Showing of 0 - 10 from 129 results
Stake sale - Total results - 129
Jun 22, 2017
Tata Power offers to sell 51% stake in loss-making Mundra mega project for just Re 1It has outstanding loan of Rs 10,159 crore and lenders have stopped further disbursal due to non-viability of the project
Jun 22, 2017
Govt sells 2.5% Larsen & Toubro stake, pockets Rs 4,200 croreWith this transaction, the government has garnered nearly Rs 6,400 crore from disinvestment so far in the current fiscal. The Budget had estimated to collect Rs 72,500 crore through minority sale and strategic stake sale of CPSEs.
Jun 09, 2017
Infosys denies report of Narayana Murthy, other co-founders selling stakes; terms it speculativeThe report published by an English daily said the promoters wanted to sell their entire stake as they were unhappy over the manner in which the company was being run since their exit three years ago.
Jun 06, 2017
Wipro Chief Azim Premji denies media report on sale of stakePremji said he continued to be "incredibly excited" about the potential of the IT industry and Wipro
Jun 02, 2017
GVK to exit Bengaluru airport project, to sell residual stake to Fairfax India for Rs 1,290 crSale proceeds from the stake sale will be used for reducing the debt component of GVK Group
May 26, 2017
Goldman, Citigroup among 5 bankers selected for IOC's Rs 6,000 cr stake saleThe government had last sold 10 percent stake in IOC at Rs 387 per share in August 2015 and raised Rs 9,369 crore.
Apr 17, 2017
To keep fiscal deficit under check, govt plans to raise $5.4 bn via stake sale in seven state-run firmsThe part sale of government stakes in state-run and private firms is critical to meet the fiscal deficit target of 3.2 percent of gross domestic product in the year to March 2018
Mar 07, 2017
Reliance Cap sells Paytm stake for Rs 275 crore to China's Alibaba GroupThe deal gives a valuation of over $4 billion to Paytm, which is already backed by Alibaba group as a strategic investor.
Dec 10, 2016
SBI offloads nearly 4% stake in life arm to Temasek and KKR for Rs 1,794 crBoth the partners will pick up equal stake in the third largest private life insurer, after HDFC Life (post merger with Max Life) and ICICI Prudential Life
Nov 04, 2016
Govt sells 1.63% in L&T held through SUUTI, raises Rs 2,100 croreThe government today raised Rs 2,100 crore through sale of 1.63 percent stake in Larsen & Toubro (L&T) held through Specified Undertaking of the Unit Trust of India (SUUTI).