Stake Sale
Business  /  Published 13.06.20

TPG picks 0.93% stake in Jio Platforms

Reliance Industries on Saturday said it had sold 0.93 per cent stake in its digital unit to global alternative asset firm TPG for Rs 4,546.80 crore, taking the cumulative fund raising to over Rs 1.02 ...
By PTI in New Delhi

Business  /  Published 13.10.19

Push for sub-51% stake plan

The Union cabinet is expected to soon consider the Narendra Modi-government’s plan to reduce the Centre’s stake in certain public sector undertakings to below 51 per cent, while continuing to reta...
By R. Suryamurthy in New Delhi

Business  /  Published 22.09.19

Yes Bank stake sale

The holding of the Rana Kapoor family in Yes Bank has dropped to 6.89 per cent following a stake sale by one of the promoter group entities in the private sector bank.In a regulatory filing on Saturda...
By Our Special Correspondent in Mumbai

India  /  Published 06.07.19

Union Budget: Divestment target set at Rs 1 lakh crore

The stake sale target of the government has been increased to Rs 1,05,000 crore for 2019-20 from Rs 90,000 crore set in the interim budget, which would help the government in meeting the fiscal defici...
By Our Special Correspondent in New Delhi

Business  /  Published 19.06.19

Govt weighs 100% AI stake sale

The government is exploring the possibility of completely exiting Air India by selling its entire 100 per cent stake in the troubled national carrier. After last year’s botched attempt at a selloff,...
By Our Special Correspondent in New Delhi

Business  /  Published 19.05.19

Selloff list in the making

The finance ministry is preparing a list of state-owned firms that can be put up for stake sale soon with the next government set to be formed in the coming weeks.“We are making a list of the state-...
By R. Suryamurthy in New Delhi


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