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majority stake news

Belgian teleco Proximus to buy Indian cloud provider for $721 million. Why?

A flag with the logo of Proximus is seen at the headquarters of the Belgian telecoms operator in Brussels,
Published on Jul 17, 2023 04:25 pm IST

TV9 former CEO Ravi Prakash moves tribunal to buy majority stake in company

In his latest petition in the NCLT, Ravi Prakash said the TV9 channel had run into losses ever since the new management took over the company.( D Ravinder Reddy/HTPhoto)
Updated on Sept 15, 2020 09:05 am IST

GK supports allowing women to sing hymns at Golden Temple

HT Image
Published on Nov 08, 2019 11:08 pm IST

Deals Buzz: Blackstone may exit auto parts JV Sona Comstar via IPO in two years

Synergy Group Corp is willing to take a majority stake in Jet Airways.
Updated on Sept 03, 2019 11:34 am IST

Gaming firm Nazara acquires Sportskeeda

Mobile gaming platform Nazara Technologies Wednesday said it has acquired a majority stake in sports content website Sportskeeda.com
Published on Aug 21, 2019 10:14 pm IST

CEO, CFO quit as Jet Airways rescue talks drag on

Later in the day, Kuldeep Sharma, company secretary and vice-president of global compliance, joined the list of exits, according to regulatory filings by Jet Airways.
Updated on May 15, 2019 10:03 pm IST

Less than 15 aircraft of debt-hit Jet Airways currently operational, says government

The airline has around 119 aircraft in its fleet. In the last few weeks, the airline has been grounding its aircraft in tranches due to non-payment of dues to lessors.
Updated on Apr 03, 2019 01:26 pm IST

Pilots of Jet Airways defer strike, seek salary dues by April 14

Workers cover the cockpit window of a Jet Airways aircraft parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai on March 26.
Updated on Apr 01, 2019 02:19 am IST

Lessors doubt Jet Airways rescue plan, pull out more planes: Report

Lessors doubt Jet Airways rescue plan, pull out more planes: Report
Updated on Feb 21, 2019 06:17 pm IST

Supreme Court seeks colliery reply on mining

The Supreme Court on Tuesday sought response from ParsaKente Collieries Ltd (PKCL), a subsidiary of Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RRVUNL) over a plea seeking cancellation of coal blocks allocated to it and being run by Adani Enterprises Ltd.
Published on Nov 27, 2018 11:14 pm IST

This British woman is more than 10 times richer than the Queen

Denise Coates, the British founder and chief executive officer of online bookmaker Bet365 Group Ltd., is more than 10 times richer than Queen Elizabeth II on the back of the bookmaker’s latest accounts.
Updated on Nov 24, 2018 06:19 pm IST

Jabong to lay off 200 employees, to be merged with Myntra: Report

Jabong to lay off 200 employees, to be merged with Myntra, as per a report.
Updated on Nov 16, 2018 01:28 pm IST

RIL posts record 9,516 crore profit in Q2

Labourers rest in front of an advertisement of Reliance Industries Limited at a construction site in Mumbai, India, March 2, 2016.
Updated on Oct 17, 2018 07:53 pm IST

Indonesia’s cigarette billionaire pursues dream of winning gold at Asian Games

Michael Bambang Hartono,billionaire and professional bridge player.
Updated on Aug 23, 2018 03:51 pm IST

CCI clears US $16 billion Walmart-Flipkart deal

In May, Walmart announced acquisition of 77 per cent stake of Flipkart in its biggest takeover till date.
Published on Aug 08, 2018 09:43 pm IST

LIC board approves acquisition of up to 51% stake in IDBI Bank

LIC has been looking to enter the banking space by acquiring a majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender’s stressed balance sheet.
Updated on Jul 16, 2018 02:59 pm IST