LIC currently holds around 7.5% stake in IDBI Bank, and will acquire the remaining stake from the government, said Subhash Chandra Garg
2 min read16 Jul 2018Japanese major Tokio Marine hikes its stake in non-life insurance venture IFFCO-Tokio to 49% by acquiring additional shares in the company for Rs2,530 crore
2 min read7 Jul 2017Kotak Mahindra Bank announces that it is buying out British partner Old Mutual's entire 26% stake in its life insurance arm for Rs1,292.7 crore
3 min read29 Apr 2017The planned investments in Intouch Holdings and Bharti Telecom is aimed at boosting Singtel's market share in the two markets
1 min read17 Aug 2016According to a report, the talks are at an advanced stage with Tata Steel holding an option to increase the stake at a later stage
1 min read1 Apr 2016Russian government approves a deal for ONGC to acquire a 15% stake in the Vankor oilfield for $1.3 billion from Rosneft, says Interfax news agency
1 min read25 Mar 2016In its filing to stock exchanges, Tata Global Beverages said it has sold 9.25 million shares of Titan through a block deal transaction executed on BSE
1 min read22 Mar 2016Ashoka Buildcon says it has entered into a share purchase agreement with peer PNC Infratech to purchase 24.42 million shares in Jaora-Nayagaon Toll Road Co.
1 min read7 Dec 2015Nippon Life will increase its ownership in the asset management company from 35% to 49%
1 min read14 Oct 2015Vice chairman Chung Eui Sun buys 1.44% stake in Hyundai Motor to protect the stock and help a struggling family group-owned shipbuilder
1 min read25 Sep 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared