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WEWORK GLOBAL STAKE SALE
MSCI Rejig: Adani Energy Solutions, Lenskart Solutions make the cut; SBI Cards, Astral to be excludedAstral Ltd., Balkrishna Industries Ltd. and SBI Cards and Payment Services Ltd. will be removed from the MSCI India Index. Astral and Balkr...
TPG, Temasek sell 13% stake in Dr Agarwals Health Care for Rs 2,008 croreGlobal investors TPG and Temasek sold nearly thirteen percent of Dr Agarwals Health Care. They collectively offloaded over four crore equit...
Global Market: Norway sovereign fund reveals stake in Musk’s SpaceXNorway’s $2.3 trillion sovereign wealth fund held a 0.05% stake in SpaceX worth $1.22 billion as of June 30, marking its first public discl...
Norway wealth fund holds $1.2 bln stake in SpaceXIt held a 1.28% stake worth $62 billion in Nvidia, a 1.24% stake worth $52 billion in Apple, a 1.17% stake worth $50 billion in Alphabet, a...
Modern Bazaar explores stake sale with Reliance Retail, others as quick commerce squeezes businessModern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for a strategic equity partnership or...
Petronas arm Gentari puts India EV charging business up for salePetronas subsidiary Gentari has begun exploring a sale of its Indian green mobility unit, Gentari Green Mobility India, which operates abou...
CPP Investments inks pact to invest up to Rs 3,000 cr in Prestige HospitalityCPP Investments has agreed to invest up to ₹3,000 crore in Prestige Estates’ hospitality subsidiary, Prestige Hospitality Ventures, for a s...
RSWM, Spain's NDS9 form JV to set up Rs 186 crore premium apparel facilityRSWM Ltd and Noize Design Studio have formed a joint venture for premium apparel. LNJ NDS9 Global Private Ltd will focus on denim and activ...
Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...
It's a secret: LIC’s unusually fast $3.3 billion deal kept bankers in darkLIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's biggest secondary stock offering after...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
Specialised realty platforms drive India's next wave of IPOsIndia's real estate sector is on the rise, with innovative public market listings through specialized platforms. These enterprises demonstr...
CreditAccess India sells 2.28% stake in Grameen to offer investors liquidityCreditAccess India, the promoter of India’s largest pure-play microfinance lender CreditAccess Grameen, has sold a 2.28% stake through bloc...
LIC's second act smarter price tagThe Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the gove...
Elevation Capital, Peak XV Partners sell 2.3% stake in Meesho for Rs 1,949 crore; stock fallsFollowing the stake sale, Meesho's shares fell nearly 1 per cent on Wednesday to trade at Rs 190.50 apiece on the National Stock Exchange (...
Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...
Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...