IFCI sells 0.17 per cent stake in NSE

January 2016

Financial institution IFCI Limited has sold 0.17 per cent stake in the National Stock Exchange (NSE) for Rs 296 million. Without disclosing the name of the buyer, IFCI said it had sold 75,000 shares at Rs 3,950 […]

Essar Group completed delisting of Essar Oil

January 2016

The Essar Group has completed the delisting of Essar Oil. The group now has only one listed company, Essar Shipping, which has a market capitalisation of Rs 5 billion. The delisting of Essar Oil led […]

BNP Paribas acquires 5 per cent stake in SREI

January 2016

Srei Infrastructure Finance (SREI), Srei Equipment Finance Limited (SEFL) and the BNP Paribas Lease Group (BPLG) have entered into a share purchase agreement, whereby BPLG has agreed to acquire 25,154,317 equity shares of SREI, representing […]

Nokia acquires Alcatel-Lucent

January 2016

France’s stock market regulatory body, AMF, has stated in a provisional report that Finnish telecom group Nokia’s $17 billion all-share offer for French-American rival Alcatel-Lucent has been successful. The report stated that the minimal condition […]

PNC Infratech Limited…

January 2016

PNC Infratech Limited has announced the completion of a transaction involving the sale of equity shares of Jaora-Nayagaon Toll Road Company Limited (JTCL) to Viva Highways Limited for a consideration of Rs 341.94 million. PNC […]

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