Recent Highlights
All Stories for Stake
Air India disinvestment: Beyond excitement, lies the uphill task of accessing assets, keeping it lucrative for buyers
Sindhub • 8 years agoBeyond 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
Hindustan Petroleum Corporation joins talks to buy stake in Russian oil fields
• 8 years agoRosneft, 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.
FreeCharge dismisses reports on talks with PayPal for stake sale
Fp Archives • 8 years agoDismissing 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.
Global Switch in talks with Asian consortium to sell stake in the business
Fp Archives • 9 years agoData 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.
Singtel to buy more stake worth $650 million in Bharti Airtel
Fp Archives • 9 years agoSingapore 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.
Walmart to offer free shipping for 30 days, keeping Amazon in mind
Fp Archives • 9 years agoWalmart 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.
According to a report Chinese Alipay could take stake in German Wirecard
Fp Archives • 9 years agoWirecard 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.
Heineken eyes control of Vijay Mallya's United Breweries
Fp Archives • 9 years agoHeineken 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.
China's e-commerce giant Alibaba may buy stake in Flipkart: Report
Tech2 News Staff • 9 years agoChina's Alibaba Group is looking to increase its footprint in India and is possibly exploring buying a stake in India's largest Internet firm Flipkart Ltd, sources have revealed in a report
Rupert Murdoch's News Corp denies rumors of Twitter bid
Fp Archives • 9 years agoRupert Murdoch's News Corp said rumors about the company's interest in buying microblogging site Twitter Inc or building a stake in it were untrue.