Paving the way for BSE’s initial public offering (IPO) launch, the Securities and Exchange Board of India (Sebi) has given its final go-ahead to the draft prospectus for the estimated Rs 1,500-crore IPO by Asia’s oldest...
BSE sells 4.15% stake in CDSL
New Delhi: Leading bourse BSE has sold 4.15% stake in the Central Depositor Services (India) Ltd (CDSL) for a little over the Rs34 crore. The exchange has pared its stake in the depository to comply with the capital...
BSE plans to sell up to 30% stake in IPO
BSE, Asia’s oldest stock exchange, plans to sell up to 30% stake in its much-awaited initial public offer (IPO), which is expected to hit the market this financial year. The exchange plans to file draft papers...
Foreign SEs can buy up to 26% in BSE
Foreign SEs can buy up to 26% in BSE Foreign stock exchanges like London Stock Exchange or New York Stock Exchange would now be able to pick up stake in Bombay Stock Exchange (BSE) and other Indian bourses. The...
L&T arm inks pact with McDermott for subsea oil projects.
The hydrocarbon engineering arm of L&T has signed a long-term agreement with McDermott International for subsea projects in deepwater segment in the east coast of India. L&T Hydrocarbon Engineering Ltd (LTHE)...
TVF Media Labs partners with Pocket Aces to launch webseries on Youtube, also testing out analytics tool for CMS
TVF Media Labs partners with Dice Media, digital video division of entertainment startup Pocket Aces to launch their mockumentary comedy ‘Not Fit’ on Youtube beginning on the 12th of December. The webseries...
Astarc Ventures, Others Invest In Tech Startup Absentia
Virtual reality headset maker, Absentia has secured about R1.2 Cr in seed round led by a clutch of investors including Astarc Ventures and 50K Ventures. The company plans to use the funds towards marketing for a global...
Batliboi Ltd. merging its associate company
Batliboi Limited has a history of collaborations with various foreign technical partners and has subsidiaries like Hydraulic & General Engineers Ltd. and Batliboi International Ltd. In March 2024, the board of...
NCLT sets the ball rolling on merger of Reliance’s arm Viacom18 and Star India
The Mumbai bench of the National Company Law Tribunal has admitted the merger scheme between Reliance Industries Ltd’s Viacom18, its wholly-owned subsidiary Digital18 and Walt Disney’s Star India, marking...
GSK intends to sell its remaining stake in Haleon
British drugmaker GSK said it plans to sell about 385 million shares, representing its entire shareholding, in spun-off consumer healthcare business Haleon. The latest offload will mark the fourth set of disposal GSK...
ONGC enters the fray to acquire Ayana Renewable Power
Oil and Natural Gas Corporation has entered the fray to acquire a significant majority stake in Ayana Renewable Power Pvt. Ltd, as India’s largest crude and natural gas producer seeks to bulk up its clean energy...
Aditya Birla Fashion & Retails Scheme to undo its consolidation
Corporate Restructuring saga continues for the Aditya Birla Group. Recently, the board of directors of Aditya Birla Fashion and Retail Limited announced a vertical split by separating Madura Fashion and Lifestyle...