Home » stake sale

You Searched For "stake sale"

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank approves issuance preference shares to LIC

The move will eventually lead to acquisition of 51 per cent shareholding by the insurance behemoth in the debt-ridden...

31 Aug 2018 3:25 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC Board to meet on Sept 4 to decide on raising stake to 51 pc in...

The board will consider the proposal on August 31.

30 Aug 2018 1:01 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC to buy 14.9 per cent stake in IDBI Bank

Union Cabinet had approved LIC's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank.

28 Aug 2018 7:10 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC board to meet tomorrow to decide IDBI Bank stake hike plan

LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.

3 Sept 2018 11:57 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt working on strategic sale of Air India subsidiary AIATSL

Air India is reeling under a debt burden of Rs 48,000 crore.

7 Sept 2018 2:39 PM IST

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Pawan Hans stake sale: Govt extends deadline for initial bids

The previous deadline for expression of interest (EoI) was to end on Wednesday.

13 Sept 2018 1:20 PM IST

Reliance Industries limited

Reliance buys 16.31 pc in Genesis Colors, acquires stake in 5 more cos

Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Mukesh Ambani-led Reliance Industries.

9 Sept 2018 4:32 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

BoI looks to raise Rs 1,000 crore from sale of non-core assets, real...

The bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company - STCI Finance -...

16 Sept 2018 12:55 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt planning strategic sale of 4 Air India subsidiaries soon

Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital.

16 Sept 2018 12:43 PM IST

Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10. Photo: PTI

Bank of India invites bids for stake sale in 3 associate companies

BoI said it was looking to raise nearly Rs 1,000 crore through stake sale.

21 Sept 2018 2:16 PM IST

Airtel said it has already launched innovative and affordable International roaming packs for all major countries across the world.

Airtel stake sale in tower arm credit positive: Moody's

Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.

11 Aug 2017 11:30 AM IST

Starting April 1, Airtel customers roaming within India will enjoy free incoming calls and SMSes .

Bharti Airtel CEO sells stake in firm to Bharti Telecom

Bharti Airtel sold 1.21 lakh shares of the company to promoter firm Bharti Telecom for over Rs 5 crore.

11 Aug 2017 9:42 AM IST