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Stake sale - Total results - 122
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).
Oct 14, 2016
RCom to sell 51% tower biz stake to Brookfield for Rs 11,000 croreReliance Communications Ltd (RCom) today announced the sale of 51 percent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.
Sep 29, 2016
Govt to sell 7% stake in Hindustan Copper; aims to raise about Rs 400 crThe sale is part of governments disinvestment plan, wherein it aims to raise Rs 56,500 crore in 2016-17
May 19, 2016
Tata Comm to divest majority stake in data centre biz to ST Telemedia for $630 mnTata Communications, which provides telecom and data services infrastructure through its network of undersea and terrestrial cables, has been looking to sell non-core assets to cut debt
Apr 22, 2016
NMDC stake sale: Govt invites bids from merchant bankers for Rs 3,900 cr OFSGovernment currently holds 80 per cent stake in the PSU, which has a paid up capital of Rs 396.47 crore
Apr 20, 2016
Airtel to sell 5% stake in Infratel for up to Rs 4,000 croreCountry's top operator Bharti Airtel is looking to sell 5 per cent stake in its tower unit Infratel through an open market trade deal to raise about Rs 3,500 crore to Rs 4,000 crore.
Apr 01, 2016
Jaiprakash Associates surges nearly 18% on Ultra Tech dealShares of Jaiprakash Associates zoomed nearly 18 per cent today after debt-ridden Jaypee Group announced part sale of its cement business to Kumarmangalam Birla-led Ultra Tech for Rs 15,900 crore.