Stake

Motherson Sumi subsidiary acquires majority stake in Turkey's Plast Met Group

Motherson Sumi subsidiary acquires majority stake in Turkey's Plast Met Group

Samvardhana Motherson Automotive Systems Group BV (SMRPBV) on Monday announced the acquisition of a majority stake in two Turkey-based m...Read More

Vedanta Resources launches open offer to acquire 10 pc stake in Indian unit

Vedanta Resources launches open offer to acquire 10 pc stake in Indian unit

The parent has offered to buy up to 37.17 crore shares from public shareholders of Vedanta at Rs 160 apiece, according to an exchange fil...Read More

Adani Power terminates pact to buy 49% stake in Odisha Power Generation Corporation

Adani Power terminates pact to buy 49% stake in Odisha Power Generation Corporation

Adani Power on Thursday said the agreement to acquire 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the affiliate...Read More

'Amazon seeking to exercise control over Future Retail without owning a stake'

'Amazon seeking to exercise control over Future Retail without owning a stake'

World's largest e-commerce company Amazon is seeking to derail India's biggest retail acquisition using an agreement that gave it an indi...Read More

RBL Bank net doubles to Rs 144 crore, gets RBI nod to let Maple take 9.9% stake

RBL Bank net doubles to Rs 144 crore, gets RBI nod to let Maple take 9.9% stake

Private sector lender RBL Bank on Wednesday reported a 165 per cent jump in its September quarter net to Rs 144 crore on a lower base and...Read More

Bharti Airtel picks up 10 per cent stake in Waybeo

Bharti Airtel picks up 10 per cent stake in Waybeo

The Waybeo Technology Solutions hit a milestone on Wednesday when telecom giant Bharti Airtel announced picking up 10 per cent stake in t...Read More

Tech Mahindra sells stake in Altiostar to Rakuten for USD 45 million

Tech Mahindra sells stake in Altiostar to Rakuten for USD 45 million

IT services major Tech Mahindra on Wednesday said its subsidiary has divested its stake in Altiostar Networks for USD 45 million (about R...Read More

Silver Lake to invest Rs 7,500 crore in Reliance Retail for 1.75% stake

Silver Lake to invest Rs 7,500 crore in Reliance Retail for 1.75% stake

Reliance Industries announced that Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Rel...Read More

SEBI allows promoters to increase stake by up to 10%

SEBI allows promoters to increase stake by up to 10%

The move will give a boost to promoters wanting to increase their stake and enhance investor confidence as the promoter buying more share...Read More

Bharti Airtel arm buys additional 6.3% stake in Robi Axiata

Bharti Airtel arm buys additional 6.3% stake in Robi Axiata

Bharti Airtel on Tuesday said its subsidiary has acquired an additional 6.3 per cent stake in Bangladesh's telecom operator Robi Axiata f...Read More

RBI directs HDFC to reduce stake in HDFC Ergo, HDFC Life to 50% or below

RBI directs HDFC to reduce stake in HDFC Ergo, HDFC Life to 50% or below

The RBI has directed that post merger of HDFC Ergo Health Insurance Company Limited (formerly Apollo Munich Health Insurance Company) wit...Read More

SBI steps in as 'Saving Bank of India' for ailing financial institute, pick up 49% stake in Yes Bank

SBI steps in as 'Saving Bank of India' for ailing financial institute, pick up 49% stake in Yes Bank

Earlier in the day, SBI Chairman Rajnish Kumar met the finance minister. A former SBI CFO has already been appointed administrator of the...Read More

FPJ Edit: At last, hope for Air India sell-off

FPJ Edit: At last, hope for Air India sell-off

As the end of the financial year nears, and the Government is nowhere near mopping up even a small fraction of the Rs 1.05 lakhs it had b...Read More

Government to sell 100% stake in Air India

Government to sell 100% stake in Air India

The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts

Sony Corp in talks to buy Network 18 stake

Sony Corp in talks to buy Network 18 stake

According to a Bloomberg report, the Japanese major is in talks to acquire a stake in the Indian television network controlled by Mukesh ...Read More

Government mulls cutting stake in IOCL to below 51%

Government mulls cutting stake in IOCL to below 51%

According to a Bloomberg report, the cabinet will consider, as early as next week, a proposal to sell shares in some companies

Amazon in talks to buy 8-10% stake in Future Retail

Amazon in talks to buy 8-10% stake in Future Retail

The deal with the Kishore Biyani-led company is expected to close in the next few weeks, sources close to the development said.

ONGC bought GSPC stake for half the  asking price: Ex-chief D K Sarraf

ONGC bought GSPC stake for half the asking price: Ex-chief D K Sarraf

New Delhi: State-owned ONGC bought Gujarat State Petroleum Corp’s (GSPC) stake in a KG basin gas block for $1.2 billion (about Rs 8,000 c...Read More

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Govt to sell 10% stake in Engineers India on Friday

Mumbai : The government will sell 10 per cent of its stake in Engineers India Ltd (EIL) on Friday, which is likely to fetch over Rs 690 c...Read More

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KKR sells 15% stake in Dalmia Bharat Cement for over 1,218 cr

New Delhi : Dalmia Bharat said it has inked a pact with KKR to acquire the global private equity giant’s 15% stake in its subsidiary Dalm...Read More

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