You Searched For "Divestment plan" and got 20 results
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5 mins read
Kamala Harris' tax plan for small businesses sounds like it will cost a lot of money — it won't
The proposal may represent an opportunity for bipartisan agreement, as experts told BI that neither…
Alice Tecotzky
1 min read
Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks
"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…
Filip De Mott
4 mins read
Hedge fund turned to a wargame to plan for a Chinese invasion of Taiwan
A hedge fund turned to a tabletop wargame to see how a Chinese invasion of Taiwan could play out. I…
Michael Peck
4 mins read
Legal experts say the TikTok divest-or-ban bill could stand up in court despite being a free-speech disaster
TikTok has a strong First-Amendment argument to challenge Congress' divest-or-ban bill. It may stil…
Dan Whateley
2 mins read
Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%
The news triggered shares of both the banks as they spiked up to 20% in Wednesday’s trade. At …
1 min read
Indian government aims to raise nearly $81 billion in next four years via ‘monetisation’ of infra assets
The government of India is looking to raise ₹6 lakh crore through sale of state-owned infrastructur…
3 mins read
Vedanta plans to invest $20 bn in India in 4 years; will sell steel biz only at right price: Agarwal
"At the moment, we have a plan to invest USD 20 billion across sectors in four years time," Aga…
PTI
2 mins read
Amazon could buy 100s of grocery stores being divested by Kroger and Albertsons, according to a top research firm
Amazon's expansion into physical grocery retailing has not gone well. CEO Andy Jassy is not giving …
Gloria Dawson
3 mins read
Last date for Air India divestment plan nears — reports suggest that Tata, Adani and Hinduja Group are interested
Air India’s privatisation plan is entering its final lap. The government of India has extended the …
2 mins read
Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says
The US bank has held talks with potential asset management companies and private equity firms, but …
Shalini Nagarajan
1 min read
LIC IPO to be launched between Jan-Mar 2022
According to Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management…
2 mins read
Do you own an LIC policy? Here is how you can link your PAN before applying for the LIC IPO
India’s largest insurance company Life Insurance Corporation (LIC), on Wednesday, released advertis…
1 min read
India's top bureaucrats are meeting today to discuss Air India stake sale plan
The Narendra Modi government is striving to sell Air India to a private player after failing to fin…
3 mins read
Coal mining is the most carbon-intensive fossil fuel produced. How hard is it to transition from coal to meet sustainability goals?
Coal is one of the largest targets in the divestment movement and transition to cleaner energy. But…
Karen K. Ho
2 mins read
Fossil-fuel companies need investors to operate. Could the IPCC report help push for more divestment from them?
The movement to sell off investments in fossil fuels is gaining momentum. Greater funding to the re…
Karen K. Ho
4 mins read
India may have to sell BPCL shares for less than the best price as the government needs money
The government needs money to stimulate the economy and tax collections are likely to be down.…
3 mins read
BlackRock holds $85 billion in coal investments despite Larry Fink's focus on climate change, report shows
Asset management giant BlackRock holds $85 billion in coal investments despite boss Larry Fink's pl…
Harry Robertson
1 min read
Pizza Express prepares to shutter 67 UK restaurants, cut more than 1,000 jobs, and transfer ownership to its debtholders
Pizza Express' plans to shut restaurants and transfer its majority ownership from Hony Capital woul…
Shalini Nagarajan
5 mins read
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…
2 mins read
Sebi asks NSE to divest entire 37% stake in CAMS
The notices were in relation to certain alleged irregularities in the appointment of Chief Strateg…