divestment
Finance
Equitas Holdings divests entire stake in logistics tech arm
Ahead of its much-awaited merger with Equitas Small Finance Bank, Chennai-based Equitas Holdings has divested its entire shareholding in logistics ......
Infrastructure
NIIF, CDC-backed Ayana Renewable closes deal to buy 100% stake in ACME's solar plant
National Investment and Infrastructure Fund (NIIF)-owned Ayana Renewable Power Private Ltd (Ayana), announced the closure of a deal to divest ......
TMT
Edelweiss gets regulatory nod to divest 100% in insurance broking biz
Financial services firm Edelweiss Group on Monday announced the divestment of its majority stake in Edelweiss Gallagher Insurance Brokers Ltd ......
Finance
IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit
IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......
Finance
M&A momentum to be buoyant as majority of Indian companies plan to sell assets
Dealmaking in India, which touched a record high last year, is unlikely to lose momentum anytime soon with as many ......
Finance
Oriental Bank of Commerce plans to sell stake in life insurance JV
State-run Oriental Bank of Commerce plans to divest its stake in its life insurance joint venture as part of efforts ......
Manufacturing
Govt wants ONGC to list overseas unit to help meet divestment target
The Indian government has asked its biggest state-owned firm, Oil and Natural Gas, to list its overseas unit ONGC Videsh, ......
Manufacturing
State-run warship maker Garden Reach gets SEBI nod for IPO
The Securities and Exchange Board of India (SEBI) has okayed the initial public offering plan of Garden Reach Shipbuilders & ......
Manufacturing
Sandhar Tech's IPO covered 6 times; Midhani issue booked one-fourth on first day
Auto parts maker Sandhar Technologies Ltd’s initial public offering, which closed on Wednesday, was subscribed a little more than six ......
Infrastructure
Foreign investors can now own up to 49% of Air India
India cleared a proposal on Wednesday to allow foreign investors to own up to a 49 percent stake in state-run ......
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