With this deal, Reliance has sold 32.84 per cent stake in Jio Platforms Ltd and has raised a total of Rs 1,52,055.45 crore.
15 Jul 2020 4:21 PM
Deadline for expressions of interest by bidders is March 17.
27 Jan 2020 10:11 AM
YES Capital said the proceeds would go to Franklin Templeton Asset Management, with whom its shareholding of YES Bank was pledged.
01 Oct 2019 4:10 PM
The outstanding payment was part of a total bond issuance of 546.91 million dollars.
17 Jul 2019 11:04 AM
During 2018-19, Max Life recorded gross written premium of Rs 14,575 crore.
09 Jul 2019 3:38 PM
The airline currently owes Rs 8,000 crore to lenders, led by the SBI.
11 Apr 2019 1:13 PM
Qualified bidders will be expected to submit their respective binding bid(s) latest by April 30.
11 Apr 2019 11:15 AM
Jet’s lenders, under the proposed bailout terms, would hold just over 50 per cent of the airline.
08 Apr 2019 1:08 PM
Upon completion of the sale, PNB will retain a 19.8 per cent stake in PNB Housing Finance worth around Rs 3,000 crore.
08 Apr 2019 11:26 AM
The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes.
05 Apr 2019 9:34 AM
After the stake sale, Standard Life's holding in the insurance company will come down to 24.27 per cent.
12 Mar 2019 2:58 PM
Earlier this month, the home loan provider said it was keen to sell assets and some of its businesses to improve liquidity.
18 Feb 2019 2:42 PM
The open offer, at Rs 61.73 per equity share, will close on December 14.
11 Oct 2018 7:15 PM
BoI said it was looking to raise nearly Rs 1,000 crore through stake sale.
21 Sep 2018 2:16 PM
The bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company - STCI Finance - and in Sidbi.
16 Sep 2018 12:55 PM
Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital.
16 Sep 2018 12:43 PM
The previous deadline for expression of interest (EoI) was to end on Wednesday.
13 Sep 2018 1:20 PM
Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Mukesh Ambani-led Reliance Industries.
09 Sep 2018 4:32 PM
Air India is reeling under a debt burden of Rs 48,000 crore.
07 Sep 2018 2:39 PM