stake sale
Finance
Alibaba, Ant Financials exit Paytm Mall for Rs 42 crore
Five years after making its biggest bet in India’s e-commerce market, Jack Ma-led Alibaba and Ant Financials have exited Paytm ......
Infrastructure
Premji Invest to pick 10% stake in Sagar Cements for Rs 350 cr
Azim Premji’s investment arm Premji Invest Opportunities Fund on Friday agreed to pick just over 10% stake in publicly-listed cement ......
Finance
India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman
State-run Life Insurance Corp of India (LIC), which is planning the country's largest IPO next month, may not sell its ......
Infrastructure
Indian carrier IndiGo's parent skids over 4% as co-founder quits, plans stake cut
Shares of InterGlobe Aviation, the parent of India's biggest airline IndiGo, dropped on Monday after one of its co-founders resigned ......
Finance
SBI may offload 6% stake in its asset management arm via IPO
State Bank of India, India's largest and biggest public sector lender, on Wednesday said it will explore possibilities to offload ......
Healthcare
India's Biocon in talks with Mylan to merge biosimilar businesses - Moneycontrol
Indian drugmaker Biocon Ltd is in talks with generic drugmaker Mylan for a merger of their biosimilar businesses, financial news ......
Finance
IIFL Finance hands 10% annualised return to CDC on second part-exit
UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......
Finance
Carlyle arm to offload 5.1% stake in SBI Cards for $675 mn
US private equity (PE) major Carlyle’s arm has decided to offload 5.1% stake in government-backed SBI Cards and Payment Services ......
Finance
Abu Dhabi Investment Authority sells stake in large Indian private sector lender
The United Arab Emirates based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has diluted its holding below 1% in ......
Finance
PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns
Bay Tree India Holdings has sold almost a third of its stake in Yes Bank at a price that indicates ......
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