Search For "divest"
GMR Infra gets first tranche towards stake divestment in Kakinada SEZ
Updated : 4 years, 11 months ago IST
New Delhi [India], August 13 (ANI): Diversified conglomerate GMR Infrastucture Ltd on Friday announced the receipt of total first tranche consideration towards sale of 51 per cent equity owned by its wholly-owned subsidiary GMR SEZ and Port Holdings Ltd (GSPHL) in Kakinada SEZ Ltd (KSEZ) to
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SAD chief requests Home Minister to review Centre's decision to appoint fu
Updated : 4 years, 11 months ago IST
Chandigarh (Haryana) [India], August 12 (ANI): Shiromani Akali Dal (SAD) President Sukhbir Singh Badal has requested Home minister Amit Shah to review the union government's decision to appoint a full-fledged Administrator for the Union Territory of Chandigarh by divesting the Punjab Governo
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L&T sells Singoli-Bhatwari hydroelectric project to Renew Power for Rs
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 11 (ANI): Larsen & Toubro on Wednesday announced divestment of 100 per cent stake in 99 megawatt run-of-the-river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower Ltd (LTUHPL) to Renew Power Services Pvt Ltd.
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Asian Granito sells 18.8 pc stake in Astron Paper and Board Mills
Updated : 4 years, 11 months ago IST
Ahmedabad (Gujarat) [India], Aug 10 (ANI): Home decor major Asian Granito Ltd (AGL) said on Tuesday it has divested 87.75 lakh equity shares (18.87 per cent) in Astron Paper and Board Mills Ltd through a block deal for Rs 46.94 crore.
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JSPL accepts revised offer from Worldone to divest 96.42 pc stake in Jinda
Updated : 4 years, 11 months ago IST
New Delhi [India], August 8 (ANI): Jindal Steel and Power Limited's Board accepted the revised binding offer from Worldone Private Limited (acquirer) to divest its 96.42 per cent stake in Jindal Power Limited (JPL), a material subsidiary of JSPL, the company informed.
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JSPL to launch transparent competitive bidding process for JPL Divestment
Updated : 5 years ago IST
New Delhi [India], July 25 (ANI/Jindal Steel and Power Ltd): JSPL prides itself in putting minority shareholder interests at the forefront of its decision making process and has decided to launch an additional transparent competitive bidding process for the proposed stake sale of JPL.
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Gallagher to acquire 100 pc stake in Edelweiss Gallagher Insurance Brokers
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Diversified financial services firm Edelweiss on Friday announced divestment of its stake in Edelweiss Gallagher Insurance Brokers Ltd (EGIBL).
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India's bank privatisation plans can face hurdles amid Covid: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
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Indiabulls HF divests mutual fund business to Groww for Rs 175 crore
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Indiabulls Housing Finance said on Tuesday it has decided to divest its mutual fund business to investment platform Groww for Rs 175 crore.
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JSPL makes pre-payment of Rs. 2,462 crore to lenders
Updated : 5 years, 2 months ago IST
New Delhi [India], May 10 (ANI): Jindal Steel and Power Ltd (JSPL) said on Monday it has made a pre-payment of Rs 2,462 crore to its term lenders.
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JSPL to divest coal fired power business for Rs 3,015 cr
Updated : 5 years, 3 months ago IST
New Delhi [India], April 27 (ANI): Jindal Steel and Power Ltd (JSPL) said on Tuesday it has accepted a binding offer from Worldone Pvt Ltd to divest its 96.42 per cent stake in Jindal Power Ltd (JPL) in an all-cash offer of Rs 3,015 crore.
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Finnish wood pulp giant Stora Enso to leave viscose market after Xinjiang
Updated : 5 years, 4 months ago IST
Helsinki [Finland], March 31 (ANI): Finnish pulp and paper giant Stora Enso has announced that it will 'divest' from making the raw ingredient needed to produce wood-based viscose rayon fibre, amid reports of links between the company and forced labour in Xinjiang.
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