Search For "stake sale"
JSPL to launch transparent competitive bidding process for JPL Divestment
Updated : 4 years, 10 months ago IST
New Delhi [India], July 25 (ANI/Jindal Steel and Power Ltd): JSPL prides itself in putting minority shareholder interests at the forefront of its decision making process and has decided to launch an additional transparent competitive bidding process for the proposed stake sale of JPL.
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IL&FS completes stake sale in China road asset to Pingan
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], Apr 1 (ANI): In a major step towards resolving overall debt, IL&FS on Thursday announced completion of its 49 per cent stake sale in its Chinese road asset Chongqing Yuhe Expressway Company (CYEC).
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Budget pegs FY22 disinvestment target at Rs 1.75 lakh crore
Updated : 5 years, 3 months ago IST
New Delhi [India], February 1 (ANI): The Budget proposals for 2021-22 on Monday put Rs 1.75 lakh crore as a target from stake sale in public sector companies and financial institutions.
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Reliance Infrastructure completes stake sales of entire 74 pc shareholding
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 9 (ANI): Reliance Infrastructure Limited (RInfra) on Saturday announced the successful completion of the sale of its entire 74 per cent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid Trust (IndiGrid) for an enterprise v
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Reliance Infra sells Delhi-Agra toll road to Cube Highways for Rs 3,600 cr
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 1 (ANI): Anil Ambani-led Reliance Infrastructure Ltd on Friday announced successful completion of 100 per cent stake sale in the Delhi-Agra toll road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore.
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Reliance's stake sale in retail segment will allow growth while maintainin
Updated : 5 years, 8 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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Stake sale, Future Group asset acquisition to boost Reliance's retail busi
Updated : 5 years, 8 months ago IST
Singapore, September 10 (ANI): Reliance Industries Ltd's (RIL's) plan to sell a stake in its retail subsidiary at an equity valuation of Rs 4.21 lakh crore and its proposed acquisition of Future Group's retail businesses will solidify RIL's position in India's organised retail market and str
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Equity indices erase early gains, Bharti Airtel drops 6 pc on stake sale
Updated : 5 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI): Equity benchmark indices wiped out early gains on Tuesday and closed in the red after a volatile trading session that saw metal stocks shining but IT scrips plunging.
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Snowman Logistics reinitiates expansion plans at three locations
Updated : 6 years ago IST
Bengaluru (Karnataka) [India], May 14 (ANI): Integrated temperature-controlled logistics service provider Snowman said on Wednesday it has reinitiated expansion plans at three new locations which were put on hold after signing of share purchase agreement for a stake sale.
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Gateway Distriparks calls off stake sale in Snowman Logistics
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], May 11 (ANI): Gateway Distriparks Ltd (GDL) has terminated a share purchase agreement to sell its entire stake of 40.25 per cent in Snowman Logistics to Adani Logistics for a consideration of Rs 295.92 crore.
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KPTL completes 100 pc stake sale in Kalpataru Satpura Transco
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): Kalpataru Power Transmission Ltd (KPTL) said on Tuesday it has completed the sale of its 100 per cent entire stake in subsidiary company Kalpataru Satpura Transco Pvt Ltd (KSTPL) to CLP India Pvt Ltd.
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GMR Infra jumps 10 pc as Groupe ADP buys 49 pc stake in GMR Airports
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 24 (ANI): Shares of GMR Infrastructure surged over 10 per cent in early trade on Monday to hit their fresh 52-week high after the Competition Commission of India gave approval for the GMR group's proposed 49 per cent stake sale in the airports business to Fr
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