Search For "divestment"
Updated : 1 month ago IST
New Delhi [India] September 16 (ANI/NewsVoir): Max India Limited, a part of the USD 3 billion Max Group, announced that it would explore a capital reduction program to reward its shareholders, as communicated during the divestment of Max Bupa by the erstwhile Max India.
Singapore, September 14 (ANI): Moody's Investors Service said on Monday that Reliance Industries Ltd's (RIL's) divestment of 1.75 per cent stake in its retail arm to private equity firm Silver Lake Partners for Rs 7,500 crore is credit positive as it will enable the Indian conglomerate to co
Beijing [China], September 14 (ANI): Chinese company ByteDance has decided not to sell or transfer the algorithm behind its video-sharing application TikTok in any sale or divestment deal, according to South China Morning Post.
Updated : 1 month, 1 week ago IST
Singapore, September 9 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus with a negative outlook.
Updated : 1 month, 2 weeks ago IST
Mumbai (Maharashtra) [India], Sep 1 (ANI): Larsen & Toubro has closed the strategic divestment of its electrical and automation business to Schneider Electric, a global player in energy management and automation.
Updated : 3 months, 1 week ago IST
Mumbai (Maharashtra)/New Delhi [India] July 14 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised in relation to the offer for sale of equity shares of Andhra Paper Limited (Andhra Paper) through stock exchange mechanism by International Paper Investments (Luxembourg) SARL (Seller), one of th
Updated : 3 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): Building materials company Prism Johnson said on Monday its board of directors has approved the divestment of entire 51 per cent holding in Raheja QBE General Insurance Company to QORQL Pvt Ltd for nearly Rs 290 crore.
Updated : 4 months ago IST
New Delhi [India], June 20 (ANI): Union Civil Aviation Minister Hardeep Singh Puri on Saturday said that he has never been as "hopeful and confident" on Air India's divestment or disinvestment as he is now.
Updated : 8 months ago IST
New Delhi [India], Feb 17 (ANI): Air India CMD Rajiv Bansal on Monday said that the challenge before the national airline's leadership is big, as he took charge as its chief here.
Updated : 8 months, 2 weeks ago IST
Kolkata (West Bengal) [India], Feb 6 (ANI): Emami Group said on Thursday it has entered into a binding agreement with Nuvoco Vistas Corporation, part of the Ahmedabad-based Nirma Group, for divestment of its 100 per cent equity stake in Emami Cement for an enterprise value of Rs 5,500 cro
Updated : 8 months, 3 weeks ago IST
Kolkata (West Bengal) [India], Feb 1 (ANI): West Bengal Chief Minister Mamata Banerjee on Saturday slammed the central government for proposing to sell a part of its shares in LIC, saying that it is a plan to "ambush the heritage and legacy of the public institutions".
New Delhi [India], Jan 27 (ANI): Civil Aviation Minister Hardeep Singh Puri on Monday said that the entire dues and arrears of Air India employees will be paid before the proposed disinvestment of the airline is concluded, as the government set the ball rolling for the privatisation of the n