Search For "divests"
CFG divests its shareholding in Mumbai City FC amid uncertainty over futur
Updated : 7 months, 3 weeks ago IST
This move by CFG comes amid uncertainty over the future of Indian domestic football, with its tier-one and tier-two leagues, the Indian Super League (ISL) and I-League failing to find any bidders. Mumbai City FC is in the ISL and was being administered by CFG to since 2019, which also owns M
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SBI divests 13.19% stake in Yes Bank to SMBC for Rs 8889 crores
Updated : 1 year, 3 months ago IST
The State bank of India on Friday announced the divestment of 13.19 per cent of its stake in Yes Bank Limited (YBL) to Sumitomo Mitsui Banking Corporation (SMBC).
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STL divests its Telecom Products Software business, as a part of its portf
Updated : 3 years, 6 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
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Apollo LogiSolutions divests Kashipur terminal to streamline business grow
Updated : 3 years, 7 months ago IST
Apollo LogiSolutions said the move was aimed to add strength and boost market share in contract logistics, adding that Kashipur Infrastructure and Freight Terminal (KIFTPL) was a non-core, standalone asset which did not form part of the company's "future strategic roadmap".
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Edelweiss Alternatives acquires L-T Infrastructure Development Projects
Updated : 3 years, 8 months ago IST
With this, L&T will divest its entire stake in the concession subsidiary, L&T IDPL. This is in line with L&T's strategy of reducing its exposure to the non-core asset-heavy developmental projects portfolio, according to a statement from Larsen and Toubro.
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STL divests IDS as a part of its ongoing portfolio realignment
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], September 27 (ANI/PRNewswire): STL [NSE: STLTECH] one of the industry's leading integrators of digital networks, today announced its divestment of Impact Data Solutions Limited (IDS), UK, as a part of its consolidated strategy to focus on its core business segme
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Arvog Finance divests its Forex Subsidiary to tighten focus on fintech ops
Updated : 4 years, 6 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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Indiabulls HF divests mutual fund business to Groww for Rs 175 crore
Updated : 5 years, 3 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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Tata Consumer Products divests MAP Coffee business in Australia
Updated : 5 years, 8 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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Trump orders ByteDance to divest interests in US Tik Tok operations within
Updated : 6 years ago IST
Washington [US], August 15 (ANI): US President Donald Trump has issued an executive order requiring China-based ByteDance to divest its interests in video-sharing app TikTok's operations in the US within 90 days, Sputnik reported.
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Prism Johnson divests 51 pc stake in Raheja QBE to Paytm arm
Updated : 6 years, 1 month 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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CSS Corp divests Glow Networks to Altruist Group
Updated : 6 years, 4 months ago IST
Bengaluru (Karnataka) [India], April 20 (ANI/ BusinessWire India): CSS Corp, a new-age IT services and technology support company announced that it has divested Glow Networks to Altruist Technologies Private Limited, a multinational provider of telecom and business process optimization solut
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