stake sale
LIC board to meet tomorrow to decide IDBI Bank stake hike plan
LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.
IDBI Bank approves issuance preference shares to LIC
The move will eventually lead to acquisition of 51 per cent shareholding by the insurance behemoth in the debt-ridden lender.
LIC Board to meet on Sept 4 to decide on raising stake to 51 pc in IDBI Bank
The board will consider the proposal on August 31.
LIC to buy 14.9 per cent stake in IDBI Bank
Union Cabinet had approved LIC's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank.
Jet Airways denies stake sale, allays fears of debts
Jet Airways is reportedly suffering heavy losses and has been passing through a tough phase.
IDBI Bank gets govt nod for acquisition by LIC
Post the transaction, IDBI Bank would become a subsidiary of LIC, which will have 51 per cent stake in it.
ONGC board approves stake sale in Pawan Hans
ONGC board had first on June 29 approved exiting Pawan Hans.
LIC-IDBI Bank deal gets clearance from Cabinet
The LIC-IDBI deal has been approved, after the meeting of Union Cabinet, chaired by Prime Minister Narendra Modi.
Fortis EGM on Aug 13 to seek shareholders nod for stake sale to IHH
IHH Healthcare is expected to shell out a total of Rs 7,300 crore to acquire 57.1 per cent stake.
Fortis Healthcare shortlists 4 entities for stake sale
Earlier this week, Fortis Healthcare initiated a fresh time-bound bidding process for its sale.