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HCL Founder Shiv Nadar Gifts 47% Of His Stake To Daughter Roshni Nadar Malhotra. All About Her
In a strategic succession plan, HCL Group Founder Shiv Nadar has gifted 47% of his stake in HCL Corp and Vama Sundari Investments (Vama Delhi), the group's promoter entities, to his daughter Roshni Nadar Malhotra.
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IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore
InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
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IndiGo Promoter Shobha Gangwal Sells Shares Worth Rs 2,801 Crore
InterGlobe Aviation's promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions.
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Singtel Arm Pastel Sells 1.59 Percent Stake in Bharti Airtel for Nearly Rs. 7,300 Crore
Pastel, an entity of Singtel, on Thursday divested 1.59 percent stake in Bharti Airtel for Rs. 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1...
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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
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"Cinderella Story Now Game Of Thrones": What Musk's Twitter Snub May Mean
Elon Musk's rejection of a Twitter board seat frees him to boost his ownership stake in the social media platform and dodge obligations to promote its best interests, experts warned Monday.
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Amazon Sends Legal Notice to Future Group Over Reliance Deal
Amazon.com said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries .
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F1: Alex Albon Replaces Pierre Gasly At Red Bull From Belgian GP
Red Bull Racing has promoted Alexander Albon to the A-team with the young driver replacing Piere Gasly from the Belgian Grand Prix onwards. As much as the announcement comes as unprecedented, it is not surprising given the team's history of pulling moves like this. The swap will see Albon driving alongside Max Verstappen at Red Bull, while Gasly ha...
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Mahindra To Buy About 16 Per Cent Stake In Zoomcar For Rs. 176 Crore
Mahindra today announced that the company will invest Rs. 176 crore in Bengaluru-based Zoomcar. As part of this deal, Mahindra Group will get approximately 16 per cent stake in Zoomcar Inc., on an as converted to common stock of Zoomcar Inc on a fully diluted basis.
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After Weak Market Debut, ICICI Lombard Shares Recover
ICICI Lombard's IPO was purely an offer for sale, in which its promoter ICICI Bank offloaded a 7 per cent stake and Fairfax Financial sold a 12 per cent stake.
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NDTV Says There's Been No Change In Ownership
NDTV has informed the BSE that the promoters of the Company have not entered into any agreement for sale of their stake in the Company to any person.
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DLF Promoters To Sell Entire Stake In Rental Arm for Rs 12,000 Crore
K P Singh and family would sell 33.34% stake in DCCDL to Singapore's sovereign wealth fund GIC for Rs 8,900 crore.
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Sinopec Teams Up With Tencent in Retail Ahead of Stake Sale
The partnership is considered to be aimed at promoting the growth potential of Sinopec's non-fuel retail business ahead of the planned sale.
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Jet-Etihad deal cleared by investment board but with conditions
After a 90-minute meeting, the Foreign Investment Promotion Board or FIPB today gave approval, with some riders, to the Rs. 2,058 crore Jet-Etihad deal, which proposes a sale of 24 per cent stake in India's Jet Airways to Abu Dhabi's Etihad Airways. It will now need the Cabinet's nod.
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KXIP promoters apply to BCCI for sale of stakes
The promoters of King's XI Punjab have applied to the Cricket Board seeking permission to sell 93 per cent of their stake in the IPL franchisee.
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HCL Founder Shiv Nadar Gifts 47% Of His Stake To Daughter Roshni Nadar Malhotra. All About Her
In a strategic succession plan, HCL Group Founder Shiv Nadar has gifted 47% of his stake in HCL Corp and Vama Sundari Investments (Vama Delhi), the group's promoter entities, to his daughter Roshni Nadar Malhotra.
-
IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore
InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
-
IndiGo Promoter Shobha Gangwal Sells Shares Worth Rs 2,801 Crore
InterGlobe Aviation's promoter Shobha Gangwal on Wednesday sold a nearly 2.9 per cent stake in the company for a little over Rs 2,800 crore through open market transactions.
-
Singtel Arm Pastel Sells 1.59 Percent Stake in Bharti Airtel for Nearly Rs. 7,300 Crore
Pastel, an entity of Singtel, on Thursday divested 1.59 percent stake in Bharti Airtel for Rs. 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1...
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Vodafone Idea Stake to Be Acquired by Government When Share Price Reaches Rs. 10 or Higher: Report
The government is set to acquire a stake in Vodafone Idea but only after the company s stock has settled at Rs. 10 or a higher value, according to a report citing an official source. The proposal to acquire a stake in Vodafone Idea was reportedly cleared by the finance ministry in July, and is expected to give the government a 33 percent stake in ...
-
"Cinderella Story Now Game Of Thrones": What Musk's Twitter Snub May Mean
Elon Musk's rejection of a Twitter board seat frees him to boost his ownership stake in the social media platform and dodge obligations to promote its best interests, experts warned Monday.
-
Amazon Sends Legal Notice to Future Group Over Reliance Deal
Amazon.com said on Wednesday it has sent a legal notice to a promoter of Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries .
-
F1: Alex Albon Replaces Pierre Gasly At Red Bull From Belgian GP
Red Bull Racing has promoted Alexander Albon to the A-team with the young driver replacing Piere Gasly from the Belgian Grand Prix onwards. As much as the announcement comes as unprecedented, it is not surprising given the team's history of pulling moves like this. The swap will see Albon driving alongside Max Verstappen at Red Bull, while Gasly ha...
-
Mahindra To Buy About 16 Per Cent Stake In Zoomcar For Rs. 176 Crore
Mahindra today announced that the company will invest Rs. 176 crore in Bengaluru-based Zoomcar. As part of this deal, Mahindra Group will get approximately 16 per cent stake in Zoomcar Inc., on an as converted to common stock of Zoomcar Inc on a fully diluted basis.
-
After Weak Market Debut, ICICI Lombard Shares Recover
ICICI Lombard's IPO was purely an offer for sale, in which its promoter ICICI Bank offloaded a 7 per cent stake and Fairfax Financial sold a 12 per cent stake.
-
NDTV Says There's Been No Change In Ownership
NDTV has informed the BSE that the promoters of the Company have not entered into any agreement for sale of their stake in the Company to any person.
-
DLF Promoters To Sell Entire Stake In Rental Arm for Rs 12,000 Crore
K P Singh and family would sell 33.34% stake in DCCDL to Singapore's sovereign wealth fund GIC for Rs 8,900 crore.
-
Sinopec Teams Up With Tencent in Retail Ahead of Stake Sale
The partnership is considered to be aimed at promoting the growth potential of Sinopec's non-fuel retail business ahead of the planned sale.
-
Jet-Etihad deal cleared by investment board but with conditions
After a 90-minute meeting, the Foreign Investment Promotion Board or FIPB today gave approval, with some riders, to the Rs. 2,058 crore Jet-Etihad deal, which proposes a sale of 24 per cent stake in India's Jet Airways to Abu Dhabi's Etihad Airways. It will now need the Cabinet's nod.
-
KXIP promoters apply to BCCI for sale of stakes
The promoters of King's XI Punjab have applied to the Cricket Board seeking permission to sell 93 per cent of their stake in the IPL franchisee.
