Search For "stake sale"
From Information Asymmetry to Transaction Confidence: The Role of a Virtua
Updated : 2 months, 1 week ago IST
New Delhi [India], March 10: In India's evolving corporate landscape, high-value transactions are no longer rare events. Insolvency resolutions, mergers and acquisitions, strategic stake sales, shareholder exits, IPO-linked restructuring, and court-monitored corporate actions are now a regul
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IIFCL confirms preparations underway for diluting up to 25% govt stake: DM
Updated : 4 months, 2 weeks ago IST
IIFCL DMD's remarks came in the backdrop of reports that the government is considering selling stakes in IIFCL, its long-term infrastructure lending arm, and that the ministerial panel is expected to finalise the IPO structure, which may combine fresh equity issuance and a partial governm
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Pakistan International Airlines in pickle as bidder exits privatisation ra
Updated : 5 months ago IST
Pakistan International Airlines (PIA) has faced a significant setback in its privatisation process after Fauji Fertiliser Company Ltd formally withdrew from the bidding for a 75 per cent stake in the country's national carrier, just ahead of the deadline to submit sealed bids.
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Bank of Maharashtra OFS subscribed 400% of base size on Day 1
Updated : 5 months, 3 weeks ago IST
The Offer for Sale (OFS) of Bank of Maharashtra has received an overwhelming response, with the issue being subscribed 400% of the base size on Tuesday.
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Government to sell up to 6% stake in Bank of Maharashtra via OFS: DIPAM
Updated : 5 months, 3 weeks ago IST
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.
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Adani executes Rs 7,150 cr deal for 20% stake sale of AWL Agri Business to
Updated : 10 months, 1 week ago IST
Adani has executed the sale of a 20 per cent stake in AWL Agri Business Limited to Wilmar International, Singapore, with the deal size valued at Rs 7,150 crore, according to a stock exchange filing by Adani Enterprises.
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Centre receives Rs 8,625 crore as disinvestment receipts so far in 2024-25
Updated : 1 year, 5 months ago IST
The government has realised Rs 8,625 crore through various minority stake sale disinvestments so far during the current financial year 2024-25, MoS Finance Pankaj Chaudhary informed Lok Sabha on Monday in a written reply.
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Government-generated value for CPSE investors through stake sale, OFS and
Updated : 1 year, 5 months ago IST
As the year 2024 draws to a close, the Finance Ministry highlighted key achievements of its disinvestment drive, showcasing significant transactions led by the Department of Investment and Public Asset Management (DIPAM).
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The Demand for Premium Homes Hits New Heights: Here's Why
Updated : 1 year, 8 months ago IST
Delhi NCR [India], September 19: With demand for luxury residential properties in India at an all-time high, the market has never experienced such unprecedented growth. Several factors are contributing to this surge, including a preference for large, well-appointed homes in the post-pandemic
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Paytm denies media report on stake sale to Adani Group, terms it "Speculat
Updated : 1 year, 12 months ago IST
Hours after a media report asserted that Adani Group Chairman Gautam Adani Paytm was in talks with Paytm to buy a stake in it, the popular fintech company termed it "speculative".
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Nazara Technologies' promoter sells 6.38% stake in block deal
Updated : 1 year, 12 months ago IST
Mitter Infotech, a promoter of gaming and sports media firm Nazara Technologies, has sold 48.84 lakh shares on Monday in a block deal of the stock exchange, representing 6.38 per cent stake to Plutus Wealth Management.
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Vodafone Idea clarifies not in any discussion with Musk-owned Starlink
Updated : 2 years, 4 months ago IST
Clearing all speculations, telecom operator Vodafone Idea on Tuesday said it was not in any such discussion with the Elon Musk-owned satellite internet company Starlink for any stake sale.
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