Hyundai Motor exits Ola Electric with 552 crore stake sale; Kia also offloads shares – Times of India

South Korean auto major Hyundai Motor Company has fully exited Ola Electric Mobility, selling its entire 2.47% stake for Rs 552 crore through an open market transaction on Tuesday.As per…

Continue ReadingHyundai Motor exits Ola Electric with 552 crore stake sale; Kia also offloads shares – Times of India

British American Tobacco trims ITC stake by 2.5% in Rs 12,941 crore deal to boost financial flexibility – Times of India

British American Tobacco Plc (BAT) on Wednesday divested a 2.5 per cent stake in Indian conglomerate ITC Ltd for Rs 12,941 crore through open market transactions, reducing its shareholding in…

Continue ReadingBritish American Tobacco trims ITC stake by 2.5% in Rs 12,941 crore deal to boost financial flexibility – Times of India

Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India

Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an entity established by the company's current investors. The entity…

Continue ReadingNazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India

Adani group to exit Adani Wilmar, sell stake to raise over $2 billion – Times of India

NEW DELHI: Adani group on Monday announced its complete exit from the FMCG joint venture Adani Wilmar, selling its entire stake to Singapore-based partner Wilmar International and through the open…

Continue ReadingAdani group to exit Adani Wilmar, sell stake to raise over $2 billion – Times of India

US fund Warburg Pincus sells 6.5% in Kalyan Jewellers for Rs 3,584 crore – Times of India

NEW DELHI: Private equity major Warburg Pincus on Thursday sold a 6.45% stake in jewellery retailer Kalyan Jewellers for Rs 3,584 crore via open market transactions. Meanwhile, the Singapore govt,…

Continue ReadingUS fund Warburg Pincus sells 6.5% in Kalyan Jewellers for Rs 3,584 crore – Times of India