Tag: stake sale

Fairfax to buy 60.72% stake in IDBI Bank: Govt

This will be the largest foreign direct investment in the financial sector of our economy so far, and will help generate a positive sentiment...

SP Group proposes stake sale in Tata Sons

The shares are held by Sterling Investments Corporation Private Ltd. (“SICPL”) and Cyrus Investments Private Ltd. (“CIPL”). This was in the context of meetings...

JSW Energy sells stake in JSW Steel, raises Rs 3,150 crore

The company said part of a strategic liquidity release. The monetisation of a part of the shareholding in JSW Steel not only releases capital for...

Coal India arm gets nod for IPO

The Department of Investment and Public Asset Management (DIPAM) and Ministry of Coal have processed a proposal seeking approval of the alternative mechanism for...

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Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...