Markets | Deosthalee, Chatterjee on takeover panel

Markets | Deosthalee, Chatterjee on takeover panel

Mumbai: The Securities and Exchange Board of India, or Sebi, named Larsen and Toubro Ltd chief financial officer Y.M. Deosthalee and Tata Steel Ltd chief financial officer Kaushik Chatterjee to a takeover regulation advisory panel, according to a statement posted on its website.

*********

Capital’s PE fund sells MindTree stock

Mumbai: Capital International’s private equity fund sold a 3.9% stake in MindTree Ltd, the Indian computer services provider set up by former Wipro Ltd executives, according to a Bombay Stock Exchange filing.

Capital International Global Emerging Markets Private Equity Fund sold 1.52 million shares at Rs540.02 each of the software developer, according to the data on Tuesday.

— Bloomberg

*********

Share sale: ING Vysya raises Rs230 cr

Mumbai:ING Vysya Bank Ltd raised Rs230 crore by selling shares to institutional investors, the bank said in a statement to the Bombay Stock Exchange. The bank sold 9.27 million shares at Rs248.1 apiece, it said.

— Bloomberg

*********

Close