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Sony top contender for Olympus equity tie

Sony Corp is the leading contender among firms jostling for an equity stake in Olympus Corp.

Yahoo considers selling Asian assets: Report

The proposal values Yahoo`s entire Alibaba stake at around $12 billion and its stake in Yahoo Japan ...

‘Foreign airlines` stake in India will be a disaster`

Government is likely to take a final decision on allowing foreign airlines to pick up stake in India...

Jaya to stake claim to form government on Sunday

Armed with the landslide mandate in the Assembly polls, AIADMK chief Jayalalithaa will Sunday call...

India has huge stake in your success: Menon told Holbrooke

A top Indian diplomat had told Richard Holbrooke within a month of his appointment that New Delhi ha...

Railway stake in East West Metro may fast track completion

CPI(M)-led West Bengal govt, which was earlier not keen to work with the Railways, a portfolio held ...

Railway stake in East West Metro may fast track completion

CPI(M)-led West Bengal govt, which was earlier not keen to work with the Railways, a portfolio held ...

`India showed itself as a responsible global stake holder`

India has shown itself as a responsible global stake holder, a senior Obama Administration official ...

SC pulls up I-T Dept for causing delay in high-stake matters

The Supreme Court today pulled up the Income Tax Department for inordinate delay in moving courts ...

RCom board okays strategic stake sale

RCom has given in-principle approval to dilute 26% equity in a strategic sale.

US says it has significant stake in building stable Pak

The US has said it has a significant stake in building a stable and democratic Pakistan.

No plans to divest stake in Shipping Corp, Dredging Corp: Govt

The govt has no plans to divest stake in Shipping Corporation of India and Dredging Corp of India,...

Citigroup sells shares worth Rs.480 cr of 35 Indian firms

Foreign fund house Citigroup Global has sold shares valued over Rs 480 crore of 35 Indian companies,...

RIL ups offer for LyondellBasell

Reliance Industries Ltd has recently sweetened its offer to buy a controlling stake in bankrupt chem...

No interest in buying stake in Swaraj Mazda: Tata Motors

Auto major Tata Motors today said it has no interest in acquiring stake in commercial vehicle make...

VW says it acquires 49.9% stake in Porsche

German auto maker Volkswagen has announced that it had acquired a 49.9-percent stake in luxury sport...

IOC to have 26-49% stake in nuke power plant with NPCIL

Indian Oil Corp, the nation`s largest oil firm, on Monday said it will take 26-49 percent stake in...

ABG Shipyard sells stake in Great Offshore

ABG Shipyard,which is locked in a takeover battle for Great Offshore with Bharati Shipyard, today s...

Govt clears stake sale by Sistema-Shyam to Russian agency

The government has cleared a proposal by the CDMA telecom operator Sistema-Shyam to sell up to 20 ...

Iran may give 40% stake in South Pars gas field to Indians

Iran is believed to be ready to offer 40% stake in a giant gas field in the Persian Gulf to ONGC, a...

Suzlon sells 35.22% stake in Hansen for Rs 1,700 cr

Wind turbine maker Suzlon Energy Friday said it has sold 35.22 per cent stake in Belgian firm Hansen...

GE, Vivendi $1 bn apart over NBC Universal stake: Report

General Electric (GE.N) and Vivendi (VIV.PA) are at least $1 billion apart in their valuation of the...

‘Highest bid in DPSC stake sale should be treated as floor price’

The Calcutta HC has ruled that the highest bid received in the 57% stake sale of DPSC should be trea...

Petronet may acquire up to 10% stake in OPaL

Liquefied gas importer, Petronet LNG Ltd (PLL), is keen to acquire up to 10 per cent stake in ONGC...

Govt defers decision on Vodafone stake sale by Singh, Ghosh

Based on the recommendation of the Foreign Investment Promotion Board (FIPB), the government has d...

NTPC stake sale to fetch govt over Rs 8,100 crore

The government Friday said it is expecting to raise about Rs 8,100 crore from the five per cent stak...

HSBC Global acquires 0.68% stake in L&T for Rs 628.72 cr

Foreign fund HSBC Global Investment Funds, Mauritius has acquired 0.68 per cent stake in engineerin...

Indiabulls Financial hikes stake in Suzlon to 6.38%

Wind energy major Suzlon on Thursday disclosed that financial services major Indiabulls has hiked ...

MTNL, BSNL short-listed for acquiring stake in Zamtel

MTNL and BSNL have been short-listed as qualified bidders for acquiring stake in Zambia`s leading te...

Unitech rises 2% after govt`s nod to Telenor for stake hike

Shares of Unitech, rose by 2.35 per cent on the Bombay Stock Exchange in late morning trade on Tuesd...

NTPC stake sale to boost market sentiment: Analysts

The government`s nod for stake sale in state-run power utilities - NTPC and Satluj Jal Vidyut Nigam ...

No plans to divest stake in BHEL: Govt

The government Thursday ruled out any immediate plan to disinvest its stake in power equipment maker...

Cairn India sells stake, raises $1.6 billion

Rajasthan crude oil fields operator Cairn India Thursday said it had sold a 2.3 percent stake to Mal...

Govt to sell 5 percent stake in NTPC: Report

The government plans to sell 5 percent of its stake in power producer NTPC Ltd, through a follow-on ...

FDIC sells stake in Corus Bank assets

The Federal Deposit Insurance Corp. has agreed to sell a 40 percent stake in a portfolio of Corus Ba...

Will not stake claim for CM`s post: Rane

Asserting that Congress-NCP coalition will return to power with an absolute majority, Maharashtra ...

China seeks major stake in Nigerian oil: Report

A Chinese state-owned oil company is in talks with Nigeria to acquire stakes in some of the world`s ...

ING to sell Australia, NZ jv to ANZ for $1.6 bn

ING said it will sell its 51 percent stakes in ING Australia and ING New Zealand to joint venture pa...

Suzlon promoters offload 4.50% stake for about Rs 689 cr

Wind power major Suzlon Energy on Wednesday said three of its promoters have offloaded 7 crore shar...

IOC may shell out 1,100 cr to buy 5% stake in Oil India

Indian Oil Corp will buy one crore equity shares or five percent stake in Oil India Ltd before the...

Berger Intl to sell entire stake in Hong Kong unit

Paint major Berger International Ltd today said it will sell its entire stake in Berger Paints (Hong...

Govt to divest 5% stake in NTPC by year-end

The government on Thursday said it would divest about five per cent of its stake in state-run powe...

Govt mulls stake sale along with IPO in SAIL

The government is considering divesting some of its stake in the country`s largest steel producer ...

LSE, NYSE Euronext eye Indian bourse stake: Report

The London Stock Exchange and the New York Stock Exchange Euronext may pick up a five percent stake ...

Berger Intl to sell stake in Malaysia unit for Rs 2 cr

Coatings producer Berger International Ltd will sell its entire stake in loss making Malaysia-based ...

Govt to divest stake in 6-7 cos in next 12 months: Finance Secy

The government will offload equity in six to seven state-owned companies in the next 12 months, Fina...

Chinese group to sell stake in Lenovo parent

A Chinese science group is offering to sell part of its controlling stake in the parent of Lenovo Gr...

Govt may acquire RBI`s stake in Nabard, NHB by Dec

The government is likely to pick up Reserve Bank`s stake in the National Bank of Agriculture and R...

ONGC gets nod to partner L N Mittal for Satpayev stake buy

The govt has given ONGC nod to partner billionaire Lakshmi N Mittal for buying out 25% stake in Kaza...

Time Warner buys back Google`s 5% stake in AOL for $283 mn

Media conglomerate Time Warner has purchased back Google`s five percent stake in ailing internet f...

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