Indian Gas Exchange submits IPO application as parent company IEX aims to reduce its stake.
Indian Gas Exchange (IGX) has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an…
Premier Explosives aims for ₹600-700 crore in FY27 revenue following Apollo Micro Systems stake purchase.
Premier Explosives aims for ₹600-700 crore in revenue for the financial year 2026-27 (FY27), backed by its ₹1,500 crore order book and ongoing…
Biocon stocks attract attention as Mylan, owned by Viatris, prepares to sell its stake through a block transaction: Sources
Mylan, a subsidiary of Viatris, is planning to divest a portion of its 5.64% stake in Biocon Ltd via a block deal, as per insider information.…
SBI Fund Management IPO Launching on July 14; SBI to Offload 6.3% Stake via OFS.
India’s largest bank, the State Bank of India (SBI), announced on Wednesday (July 8) that its subsidiary, SBI Funds Management Ltd…
Government initiates GIC Re’s OFS to divest up to 5% stake; minimum price set at ₹352 per share.
On Monday (June 15), the Government of India initiated an Offer for Sale (OFS) involving state-owned reinsurer General Insurance Corporation…
SoftBank’s attempt to secure a $6 billion margin loan backed by its stake in OpenAI encounters hurdles: Report
Negotiations between SoftBank Group and potential creditors to secure at least $6 billion through a margin loan backed by its stake in OpenAI…
LIC launches fintech division to accelerate digital transformation, considers strategic investments as CEO R. Doraiswamy details IT strategy and prepares for potential stake dilution.
Insurance leader LIC is actively exploring the establishment of a fintech division, either through strategic investments or organic growth, to…
China’s SAIC Plans to Divest Additional 10% Stake in Indian Automotive Joint Venture to Local Partner JSW: Report
SAIC Motor of China is set to divest an additional 10% stake in its Indian car manufacturing venture, JSW MG Motor, according to two sources…
Trump comments on U.S. government’s investment in Intel: “I could have demanded a higher stake.”
US President Donald Trump stated he “should have requested more” ownership in Intel on behalf of the US government during an…
Coal India Approved for Listing of Mahanadi Coalfields with a Potential 25% Stake Sale Through IPO and OFS
India’s largest coal producer, Coal India Ltd, announced on Friday (May 15) that the Department of Investment and Public Asset…