stake

New Delhi, UK-based hedge fund Marshall Voice on Tuesday sold its stake in 21 companies including Bank of Baroda, Canara Bank, Bandhan Bank, Manappura Finance and Union Bank of India for Rs 2,365 crore through an open market transaction.Marshall Wace, through its partners – Marshall Wace...

New Delhi, Leading index provider S&P Dow Jones Indices (S&P DJI) aims to sell its entire equity stake in Asia Index Pvt Ltd (AIPL) by May 31, according to a BSE update on Tuesday.AIPL, a joint venture between S&P DJI and BSE, is known for maintaining the popular index Sensex."S&P DJI is in...

New Delhi: Co-working firm WeWork Global, which has filed for bankruptcy in the United States, is in talks with potential investors to sell its entire 27 per cent stake in WeWork India to monetize its investment, sources said. .Bengaluru-based real estate firm Embassy Group, which holds the...

Under the terms of the agreement, OrionPro will acquire 67 percent stake in Arya.AI, which will bring products and expertise in artificial intelligence deep learning, intelligent automation, PaaS, autonomous AI platform, a tailored industry solution."The acquisition of Arya.AI brings together...

New Delhi, Technology firm OrionPro Solutions on Friday said it has acquired platform-as-a-service (PaaS) startup Arya.AI for Rs 135 crore and acquired 6 per cent stake in the Mumbai-based firm.A statement from the company said the acquisition is aimed at empowering next-generation enterprise...

Infosys' board has recommended a final dividend of Rs 20 per equity share and a special dividend of Rs 8 per stock for the financial year ending March 31. The dividend will be paid on July 1.According to a regulatory filing last month, Narayana Murthy had gifted shares worth over Rs 240 crore...

New Delhi: Billionaire Gautam Adani's family invested an additional Rs 8,33 crore in Ambuja Cements, increasing their stake in the company to 70.3 per cent, which will help boost the cement maker's manufacturing capacity.The Adani family had earlier invested Rs 5,000 crore in the company on...

New Delhi: The Competition Commission of India (CCI) on Tuesday said it has approved the proposed acquisition of additional stake in ThyssenKrupp Industry India by Protos Engineering Company and Paharpur Cooling Towers.ThyssenKrupp Industries India is engaged in providing engineering...

New Delhi: Shares of Patanjali Foods surged nearly 7 per cent in intra-day trade on Tuesday after MARK indicated that incorrect shareholding data for the quarter ended indicated that US-based investment firm GQG Partners increased its stake in the company. Is.The stock closed 5.41 per cent...

New Delhi, HDFC Mutual Fund on Monday sold 2 per cent stake in VST Industries for Rs 122 crore through an open market transaction.According to bulk deal data available with BSE, HDFC Mutual Fund sold a total of 3,30,811 shares, equivalent to 2.14 per cent stake in VST Industries.The shares...

New Delhi, Life Insurance Corporation of India (LIC) on Monday said its stake in FMCG major Hindustan Unilever Limited (HUL) has increased to more than 5 per cent.LIC said in a regulatory filing that the corporation has increased its stake in Hindustan Unilever Limited from 11,74,63,555 to...

New Delhi: Public shareholders of enterprise messaging firm Route Mobile have offered shares worth about Rs 2,500 crore at the current price in the company's ongoing open offer, according to a regulatory filing.The open offer has been launched by Belgium-based Proximus Group, which is...

New Delhi, IL&FS has decided to sell its entire 26 per cent equity stake in Noida Toll Bridge Company Limited (NTBCL), which owns and maintains the DND flyover connecting Delhi to Noida.IL&FS has decided to monetize this flagship DND flyover, which was built in 2001 as one of the first roads...

Mumbai, Edelweiss Alternatives on Thursday announced it has completed a Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), which owns various road assets and power transmission lines.The deal to buy LTIPDL, a joint venture in which infrastructure major L&T held 51...

New Delhi, Edelweiss Alternatives-backed infrastructure platform Yield Plu Strategy has completed the acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL).The portfolio includes seven operating roads and one power transmission access in India, it said in a statement...

As part of the compromise formula, the CPI(M) leadership has decided to give up its stake in Kanthi Lok Sabha seat in East Midnapore district. Instead, insiders said, the Congress has been requested to give up its stake for the Ghata constituency in nearby West Midnapore district, where junior...

New Delhi, 360 One WAM (formerly IIFL Wealth Management) on Wednesday sold 5.3 per cent stake in Proteus eGov Technologies for Rs 241 crore through an open market transaction.360 One Group, through its associates, 360 One Special Opportunities Fund Series 5, IIFL Special Opportunities Fund...

New Delhi [India], India's leading payments and financial services company Paytm will soon come out with its fourth quarter FY24 numbers. Sources told ANI that while shareholding by domestic investors led by mutual funds has increased in the fourth quarter of the financial year, FDI shareholding...

New Delhi, Private equity major Bain Capital on Tuesday sold 1.08 per cent stake in private sector lender Axis Bank for Rs 3,574 crore through an open market transaction.Mirae Asset Mutual Fund (MF), ICICI Prudential MF, ICICI Prudential Life Insurance Company, Norges Bank, Morgan Stanley Asia...

New Delhi, Two entities - Lacumi Trust and Nicomac Machinery - on Tuesday sold 4.9 per cent stake in Gland Pharma for Rs 1,411 crore through an open market transaction.Lacumi Trust and Nicomac Machinery Pvt Ltd disposed of 81.20 lakh shares of Gland Pharma in separate bulk deals on the...