Stake Sale

The government will sell 5 per cent stake in Hindustan Copper through an offer for sale, the company said in a regulatory filing to the stock exchanges late Wednesday evening

Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).

Government is aiming to complete privatisation of Air India and Bharat Petroleum Corporation Limited (BPCL) during the current financial year.

Vodafone Idea Shares: The shares nosedived more than 17 per cent to fresh 52-week lows a day after Kumar Mangalam Birla offered to hand over his stake to the government

The Cabinet approved plans to allow 100 per cent foreign direct investment in state-run oil companies in which a strategic stake sale is announced.

The Centre is likely to receive financial bids for its 100 per cent stake sale in Air India, by September 15, 2021 from qualified interested bidders.

The modalities of LIC's initial public offering such as issue size, pricing and timing will be decided by a panel headed by Finance Minister Nirmala Sitharaman

Mahindra & Mahindra said that its subsidiary Erkunt Traktor Sanayi A.S. (Erkunt), will acquire the Agriculture Machinery business from Hisarlar Makina Sanayi ve Ticaret Anonim irketi (Hisarlar) in Turkey, and will sell their entire stake in Hisarlar.

The government has proposed to sell a 4 per cent stake in NMDC through an offer for sale on July 6-7 at a floor price of Rs 165 per share

Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.

In 2010 when Panasonic bought 1.4 million Tesla shares, they were valued at only $30 million.

Panasonic sold its stake in electric car maker Tesla for about JPY 400 billion (roughly Rs. 26,790 crores) in the year ended March, a spokesperson for the Japanese company said.

The proposed transaction relates to Heineken's potential acquisition of additional equity stake up to 16.40 per cent shareholding in United Breweries

Commerce Ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100 per cent foreign investment in oil and gas companies

As part of recently announced acquisition of Ensono by KKR, Wipro has sold its entire stake in Ensono Holdings, LLC for a consideration of US$ 76.24 million, Wipro said

The government will sell 5 per cent stake in Hindustan Copper through an offer for sale, the company said in a regulatory filing to the stock exchanges late Wednesday evening

Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).

Government is aiming to complete privatisation of Air India and Bharat Petroleum Corporation Limited (BPCL) during the current financial year.

Vodafone Idea Shares: The shares nosedived more than 17 per cent to fresh 52-week lows a day after Kumar Mangalam Birla offered to hand over his stake to the government

The Cabinet approved plans to allow 100 per cent foreign direct investment in state-run oil companies in which a strategic stake sale is announced.

The Centre is likely to receive financial bids for its 100 per cent stake sale in Air India, by September 15, 2021 from qualified interested bidders.

The modalities of LIC's initial public offering such as issue size, pricing and timing will be decided by a panel headed by Finance Minister Nirmala Sitharaman

Mahindra & Mahindra said that its subsidiary Erkunt Traktor Sanayi A.S. (Erkunt), will acquire the Agriculture Machinery business from Hisarlar Makina Sanayi ve Ticaret Anonim irketi (Hisarlar) in Turkey, and will sell their entire stake in Hisarlar.

The government has proposed to sell a 4 per cent stake in NMDC through an offer for sale on July 6-7 at a floor price of Rs 165 per share

Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.

In 2010 when Panasonic bought 1.4 million Tesla shares, they were valued at only $30 million.

Panasonic sold its stake in electric car maker Tesla for about JPY 400 billion (roughly Rs. 26,790 crores) in the year ended March, a spokesperson for the Japanese company said.

The proposed transaction relates to Heineken's potential acquisition of additional equity stake up to 16.40 per cent shareholding in United Breweries

Commerce Ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100 per cent foreign investment in oil and gas companies

As part of recently announced acquisition of Ensono by KKR, Wipro has sold its entire stake in Ensono Holdings, LLC for a consideration of US$ 76.24 million, Wipro said