Yes Bank Assures Investors Amid Stake Sale by Promoter
On Friday, Yes Bank Ltd assured investors that the bank’s financial position was stable, despite the stake sale by one of its promoter entity Morgan...
Tag : stake
CCI Permits L&t’s Proposal To Acquire Majority Stake In MindTree
The Competition Commission of India said that it had approved the diversified group Larsen & Toubro Ltd.’s proposed acquiring of up to a 66.15 percent...
After Several Conditions, Etihad invests in Jet Airways
Etihad Airways PSJC, which owns 24 percent stake in Jet Airways(India) Ltd, has set up conditions before it invests another amount in the cash-strapped airline....
Temasek purchases stake in Adani Ports
Temasek Holdings has acquired stake in Adani Ports and Special Economic Zone worth Rs.1,000 crore, through open market transactions. The promoter entity of Adani Ports, S...
PNB divests stake worth Rs.109 crore in Icra
Punjab National Bank (PNB) has divested 3.33% stake in rating agency Icra for nearly Rs.109 crore, through open market transactions. As per the block deal data available...
Gateway Distriparks to raise stake in Gateway Rail
Gateway Distriparks will be acquiring Blackstone’s stake in Gateway Rail. The company has entered into a share purchase agreement for acquiring the entire compulsorily convertible...
Bodal Chemicals to raise stake in Trion Chemicals
Bodal Chemicals has entered into shareholders agreement to raise its stake in Trion Chemicals. Trion Chemicals is an associate company of Bodal Chemicals, and company...
Info Edge acquires stake in Etechaces
The owner of Naukri.com, Info Edge has acquired 9% stake in Etechaces, which owns PolicyBazaar and PaisaBazzar, via special purpose vehicle. Diphda Internet Services, a newly...
ADNOC inks pact to buy stake in Ratnagiri refinery
Abu Dhabi National Oil Company (ADNOC) has inked an initial agreement to take up stake in the planned USD 44 billion refinery-cum-petrochemical project in Ratnagiri,...
Govt proposes to reduce stake in CPSEs to 49%
The government proposes to reduce its stake in central public sector enterprises (CPSEs) to 49%, in three years. This plan excludes state-run companies in sectors such as defence...