Latest News on Stake
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Stake - Total results - 24
Mar 01, 2019
Tata Motors denies reports of JLR unit stake sale; auto firm's shares rise 3.7% to Rs 184 during intra-dayTwo media reports said the company was considering options including a minority stake sale in the JLR unit or finding a venture partner that would jointly develop vehicles and lower costs.
Nov 23, 2018
Oil India to buy back 4.45% shares for Rs 1,085 crore; govt eyes minimum Rs 5,000 crore via PSUs’ stock repurchase offersThe government is targeting a minimum Rs 5,000 crore through share buyback offers of state-owned firms like Coal India and BHEL.
Jun 28, 2017
Air India disinvestment: Beyond excitement, lies the uphill task of accessing assets, keeping it lucrative for buyersBeyond the in-principle approval, what the government of India needs the most is to conduct a hard-nosed assessment of Air India’s assets versus liabilities, and a workable proposal which makes the airline attractive to any prospective buyer
Jun 26, 2017
Hindustan Petroleum Corporation joins talks to buy stake in Russian oil fieldsRosneft, Russia's national oil company that owns the fields, wants to retain a majority stake and is keen to sell only up to 49 percent stake.
Dec 26, 2016
FreeCharge dismisses reports on talks with PayPal for stake saleDismissing reports that global payments platform PayPal is set to buy a 25 percent stake in homegrown e-wallet FreeCharge, a company spokesperson has denied any such development.
Sep 05, 2016
Global Switch in talks with Asian consortium to sell stake in the businessData centre operator Global Switch, owned by Britain's billionaire Reuben brothers, said on Sunday its parent company was in talks with a consortium of Asian investors about a potential sale of a stake in the business.
Aug 18, 2016
Singtel to buy more stake worth $650 million in Bharti AirtelSingapore Telecommunications (Singtel) on Thursday said it is acquiring 7.39 per cent additional stake in the holding arm of India's largest telecom company Bharti Airtel for around $650 million.
Jun 30, 2016
Walmart to offer free shipping for 30 days, keeping Amazon in mindWalmart Stores Inc on Wednesday launched a free 30-day trial of ShippingPass, its two-day shipping programme for shoppers in the United States, as the world's largest retailer looks to take on Amazon.com Inc's Prime subscription service.
Jun 27, 2016
According to a report Chinese Alipay could take stake in German WirecardWirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported on Sunday.
Mar 17, 2016
Heineken eyes control of Vijay Mallya's United BreweriesHeineken is likely to ask Vijay Mallya, who owes creditor banks more than $1 billion, to step down from the board of United Breweries, India's largest brewer, three people with direct knowledge of the plan told Reuters.