Browsing Tag
stake
Walmart Buys Tiger Global’s Remaining Flipkart Stake For $1.4 Billion: Report – News18
Tiger Global held a 4 per cent stake in the e-commerce leader.
According to a report in Wall Street Journal, Walmart has paid the money to boost Flipkart’s stake.
Retail giant Walmart has reportedly paid $1.4 billion to…
Tiger trail at Flipkart ends with $3.5 billion profits; fund sells remaining stake to Walmart
New York-headquartered investment firm Tiger Global informed its limited partners (LPs) last week that it has completed its exit from Flipkart, snagging $3.5 billion in total gains over the past few years of a phased selloff, two people in…
Govt to get significant stake in HPCL post preference issue – Times of India
NEW DELHI: Five years after it exited the company, the government is set to get a significant stake in Hindustan Petroleum Corporation Ltd(HPCL) as it looks to infuse equity in fuel retailers that lost money on selling petrol and diesel at…
Motilal Oswal, Raamdeo Agarawal To Donate 5% Stake Each For Charitable Purposes – News18
Motilal Oswal Financial ServicesMotilal Oswal Financial Services: The 5% stake of promoters aggregates to 10 per cent of the company's total paid-up share capitalMotilal Oswal and Raamdeo Agarawal, promoters of Motilal Oswal Financial…
Activist fund Sparta builds stake in Dr Martens after share price slump
An activist fund manager has been building a stake in Dr Martens, the globally renowned bootmaker which has seen its valuation slump amid supply chain bottlenecks and a slowdown in US sales.Sky News has learnt that Sparta…
Cipla promoter family in talks with private equity majors for stake sale – Times of India
MUMBAI: Drug major Cipla's promoters are in talks with private equity (PE) biggies, including Blackstone, Adventand KKR, to sell a part of their holding in the company. The promoters are believed to have mandated Kotak for the exercise,…
Biotech: Bharat Biotech group picks up 20% stake in Tirupur-based knitwear company Eastman Exports…
HYDERABAD: Bharat Biotech Group, primarily known for developing vaccines such as indigenous Covid-19 vaccine Covaxin, has picked up 20% stake for an undisclosed sum in Tirupur based knitwear firm Eastman ExportsGlobal Clothing Private Ltd…
M&M picks 3.5% stake in RBL Bank for Rs 417 cr, eyes to acquire more
Diversified business conglomerate Mahindra and Mahindra (M&M) has picked up a 3.53 per cent stake in private sector lender RBL Bank for Rs. 417 crore.
“We may consider further investment, subject to pricing, regulatory approvals, and…
Volkswagen buys stake in Xpeng, will jointly develop two new EVs with the Chinese automaker
Volkswagen and Xpeng will jointly develop two new VW-brand EVs for China based on Xpeng's electric G9.Chen Dongqiu | Visual China Group | Getty ImagesVolkswagen said Wednesday that it has signed a deal to jointly develop two new electric…