Government to divest 76% stake in Air India
The government proposes to sell up to 76% stake in Air India and transfer the management control to private parties The government would retain 24% stake...
Tag : divest
L&T to divest up to 2% stake in L&T Technology Services
Larsen & Toubro (L&T) will divest up to 20.49 lakh shares in L&T Technology Services, with a view to comply with the minimum public shareholding rules....
Punjab National Bank to divest entire stake in Principal PNB AMC JV
Principal Financial Group and Punjab National Bank (PNB) has signed shares purchase agreement for giving Principal Group full ownership of the Principal-PNB Asset Management Company...
IDBI Bank to divest 30% holding in NEGIL
IDBI Bank as a part of exercise to exit from the non core business, will be selling 30% stake in NSDL e-Governance Infrastructure Ltd (NEGIL). In...
IDBI Bank to divest stake in NSDL
Industrial Development Bank of India (IDBI), has received approval from its board of directors to sale 7% of its stake in National Securities Depository Limited (NSDL). In...
Allahabad Bank proposes to divest stake in Sompo Insurance
Allahabad Bank has a medium term target to sell its 30% holdings, in Universal Sompo General Insurance. This will be done with a view to sell...
Thomas Cook to divest 5.42% stake in Quess Corp
Thomas Cook India has received approval from its board, to sell 5.42% stake in its subsidiary Quess Corp, with a view to raise fund of...
Qatari investor to divest stake in Bharti Airtel
A Qatari investor is planning to sell 5% stake in Bharti Airtel for approx Rs.95 billion. According to a deal term sheet, Three Pillars Pte, an...
Mahindra group, Kedaara to divest stake in Mahindra Logistics IPO
The Mahindra group and Kedaara Capital will divest 13.5% of their respective holding in Rs.830 crore Mahindra Logistics (MLL) initial public offering (IPO). According to...
Tata Steel divest its 50% holding in Tata Elastron
Tata Steel has divested its entire 50 percent stake in Tata Elastron SA for euro 0.368 million (around Rs 2.7 crore) to the joint venture...