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DIVESTMENT SPECULATION
Bitcoin’s worst week since FTX crash signals more pain aheadBitcoin experienced its worst week since the FTX collapse, with a modest rebound now raising concerns among analysts. Investors are pulling...- Noel, Chandra set to hold talks ahead of Tata Sons board meetTata Trusts chairman Noel Tata and Tata Sons chairman N Chandrasekaran will meet soon. They will discuss important issues before a key Tata...
- Vedanta’s historic year, strong margins and deleveraging path: Management on post-demerger strategy, listing timeline and capital allocationVedanta anticipates a historic FY26, driven by record profitability in its aluminium and zinc businesses with margins at 38% and 50% respec...
- HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offerHindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unileve...
- Tencent denies report it will sell down Didi, Meituan stakesTencent Chief Strategy Officer James Mitchell said last month that a Reuters report it intends to sell all or much of its stake in food del...
- L&T starts process to divest its 51% in IDPLEngineering giant Larsen & Toubro has initiated the process to sell its entire 51% in L&T Infrastructure Development Projects (L&T IDPL) as...
- Only select PSU stocks are worth buying: 8 stocks you can consider investing inThe government’s plan on asset monetisation and the use of special purpose vehicles for asset sale will also help several PSUs, in addition...
- Coca-Cola set to sell some bottling units to partnersThe combined value of the deals in the first phase of the selloff is estimated at Rs 1,500-2,000 crore, one of the officials said. HCCB has...
- Glenmark to divest orthopedic brand portfolio; strategic suitors line up"Glenmark is looking to sell its portfolio of brands in the orthopedic segment to raise funds in a bid to reduce its debt and invest funds ...
- Etihad says no plans to divest stake in Jet AirwaysThe leading Gulf airline also rejected aviation think tank CAPA's claim that Etihad might sell the entire stake in Jet Airways by the third...
- WEF 2015: Tax revenue growth good, divestment programme on track, says FM Arun JaitleyHe also said that the government's tax revenue collections have been good, although refunds for past periods are making an impact.
- Vibrant Gujarat Summit: Govt to sell stake in more than 1 PSU by March-end, says JaitleyThe comments follow media reports that the government is looking to sell 10 per cent stake in Coal India to raise Rs 24,000 crore.
- HCL Infosystems says no promoter stake sale in foreseeable future ; stock fallsHCL Infosystems shares fell nearly 10% as the company issued a second statement scotching all speculation of a stake sale by promoters .
- Heard on the Street: Buzz on Vijay Mallya-led UB Group selling stake in Mangalore Chemicals & FertilizersThe market was abuzz with speculation that Vijay Mallya-led UB Group plans to sell part of its stake in Mangalore Chemicals & Fertilizers.
- No immediate plans to divest stake from MindTree: SootaMindtree Ltd's outgoing Executive Chairman Ashok Soota said on Thursday he does not have any immediate plans for divesting his stake in the...
- Marico may look at restructuring portfolio, may sell brandsMarico, speculated to be selling its edible oil brand Sweekar, today said it will look at restructuring its portfolio, including divestment...
- Disinvestment road map in 3 monthsPutting an end to speculation over the government’s agenda on disinvestment, senior finance ministry officials said the government will hav...
- Market speculates IPCL, RIL merger ratioA large section in the market inclines to believe that the ratio will be 1:5, closer to current market price.
- Basu hopes positive on BHEL divestAhead of the meeting between UPA and the Left Party leaders on BHEL divestment, veteran CPI-M politburo member Jyoti Basu on Friday said th...
- DoD to approach oil ministry on IOCArmed with the mandate of the Cabinet Committee on Disinvestment to explore possibility of 'disinvesting marketing arm of IOC, the Disinves...
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