STAKE
Kotak Mahindra Bank divests 10% stake in ECA Trading Services to its armKotak Mahindra Bank has sold 1,09,48,925 equity shares of Rs 10 each (10 per cent of its stake) of ECA Trading Services Limited to Kotak Se...
- Adani Ports stock jumps after announcement of stake buy in Gangavaram Port
APSEZ on Wednesday said it is acquiring Windy Lakeside Investment's 31.5 per cent stake in Gangavaram Port Ltd for Rs 1,954 crore.
- IRCON International shares extend losses on government stake sale plan
On BSE, the scrip opened on a weak note at Rs 90, then fell further to Rs 89.40.
- FPIs cut stakes in these stocks in Q3, only to find them rally in Jan & Feb
For this study, only those stocks were considered where FPIs pared stake by more than 100 basis points during the quarter.
- BPCL closes in on privatisation, may sustain valuation multiple
BPCL may use a portion of the proceeds from NRL’s stake sale to reduce debt. It had a net debt of around Rs 55,000 crore at the end of Marc...
- Rakesh Jhunjhunwala pares stake in this smallcap stock
Jhunjhunwala sold 150,770 shares of the company at Rs 1,205.19 per share while Rare Investments dumped 387,727 shares at Rs 1,205.42 per sh...
- Govt to sell 16% stake in IRCON to raise about Rs 662 crore
The base offer is for 10 per cent share sale while the green shoes offer is 6 per cent. The government holds 89.18 per cent stake in IRCON.
- BPCL to pay shareholders from Rs 9,876 cr Numaligarh Refinery stake sale
The Board of BPCL on Monday approved the sale of the company's 61.65 per cent stake in Numaligarh Refinery Ltd (NRL) to a consortium of sta...
- N Vijayagopal on what sale of Numaligarh refinery stake means for BPCL
A portion of proceeds from the sale of the stake in Numaligarh refinery will go for special dividend, N Vijayagopal, Director (Finance), BP...
- Shipping Corp receives multiple bids for government stake sale, shares surge 19%
Department of Investment and Public Asset Managment (DIPAM) Secretary Tuhin Kanta Pandey on Monday said that multiple Expressions of Intere...
- BPCL refinery stake sale opens up door for high dividends, privatisation
Foreign brokerage CLSA said the stake value was 16 per cent lesser than what it had assigned and could impact the fair value of the stock b...
- BPCL to sell Numaligarh Refinery stake for Rs 9,876 crore
The consortium of OIL and Engineers India Ltd is likely to acquire 49 per cent and the rest 13.65 per cent will be sold to the Government o...
- Sundaram AMC notifies CCI of 100% stake acquisition in Principal Asset Management
Earlier in January, SAMC had announced its plans for the transaction, which included Principal Trustee Company Pvt Ltd (PTCPL) and Principa...
- CDC Group Plc offloads one-third of its stake in Equitas Holdings
CDC, which started backing the microfinance company in 2013, sold a little over 89 lakh equity shares at Rs 88.23 Thursday, according to a ...
- HDFC Mutual fund sells 2.73% stake in Just Dial for over Rs 108 crore
Based on the weighted average price of Rs 639.60 of the stock on the sale day, the transaction is estimated to be around Rs 108.15 crore.
- NTPC inks pact to buy GAIL's 25% stake in RGPPL
After the transaction is complete, NTPC would have 86.49 per cent stake in the RGPPL.
- US-based Indian entrepreneur claims big stake in Paytm parent
Saxena, who claims to be a serial entrepreneur and an aerospace & telecommunications technologist, said due to personal events in his life,...
- IndusInd promoters raise funds to hike stake in bank
The company will redeem the balance of 75 per cent of the warrants at the price of Rs 1,709 per share, aggregating to Rs 2,021.45 crore.
- Government to sell 20% stake in National Fertilizers
The deadline for submitting the bids is March 2, the Department of Investment and Public Asset Management (DIPAM) said in a notification.
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