Search For "divestment"
Multiple steps remain in BPCL's divestment: Fitch
Updated : 4 years, 11 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 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 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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Tata Consumer Products divests MAP Coffee business in Australia
Updated : 5 years, 3 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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Max India to explore rewarding shareholders via capital reduction
Updated : 5 years, 6 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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Reliance's stake sale in retail segment will allow growth while maintainin
Updated : 5 years, 6 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, 6 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, 6 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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L&T completes divestment of electrical and automation business to Schneide
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 1 (ANI): Larsen & Toubro has closed the strategic divestment of its electrical and automation business to Schneider Electric, a global player in energy management and automation.
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Cyril Amarchand Mangaldas advises in relation to divestment of stake by In
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra)/New Delhi [India] July 14 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised in relation to the offer for sale of equity shares of Andhra Paper Limited (Andhra Paper) through stock exchange mechanism by International Paper Investments (Luxembourg) SARL (Seller), one of th
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Prism Johnson divests 51 pc stake in Raheja QBE to Paytm arm
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): Building materials company Prism Johnson said on Monday its board of directors has approved the divestment of entire 51 per cent holding in Raheja QBE General Insurance Company to QORQL Pvt Ltd for nearly Rs 290 crore.
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Hardeep Singh Puri 'confident and hopeful' about Air India's divestment, d
Updated : 5 years, 8 months ago IST
New Delhi [India], June 20 (ANI): Union Civil Aviation Minister Hardeep Singh Puri on Saturday said that he has never been as "hopeful and confident" on Air India's divestment or disinvestment as he is now.
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