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ITC in Talks to Acquire 47% Stake in "Yellow Diamond" Parent Company Prataap Snacks

ITC in Talks to Acquire 47% Stake in "Yellow Diamond" Parent Company Prataap Snacks

Thu, Feb 22, 2024

ITC eyes regional market expansion with potential acquisition of leading chips maker Prataap Snacks, known for its "Yellow Diamond" brand. ITC's interest in Prataap Snacks arose after failed negotiations between Prataap Snacks and Haldiram's, and Bikaji Foods

SBI Mutual Fund buys 1.5% stake Karur Vysya Bank for Rs 190 crore

SBI Mutual Fund buys 1.5% stake Karur Vysya Bank for Rs 190 crore

Tue, Dec 12, 2023

According to the bulk deal data available with the BSE and NSE, SBI Mutual Fund (MF) purchased a total of 1,20,00,000 shares, amounting to a 1.5 per cent stake in Karur Vysya Bank.

GAIL looking to buy up to 26% stake in LNG projects in US, says report

GAIL looking to buy up to 26% stake in LNG projects in US, says report

Fri, Feb 17, 2023

India's GAIL, either directly or through its affiliates, exploring the opportunity to buy equity from an existing or post-commissioning of a proposed LNG liquefaction plant or project in the US.

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Jet Airways’ lenders to invite Expressions of Interest for bidding

Jet Airways’ lenders to invite Expressions of Interest for bidding

Mon, Apr 08, 2019

The Expression of Interest document issued by SBI, lead lender in the consortium, offered a stake from 31.2% to 75% of the company on a fully diluted basis.

ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot

ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot

Tue, May 23, 2017

ED takes possession of Vijay Mallya's United Breweries stake; Heineken in a spot. Watch the full segment for more details.

Promoters may reduce stake in Kotak Mahindra Bank

Promoters may reduce stake in Kotak Mahindra Bank

Tue, Mar 28, 2017

Promoters may reduce stake in Kotak Mahindra Bank. Watch this special segment and get to know more here.

Vijay Mallya's sweetheart deal: Sebi may order payout for small investors

Vijay Mallya's sweetheart deal: Sebi may order payout for small investors

Thu, Jan 26, 2017

Market regulator Sebi is likely to order additional payout to small investors by way of a fresh open offer in loss to minority shareholders of United Spirits promoted by Vijay Mallya and new owner Diageo.

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Wed, Jan 25, 2017

Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.

Government seeks up to $2.2 billion dividend from Hindustan Zinc: Sources

Government seeks up to $2.2 billion dividend from Hindustan Zinc: Sources

Tue, Jan 17, 2017

India is seeking a dividend of up to $2.2 billion (nearly Rs 14,636.1 crore) from partly state-owned Hindustan Zinc Ltd (HZL), three people with knowledge of the matter said, as New Delhi targets a boom in the base metal to help shore up crumbling public finances.

Fino Paytech raises Rs 149 crore from ICICI Bank's insurance arms

Fino Paytech raises Rs 149 crore from ICICI Bank's insurance arms

Wed, Jan 11, 2017

Payments bank licensee Fino Paytech on Wednesday said it has raised Rs 149 crore from ICICI Lombard and ICICI Prudential, clearing the decks for it to seek Reserve Bank of India's (RBI) final nod as it becomes a majority domestic investors-owned entity.

IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation

IndiGo, SpiceJet raise red flag over Govt's decision to allow 100% FDI in aviation

Wed, Jan 04, 2017

IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.

Saroj Poddar-owned Adventz group not keen on buying minority stake in Paytm

Saroj Poddar-owned Adventz group not keen on buying minority stake in Paytm

Tue, Jan 03, 2017

Saroj Poddar-controlled Adventz group on Tuesday said it was approached for buying a minority stake in Paytm, but has decided against it.

ONGC to buy 80% stake in GSPC's KG gas block for $995 million

ONGC to buy 80% stake in GSPC's KG gas block for $995 million

Sat, Dec 24, 2016

State-owned Oil and Natural Gas Corporation (ONGC) on Friday said it will acquire 80% stake in debt-laden Gujarat State Petrochemicals Corporation's (GSPC) KG basin gas block for $995.26 million (nearly Rs 6,621.22 crore).

Life Insurance Corporation hikes stake in Bata to 7.05%

Life Insurance Corporation hikes stake in Bata to 7.05%

Sun, Dec 11, 2016

State-owned Life Insurance Corporation (LIC) has hiked its stake in footwear major Bata India by 2.03%, taking its total shareholding to 7.05% in the company.

Info Edge ups stake in VCare Technologies to nearly 15%

Info Edge ups stake in VCare Technologies to nearly 15%

Sun, Dec 04, 2016

Info Edge (India), which owns leading job listings website Naukri.com, said it has invested an additional Rs 10 million in VCare Technologies, taking its total stake in the company to 14.77%.

Bharti Airtel buys Econet Wireless' 4.2% stake in Airtel Nigeria

Bharti Airtel buys Econet Wireless' 4.2% stake in Airtel Nigeria

Sat, Nov 26, 2016

Bharti Airtel announced on Saturday that it has completed the acquisition of Econet Wireless' entire 4.2% shareholding in Airtel Nigeria. Through the latest acquisition, Airtel's overall shareholding in Airtel Nigeria has risen to 83.25%.

ITC to sell 100% stake in King Maker Marketing for nearly Rs 160 crore

ITC to sell 100% stake in King Maker Marketing for nearly Rs 160 crore

Mon, Oct 10, 2016

India's multi-business conglomerate ITC has announced divestment of 100% stake in its wholly-owned subsidiary King Maker Marketing to United States' (US) firm Premier Manufacturing for estimated amount of $24 million (nearly Rs 159.7 crore).

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