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NIRMA STAKE SALE
Alivus Life Sciences block deal: Promoter Nirma sells over 28 lakh shares worth Rs 390 crore; Norges Bank, Helios MF among buyersNirma sold 28.46 lakh Alivus Life Sciences shares worth Rs 390 crore through a block deal at Rs 1,370 apiece. Norges Bank, Bandhan MF and o...
SBI Mutual Fund hikes stake in Nuvoco Vistas nearly 3% for Rs 158 croreSBI Mutual Fund on Tuesday increased its stake in building materials company Nuvoco Vistas Corporation by acquiring nearly 3 per cent stake...
Promoters to sell 7.85% in Glenmark Life through OFSThe OFS will be open for non-retail investors on Thursday, with retail investors allowed to place their bids on Friday. A minimum of 10% of...
CCI approves Nirma's acquisition of Glenmark Life SciencesThe acquisition will trigger a mandatory open offer to all public shareholders of GLS for an additional 17%.
Glenmark Pharma shares fall over 6% on subsidiary stake sale to NirmaGlenmark Pharmaceuticals has entered into a definitive agreement with Nirma to divest a 75% stake in Glenmark Life Sciences for Rs 5,651.5 ...
Nirma to acquire 75% of Glenmark’s API arm for Rs 5,615 crGlenmark Pharma’s stake in the leading active pharmaceutical ingredient (API) platform will drop to 7.84% from 82.84%. The transaction valu...
Glenmark Pharma to sell 75% stake in Glenmark Life to Nirma for Rs 5,652 croreGlenmark Pharmaceuticals will sell 9,18,95,379 shares in the subsidiary at Rs 615 a share. The 75% stake sale in Glenmark Life Sciences wil...
ChrysCapital still in race to buy controlling stake in Glenmark Life SciencesPrivate equity firm ChrysCapital remains firmly in the running to buy Glenmark Pharma's stake in Glenmark Life Sciences (GLS) with rival bi...
Adani group's Ambuja-ACC, JK Lakshmi lead race to acquire Sanghi CementAdani group-owned Ambuja-ACC and JK Lakshmi are the leading contenders for acquiring Sanghi Cement, according to sources. Ahmedabad-based S...
Sanghi Cement gets non-binding offers from Nirma Group, JK OrganisationKarsanbhai Patel-promoted Nirma was described as a serious bidder for Sanghi Cement by sources ET spoke with. Bharat Hari Singhania-promote...
Nuvoco Vistas likely to file DRHP for Rs 5,000 crore IPO this weekThe IPO includes a fresh issue of Rs 1,400-1,500 crore and an offer for sale of Rs 3500 crore by the promoters, according to market sources.
Emami buyback size likely to be Rs 900-1,000 croreThe buyback could raise promoter stake to about 58 per cent, sources said.
Sensex, Nifty trade in a range; top 10 stocks in focusSensex managed to recoup losses after falling as much as 62 points in trade, led by losses in ICICI Bank, RIL, Infosys and Bajaj Auto.
Ten stocks in focus in Wednesday morning tradeIndian markets are expected to trade in a range. Here is a list of ten stocks which are likely to be in focus today.
- IFCI appointed global advisor for PSIDC stake sale in PACL
PACL today said consulting firm IFCI Limited has been appointed as global advisor for divesting state owned PSIDC's 44.26 per cent stake in...
- How Ghari overtook FMCG majors Lux and Surf to be No. 2 detergent brand in quick time
It took 15 years for Ghari to hit Rs 500 cr in sales. The next 10 years saw it adding another Rs 1,700 cr and be second only to Hindustan U...
- Nirma, Grasim among bidders for PACL divestment
Fourteen companies, including Jai Parkash Associates, Nirma, Grasim Industries on Monday submitted bids for buying stake in the Punjab gove...
- RIL seen bagging IPCL deal at over Rs 200/share
Hectic political lobbying notwithstanding, the government is set to finalise the sale of 26 per cent stake in Indian Petrochemical Corporat...
- CCD to decide on MUL divestment tomorrow, IPCL to wait
Cabinet Committee on Disinvestment will meet on Tuesday to finalise divestment of government equity in Maruti Udyog, but the issue of sale ...
- CCD meet on Feb 27 to take up Jessop sale
NEW DELHI: Cabinet Committee on Disinvestment is expected to meet on Wednesday to clear the sale of Jessop and Co and finalise transaction ...