Search For "divest"
Elegar Kerpen, Formerly LEONI India, to Grow 3 Fold after Acquisition by R
Updated : 2 years, 6 months ago IST
Pune (Maharashtra) [India], October 31: Pune based Elegar Kerpen, estimates 3 fold growth rate after its parent company Ravicab Cables Private Limited acquired LEONI Cable Solutions India Private Limited, with a hundred percent equity stake. Following divestiture by LEONI AG Group in 2022, L
Read More
HUDCO shares slump over 10pc as Centre goes for 7pc stake sale
Updated : 2 years, 7 months ago IST
Shares of Housing and Urban Development Corporation (HUDCO) declined over 10 per cent on WEdnesday as the central government planned to divest up to 7 per cent of stake sale in the state-owned housing finance firm through the offer for sale (OFS) route.
Read More
Glenmark Pharma announces Proposed Divestment of Majority Stake in Glenmar
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 22: Glenmark Pharmaceuticals Limited ("Glenmark Pharma"), a research-led, integrated, global pharmaceutical company has entered into a definitive agreement with Nirma Limited to divest 75% stake in its subsidiary, Glenmark Life Sciences Limited ("GLS")
Read More
Coal India's OFS issue subscribed 3.5 times by non-retail investors
Updated : 2 years, 12 months ago IST
The government has decided to divest 3 per cent equity including a green shoe option of 1.5 per cent. The floor price for the two-day issue has been fixed at Rs 225 per share.
Read More
Nepal Army plans to buy armoured personnel carriers from Chinese firm blac
Updated : 3 years ago IST
The 'listing date' was June 3, 2021, and the 'divestment date' for the procurement was June 3, 2022, according to a document the Post saw. Although the Nepal Army or the government of Nepal have to put in the money initially, the UN peacekeeping office would reimburse the money to the army a
Read More
China 'firmly opposes' forced sale of TikTok
Updated : 3 years, 2 months ago IST
China said it would strongly oppose any forced sale of TikTok, responding for the first time to Biden administration demands that the video app divest itself from its Chinese parent ByteDance or face a US ban, reported CNN.
Read More
IDBI Bank divestment on track, reports on possible delay speculative: DIPA
Updated : 3 years, 2 months ago IST
Reports of a possible deferment of the disinvestment of IDBI Bank are speculative and baseless, and the transaction continues to be on track, said the Department of Investment and Public Asset Management (DIPAM) on Friday.
Read More
"Sale won't resolve US security concerns over TikTok": App's CEO
Updated : 3 years, 2 months ago IST
TikTok Chief Executive Shou Zi Chew, in an interview, said that divesting the company from its Chinese owners--a move the US is now demanding--doesn't offer any more protection than a multibillion-dollar plan the company has already proposed.
Read More
Bank of Baroda to sell its 49 pc stake in subsidiary BFSL
Updated : 3 years, 2 months ago IST
The Bank of Baroda said it will divest 49 per cent of its shareholding in its subsidiary BOB Financial Solutions (BFSL).
Read More
The govt is not crazy to rush out to sell everything: Finance Minister Sit
Updated : 3 years, 2 months ago IST
The Union minister said, "We have announced four core sectors where we have said there will be at least minimum presence of the government. But they have been also opened for private sector."
Read More
LIC already clarified their exposure in Adani Group: DIPAM secretary
Updated : 3 years, 3 months ago IST
The total assets under management (AUM) of LIC are over Rs 41.66 lakh as of September 30, 2022. Therefore, LIC's exposure in the Adani group, as of date, is 0.975 per cent at book value.
Read More
STL divests its Telecom Products Software business, as a part of its portf
Updated : 3 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 1 (ANI/PRNewswire): STL (NSE: STLTECH) a leading optical and digital solutions company, today announced the divestment of its Telecom Products Software business as a part of its strategy to intensify its focus on driving scalable growth in Optical Netwo
Read More