Rs 4,500 crore mutual fund money at stake in Voda Idea; Templeton markdown hits 6 schemes
The telco’s survival will now depend on its ability to garner funds to pay the statutory dues.
Damani increases stake in India Cements
Shares of India Cements which have surged 22 per cent so far this year ended at Rs 86.60 on Tuesday.
Successful disinvestment of BPCL, CONCOR to lay foundation for much bigger stake sell programme: Garg
Announcement of a strategic disinvestme...
Standard Chartered Bank offloads entire stake in Orissa Sponge Iron
The sale which happened through off-market transactions took place on Wednesday.
Sundaram Finance to sell entire 10% stake in Equifax Credit lnformation
Both the companies have executed an agreement to this effect.
YES Bank jumps 3% on acquiring 10.25% stake in Sical Logistics
YES on Wednesday informed bourses that it has acquired 60 lakh shares in Sical Logistics.
GMR Infra hits fresh 52-week high on raising divestment stake in GMR Airports
The scrip jumped as much as 4.38 per cent to hit a fresh 52-week high of Rs 25.
Vu grows television sales in India in FY20, open to selling stake
Vu has also exited the basic television range in India. However, Saraf said by value the company will either hold onto its 2018-19 revenue of Rs 1,000 crore or may report slight grow since television prices have dropped last year across the range due to drop in global panel prices.
Canara Bank calls off Can Fin Homes stake sale
In June, Canara Bank had received board approval to sell part or entire 29.99 per cent stake in the subsidiary.
Goldman Sachs says it sold out of Uber stake after IPO lockup expired
Chief Financial Officer Stephen Scherr said on the bank’s earnings call Wednesday that it closed its position in Uber in the fourth quarter last year. Goldman owned about 10 million shares of Uber at the time of the IPO, turning a $5 million wager using the firm’s own money back in 2011 into a major windfall.
Religare Enterprises jumps 5% as Ashish Kacholia, Mukul Agrawal pick stake
Religare Enterprises is a diversified financial services group present across three verticals.
Ashish Kacholia, Mukul Agrawal pick up stake in Religare
Kacholia picked up 40 lakhs shares while Agrawal bought 26 lakh shares at Rs 44 per share on Monday, bulk deal data on the NSE showed.
Jhunjhunwala cuts stake in Federal Bank, 3 others in Q3; laps up Titan
His shareholding in Firstsource Solutions fell by 0.32 per cent to 19,300,000 shares.
Air India cost saving plans to add over Rs 700 crore per annum, as govt readies plan to divest stake
While one initiative of moving to one ticket booking software for domestic flight bookings would save about Rs 519 crore in 2020, the other initiative of putting a bigger aircraft on Delhi-London route and smaller Dreamliner on Delhi-Washington route would add about Rs 100 crore to airline’s bottom line.
Blackstone nears deal to buy stake in Allcargo’s unit
Allcargo’s board is expected to approve the proposal on Monday.
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