Stake Sale News

Ashok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research and healthcare ventures

India is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., to boost public finances. Hindustan Zinc and several banks are also slated for stake sales

The Kerala government has said it was not consulted about global shipping conglomerate Mediterranean Shipping Company (MSC) acquiring a 49 percent stake in Adani Vizhinjam Ports Private Limited, the concessionaire responsible for building, financing and operat

Fairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a majority stake in IDBI Bank

Shares of One 97 Communications faced a downturn following a notable block deal involving Resilient Asset Management, a firm linked to Paytm s founder. It s estimated that shares worth around Rs 2,949 crore were sold in this secondary transaction, with the pos

Resilient Asset Management plans to sell nearly five percent of Paytm shares. This stake sale is valued at approximately five thousand crore rupees

Resilient Asset Management plans to sell up to 4.98% of Paytm parent One 97 Communications through a block deal worth Rs 4,895 crore. The offer carries a 2.9% discount, potentially pressuring shares

In a bizarre turn of events, Tata Steel has sold its entire stake in Jamshedpur Football and Sporting Private Limited (JFSPL) to Churchill Brothers Sports Club for just 100 rupees. The Committee of Directors (constituted by the Board of Directors of Tata Steel

India s 158-year-old Tata Group wants its holding company to stay private. But since regulatory pressures are making it difficult to hold off a stock-market listing indefinitely, it can perhaps learn the virtue of simplicity from an even older conglomerate: Ho

BP will sell a stake in a Venezuelan gas field to Trinidad's National Gas Company. This agreement follows Venezuela granting BP a license to develop the Cocuina-Manakin field

Fairfax Holdings aims to secure a major stake in IDBI Bank through an improved offer. The collaboration with the government and LIC is set to yield about fifty-three thousand crore rupees from their combined stakes