The government has raised Rs 11,500 crore through strategic sale of two state-run power companies, THDC and NEEPCO, to NTPC
The promoter family of Apollo Hospitals on Thursday said it has divested 3.6 percent stake in Apollo Hospitals Enterprise Limited (AHEL) through a bulk deal in order to bring down the overall debt
Shares of Religare Enterprises on Thursday surged nearly 10 percent to hit the upper circuit limit a day after the company announced divestment of stake in its subsidiary to TCG Advisory Services
Bharti, Vodafone plan to reduce stakes in mobile tower joint venture; Airtel to raise Rs 22,400 cr via share sale
Post the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.
Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline
Former Jet Airways chairman Naresh Goyal is likely to submit initial bids for a stake in the airline on Thursday, sources said
Jet Airways shares trade marginally lower in morning session as lenders prepare to invite bids for stake sale in ailing airline
Recouping early losses, shares of Jet Airways were trading marginally lower Friday morning as lenders prepare to invite bids for stake sale in the ailing airline
J&K Bank holds 5 percent stake in the insurance venture.
Reliance Capital claims stake sale to halve debt by around Rs 12,000 cr over next three to four months
Reliance Capital on Thursday claimed that it is hopeful of pairing its debt by around Rs 12,000 crore over the next three to four months, by when it expects to complete the stake sale in Reliance Nippon Life Asset Management and Reliance General Insurance
The Emami Group on Monday said its promoters have sold 10 percent stake in the flagship firm Emami Ltd for around Rs 1,600 crore
The permissible limit for insurance companies to hold a stake in any listed entity is 15 percent at present.
In August, the Union Cabinet had approved LIC's proposed acquisition of up to 51 percent stake in debt-ridden IDBI Bank.
L&T proposed to sell up to 59 lakh equity shares representing 3.41 percent of the total paid up equity share capital of Larsen & Toubro Infotech, with an over subscription of 46.28 lakh equity shares representing 2.67 percent though stock market route on Monday and Tuesday
Founded in 1995, eBay forayed into the Indian market in 2004.
Oil and Natural Gas Corp (ONGC) wants its interest to be clubbed with the 51 percent government stake that is already on offer for sale, they said.
Opposing the probable majority stake sale by the government in IDBI Bank to LIC, bank union AIBEA has asked the Centre not to go back on its commitment on the debt-laden bank, and retain at least 51 percent stake
Bhushan Steel reclassifies its erstwhile promoters as public shareholders after takeover by Tata Steel
Bamnipal Steel Limited, a wholly-owned arm of Tata Steel Ltd, is the sole promoter of Bhushan Steel, holding 72.65 percent of the paid-up share capital of the company, the steel maker said in a filing to BSE.
DMart owner Avenue Supermarts' shares drop after promoter Radhakishan Damani decides to sell up to 1% stake
Shares of Avenue Supermarts plunged over 5 percent on Friday as Radhakishan Damani, the promoter of the company, will sell up to 1 percent stake in the firm.
Tata Power on Monday said that its board has approved the sale of company's stake in Tata Communications and Panatone Finvest to Tata Sons and its affiliates, subject to shareholders approval
Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19
The government reduced stake in several PSUs this fiscal, including EIL, NTPC, NALCO and OIL.
A ministerial group, Air India-specific Alternative Mechanism, headed by Finance Minister Arun Jaitley is looking into the modalities to divest loss-making airline