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  Google to acquire minority stake in Flipkart during new funding round

  Business | May 24, 2024 19:06 IST

  Flipkart highlighted that Google's investment, along with a cloud collaboration, will support the expansion of its business and the modernisation of its digital infrastructure, enhancing services for customers across India.

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  Google to pick 7.7 per cent stake in Jio for Rs 33,737 crore

  Business | July 15, 2020 15:52 IST

  Google will pick up 7.7 per cent stake in Reliance Industries' technology venture for Rs 33,737 crore, richest Indian Mukesh Ambani said on Wednesday.

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  Post merger, Union Bank may sell Andhra Bank’s stake in life insurance

  Business | March 30, 2020 16:46 IST

  A final decision will be taken by the board of the merged bank, based on the valuation and also meeting the regulatory guidelines, Union Bank Managing Director and Chief Executive Rajkiran Rai G has said.

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  Facebook likely to buy 10 per cent stake in Reliance Jio

  Business | March 25, 2020 15:30 IST

  Social media major Facebook is reportedly planning to buy 10 per cent stake in the country's biggest telecom company Reliance Jio.

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  Govt to sell 100% stake in Air India, says Puri

  India | December 12, 2019 16:28 IST

  The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment.

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  Burger King Corporation not to raise stake in India business: Burger King India CEO

  Business | August 29, 2019 23:35 IST

  US-based fast-food brand owner Burger King Corporation, which holds about 12 per cent stake in Burger King India, is not exploring raising its holding in India operations, an official said on Thursday.

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  IDBI to seek central government's nod on LIC's proposal to acquire 51 per cent stake in debt-ridden lender

  Business | July 18, 2018 0:08 IST

  According to a BSE filing, the lender received LIC's proposal to acquire the controlling stake, as a "promoter through preferential allotment of shares or open offer" on Monday.  

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  Entities with sufficient funds, ability to run Air India can bid for 76% stake: Finance Ministry

  Business | April 19, 2018 13:26 IST

  The government had last month floated a preliminary information memorandum inviting bidders to buy 76 per cent stake in loss-making Air India along with transfer of management control.  

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  IOC, BPCL may buy 26% stake each in GAIL at more than Rs 400 billion

  Business | March 19, 2018 18:07 IST

  At Friday's closing price of Rs 440.85 a share for GAIL on BSE, the stake is worth close to Rs 410 billion.

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  Varkey Group acquires stake to enter UAE higher education

  June 03, 2014 18:41 IST

  Dubai: Aiming to enter the fast growing higher education segment in the UAE, leading K-12 Education provider Varkey Group has announced the acquisition of a significant holding in Dubai's International Horizons College (IHC).  The group

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  Vodafone Group may sell stake in Bharti to comply with rules

  May 25, 2014 20:33 IST

  New Delhi: UK-based Vodafone Group will sell its 4.4 per cent stake in Bharti Airtel if rules no longer permit telecom operators to keep share in competitors, a top executive of Vodafone India said.In a

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  TransUnion increases stake in Cibil to 55 pc

  May 22, 2014 15:59 IST

  Mumbai: Thirteen years after it started working with Cibil, global credit and information services player TransUnion has increased its stake in the country's largest credit information bureau to a majority 55 per cent from earlier

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  Cipla to pick 14.6% stake in Chase Pharmaceuticals for $1.5 mn

  May 12, 2014 14:51 IST

  New Delhi: Drug firm Cipla Ltd on Monday said it will acquire 14.6 percent stake in US-based Chase Pharmaceuticals Corporation Inc for USD 1.5 million.The investment will be done through Cipla's wholly owned subsidiary Cipla

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  Piramal buys 20 percent stake in Shriram Capital

  April 17, 2014 23:24 IST

  Mumbai: Ajay Piramal-led Piramal Enterprises Thursday said it has agreed to buy 20 percent equity stake in Shriram Capital, the financial services arm of the Chennai-based Shriram Group, for Rs 2,014 crore.“This investment builds our

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  Diageo makes Rs 11,448.91 crore offer for 26% stake in USL

  April 15, 2014 21:32 IST

  New Delhi: The world's largest liquor maker Diageo Plc on Tuesday made a Rs 11,448.91 crore offer to public shareholders of United Spirits Ltd to acquire an additional 26 percent stake, its second attempt to

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  FIIs stake in Infosys hit 9-year high of 42% in January-March quarter

  April 13, 2014 18:47 IST

  New Delhi: Foreign investors hiked their stake in Infosys to a nine-year high of 42.10 per cent in the January-March period of 2014.This is despite the software giant expecting a sluggish growth in revenue during

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  JWT to acquire majority stake in Social Wavelength in India

  March 28, 2014 16:50 IST

  New Delhi: WPP's wholly owned global marketing communications agency JWT has acquired a majority stake in Mumbai-based Social Wavelength, a full-service social media agency, for an undisclosed amount. JWT was in talks with the agency for

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  ACC likely to buy Jaypee's stake in two cement JVs with SAIL: report

  March 24, 2014 16:22 IST

  New Delhi: Cement maker ACC is likely to buy Jaiprakash Associates Ltd's (JAL's) 74 per cent stake in two separate cement joint ventures with state-owned steel maker Steel Authority of India (SAIL).The Swiss building material

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  Piramal buys 3.5% stake in Sunteck Realty for about Rs 65 cr

  March 20, 2014 17:14 IST

  New Delhi: Ajay Piramal-led Akshar Fincom has picked up a 3.5 per cent stake in Sunteck Realty for around Rs 65 crore, according to industry sources. Piramal has acquired over 20.65 lakh shares or 3.5

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  GSK pays Rs 6400 crore to lift its stake in Indian subsidiary to 75%

  March 11, 2014 9:30 IST

  London: UK drug maker GlaxoSmithKline Plc. ( GSK ) has increased its stake in its Indian subsidiary from 50.7 per cent to 75 per cent, following a recent open offer. The company announced that the