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LAND DIVESTMENT
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...- Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
- Unplug dead PSUs PS bureaucratic zzzIndia's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...
- 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...
- JSW Group to monetise Akzo Nobel’s land assetsJSW Group is set to generate significant funds by selling unused land from its recent Akzo Nobel India acquisition. This move could recover...
- Indian market faces AI narrative problem; it'll be smallcaps over largecaps for next 5 years: Manish GunwaniIndian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from eme...
- Disinherited in a Will? A settlement deed can still give son or daughter rights over propertyA Kerala High Court ruling clarifies that a settlement deed holds legal power over a Will. Even if children are excluded from family proper...
- AstraZeneca India plans to sell 64-acre Bengaluru site for Rs 3,400 croreThe land parcel, expected to fetch about ₹3,400 crore for AstraZeneca Pharma India, has drawn interest from developers including the Sattva...
- Oriental Trimex to divest land assets, granite unitOriental Trimex plans to sell land and a granite unit in Odisha to cut costs and improve efficiency. The company is set to begin quarrying ...
- CapitaLand Investment, MIDC to sell Pune IT park for ₹1,350 crCLI and MIDC will divest their respective 78.5% and 21.5% shareholding in Ascendas IT Park that owns the International Technology Park in P...
- CapitaLand Investment, MIDC to sell Pune IT Park to CapitaLand India Trust for Rs 1,350 crSingapore-headquartered CapitaLand Investment (CLI) and its joint venture partner Maharashtra Industrial Development Corporation (MIDC) hav...
- India cuts railway land licensing fee, clears decks to privatise ConcorIt is expected that this decision will speed up the sale of the Centre's stake in Container Corporation of India. Wednesday's development i...
- Railway land use policy may be tweaked for Concor selloffThe move is expected to facilitate strategic divestment of government-owned Container Corporation of India Ltd (Concor) by making the deal ...
- Finance Ministry to seek Cabinet nod for setting up company to monetise land assets of privatisation-bound CPSEsA special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to th...
- SPV to monetise PSU land in last lap“It will be more or less like a permanent entity, which would continue to monetise land assets. Separate set of expertise and people will b...
- Surplus land of CPSEs under disinvestment to be sold at market rate: GovtPetroleum and Natural Gas Minister Dharmendra Pradhan told Rajya Sabha during Question Hour that the surplus land issue of CPSEs will be "d...
- Deepak Fertilisers & Petrochemicals sells non-core industrial land in Dahej for Rs 99 crDeepak Fertilisers & Petrochemicals on Tuesday said it has divested one plot of its industrial land in Dahej, Gujarat for Rs 99 crore, as p...
- DLF lines up Rs 800 cr for land acquisitionDLF plans to make an average quarterly investment of 300-400 crore over the next couple of quarters to acquire land.
- Govt begins valuation of CIL for IPOThe department of divestment has undertaken a valuation exercise of Coal India’s (CIL) shares ahead of its proposed initial public offer. T...
- PSU selloff: Land valuation flayedA Parliamentary committee has severely criticised the government on the issue of land valuation in divestment of stake in PSUs, saying asse...
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