Infosys sells entire stake in OnMobile Systems
Infosys has divested its investment in OnMobile Systems Inc for USD 2.49 million. The company in a regulatory filing stated, “..it (Infosys) has on February 15,...
Tag : stake
Zee Learn to buy 44% stake in MT Educare
Zee Learn has signed an agreement, to acquire 44.53% stake in MT Educare via preferential allotment of equity shares. Zee Learn will be investing Rs.200...
M&M to divest stake in JV Mahindra Sanyo
Mahindra & Mahindra (M&M), will be selling 22% of its stake in joint venture firm, Mahindra Sanyo to Sanyo Special Steel Co Ltd for Rs.146.32...
GMR Infra to buy 11% stake in GMR Hyderabad International Airport
GMR Infrastructure will be acquiring 11% stake in GMR Hyderabad International Airport. GMR Infrastructure’s subsidiary, GMR Airports has entered into an agreement for acquiring 4,15,80,000 shares...
Info Edge to sell stake in Zomato
Info Edge India is going to sell its stake in Zomato Media for USD 50 million. The company stated that, it has took into consideration recommendation...
ONGC to acquire 51.11% stake in HPCL
Oil and Natural Gas Corporation (ONGC) to acquire 51.11% stake in Hindustan Petroleum Corporation (HPCL) for Rs.369.15 billion. The acquisition price is at 13.8% premium...
IFCI divests 0.20% stake in NSE
IFCI has sold 0.20% stake in stock exchange NSE for Rs.92.51 crore. IFCI from time to time is selling stake in NSE. The company in...
Phoenix Mills buys stake in subsidiary company
Phoenix Mills has bought 22.67% stake in its subsidiary company. This move is a part of company’s objective of consolidating its holding in its existing...
Tata Global Beverage sells stake in joint venture firm
Tata Global Beverage has sold stake in its associate company, Estate Management Services (EMSPL). The company has divested 31.85% stake in the joint venture company Estate Management...
Kalink increases stake in Steel Strips Wheels
Kalink has increased its stake in Steel Strips Wheels under foreign portfolio investment. The company stated that, Kalink Company has acquired 13,015 equity shares of the...