Paras Defence stock up 4% on subsidiary stake sale
Paras Defence shares surged 4% after announcing the divestment of its 58.02% stake in Ayatti Innovative. The move follows strong Q2 results with a 50% profit jump. Details inside.
Category : Search result: divestment
KNR Constructions shares jump 6% after major SPV sale pact
KNR Constructions share price rallied over 6% after signing a ₹1,543 crore share purchase agreement with Indus Infra Trust for four highway SPVs. Details on the deal and Q2 results inside.
TikTok Sells US Unit to American Investor-Led Venture
Tikok signs a landmark deal to sell its US operations to an American investor-led consortium, aiming to resolve a long-standing national security dispute. Read the full details.
NYC Mayor Adams Issues Anti-Semitism Executive Orders
NYC Mayor Eric Adams issues executive orders targeting anti-Semitism and protests near houses of worship, weeks before Zohran Mamdani's inauguration. Read the full story.
BCCL IPO delayed by 6 vacant director posts
Coal India's subsidiary BCCL faces IPO delay as 6 independent director posts remain vacant. Filling these is crucial for SEBI compliance and listing process completion.
US Demands Russian Exit from Serbia's NIS Oil Company
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.
LIC Stake Sale: Govt Eyes $1.5B Divestment by Dec
Indian government plans strategic divestment of LIC stake worth up to $1.5 billion by December 2024. SEBI's minimum public shareholding norm drives this major financial move.
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