Stake

LIC increases stake in IRB Infrastructure Developers to 7.06%

LIC increases stake in IRB Infrastructure Developers to 7.06%

State-run insurer Life Insurance Corporation (LIC) has raised its stake in the company that operates Mumbai-Pune Expressway. LIC now has ...Read More

LIC increases stake in Ambuja Cement

LIC increases stake in Ambuja Cement

State-run Life Insurance Corporation (LIC) has increased stake in Ambuja Cement. The insurer increased its stake from 4.99 per cent to 5....Read More

Jio Content Distribution, other promoter companies to offload 19% stake in Hathway Cable and Datacom

Jio Content Distribution, other promoter companies to offload 19% stake in Hathway Cable and Datacom

The promoter entities of Hathway Cable and Datacom Ltd plan to offload about 19 per cent stake in the company, entailing 33.79 crore shar...Read More

Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 crore

Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 crore

Adani Ports and Special Economic Zone on Tuesday said it will acquire controlling interest in Gangavaram Port Ltd (GPL) from DVS Raju and...Read More

Airtel to acquire 3.33% additional stake in Avaada MHBuldhana

Airtel to acquire 3.33% additional stake in Avaada MHBuldhana

Bharti Airtel said it will acquire an additional 3.3 per cent stake in special purpose vehicle Avaada MHBuldhana that has been formed for...Read More

CA Rover Holdings sells 4.25% stake in SBI Cards for Rs 3,943 crore

CA Rover Holdings sells 4.25% stake in SBI Cards for Rs 3,943 crore

CA Rover Holdings on Wednesday divested 4.25 per cent stake in SBI Cards and Payment Services Ltd for Rs 3,943 crore through an open mark...Read More

Government to sell up to 16% stake in Tata Communications via OFS, fixes floor price at Rs 1,161

Government to sell up to 16% stake in Tata Communications via OFS, fixes floor price at Rs 1,161

The government on Monday said it will sell up to 16.12 per cent stake in Tata Communications Ltd (TCL) through an Offer for Sale startin...Read More

CCI approves stake purchase by Panatone Finvest in Tata Communications

CCI approves stake purchase by Panatone Finvest in Tata Communications

The Competition Commission of India (CCI) on Monday said it has approved acquisition of shares of Tata Communications Ltd (TCL) by Panato...Read More

Airtel to acquire 20% stake in Bharti Telemedia from Warburg Pincus

Airtel to acquire 20% stake in Bharti Telemedia from Warburg Pincus

Bharti Airtel on Wednesday said that it will acquire Warburg Pincus affiliate's 20 per cent equity stake in its DTH arm Bharti Telemedia....Read More

Sodexo BRS India picks stake in National Payment Corporation of India

Sodexo BRS India picks stake in National Payment Corporation of India

Sodexo BRS India acquired a minority stake in the National Payment Corporation of India (NPCI), stated the company in its statement, with...Read More

PE firm Advent to buy controlling stake in ZCL Chemicals at enterprise value of Rs 1,700 crore

PE firm Advent to buy controlling stake in ZCL Chemicals at enterprise value of Rs 1,700 crore

Private equity fund Advent International will acquire a controlling stake in pharmaceutical company ZCL Chemicals for an enterprise value...Read More

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

Free Press Journal

www.freepressjournal.in