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  • Sukoon Healthcare sells majority stake to Lightrock for $15 million Nov 23, 2022 03:17 PM IST

    Sukoon Healthcare sells majority stake to Lightrock for $15 million

    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.

  • Indian government to sell 1.55% stake In Axis Bank Nov 09, 2022 09:25 PM IST

    Indian government to sell 1.55% stake In Axis Bank

    SUUTI will sell 46.5 million shares in Axis Bank representing 1.55% of its equity, it said.

  • Air Asia sells remaining stake in India operations to Air India Nov 02, 2022 04:12 PM IST

    Air Asia sells remaining stake in India operations to Air India

    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.

  • Government seeks waiver in key norm for IDBI Bank stake sale: Sources Oct 18, 2022 02:39 PM IST

    Government seeks waiver in key norm for IDBI Bank stake sale: Sources

    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.

  • Rel Cap lenders allow Aditya Birla Capital to bid for Reliance Nippon Life Oct 16, 2022 10:59 PM IST

    Rel Cap lenders allow Aditya Birla Capital to bid for Reliance Nippon Life

    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.

  • LIC sells over 2% stake in Power Grid for Rs 3,079 crore in 5 months Oct 12, 2022 09:09 PM IST

    LIC sells over 2% stake in Power Grid for Rs 3,079 crore in 5 months

    There is a decrease of 2.003 per cent in holding during the period from May 18, 2022 to October 11, 2022.

  • NSDL acquires 5.6% stake in ONDC Oct 12, 2022 03:55 PM IST

    NSDL acquires 5.6% stake in ONDC

    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 hikes stake in life insurance JV to 74% Sep 30, 2022 08:12 PM IST

    Aviva hikes stake in life insurance JV to 74%

    Aviva is the third foreign player to hike its stake in an Indian insurance JV.

  • Axis Bank to pick nearly 10% stake in Go Digit Life Insurance Sep 27, 2022 10:00 PM IST

    Axis Bank to pick nearly 10% stake in Go Digit Life Insurance

    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.

  • LIC buys over 2% stake in BPCL for nearly Rs 1,598 crore Sep 27, 2022 07:04 PM IST

    LIC buys over 2% stake in BPCL for nearly Rs 1,598 crore

    BPCL has a market capitalisation of Rs 67,301 crore, which is in the refining of crude oil and marketing of petroleum products.

  • Jubilant Food acquires 29.42% stake in Roadcast Tech Sep 26, 2022 08:51 PM IST

    Jubilant Food acquires 29.42% stake in Roadcast Tech

    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.

  • Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore Sep 22, 2022 10:37 PM IST

    Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore

    The stake has been picked by Bharti Airtel's promoter Bharti Telecom Ltd, as per block deal data with the National Stock Exchange (NSE).

  • Tata group in talks with Bisleri to acquire a stake in the packaged water company Sep 12, 2022 08:05 PM IST

    Tata group in talks with Bisleri to acquire a stake in the packaged water company

    It is in a very preliminary stage and would be premature to say a deal would fructify

  • Government to acquire Vodafone Idea stake after share firms up at Rs 10 Sep 08, 2022 03:56 PM IST

    Government to acquire Vodafone Idea stake after share firms up at Rs 10

    "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.

  • GMR Group to divest 30% stake in PT GEMS for $420 million Aug 31, 2022 06:56 PM IST

    GMR Group to divest 30% stake in PT GEMS for $420 million

    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.

  • Axis Bank stake in Max Life Insurance likely to rise to 20% in 6-9 months: Prashant Tripathy Aug 28, 2022 05:58 PM IST

    Axis Bank stake in Max Life Insurance likely to rise to 20% in 6-9 months: Prashant Tripathy

    "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.

  • Nabinagar, Kanti power projects merge with NTPC Aug 26, 2022 08:13 PM IST

    Nabinagar, Kanti power projects merge with NTPC

    In 2018, the two firms had become wholly-owned subsidiaries of NTPC

  • Shapoorji Pallonji to offload 1.25% stake in Sterling and Wilson Renewable Energy Aug 11, 2022 08:26 PM IST

    Shapoorji Pallonji to offload 1.25% stake in Sterling and Wilson Renewable Energy

    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.

  • CCI approves BC Asia Investments' stake acquisition in IIFL Wealth Management Jun 14, 2022 09:00 PM IST

    CCI approves BC Asia Investments' stake acquisition in IIFL Wealth Management

    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 ups stake in Hero MotoCorp, HUL, Capri Global Jun 14, 2022 08:52 PM IST

    LIC ups stake in Hero MotoCorp, HUL, Capri Global

    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.

  • Into the red, yet 11 companies thrash out dividend plans for this fiscal May 30, 2022 02:33 PM IST

    Into the red, yet 11 companies thrash out dividend plans for this fiscal

    The payouts, subject to shareholder approval, in the bulk of the cases benefit the companies’ promoters the most.

  • ONGC offers stake in KG block to foreign firms May 26, 2022 08:43 PM IST

    ONGC offers stake in KG block to foreign firms

    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.

  • RIL ups stake in Sterling and Wilson Renewable Energy via off-market share purchase Feb 10, 2022 11:55 AM IST

    RIL ups stake in Sterling and Wilson Renewable Energy via off-market share purchase

    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

  • RIL invests Rs 50.16 crore in Bengaluru-based EV tech company Altigreen Feb 10, 2022 10:12 AM IST

    RIL invests Rs 50.16 crore in Bengaluru-based EV tech company Altigreen

    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.

  • 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