HDFC sells 2.4% stake in Ansal Housing, Actual Property Information, ET Actual Property

New Delhi: Housing Growth Finance Company (HDFC) has offered 14,26,497 fairness shares representing 2.4% of the paid-up share capital of Ansal Housing by means of the open market, each the businesses knowledgeable in respective BSE filings. “..HDFC has offered 14,26,497 fairness shares within the open market out of the shares acquired by means of pledging … Read more

TPG Cap, different PEs in talks to amass 26% stake in Financial institution of Baroda’s bank card division

TPG Capital, Warburg Pincus, Westbridge Capital and spokesperson home fund Gaja Capital are in early phases of talks to amass 26% stake in BOB Monetary Options, the bank card arm of Financial institution of Baroda (BoB). with growth. Nonetheless, no affirmation has been obtained from any non-public fairness group on the stated report. In keeping … Read more

ICICI Financial institution, Axis Financial institution purchase stake in Indian Oil’s three way partnership refinery

Indian Oil and Chennai Petroleum will maintain 25 per cent every within the three way partnership. (Consultant) New Delhi: Shares of Chennai Petroleum noticed sharp shopping for right this moment after non-public sector lenders ICICI Financial institution and Axis Financial institution picked up stake within the proposed three way partnership between Indian Oil Company and … Read more

BXP buys $280 million stake in Manhattan workplace constructing – Business Property Government

200 Fifth Ave. bxp paid $280.2 million to L&L Holding Firm for a 27 % stake in 200 Fifth Avenue, a 14-story, 870,000-square-foot workplace constructing in Manhattan’s Midtown South neighborhood. The agency can even act because the managing member and oversee the leasing exercise on the property. Suggested Institutional Investor JP Morgan International Alternate optionsThe … Read more

Chubb receives regulatory approval to extend its Huatai stake to 83.2%

Zurich, November 18, 2022 /PRNewswire/ — Chubb Restricted (NYSE: CB) in the present day introduced that it has obtained regulatory approval from the China Banking and Insurance coverage Regulatory Fee to extend the corporate’s possession in Huatai Insurance coverage Group Firm Restricted (Huatai) from 47.3% to 83.2% has gone. Huatai is the holding firm of … Read more

Adani Group presents to purchase further 26% stake in NDTV

Adani Group presents to purchase further 26% stake in NDTV written by Snehadri Sarkar November 12, 2022 at 07:27 pm learn 2 minutes Again in August, AMG Media Networks Ltd CEO Sanjay Puglia had outlined the acquisition of NDTV as a “milestone” for the corporate. The Adani Group on Friday formally confirmed that its open … Read more

Banking funds replace: Banking funds miss out on rally amongst small stake PSU lenders

Banking sector schemes of home mutual funds have been struggling to outperform benchmark indices as decrease allocation to shares of public sector lenders, which have been prime performers within the latest previous, impacted returns. Actively managed banking sector funds restricted their publicity to shares of public sector banks at 7-12% of their whole property, whereas … Read more

Banking funds defaulted in rally of small stake PSU lenders

Banking sector schemes of home mutual funds have been struggling to outperform benchmark indices as decrease allocation to shares of public sector lenders, which have been high performers within the latest previous, impacted returns. Actively managed banking sector funds restricted their publicity to shares of public sector banks at 7-12% of their complete belongings, whereas … Read more

7-time NASCAR champion Jimmy Johnson to accumulate possession stake in Petty GMS Racing

Jimmy Johnson is making a comeback within the Cup collection. And is reportedly set to be part of a workforce as nicely. Based on Athletic, Johnson is finalizing an settlement to have an possession stake in Petty GMS Racing. The settlement will embrace Johnson working part-time in NASCAR in 2023. The seven-time NASCAR Cup Collection … Read more

RBI permits SBI group entities to take 9.99% stake in ICICI Financial institution

The Reserve Financial institution of India (RBI) has given its approval to SBI Funds Administration Restricted (SBIFML/SBI Mutual Fund) to obtain as much as 9.99 per cent of funds together with different group entities of the State Financial institution of India (SBI) group- ICICI Financial institution. fairness capital. As of the top of December 2021, … Read more