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…
GMR Airports’ stock drops as ADP announces plans to divest a stake valued at over $1 billion.
Shares of GMR Airports Ltd. are experiencing a decline on Friday, April 24, following Groupe ADP’s announcement regarding a phased stake…
TCL Technology reportedly considering the sale of its stake in its Indian television division.
TCL Technology is contemplating the sale of a stake in its television unit in India to local investors, with a target of raising $200 million…
Government considers alternatives for IDBI stake sale; evaluating pricing strategy.
A recent informal brainstorming session involving senior government officials focused on the strategic disinvestment of IDBI Bank, covering a…
Welspun Corp’s subsidiaries finalize the transfer of a 22% stake in EPIC for ₹2,450 crore.
Welspun Corp Ltd</a> announced on Tuesday (March 24) that its wholly owned subsidiaries, Welspun Mauritius Holdings Ltd (WMHL) and…