Divestment Plans News

Industry

Canara Bank gets board approval to sell stakes in AMC, housing finance units

Canara Bank will use proceeds from stake sales in mutual fund and housing finance units to augment resources and improve capital base

1 min read22 Nov 2017
Market

Equity supply may reach an all-time high this fiscal: Credit Suisse

Around 85% of the equity supply is expected to be in financial services and/or for the government, particularly insurance

3 min read18 Aug 2017
Industry

Warburg Pincus to buy 43% stake in Tata Technologies

Warburg Pincus will purchase 30% stake in Tata Technologies from Tata Motors and its subsidiary Sheba Properties and 13% stake held by Tata Capital

2 min read16 Jun 2017
Companies

Bank of Baroda’s credit card arm Bobcards to raise equity capital

Bobcards, however, has not disclosed the quantum of stake it plans to divest or the amount it is seeks to raise

2 min read10 May 2017
Market

Coal India’s Q3 results an improvement of sorts, but not enough

The govt plans to divest up to 10% in Coal India by August. That, coupled with weak volumes, will continue to weigh on the company's share prices

2 min read14 Feb 2017
Companies

Mistry’s last meeting as boss was on Tata Sons divestment plans

Cyrus Mistry's business plan for Tata Group, which he presented at the 15 September board meeting, didn't go down well with a few Tata Sons directors

2 min read23 Dec 2016
Companies

Govt firms plans for Coal India stake sale

Govt to invite bids from bankers, advisers this week; aims to raise $7.4 billion in all stake sales in 2013/14

1 min read9 May 2013

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