stake

News
Videos

STAKE NEWS

Sheela Foam to acquire 95% stake in Kurlon Enterprises for Rs 2,035 crore

July 18, 2023 8:50 am

Kurlon Enterprises Ltd was established in 1962 as Karnataka Coir Products, part of the South India-based Pai family business group, and is currently headed by Jyothi Pradhan

Govt issues clarifications on Air India stake sale

May 01, 2018 2:48 pm

As per the information memorandum, issued in March, the government would retain 24 per cent stake in the national carrier, the winning bidder would be required to stay invested in the airline for at least three years.

NRI businessman M A Yousuf Ali picks up stake in Federal Bank

July 17, 2013 2:33 pm

Ali purchased a 4.47 per cent stake in Federal Bank from Dubai-based Emirates Financial Services.

IOC in talks to buy Petronas 10% stake in Canadian asset

July 10, 2013 3:15 am

Indian Oil Corp (IOC) is in talks to buy Malayasian oil firm Petronas 10 per cent stake in Canadian shale gas assets,which are touted to be worth at least $1.5 billion.

Now,Mukesh Ambani picks up stake in Epic TV

July 09, 2013 12:24 am

Epic TV is a niche high-definition channel,which will have content based on the nation's history,folklore and mythology in a contemporary format

CCI clears RIL buyout of Bhartis stake in insurance JV

July 28, 2011 1:28 am

In its first case of mergers and acquisition,the Competition Commission of India has cleared Mukesh Ambani-led RILs buyout of Bharti groups 74 per cent stake in an insurance joint venture with AXA of France.

Sterling Biotech promoters pledge 10.42% stake

July 26, 2011 5:19 pm

Sterling Biotech said its promoters pledged 8.86 lakh shares of the firm on June 16.

Standard Chartered PE firm buys 10% in Redington India

July 05, 2011 2:42 am

The transaction of 47.63 million shares took place via a block deal on the BSE at Rs 91.9 a share.

HDFC to buy 12% stake in nations first e-hospital

July 03, 2011 2:22 am

HDFC has invested around Rs 2.4 crore for acquiring approximately 12 per cent stake in the first e-hospital MediAngels in the country.

Essar to exit Vodafone JV for $5.46 billion,deal value up by $460 mn

July 02, 2011 12:51 am

Essar will also pay a withholding tax of $880 million to the government,under protest.

STAKE VIDEOS

India set to raise $730 mn from NTPC stake sale

February 24, 2016 7:35 am

New Delhi, Feb 24 (ANI): India's sale of a five percent stake in top power producer NTPC Ltd. received bids for 80 percent more shares than were on offer for institutional investors on Tuesday, setting the government on course to raise about $730 million. Retail investors, for whom a fifth of the NTPC issue is reserved, can place bids on Wednesday, after which the final price and total proceeds will be ascertained. Unsubscribed shares from the retail portion will be allocated to the funds.