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DIVESTMENT STRATEGY
Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...
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...
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...
The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, TaiwanA sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks...
NHPC offer plugs into green energy appeal, more suited for patient playNHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to ...
Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on MondayThe Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale...
JSW Energy sells 2.5 crore JSW Steel shares for Rs 3,150 cr via bulk dealJSW Energy on Monday said it sold 2.5 crore equity shares in JSW Steel through a bulk deal on the NSE, raising Rs 3,150 crore. Following th...
Buy, Sell or Hold: Elara Capital maintains a buy rating on Oil India; Goldman Sachs retains a buy rating on JSW SteelBrokerage firms are optimistic about specific market segments. Strong earnings, supportive policies, and better balance sheets are driving ...
Telangana govt seeks Centre’s approval for Rs 38,595-crore Hyderabad Metro Phase-II projectTelangana government seeks Union government approval for the ₹38,595 crore Hyderabad Metro Rail Phase-II project. Chief Minister Revanth Re...
L&T Q4 Results: Profit falls 3% YoY to Rs 5,326 crore; co declares Rs 38/share dividendL&T Q4 Results: Larsen & Toubro reported a 3% YoY decline in Q4 net profit to Rs 5,326 crore, despite an 11% revenue growth to Rs 82,762 cr...
China's TCL in talks with local companies to sell 51% in Indian plantChinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7...
Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
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...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
Push to unwind Bitcoin hoarder shows once-hot trade failingShareholders of London-listed Satsuma Technology Plc are urging the Bitcoin accumulator to liquidate its remaining $50 million in tokens an...
L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividendL&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engine...
No decision yet on India unit listing; exploring strategic options to boost value: Pernod RicardFrench spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enh...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
ESR secures $850 million from existing shareholders to fund Asia growthAsia-Pacific-focused asset owner and manager ESR said on Thursday it has secured $850 million in fresh equity from existing shareholders to...