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IHC STAKE SALE
Sammaan Capital sells Rs 5,000 crore loan portfolio to stressed loan aggregator ArcilSammaan Capital sold a ₹5,000 crore stressed loan portfolio to Arcil at about a 52% discount, valuing it near ₹2,400 crore in one of the la...
Sammaan Capital shares jump 4% after IHC becomes promoter with Rs 5,652 cr initial investmentSammaan Capital is set to transform into a diversified NBFC following a significant Rs 5,652 crore transaction with Abu Dhabi-based IHC. IH...
Stocks in news: IndiGo, Sammaan Capital, Bharti Airtel, GRSE, CoforgeMarkets experienced a sharp sell-off on Monday's monthly expiry day, with the Nifty closing near 22,331. Key companies like IndiGo, Bharti ...
Bulls to return after March massacre? Elara sees limited downside for Nifty after 11% crash amid Iran-US warAfter an 11% March crash driven by the escalating Iran–US conflict, Elara Securities says the Nifty may have limited downside ahead. Histor...
Sammaan Capital becomes IHC Group company, receives Rs 5,652 cr in first tranche of stake saleSammaan Capital has officially become an International Holding Company group firm after receiving Rs 5,652 crore in the first tranche of a ...
Abu Dhabi's IHC gets CCI nod to acquire stake in Sammaan CapitalIndia's fair trade watchdog, CCI, has greenlit Abu Dhabi's International Holding Company's acquisition of stakes in Sammaan Capital, a non-...
Abu Dhabi's IHC seeks CCI nod to buy 43% stake in Sammaan Capital for $1 billionAbu Dhabi's International Holding Company is set to acquire a 43.46% stake in Sammaan Capital for a substantial USD 1 billion. This signifi...
Envestcom Holding RSC fund sells 1.83 pc stake in Adani Energy Sol for Rs 1,737 crEnvestcom Holding RSC Ltd offloaded nearly 2.2 crore equity shares, representing a 1.83 per cent stake in Adani Energy Solutions Ltd (AESL)...
Dubai-based IHC’s arm sells stake in Adani EnterprisesThe stake has been acquired by Envestcom Holding RSC. Envestcom holds stakes in other Adani companies such as Adani Energy Solutions and Ad...
Adani Group stocks on verge of erasing losses linked to US bribery caseAdani Group stocks rebounded after a US legal setback, with significant gains, including Adani Green's 18%. The group's market cap rose to ...
UAE-listed stocks top $1 trillion in value for the first timeThe combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This milestone is largely att...
Adani raises $1.4 bn from stake sale in 3 cos; $9 bn raised in 4 yrsAdani Enterprises Ltd, the group's flagship firm, plans to raise Rs 12,500 crore through share sale to investors while electricity transmis...
Vedanta taps Gulf funds, explores 10% stake sale in India unitAccording to multiple sources aware of the development, Vedanta Resources has reached out to sovereign wealth funds (SWFs) and and alternat...
Abu Dhabi-based IHC commits $400 million to Adani Enterprises FPOAdditionally, AEL is close to receiving further investment commitments of $1-1.1 billion (around ₹8,100-9,000 crore) from investors in Midd...
Market movers: Adani Group stocks get 2 billion reasons to rally furtherAdani Group said Abu Dhabi’s International Holding Company PJSC (IHC) will invest $2 billion as primary capital in three portfolio companie...
Mysterious 2,572% stock rally has traders scratching their headsIt is best performing stock worldwide in the past 12 months among cos worth $1 bn or more.
- Indian Hotels to buy stake in Piem Hotels for Rs 51 crore
Piem Hotels operates hotels under 'The Gateway Hotel' brand in Nashik and Agra, and hotels under 'Vivanta by Taj' brand in Pune, Lucknow, a...
- Zurich air caterer to buy 74% in Skygourmet
The $3-billion Gate Gourmet, the world’s largest air catering company, has decided to acquire majority stake in Skygourmet from India Hospi...
- Nirula's on the block again
Malaysian buyout fund Navis Capital Partners that owns a majority stake in Nirula’s has put the Delhi-based fast-food chain on the block ag...
- Nirula's mulls food courts with Mars
The country's leading foodchain Nirula's is planning to set up food courts jointly with Mars Restaurants, even as it is looking at outsourc...