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  • Ratan Tata acquires stake in Pritish Nandy Communications Mar 15, 2021 01:43 PM IST

    Ratan Tata acquires stake in Pritish Nandy Communications

    The stake was acquired last week in Ratan Tata's personal capacity

  • Tribeca acquires 51% stake in under-construction project in Pune Feb 04, 2021 08:32 PM IST

    Tribeca acquires 51% stake in under-construction project in Pune

    The project Voyage to the Stars was launched by Acropolis Developers in 2015, and ran into financial difficulties in 2019

  • What explains Tata Sons’ vote of confidence in Tata Chemicals? Dec 09, 2020 08:50 AM IST

    What explains Tata Sons’ vote of confidence in Tata Chemicals?

    Tata Sons has been raising stake in Tata Chemicals for a year now, which is witness to early results of a capacity addition-led business expansion plan

  • Bharti Infratel to proceed with Indus Tower merger, Vodafone to get Rs 4,000 crore for 11.15% holding Sep 01, 2020 08:29 AM IST

    Bharti Infratel to proceed with Indus Tower merger, Vodafone to get Rs 4,000 crore for 11.15% holding

    This is a basis cash consideration chosen by Vodafone Idea for its 11.15 percent shareholding in Indus, the company said

  • Embassy proposes to merge 11 projects with Indiabulls Real Estate, take control of merged entity Jul 16, 2020 11:03 AM IST

    Embassy proposes to merge 11 projects with Indiabulls Real Estate, take control of merged entity

    IBREL said a panel will be constituted to value the projects proposed to be merged and arrive at a swap ratio

  • Ratan Tata picks up stake in pharmacy chain Generic Aadhaar  May 07, 2020 02:56 PM IST

    Ratan Tata picks up stake in pharmacy chain Generic Aadhaar 

    Founded by 18-year-old Arjun Deshpande, the company follows an aggregation model and sells drugs to small pharma retailers at a cheaper rate.

  • Kotak Mahindra Bank gets RBI nod for trimming promoters' stake Feb 19, 2020 02:40 PM IST

    Kotak Mahindra Bank gets RBI nod for trimming promoters' stake

    On January 30, the bank had informed about RBI's in-principle acceptance for reducing promoters' shareholding to 26 percent of the paid-up voting equity share capital (PUVESC) of the bank within six months from the date of final approval of the regulator.

  • Standard Chartered Bank offloads entire stake in Orissa Sponge Iron Jan 16, 2020 11:40 AM IST

    Standard Chartered Bank offloads entire stake in Orissa Sponge Iron

    Orissa Sponge Iron and Steel intimated stock exchanges that the sale which happened through off-market transactions took place on Wednesday.

  • Shapoorji Pallonji Group sells TCS stake, raises Rs 400cr under asset monetisation plan: Report  Dec 05, 2019 03:28 PM IST

    Shapoorji Pallonji Group sells TCS stake, raises Rs 400cr under asset monetisation plan: Report 

    The group will use the capital raised to strengthen its balance sheet

  • Fortis Healthcare shareholders approve stake sale of Mauritius hospitals Jul 08, 2019 05:55 PM IST

    Fortis Healthcare shareholders approve stake sale of Mauritius hospitals

    Fortis has 28.89 percent stake in MSCL, while Mauritius-based CIEL Healthcare holds 58.60, and the remaining is held by other shareholders

  • Indiabulls Real Estate stake sale to Blackstone-Embassy JV likely to be concluded by July end Jun 07, 2019 03:01 PM IST

    Indiabulls Real Estate stake sale to Blackstone-Embassy JV likely to be concluded by July end

    The stake sale was undertaken by Indiabulls to focus fully on its financial services as it seeks to merge with Lakshmi Vilas Bank.

  • Comment | Naresh Goyal plays his last card for Jet Apr 16, 2019 09:08 AM IST

    Comment | Naresh Goyal plays his last card for Jet

    With few options left Naresh Goyal has taken a desperate but smart step in trying to get a foothold in his company

  • SBI plans to come up with SBI Life IPO by first half of FY18: MD Dinesh Khara May 12, 2017 09:26 AM IST

    SBI plans to come up with SBI Life IPO by first half of FY18: MD Dinesh Khara

    Dinesh Kumar Khara, MD of SBI spells out the plans for SBI Life IPO.

  • Mahindra Lifespace hikes stake in JV firm Mar 30, 2017 10:37 PM IST

    Mahindra Lifespace hikes stake in JV firm

    Realty firm Mahindra Lifespace Developers Ltd has increased stake in its joint venture firm Mahindra Homes Pvt Ltd to nearly 75 percent from 50 percent.

  • Canara Bank sells 13.45% stake in Can Fin Homes Mar 10, 2017 02:40 PM IST

    Canara Bank sells 13.45% stake in Can Fin Homes

    The divestment is seen as a part of the monetization process of non-core assets of Canara Bank, the company said in a statement to the exchanges.

  • Amansa sells 2.56% stake in Cholamandalam for Rs 388 crore Feb 27, 2017 09:24 PM IST

    Amansa sells 2.56% stake in Cholamandalam for Rs 388 crore

    Foreign fund Amansa Holdings today offloaded its entire 2.56 per cent stake in Cholamandalam Investment and Finance Company for a little over Rs 388 crore through an open market transaction.

  • Providence looks to exit Idea Cellular via block deal: Srcs Feb 13, 2017 01:37 PM IST

    Providence looks to exit Idea Cellular via block deal: Srcs

    As Idea Cellular gears up for a mega merger with Vodafone, private equity firm Providence, which has investments in the telco, is looking at an exit, say sources.

  • IDFC Bank buys 5% stake in IIFL Holdings for Rs 502 cr Feb 06, 2017 07:56 PM IST

    IDFC Bank buys 5% stake in IIFL Holdings for Rs 502 cr

    Private lender IDFC Bank today picked up a 5 percent stake in financial services major IIFL Holdings for over Rs 502 crore through an open market transaction.

  • IFCI to exit non-core biz by selling entire 45.5% in Hardicon Jan 25, 2017 07:40 PM IST

    IFCI to exit non-core biz by selling entire 45.5% in Hardicon

    Infrastructure term lender IFCI today said its board has approved divesting the entire 45.5 percent stake in associate firm Hardicon as per its plan to exit from non-core business activities.

  • MOIL stake sale at Rs 365/share today; govt to get Rs 480 cr Jan 23, 2017 08:24 PM IST

    MOIL stake sale at Rs 365/share today; govt to get Rs 480 cr

    Government will sell 10 percent stake in state-owned manganese miner MOIL tomorrow at a floor price of Rs 365 a share, which will fetch around Rs 480 crore to the exchequer.

  • JSW Steel, Blackstone in talks to buy stake in Monnet Ispat Jan 19, 2017 09:38 AM IST

    JSW Steel, Blackstone in talks to buy stake in Monnet Ispat

    Lenders of Monnet Ispat are again in the process of selling majority stake and this time Sajjan Jindal's JSW Steel, Sudhir Maheshwari-led Synergy Capital and global private equity fund Blackstone are in the race for equity in the company, reports Business Standard. The lenders currently hold 53 percent stake in Monnet Ispat.

  • Diageo mulls raising stake in USL by 8% before March: Sources Jan 18, 2017 12:55 PM IST

    Diageo mulls raising stake in USL by 8% before March: Sources

    Diageo is looking to increase stake in United Spirits to 63 percent from 55 percent and might consider an open offer before March 2017, reports CNBC-TV18.

  • TPG in talks to buy 20% stake in Fortis Healthcare: Sources Jan 11, 2017 08:44 AM IST

    TPG in talks to buy 20% stake in Fortis Healthcare: Sources

    Global private firm TPG is likely to buy stake in Fortis Healthcare. The stock was up 16 percent in the morning trade, say sources. The quantum of stake to be acquired may be around 20 percent in Gurgaon-based healthcare company for Rs 2,000 to Rs 2,300 crore.

  • Max Ventures to sell 22.5% to New York Life arm for Rs 121 cr Jan 09, 2017 09:42 PM IST

    Max Ventures to sell 22.5% to New York Life arm for Rs 121 cr

    Max Ventures and Industries (MaxVIL) part of Analjit Singh-led Max Group today announced a Rs 147.9 crore fund raising plan, which includes sale of 22.51 percent stake to a subsidiary of New York Life Insurance Company for Rs 121 crore.

  • Govt clears 26% strategic sale in BEML Jan 06, 2017 05:50 PM IST

    Govt clears 26% strategic sale in BEML

    Government will sell 26 percent stake in defence equipment manufacturer BEML, making it the first major PSU to be sold through strategic disinvestment, which may fetch the exchequer over Rs 1,000 crore.

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