Search For "divestment"
Updated : 1 week, 4 days ago IST
New Delhi [India], October 15 (ANI): After Tata Sons won the bid to acquire national carrier Air India, the acting Chairman and Managing Director (CMD) of the national carrier has issued an order for the management to control the expenses, till the divestment exercise is complete.
Updated : 1 week, 5 days ago IST
New Delhi [India], October 14 (ANI): Following the successful completion of the disinvestment of Air India, the government expects to carry out the divestment of BPCL in the current financial year. The government will also come up with Initial Public offerings (IPO) of Life Insurance Company
Updated : 1 month, 1 week ago IST
New Delhi [India], September 16 (ANI): National carrier Air India's divestment bids have been submitted by bidders including Tata Group along with SpiceJet Chairman Ajay Singh in his personal capacity.
Updated : 1 month, 2 weeks ago IST
Singapore, September 7 (ANI): Fitch Ratings has affirmed Bharat Petroleum Corporation Ltd's (BPCL's) long-term foreign-currency issuer default rating at BBB-minus.
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], August 31 (ANI): Larsen & Toubro has concluded the divestment of its 100 per cent stake in 99 megawatt hydroelectric power plant at Singoli-Bhatwari in Uttarakhand.
Updated : 2 months, 2 weeks ago IST
New Delhi [India], August 13 (ANI): Diversified conglomerate GMR Infrastucture Ltd on Friday announced the receipt of total first tranche consideration towards sale of 51 per cent equity owned by its wholly-owned subsidiary GMR SEZ and Port Holdings Ltd (GSPHL) in Kakinada SEZ Ltd (KSEZ) to
Mumbai (Maharashtra) [India], August 11 (ANI): Larsen & Toubro on Wednesday announced divestment of 100 per cent stake in 99 megawatt run-of-the-river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower Ltd (LTUHPL) to Renew Power Services Pvt Ltd.
New Delhi [India], August 8 (ANI): Jindal Steel and Power Limited's Board accepted the revised binding offer from Worldone Private Limited (acquirer) to divest its 96.42 per cent stake in Jindal Power Limited (JPL), a material subsidiary of JSPL, the company informed.
Updated : 3 months ago IST
New Delhi [India], July 25 (ANI/Jindal Steel and Power Ltd): JSPL prides itself in putting minority shareholder interests at the forefront of its decision making process and has decided to launch an additional transparent competitive bidding process for the proposed stake sale of JPL.
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): Diversified financial services firm Edelweiss on Friday announced divestment of its stake in Edelweiss Gallagher Insurance Brokers Ltd (EGIBL).
Updated : 4 months, 3 weeks ago IST
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
Updated : 5 months, 2 weeks ago IST
New Delhi [India], May 10 (ANI): Jindal Steel and Power Ltd (JSPL) said on Monday it has made a pre-payment of Rs 2,462 crore to its term lenders.