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SBI DIVESTMENT
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...
Premier Energies shares gain 4% after Nomura, Quant, others purchase stake in Rs 2,289 crore bulk dealPremier Energies shares climbed 4% following a large bulk deal. The promoter family divested shares worth approximately Rs 2,289 crore. Sev...
Premier Energies bulk deal: Promoters sell stake worth Rs 2,289 crore; Quant, Nomura among top buyersPremier Energies' promoters divested shares worth nearly Rs 2,289 crore to institutional investors, including Smallcap World Fund and Quant...
Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concernsRetail investors are being urged by market analysts to steer clear of the government's shares sale in Central Bank of India. The bank's cur...
Delhivery block deals worth Rs 186 crore see Goldman Sachs, Morgan Stanley, MFs step in; Nexus sells stakeLogistics firm Delhivery witnessed substantial block deal activity as Nexus Venture Partners offloaded shares. Goldman Sachs, Morgan Stanle...
Six investors buy 1.6% stake in Delhivery for Rs 530 crore; Nexus Venture Partners sells stakeA total of 1.20 crore equity shares, representing a 1.6% stake in Delhivery, were purchased by Paris-based BNP Paribas, SBI Mutual Fund (MF...
SBI to launch IPO for SBI Funds Management, plans to divest 6.3% stakeState Bank of India plans to sell a 6.3% stake in its asset management arm, SBI Funds Management Limited. This divestment will be carried o...
Jio Financial buys out SBI's stake in payments bank JVJio Financial Services will acquire full ownership of Jio Payments Bank after SBI's divestment of its 17.8% stake. With the deal valued at ...
SBI board okays to divest 8.5% stake in UTI Trustee CoThe divestment, it said, has been approved to comply with Regulation 7B of the Securities and Exchange Board of lndia (Mutual Funds) (Amend...
Reducing stake in UTI AMC a strategic move: Dinesh Kumar Khara, SBISBI bringing down its stake in UTI AMC to below 10%
SBI gains on divesting 4% stake in insurance armThe proposed transaction values SBI General Insurance at over Rs 12,000 crore.
Stake sale values SBI general insurance arm at Rs 12,000 croreThe lender will sell SBI General Insurance stake to Axis AMC and PI Opportunities fund.
Government inches closer to divestment targetOf the Rs 72,500 crore disinvestment target set for the fiscal, Rs 15,000 crore was to be achieved through strategic sales.
SBI life undecided on IPO timing, quantity of dilutionAn insurance company going for a public offer has to shed a minimum of 10% stake as per the Indian regulations but the SBI-BNP Paribas join...
SBI in final stages of divesting stake in SBI LifeSBI said it would sell up to 5% of its stake and is in talks with global sovereign wealth funds and strategic investors.
NHAI allows two developers to divest stake in Tamil Nadu project"NHAI has allowed 100 per cent divestment of shareholding of the Concessionaire of the 4-laning of highway project Ulundurpet-Padalur secti...
SBI gets approval to divest 10% stake in SBI Life InsuranceThe executive committee of the central board of the bank authorised the divestment on Monday, State Bank of India said in a statement to th...
- SBI to do the valuation of Tidewater for Andrew Yule
Andrew Yule & Co has shortlisted State Bank of India (SBI) to carry out the valuation of its 26.2% stake in Tidewater Oil — the company whi...
- IRDA draws insurers divestment map
Irda has decided to issue a scheme of divestment - a set of guidelines on the basis of which promoters of private insurance companies will ...
- SBI Caps to fix price for 26% govt share in Modern Foods
MUMBAI: SBI Capital Markets has been appointed as the sole advisor for determining the fair market value of the 26 per cent equity holding ...