stake

New Delhi: Edible oil major Adani Wilmar Ltd will acquire a 67 per cent stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore.Adani Wilmar, a joint venture between Adani Group and Wilmar Group of Singapore, is one of the largest FMCG companies in India. The company has a...

New Delhi: RKN Enterprises, part of Godrej Industries Group, on Thursday sold its stake in Godrej Properties and Godrej Agrovet to members of Godrej Industries Group for Rs 1,652 crore as part of the Godrej family deal announced in April.According to block deal data available on the National...

New Delhi, Leading cement maker UltraTech Cement on Wednesday announced the acquisition of additional 25 per cent stake in UAE-based RAKWCT, taking its total stake to 54.39 per cent.Subsequently, UAE-based RAK Cement Company for White Cement and Construction Materials PSC (RAKWCT) has become a...

Harare, Washington Sundar on Wednesday said he "needs to give my 100 per cent" to stake a claim for the spin all-rounder's spot in India's T20 team, which is up for grabs following the retirement of Ravindra Jadeja.Jadeja retired from the shortest format of the game after India's recent T20...

New Delhi: Financial services company Capital Group on Wednesday sold stake in Mankind Pharma for Rs 385 crore through an open market transaction.US-based Capital Group sold 18.50 lakh shares or 0.5 per cent stake in Mankind Pharma through its associate Hema CIPEF (I) Ltd, according to block...

New Delhi, Canada Pension Plan Investment Board on Wednesday sold shares of Nykaa's parent company FSN E-Commerce Ventures and logistics company Delhivery for Rs 1,166 crore through open market transactions.According to block deal data available on BSE, Canada Pension Plan Investment Board...

New Delhi, Glenmark Pharmaceuticals on Wednesday said its board has approved the proposal to sell the remaining 7.84 per cent stake in Glenmark Life Sciences through an offer for sale in a deal worth about Rs 778 crore.The Mumbai-based drugmaker said the company's board in its meeting held on...

New Delhi: Al Mehwar Commercial Investments LLC on Tuesday sold 2.2 per cent stake in Vijaya Diagnostic Center for Rs 176 crore through an open market transaction.Al Mehwar Commercial Investments LLC sold 22.50 lakh shares or 2.2 per cent stake in Vijaya Diagnostic Centre, according to bulk...

New Delhi, Visa service provider BLS International Services on Tuesday announced the completion of the acquisition of 100 percent stake in iData Danışmanlık Ve Hizmet Dış Ticaret Anonim Şirketi and its wholly owned subsidiaries (iDATA) for approximately Rs 720 million .The acquisition was made...

New Delhi, University Living, a managed global student accommodation marketplace, has acquired a 51 per cent stake in UK-based StudentTenant.The company did not disclose the value of the deal. In a statement, the company said the strategic move aims to strengthen its presence in the UK private...

New Delhi: RKN Enterprises, part of Godrej Enterprises Group, on Monday sold shares worth Rs 3,803 crore in Godrej Industries Ltd to members of Godrej Industries Group as part of the Godrej family deal announced in April.As per block deal data available on the BSE, RKN Enterprises offloaded a...

New Delhi: The government should go ahead with disinvestment from public sector banks (PSBs) as they are in good condition, the SBI said in its research report on Monday.The report also advocates consolidation of existing state banks."Given that banks are in good condition, the government...

Mumbai: Harmonization of operating manuals across all Tata group airlines has been completed ahead of the Vistara-Air India merger and amalgamation of AIX Connect with Air India Express, it said in a statement on Monday.Currently, the steel-to-software conglomerate wholly owns three airlines –...

New Delhi, Financial services group JM Financial on Saturday said it has decided to consolidate its stake in wholesale loan syndication and distressed loan businesses under a single platform.The consolidation aims to leverage JM Financial Group's expertise to achieve higher risk-adjusted...

New Delhi: IT company Coforge on Friday bought 17 per cent stake in Signity Technologies for Rs 645 crore through an open market transaction.According to block deal data available with BSE, Coforge bought a total of 46,18,199 shares or 16.9 per cent stake in Signity Technologies.The shares...

New Delhi, QMS Medical Allied Services on Friday said it has acquired 51 per cent stake in Sarathi Healthcare for Rs 450 crore.Mumbai-based QMS MAS is engaged in the marketing and distribution of a wide range of medical products.“The acquisition of Sarathi is a natural extension of our...

According to Venture Intelligence data, this is the highest figure in the domestic FMCG sector in the last four years.In January this year, Tata Consumer Products announced the acquisition of 100 per cent stake in Organic India, a FabIndia-owned business that sells teas, infusions, herbal...

New Delhi: Digital services and solutions provider Coforge on Thursday acquired 11 per cent stake in IT company Signity Technologies for Rs 426 crore through an open market transaction.According to bulk deal data available with NSE, Coforge bought 30,21,293 shares, equivalent to 11 per cent...

New Delhi [India], Life Insurance Corporation of India (LIC) has increased its stake in IDFC First Bank, according to information provided to the exchanges on Thursday.After the increase, LIC's stake in IDFC First Bank has increased from 0.20 percent to 2.68 percent. Numerically, this increase...

New Delhi, Plutus Wealth Management LLP on Wednesday exited Yatharth Hospital & Trauma Care Services by selling its entire 2.9 per cent stake in the company for Rs 101 crore through an open market transaction.According to bulk deal data available on BSE, Plutus Wealth Management sold 25 lakh...