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Total 766 results found. Search for [ divestment target ]

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Niti Kiran
New Delhi, September 28, 2019
IRCTC currently operates in four business segments -- internet ticketing, catering, packaged drinking water and travel and tourism; the IPO is part of the government's divestment programme, the price band for which has been fixed at Rs 315-320 per share


BusinessToday.In
September 25, 2019
IRCTC IPO: The price band of the IPO has been set at Rs 315-320 per share. The government intends to raise Rs 635.04 - 645.12 crore from the offering


BusinessToday.In
September 25, 2019
Zee Entertainment (ZEEL) shares rose as much as 5% to Rs 293.30 per share on BSE after Zee promoters met lenders for an extension of the September 30 deadline for the repayment of debt.


Nevin John
New Delhi, September 25, 2019
While the government is doing maths to find alternate revenue sources, there is another issue to take into account -- the Centre fears a deficit of nearly Rs 40,000 crore in the GST collections as compared to what it had budgeted for 2019/20


BusinessToday.In
September 18, 2019
In a regulatory filing to the exchanges, the Coffee Day Enterprises said that it had signed definitive agreements with Blackstone Group and Bengaluru-based real estate developer Salarpuria Sattva Group for investment in GV Techparks Private Limited, a wholly-owned subsidiary of Tanglin Development Limited (TDL).


BusinessToday.In
New Delhi, September 17, 2019
CARE said that the revision in rating takes into account the fall in the stock price of the underlying shares of YES Bank which are held by Morgan Credit Private Limited (MCPL) or promoters and their relatives


PTI
New Delhi, September 17, 2019
In 2012, South African coal producer Exxaro and Tata Power's wholly-owned subsidiary, Khopoli Investments, formed a 50:50 joint venture to create a new energy company, Cennergi, mainly to focus on projects in South Africa, Botswana and Namibia


PTI
New Delhi, September 17, 2019
The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector


PTI
New Delhi, September 17, 2019
K M Birla said that increasingly all the the stakeholders are demanding a higher value, order, accountability and additionally the businesses will have to earn their license to operate in the society as a whole


Rukmini Rao
New Delhi, September 17, 2019
Coffee Day Enterprises had signed definitive agreements with Blackstone Group and Bengaluru-based real estate developer Salarpuria Sattva Group for an investment of Rs 2,700 crore in GV Techparks Private Limited, a wholly-owned subsidiary of Tanglin Development Ltd (TDL)


BusinessToday.In
September 17, 2019
The sale of Global Village Tech park reportedly involves an initial payment of Rs 2,000 crore in the coming weeks while the remaining Rs 700 crore will be paid within the next one year. This is CDEL's first major divestiture in a bid to pare down its Rs 4,970 crore debt.


PTI
September 16, 2019
The Uday Kotak-led board of the IL&FS group, as part of the resolution process has initiated the sale of several group assets including education, waste management, technology, real estate and key international assets


BusinessToday.In
New Delhi, September 11, 2019
The floor price for the stake sale has been fixed at Rs 770 per equity share, a 3.73 per cent discount over Wednesday's closing price of SBI Life Insurance


Dipu Rai
New Delhi, September 11, 2019
India Today's data analysis unit DIU has found that the rate of return on capital deployment in PSUs has decreased from 25.43 per cent to 14.21 per cent over nine years


BusinessToday.In
September 9, 2019
This development comes less than a month after CDEL, owner of cafe chain Cafe Coffee Day, sold Global Village Tech Park to Blackstone. The company has been trying to divest its assets to pare its debts since the death of its founder, VG Siddhartha.


Chitranjan Kumar
New Delhi, September 4, 2019
According to latest data available with exchange, Edelweiss and Indusind Bank, the lenders to troubled Gonibedu Coffee Estate, invoked entire 5.24 per cent of the CDEL shares, the promoter company had pledged with them


BusinessToday.In
August 30, 2019
This development is in line with the beleaguered Subhash Chandra-controlled conglomerate plans to divest key assets in order to repay its lenders by the end of next month. The Group is sitting on a debt pile of over Rs 11,000 crore.


BusinessToday.In
August 27, 2019
Nearly a dozen companies have been identified in a preliminary list, including maharatna and navratna CPSEs such as Indian Oil Corporation, NTPC, Power Grid, Oil India, GAIL, BPCL, and Engineers India Limited, where the government wants to cut its direct holding to under 51 per cent


BusinessToday.In
August 21, 2019
Since Siddhartha's death, Coffee Day Enterprises has been trying to divest its assets to pare its debts. Recently, the company's board approved divestment in its GV Tech Park to Blackstone


BusinessToday.In
New Delhi, August 19, 2019
The Coffee Day Enterprises share has risen for the first time in last three-weeks after the sudden demise of its founder VG Siddhartha; the stock has fallen as much as 68 per cent since July 26, 2019, from Rs 195 to hit an all-time low of Rs 62.95 on August 16


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