Wednesday, Jan 19, 2022 | Last Update : 08:28 PM IST

stake sale Page-2

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.

03 Sep 2018 11:57 AM

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.

31 Aug 2018 3:25 PM

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.

30 Aug 2018 1:01 PM

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.

28 Aug 2018 7:10 PM

Jet Airways denies stake sale, allays fears of debts

Jet Airways is reportedly suffering heavy losses and has been passing through a tough phase.

14 Aug 2018 8:31 AM


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.

08 Aug 2018 5:38 PM

ONGC board approves stake sale in Pawan Hans

ONGC board had first on June 29 approved exiting Pawan Hans.

06 Aug 2018 4:11 PM

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.

01 Aug 2018 4:05 PM

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.

19 Jul 2018 6:31 PM

Fortis Healthcare shortlists 4 entities for stake sale

Earlier this week, Fortis Healthcare initiated a fresh time-bound bidding process for its sale.

01 Jun 2018 4:05 PM


ONGC receives information memo from govt on HPCL stake sale

Cabinet had on July 19 approved sale of government's entire 51.11 per cent stake in HPCL to ONGC.

02 Nov 2017 2:53 PM

NLC Divestment: Institutions bid for Rs 1,000 cr worth shares

Govt has already raised over Rs 19,000 crore through minority stake sale in PSUs in current fiscal.

25 Oct 2017 6:09 PM

Govt will prefer selling Air India to domestic buyer for its divestment

Govt says it has yet to decide what to do with carrier’s debt burden of Rs 55,000 crore.

17 Oct 2017 10:40 AM

IndiGo may buy stake in Jet Airways as it dreams big

IndiGo wants to be an India-based airline with significant international presence.

06 Sep 2017 4:29 PM

Airtel stake sale in tower arm credit positive: Moody's

Moody's Investors Service rated 3.65 per cent stake sale in Bharti Infratel as credit positive for Airtel.

11 Aug 2017 11:30 AM


Bharti Airtel CEO sells stake in firm to Bharti Telecom

Bharti Airtel sold 1.21 lakh shares of the company to promoter firm Bharti Telecom for over Rs 5 crore.

11 Aug 2017 9:42 AM

'Govt will continue to support Air India during stake sale process'

Air India has drawn up a proposal to offer voluntary retirement scheme to around 15,000 employees.

10 Aug 2017 4:45 PM

BoI to raise up to Rs 626 crore via STCIF stake sale

Bank of India holds 1,13,83,781 shares in STCIFL representing 29.96 per cent stake.

07 Aug 2017 2:59 PM

HPCL stake sale: Govt seeks bids for bankers, legal firms

Government is keen to complete the transaction within the current fiscal.

30 Jul 2017 12:49 PM

Listed PSUs can meet public holding norm till Aug 18

Deadline has been extended to avoid bunching of share sale offers from state-owned firms.

14 Jul 2017 3:43 PM