Search For "equity stake"
Reliance Jio-Facebook deal will be 'catalyst' to make India world's leadin
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Mukesh Ambani, Chairman of Reliance Industries Ltd (RIL), which signed a mega Rs 43,574 crore deal with Facebook giving the US-based social media giant a 9.99 per cent equity stake in homegrown mobile network Jio, said the partnership will pro
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Facebook to invest Rs 43,574 crore in Reliance Jio,largest FDI in India's
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Social media giant Facebook on Wednesday announced to invest Rs 43,574 crore into Jio Platforms, the investment will translate into a 9.99 per cent equity stake in Jio Platforms, the largest FDI in the Indian tech sector.
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Kubota to acquire 10 pc equity in Escorts for Rs 1,042 crore
Updated : 6 years ago IST
New Delhi [India], Mar 20 (ANI): Japanese tractor and machinery manufacturer Kubota Corporation will invest Rs 1,042 crore to acquire 10 per cent equity stake in Escorts Ltd to integrate and deepen their relationship, it was announced on Friday.
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Allcargo Logistics to acquire up to 46.83 pc equity stake in Gati
Updated : 6 years ago IST
Mumbai, (Maharashtra) [India], Mar 5 (ANI): Allcargo Logistics is set to emerge as a controlling stakeholder in Gati as it has received approval from the Securities and Exchange Board of India (SEBI) on its open offer to acquire about 3.17 crore shares or 26 per cent stake in Gati at Rs 75 a
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NRIs can now acquire up to 100 pc stake in Air India
Updated : 6 years ago IST
New Delhi [India], Mar 4 (ANI): The Union Cabinet on Wednesday approved an amendment to the foreign direct investment policy on civil aviation, allowing non-resident Indians (NRIs) to acquire 100 per cent equity stake in Air India.
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Emami sells cement business to Nirma Group for Rs 5,500 crore
Updated : 6 years, 1 month ago IST
Kolkata (West Bengal) [India], Feb 6 (ANI): Emami Group said on Thursday it has entered into a binding agreement with Nuvoco Vistas Corporation, part of the Ahmedabad-based Nirma Group, for divestment of its 100 per cent equity stake in Emami Cement for an enterprise value of Rs 5,500 cro
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Yes Bank sells over 15 lakh shares of SICAL Logistics
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Jan 31 (ANI): Private sector lender Yes Bank has sold more than 15 lakh shares of SICAL Logistics in various tranches constituting 2.68 per cent of the equity stake.
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Gati launches itself into the next phase of growth
Updated : 6 years, 3 months ago IST
Hyderabad (Telangana) [India] Dec 6 (ANI/NewsVoir): Gati Ltd, India's leader in express distribution and supply chain solutions, has offloaded a significant equity stake to Allcargo Logistics Ltd - India's largest integrated logistics solutions provider.
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CCI gives nod to ADFE to buy Hero Future's stake
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 30 (ANI): The Competition Commission of India (CCI) has approved Abu Dhabi Future Energy's plan to acquire equity stake in Hero Future Energies Global Ltd.
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GVK to offload 79 pc stake in airport business to raise Rs 7,614 crore
Updated : 6 years, 4 months ago IST
Hyderabad (Telangana) [India], Oct 28 (ANI): The GVK group is offloading 79.1 per cent of equity stake in its airport business to three investors for raising Rs 7,614 crore in a bid to trim the piled up debt.
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Adani Power says resolution plan for GMR Chhattisgarh approved
Updated : 6 years, 9 months ago IST
Ahmedabad (Gujarat) [India], June 26 (ANI): A consortium of lenders led by Axis Bank has issued a letter of intent approving Adani Power's resolution plan to acquire controlling equity stake and restructure debt in GMR Chhattisgarh Energy Limited (GCEL).
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Godrej Properties raises stake in Wonder Space to 96.03 pc
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 5 (ANI): Godrej Properties has increased its equity stake in Wonder Space Properties from 25.1 per cent to 96.03 per cent by acquiring equity shares from Shubh Properties Cooperatief U.A.
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