Tag: Acquisition

IDBI stake sale likely by end of FY26: Dipam secretary

Business
NEW DELHI: With due diligence for the sale of govt stake in IDBI Bank completed, Centre is all set to invite financial bids during the Dec quarter as it expects to shortlist the...

Central banks are building a haven of bullion assets

Economy
MUMBAI: Central bank gold appetite, although not as voracious as the 1,000-tonne-a-year purchases in the past three calendar years, remains largely undiminished globally as this group of institutional buyers diversifies its asset base beyond the...

Strategic Value Partners completes acquisition of stake in Birdsboro Power facility

Market
Strategic Value Partners (SVP), an alternative investment firm managing assets worth approximately $22bn, has announced the acquisition of a stake in...

Diversified Energy finalises $1.27bn Maverick acquisition

Market
Diversified Energy has completed the acquisition of Maverick Natural Resources, a private oil and natural gas development and production company in...

Trump’s Ex-Secretary Of State Mike Pompeo Backs Nippon Steel’s $14.9B Acquisition Of US Steel Citing National Security Concerns

Market
President-elect Donald Trump‘s Former U.S. Secretary of State Mike Pompeo has thrown his support behind...

Moody’s upgrades OYO parent Oravel Stays rating; outlook stable

Stocks
Moody's Ratings has upgraded the corporate family rating (CFR) of Oravel Stays Limited -- travel tech platform OYO's parent firm -- and the...

Centrum to sell stakes in housing finance arm by March

Economy
Kolkata: The Centrum Group is likely to finalise the sale of its housing finance subsidiary by the end of this fiscal, with the...

Sebi to auction 15 properties of five companies on Nov 19

Stocks
Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries India...

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