Stake

Swiggy invested in Rapido in 2022 and holds a stake of around 12 percent in the company which translates to around $120 million (about Rs 1,020 crore) at the current valuation of slightly over $1 billion (around Rs 8,500 crore).

Bharti Airtel to ramp up stake in Airtel African Plc by up to 5%

Airtel Africa Mauritius Limited, which is a step-down subsidiary of Bharti Airtel, presently holds 57.29 per cent of Airtel Africa plc.

Canadian billionaire Prem Watsa’s Fairfax India to acquire additional 10% stake in Bengaluru airport

Fairfax's stake in Bangalore International Airport Ltd will increase to 74 percent. The deal is expected to be completed by the first quarter of 2025

Founder Varun Alagh buys shares in Mamaearth parent firm Honasa Consumer; increase stake to 31.93%

Together, the husband and wife duo own 35 percent of Honasa Consumer, a rare sight in India’s startup ecosystem where founders typically hold lower stakes in order to raise funds.

Ashish Chowdhry, actor and founder of Disrptve Ventures, acquires stake in Swiggy’s Pre-IPO

The food and grocery delivery company Swiggy, one of India’s most successful startups, has become a popular choice for such investments. Actor Ashish Chowdhry is the latest celebrity to join the list of high-profile individuals backing Swiggy in its pre-IPO round. Chowdhry, who is also the founder of Disrptve Ventures, has acquired a small stake in Swiggy’s Pre-IPO bond, further highlighting the company’s appeal to investors across various sectors.

Vedanta subsidiary to sell stake worth over Rs 4,300 crore amid plans to trim debt

Post repayments made from the transaction, VRL would have reduced its debt by upwards of $650 million since the beginning of FY 2025, according to the statement.

Grasim promoter Birla Group Holdings increases stake by 4.08%

Despite this increase in BGHPL's shareholding, Grasim clarified that there is no change in the overall shareholding of the promoter and promoter Group of the company

L&T, CPP investments, sell entire stake in L&T IDPL to Edelweiss Alternatives-backed platform

Epic Concesiones Pvt Ltd buys out entire stake in L&T Infrastructure Development Projects Limited at an enterprise value of Rs 6,000 crore

Glencore beats JSW Steel to buy 77% of Canadian co Teck's coal business for $6.9 billion

Last month, the Sajjan Jindal-led steel giant confirmed it that has not changed its plans for a potential stake buy in Teck's unit. According to reports, JSW was planning to pick 20 per cent to 40 per cent- stake in EVR.

A look at what top mutual funds bought and sold this Sept

AMFI data indicates that Systematic Investment Plans (SIPs) recorded an all-time high inflow of Rs 16,402 crore in September, surpassing the previous record of Rs 15,814 crore registered in the prior month.

Cipla founding family’s stake sale in jeopardy over $13 billion valuation target

Negotiations between the family members and prospective buyers, including companies in the industry and private equity firms, are no longer moving forward, as the founders are demanding about 1,350 rupees per share, the people said. The price represents a premium of about 10% over Wednesday’s close, according to Bloomberg calculations.

Blackstone along with LPs submits non-binding bid to acquire control in Cipla

The private equity behemoth has a war chest of $11 billion to target companies for deals in Asia and in January 2022, closed a second Asian-focused private equity fund

QIA Unit buys $474 million stake in Adani’s green arm

Infinite Trade and Investment Ltd., a founder group company of Adani Green, sold 44.9 million shares Monday, BSE data showed.

Amara Raja shares rebound after marquee funds pick up 7% stake

This gains significance as Clarios ARBL Holdings sold its entire stake in the battery maker through bulk deals on July 18. It offloaded 2.4 crore shares or about 14 percent stake in the company.

Proximus Group to acquire up to 84% stake in Route Mobile, buys 58% for Rs 5,922 crores

Proximus Opal, a subsidiary of the Proximus Group, will initially acquire a 57.56 per cent stake in Route Mobile for Rs 5,922.4 crore in an all-cash deal, the enterprise messaging firm said in a regulatory filing.

Adani mops up $1.4 billion from stake sale in 3 companies, raises $9 billion in 4 years

In a statement, the ports-to-energy conglomerate said it ”is committed to raising capital to fulfill its 10-year roadmap of the transformative capital management program, which was formulated in 2016 to execute the plans for various portfolio companies.”

NMDC falls after LIC sells 2% stake for the second time

This is the second time LIC has divested a 2 percent stake in the state-run company. LIC had previously disclosed in March that it had lowered its stake in NMDC by 2 percent to 11.69 percent.

BSE sells 4.5% stake in CDSL for Rs 468 crore

According to the bulk deal data available with the National Stock Exchange (NSE), BSE offloaded 47,44,000 shares, amounting to a 4.5 per cent stake in CDSL.

CMS Info Systems promoter offloads nearly 14% stake for Rs 638 crore

Shares of CMS Info Systems plunged 6.02 per cent to close at Rs 307 per piece on the NSE.

Brookfield weighing stake sale in Indian tower business, sources say

The Canadian investment firm is working with an adviser to sell a stake of more than 10% in the infrastructure investment trust that holds Summit DigiTel

Go First proposes insolvency professional Abhilash Lal's name in bankruptcy plea

Incidentally, back in 2015, Jet Airways had appointed Alvarez & Marsal to revive the operations of the firm post the sale of a 24 per cent stake to Etihad Airways.

HDFC-HDFC Bank merger: Why RBI clarification comes as a relief for the banking giant

More time to comply with PSL requirements takes away the immediate burden from the bank. Similarly, clarity on holdings in investments and subsidiaries will clear air for investors.

Invesco exits ZEEL; sells entire stake for Rs 1,004 crore

Segantii India Mauritius, Morgan Stanley Asia Singapore Pte and Goldman Sachs Singapore Pte ODI were among the buyers of the shares.

Credit Suisse hits new low as top shareholder rules out additional stake

“The answer is absolutely not, for many reasons outside the simplest reason, which is regulatory and statutory,” Saudi National Bank Chairman Ammar Al Khudairy said in an interview with Bloomberg TV on Wednesday.

Vi board clears debt conversion to equity. Govt to now hold 33.44% stake

The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing.