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LIC, SBI Life, Canara Bank pick up stakes in Indian Bank under QIP
LIC picked up 17.80% of the shares issued under the qualified institutional placement
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Heineken acquires 14.98% more stake in UBL
The move comes a day after Sebi exempted Heineken from the obligation of making an open offer following its proposed acquisition of shares in UBL
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IDBI Bank sale: Govt invites bids from merchant bankers
The last date for submission of bids by both transaction advisor and legal advisors is July 13, DIPAM said
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CCI approves Heineken's additional stake acquisition in UBL
This, however, is subject to the outcome of certain court proceedings, a combination notice filed with the Competition Commission of India (CCI) noted
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HDFC Bank to buy stake in group's general insurer from HDFC
The transaction, indicative to be closed by September this year, will require approval from insurance sector regulator Irdai and banking regulator RBI
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IDBI Bank looks to divest stake in Asset Reconstruction Co.
IDBI Bank intends to sell 6,23,23,800 equity shares, constituting approximately 19.18% of the total equity share capital of Asset Reconstruction Co.
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Tata Digital acquires majority stake in BigBasket
The acquisition presents an attractive opportunity for Tata Group in its overall vision of creating a digital ecosystem
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BPCL may sell some stake in IGL, Petronet to shed promoter status
BPCL holds 12.5 % of the shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 % stake in city gas retailer, IGL
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Life Insurance Corporation ups stake in Union Bank of India to over 5%
LIC held 3.09% stake in UBI earlier, representing 19,79,23,251 equity shares of the bank
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Carlyle Group sells 4% stake in SBI Life for Rs 3,900 crore
According to bulk deal data available with the BSE, Carlyle Group, through its entity CA Emerald Investment, sold 4.1 crore shares, amounting to 4% st
