Microsoft Corp. will take a 4% stake in the London Stock Exchange’s corporate parent and provide cloud computer services for the financial markets company, in a deal that reflects the growing use of data and tech in...
Paytm’s Acquisition Of General Insurer Raheja Qbe Terminated As It Overshoots The Deadline
One97 Communications Ltd., which owns digital payments firm Paytm, said its share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Ltd. has been terminated as its transaction could not be...
Baring Private Equity Asia sells 6.27% stake in Coforge Ltd for ₹878 crore
Hulst BV, part of private equity investor Baring Private Equity Asia (BPEA), on Monday sold 38 lakh shares or 6.27% of Coforge Ltd, earlier known as NIIT Technologies, for ₹878 crore through block deals. As per data...
Srei Infra to list equipment finance arm via demerger scheme
Srei Infrastructure Finance Ltd NSE -1.30 %, on Monday, announced a scheme of amalgamation that will help list its equipment finance business on the stock exchanges. The company has decided to put on hold its earlier...
Piramal set to demerge pharma, finance arms, list them on stock exchange
Billionaire businessman Ajay Piramal’s Piramal Enterprises (PEL) has finalised a plan to demerge its financial services and pharmaceutical businesses and list them on stock exchanges to unlock value in the two fast...
Engie seeks to sell entire stake in Petronet LNG
France’s Engie SA plans to sell its entire 10% holding in India’s biggest importer of liquefied natural gas. GDF International, an Engie unit, has written to the four Indian state-owned companies that together own half...