Search For "divest"
Multiple steps remain in BPCL's divestment: Fitch
Updated : 5 years, 4 months ago IST
Singapore, March 26 (ANI): There has been progress in Bharat Petroleum Corporation Ltd's (BPCL's) disinvestment following developments on key queries raised by potential buyers but multiple steps of the process remain outstanding, according to Fitch Ratings.
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IGX offloads 26 pc stake to NSE, 5 pc to ONGC
Updated : 5 years, 4 months ago IST
New Delhi [India], March 10 (ANI): The Indian Energy Exchange (IEX) on Wednesday announced strategic divestment of 26 per cent of its equity holding in the Indian Gas Exchange (IGX) to National Stock Exchange (NSE) of India Ltd and additional 5 per cent equity holding to Oil and Natural Gas
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Air India Employees Consortium disqualified from AI divestment process
Updated : 5 years, 4 months ago IST
New Delhi [India], March 9 (ANI): Air India Employees Consortium, which participated in the Air India divestment bid, was disqualified from the divestment process by the Transaction Advisor to the Government of India (Ernst & Young LLP) on Monday.
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Reliance arm sells assets in Marcellus shale play
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Reliance Industries said on Thursday its subsidiary Reliance Marcellus LLC has signed agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of southwestern Pennsylvania.
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Siddhartha's wife Malavika Hegde takes over as CEO of Coffee Day Enterpris
Updated : 5 years, 7 months ago IST
Bengaluru (Karnataka) [India], December 7 (ANI): Coffee Day Enterprises Ltd (CDEL) said on Monday that Malavika Hegde, the wife of its late founder V G Siddhartha, has been appointed as the company's Chief Executive Officer.
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Tata Consumer Products divests MAP Coffee business in Australia
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], December 7 (ANI): Tata Consumer Products said on Monday it has decided to divest its MAP Coffee business in Australia to Buccheri Group Pty Ltd, a boutique coffee manufacturer established in Australia during 2007 and led by Santo Buccheri family.
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Glenmark to divest select Anti-Allergy brands to Dr Reddy's in Russia, Ukr
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], November 29 (ANI/PRNewswire): Glenmark Pharmaceuticals Ltd. today announced that it has entered into a definitive agreement with Dr. Reddy's Laboratories Ltd. to divest - subject to completion of certain precedent actions and closing activities - its brand Mo
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Max India to explore rewarding shareholders via capital reduction
Updated : 5 years, 10 months ago IST
New Delhi [India] September 16 (ANI/NewsVoir): Max India Limited, a part of the USD 3 billion Max Group, announced that it would explore a capital reduction program to reward its shareholders, as communicated during the divestment of Max Bupa by the erstwhile Max India.
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CAMS to launch IPO on Sep 21, NSE to divest over 37 pc
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Sep 15 (ANI): Chennai-based Computer Age Management Services (CAMS) will open its initial public offering on September 21, according to documents filed by the company at Securities and Exchange Board of India (SEBI).
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Reliance's stake sale in retail segment will allow growth while maintainin
Updated : 5 years, 10 months ago IST
Singapore, September 14 (ANI): Moody's Investors Service said on Monday that Reliance Industries Ltd's (RIL's) divestment of 1.75 per cent stake in its retail arm to private equity firm Silver Lake Partners for Rs 7,500 crore is credit positive as it will enable the Indian conglomerate to co
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Won't sell TikTok's algorithm to US, says ByteDance
Updated : 5 years, 10 months ago IST
Beijing [China], September 14 (ANI): Chinese company ByteDance has decided not to sell or transfer the algorithm behind its video-sharing application TikTok in any sale or divestment deal, according to South China Morning Post.
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Fitch affirms Bharat Petroleum at BBB-minus with negative outlook
Updated : 5 years, 10 months ago IST
Singapore, September 9 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
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