TechM acquires 22.14% stake in Comviva for Rs.227 crore
Tech Mahindra has acquired an additional of 22.14% stake in Comviva Technologies Ltd (CTL) from Bharti Group for Rs.226.9 crore. The company stated, “Tech Mahindra...
Tag : stake
JSW Techno Projects Management to acquire 49% stake in BRPL
JSW Techno Projects Management will acquire 49% stake in Odisha based iron ore pellet manufacturer Brahmani River Pellets (BRPL). It is estimated that the deal will...
Warburg Pincus intends to acquire 49% stake in CAMS
Warburg Pincus, the US based private equity firm is likely to buy 49% stake in Computer Age Management Services (CAMS), which is India’s largest share registry...
Emami to buy 30% stake in Helios Lifestyle
Emami will buy 30% stake in Helios Lifestyle. Helios Lifestyle owns male grooming brand The Man Company. The amount of the deal was not disclosed. According...
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...
Sequoia Capital divests stake in Just Dial
Sequoia Capital has sold 1.03 million shares of Just Dial on Monday, thereby bringing down its stake in Just dial from 5.17% to 2.18%. According to...
Tata Steel to acquire 74% stake in BPPL
Tata Steel will be acquiring 74% stake in Bhubaneshwar Power Private Ltd (BPPL),from JL Power Ventures Private Ltd for Rs.255 crore. This acquisition will help Tata...
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...
M&M to increase stake in its financial services arm
Mahindra & Mahindra will increase stake in its financial services arm, Mahindra & Mahindra Financial Services Ltd (MMFSL) to 53.25%. It will purchase 2.5 crore shares for...
RIL divests stake in Marcellus Shale
Reliance Industries (RIL) has divested its stake in one of the 3 shale gas assets in the US, to BKV Chelsea for USD 126 million. As per...