The Gurugram-based hospital in a statement on Wednesday claimed that the investment is the largest in the domestic mental health space so far and will help it create a large therapeutic behavioural health platform.
SUUTI will sell 46.5 million shares in Axis Bank representing 1.55% of its equity, it said.
Air India has signed agreements to complete the acquisition of 100 percent shareholding in Air Asia India (AAI) and to subsidiarize it under Air India.
Earlier this month, India invited bids for a 60.72% stake in IDBI Bank which is 45.48% owned by the government and 49.24% by state-owned Life Insurance Corp (LIC) after dragging its feet for years.
Reliance Nippon Life Insurance was the only subsidiary of Reliance Capital that had not received any bid when the deadline for submission of non-binding bids had ended on August 29.
There is a decrease of 2.003 per cent in holding during the period from May 18, 2022 to October 11, 2022.
National Securities Depository Limited (NSDL) invested an amount of Rs 10 crore in ONDC under the private placement route, the depository said in a statement.
Aviva is the third foreign player to hike its stake in an Indian insurance JV.
Axis Bank has entered into an indicative and non-binding term sheet with Go Digit Life Insurance for a proposed investment of up to Rs 70 crore in two tranches by picking up equity in the insurer.
BPCL has a market capitalisation of Rs 67,301 crore, which is in the refining of crude oil and marketing of petroleum products.
The acquisition of the remaining 10.58 percent stake (on a fully diluted basis) is likely to be completed in another month’s time, by October 26, 2022.
The stake has been picked by Bharti Airtel's promoter Bharti Telecom Ltd, as per block deal data with the National Stock Exchange (NSE).
It is in a very preliminary stage and would be premature to say a deal would fructify
"There is a SEBI norm that the acquisition should take place at par value. DoT will clear the acquisition after VIL shares stabilise at Rs 10 or above," an official source told PTI.
The divestment will give thrust to GMR's non-airport business through reduction of leverage and give a platform for the growth of its clean energy initiatives.
"The bank currently holds about 13 per cent and we are hopeful that over the next 2-3 quarters they would be able to take it to 20 per cent," Tripathy said.
In 2018, the two firms had become wholly-owned subsidiaries of NTPC
The Offer For Sale (OFS) shall take place on a separate window of the stock exchanges on August 12 from 9:15 am to 3:30 pm for non-retail investors.
The proposed combination involves the acquisition of up to 24.98 per cent shareholding of IIFLWM by BC Asia Investments X Limited, a notice issued by the anti-trust regulator said.
LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and non-banking finance company Capri Global Capital through open market purchases over the last few months, the life insurer said on Tuesday.
The payouts, subject to shareholder approval, in the bulk of the cases benefit the companies’ promoters the most.
ONGC holds 100 per cent interest in KG-DWN-98/2 or KG-D5 block in the Krishna Godavari basin. The block sits next to Reliance Industries' KG-D6 area. The block, ONGC said, has three sets of discoveries – Cluster-I in the northern part, Cluster-II, and Cluster-III in the southern part.
The acquisition of the stake is in line with RIL's announcement in October 2021 to acquire a 40% stake in the leading solar engineering, procurement and construction solutions provider
RNEL will buy compulsorily convertible preference shares of the Bengaluru-based company, which Altigreen is an electric vehicle technology and solutions company for commercial last mile transportation through 2-,3-, 4-wheeled vehicles.
The stake was acquired last week in Ratan Tata's personal capacity