Search For "divest"
Arvog Finance divests its Forex Subsidiary to tighten focus on fintech ops
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 14 (ANI/BusinessWire India): 'Arvog Forex' has been acquired by Revolut India, the India incorporated entity of UK's largest fintech firm Revolut - the world's first truly global financial services superapp.
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Disinvestment of Air India completed: MoS Finance in LS
Updated : 4 years, 3 months ago IST
New Delhi [India], February 8 (ANI): The strategic disinvestment transaction of Air India has been successfully completed on January 27, 2022, said Union Minister of State (MoS) for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in Lok Sabha on Monday.
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Time to boycott China by divesting companies complicit in Uyghur genocide,
Updated : 4 years, 4 months ago IST
Washington [US], January 24 (ANI): An estimated one million Uyghurs are in concentration camps, treated as little more than chattel, and enslaved. Both men and women endure systematic physical and sexual abuse, including rape and torture. Young men remain absent from the streets of Urumqi, a
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HSIL transforms to a focused Packaging Company with the Divestment of Buil
Updated : 4 years, 4 months ago IST
Gurugram (Haryana) [India], January 18 (ANI/PRNewswire): HSIL Limited ("HSIL"), India's leading packaging company, in its Board meeting held today approved the divestment of its Building Products division to Brilloca Limited ("Brilloca"), a wholly owned subsidiary of Somany Home Innovatio
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Centre making 'all efforts' to complete Air India's divestment by December
Updated : 4 years, 6 months ago IST
New Delhi [India], November 24 (ANI): The Union government is making "all efforts" to hand over all operations of Air India to Tata Sons by the end of December, said Secretary Ministry of Civil Aviation Rajiv Bansal on Wednesday.
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Proposed divestment of stake in Magma HDI General Insurance
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], November 3 (ANI/BusinessWire India): Poonawalla Fincorp Limited ("PFL") is a joint venture partner in Magma HDI General Insurance Limited ("Magma HDI"), a general insurance company registered with Insurance Regulatory and Development Authority of India (IRDAI).
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Air India asks employees to 'control expenses' till divestment completes
Updated : 4 years, 7 months ago IST
New Delhi [India], October 15 (ANI): After Tata Sons won the bid to acquire national carrier Air India, the acting Chairman and Managing Director (CMD) of the national carrier has issued an order for the management to control the expenses, till the divestment exercise is complete.
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After Air India, govt to disinvest BPCL, float LIC IPO by last quarter of
Updated : 4 years, 7 months ago IST
New Delhi [India], October 14 (ANI): Following the successful completion of the disinvestment of Air India, the government expects to carry out the divestment of BPCL in the current financial year. The government will also come up with Initial Public offerings (IPO) of Life Insurance Company
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Air India divestment: Government looking forward to its logical conclusion
Updated : 4 years, 8 months ago IST
New Delhi [India], September 16 (ANI): National carrier Air India's divestment bids have been submitted by bidders including Tata Group along with SpiceJet Chairman Ajay Singh in his personal capacity.
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Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 4 years, 8 months ago IST
Singapore, September 7 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus.
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L&T concludes divestment of 99 MW hydro power plant with Renew Power
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 31 (ANI): Larsen & Toubro has concluded the divestment of its 100 per cent stake in 99 megawatt hydroelectric power plant at Singoli-Bhatwari in Uttarakhand.
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Home Ministry rejects Sukhbir Badal's claim, says no proposal to divest Pu
Updated : 4 years, 9 months ago IST
New Delhi [India], August 13 (ANI): Rejecting claims of Shiromani Akali Dal (SAD) chief Sukhbir Singh Badal, Ministry of Home Affairs (MHA) on Friday made it clear the Centre has not taken any decision of divesting Punjab Governor of the responsibility of Chandigarh administrator and of appo
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