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Share Sale

MTNL board approves 10-year service pact with BSNL

MTNL board approves 10-year service pact with BSNL

Wed, Aug 14, 2024

MTNL's board has approved a 10-year service agreement with BSNL, alongside several other key proposals. These include the sale of shares in Mahanagar Telephone (Mauritius) and MTNL STPI IT Services Ltd, as well as the closure of Millennium Telecom Limited. The decisions are in compliance with regulatory guidelines and require approval from relevant departments.

Karnataka Bank to raise Rs 1,500 crore via share sale

Karnataka Bank to raise Rs 1,500 crore via share sale

Sat, Sep 23, 2023

Karnataka Bank Share Sale: The board has approved fundraising by way of preferential issue or rights issue, or QIP, or any other permissible mode, subject to necessary regulatory approval, the bank said in a filing to exchanges.

Mishtann Foods informs BSE about stake hike via open market purchase

Mishtann Foods informs BSE about stake hike via open market purchase

Tue, Nov 29, 2022

Earlier, Mishtann Food had announced plans to set up a 1,000 lilolitres per day (KLPD) grain-based ethanol manufacturing facility in Gujarat, likely commence the operations of the plant from the second quarter of 2024.

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Tata Sons plans to raise around Rs 8,200 cr via TCS share sale

Tata Sons plans to raise around Rs 8,200 cr via TCS share sale

Tue, Mar 13, 2018

After the proposed share sale, Tata Sons' holding in Tata Consultancy Services (TCS) will come down to around 72 per cent from 73.52 per cent as on December, 2017.

ICICI to sell stakes in ICICI Lombard; govt banks plan to raise 58,000 crore by selling shares

ICICI to sell stakes in ICICI Lombard; govt banks plan to raise 58,000 crore by selling shares

Tue, Jun 06, 2017

This segment of News 360 brings to you important business updates of the day. Opening of international exchange of NSE, closure of Nifty and Sensex on record levels and other significant news are featured in this segment. About Zee Business --------------------------

Philips to sell Lumileds majority share for $1.5 billion

Philips to sell Lumileds majority share for $1.5 billion

Mon, Dec 12, 2016

Dutch electronics giant Philips announced on Monday the sale of a majority share in its Lumileds LED lighting business for $1.5 billion (nearly Rs 9,979.13 crore), after cancelling the sale earlier this year over US regulatory concerns.

Motherson Sumi launches up to $300 million share sale

Motherson Sumi launches up to $300 million share sale

Thu, Sep 08, 2016

Indian car parts maker and engineering group Motherson Sumi Systems has launched a share sale to institutions worth up to Rs 20 billion (nearly $300 million), it said in a stock exchange filing on Thursday.

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