of Indian companies declined marginally to Rs 1.40 lakh crore as of March 31 from Rs 1.43 lakh crore as of 31 December. #CorporateStrategy #Essar Ports #stake sale #Divestment
Deal with Qatar Foundation to help ease Bharti's debt burden

May 03, 2013

Deal with Qatar Foundation to help ease Bharti's debt burden

Bharti Airtel, India's top telecommunications carrier, said on Friday it would sell a 5 percent stake in the company to Qatar Foundation Endowment for $1.26 billion to strengthen the capital structure of the company. #Business #Bharti Airtel #CorporateStrategy #stake sale #companies #Qatar Endowment Fund