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3 mins read

BlackRock holds $85 billion in coal investments despite Larry Fink's focus on climate change, report shows

Asset management giant BlackRock holds $85 billion in coal investments despite boss Larry Fink's pl…

Harry Robertson   


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4 mins read

India may have to sell BPCL shares for less than the best price⁠ as the government needs money

The government needs money to stimulate the economy and tax collections are likely to be down.…

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3 mins read

Last date for Air India divestment plan nears — reports suggest that Tata, Adani and Hinduja Group are interested

Air India’s privatisation plan is entering its final lap. The government of India has extended the …

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2 mins read

AISAM likely to take key decisions on Air India divestment on Saturday

The Centre's top group of ministers looking into Air India divestment is slated to meet on Saturday…

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2 mins read

Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says

The US bank has held talks with potential asset management companies and private equity firms, but …

Shalini Nagarajan   


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1 min read

Pizza Express prepares to shutter 67 UK restaurants, cut more than 1,000 jobs, and transfer ownership to its debtholders

Pizza Express' plans to shut restaurants and transfer its majority ownership from Hony Capital woul…

Shalini Nagarajan   


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5 mins read

Bank unions strongly oppose divestment, a bad bank and threaten to strike

Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…

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2 mins read

Air India divestment: Government may inform qualified bidders by January 30

The government was to intimate the bidders by January 5. People in the know of the developmen…

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1 min read

ICICI Bank reduces its stake in ICICI Lombard by 3.96%

While announcing its results for the quarter ended March 2020 on May 9, 2020, the bank had stat…

PTI   


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2 mins read

BEML divestment: Government to sell 26% stake, invites bids by March 1

As per the Preliminary Information Memorandum (PIM), non-operational or surplus land asset…

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2 mins read

India's largest-ever IPO may be shelved until next year

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…

PTI   


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1 min read

Lupin's arm completes stake divestment in Kyowa

New Delhi, Dec 18 () Drug maker Lupin on Tuesday said its subsidiary Nanomi BV has completed divest…

PTI   


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1 min read

Kalpataru Power inks pact to divest entire stake in JKPTL

KPTL announced the execution of share purchase agreement to sell its entire stake in JKTPL to India…

PTI   


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1 min read

Infosys divests stake in Unsilo for USD 800,000

New Delhi, Jan 28 () IT services firm Infosys on Tuesday said it has divested its shares in Unsilo …

PTI   


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2 mins read

CCI approves Reliance's divestment of Jio tower assets

New Delhi, Jan 20 () Fair trade regulator CCI has approved divestment of Reliance Jio's telecom to…

PTI   


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1 min read

Air India divestment: Second phase to begin on January 5, names of the qualified bidders will be announced

In the stage II, shortlisted interested bidders will be provided with a request for proposal (…

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2 mins read

Sebi asks NSE to divest entire 37% stake in CAMS

The notices were in relation to certain alleged irregularities in the appointment of Chief Strateg…

PTI   


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7 mins read

Adani Ports divested by Norwegian pension fund KLP on alleged ties with Myanmar junta, says it is an 'unacceptable risk' to its investment

Adani Ports and Special Economic Zone Ltd has been excluded from investment by Norway's largest pen…

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1 min read

Granules India divests entire stake in Granules-Biocause Pharmaceutical

New Delhi, Feb 4 () Granules India Ltd on Tuesday said it has divested its entire stake in Granules…

PTI   


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2 mins read

BPCL divestment opens up to mixed reactions, but the company’s shares takes a hit

The government will be selling its 53.29% stake in BPCL to a strategic buyer, also giving up man…