ABG Shipyard,which is locked in a takeover battle for Great Offshore with
Bharati Shipyard, today sold 8.27% stake in the offshore drilling firm, but said that its open offer for additional stake will start from tomorrow.
Liquefied gas importer, Petronet
LNG Ltd (PLL), is keen to acquire up to 10 per cent stake in
ONGC Petro-additions Ltd (OPaL), which is setting up a cracker
complex in Gujarat, a senior ONGC official said.
Based on the recommendation of
the Foreign Investment Promotion Board (FIPB), the government
has deferred a decision the proposals of Analjit Singh and
Asim Ghosh to part-sell their minority stakes in Vodafone
Foreign fund HSBC Global Investment
Funds, Mauritius has acquired 0.68 per cent stake in engineering major, Larsen and Toubro, after buying shares worth Rs 628.72 crore, through an open market transaction.
A Chinese state-owned oil company is in talks with Nigeria to acquire stakes in some of the world`s richest oil blocks, in potentially one of Beijing`s biggest overseas oil deals, a daily said on Tuesday.
The London Stock Exchange and the New York Stock Exchange Euronext may pick up a five percent stake each in MCX Stock Exchange, India`s newest bourse, a newspaper report said, citing two people close to the development.