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3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
2 mins read
Student protests at Columbia University escalate with Hamilton Hall occupation
Hundreds of student protesters have barricaded the entrance to Hamilton Hall, with several inside t…
Beatrice Nolan
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
2 mins read
TCS shares tank over 3% after Tata Sons divests 0.65% stake
Shares of Tata Consultancy Services (TCS) plunged more than 3 per cent in the morning trade on Tues…
PTI
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
1 min read
White Iris Investment divests 4.5% stake in Apollo Tyres worth Rs 1,281 cr
Edelweiss Mutual Fund (MF), UTI MF, ICICI Prudential MF, Nippon India MF, Invesco MF, Societe G…
PTI
3 mins read
Glenmark to divest 75% stake in Glenmark Life Sciences to Nirma; stock slips
The Glenmark Pharmaceuticals stock was almost down 5% in Friday morning trade after the pharma maj…
1 min read
Bank of Baroda board approves 49% stake divestment in subsidiary BoB Financial Solutions
BOB currently holds 100 per cent of the total equity share capital of BFSL. "The details abo…
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
5 mins read
Even after the LIC IPO, Indian government may be well short of its divestment target — for a third year in a row
The union government might miss the divestment target for financial year 2022, which will be the th…
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 …
There is a little bit of suspense around the LIC IPO. Here is what experts had to say
LIC IPO is expected to fetch somewhere between ₹75,000 crore to ₹1.50 lakh crore to the governmentT…
2 mins read
Tata Steel's arm to buy debt-ridden Neelachal Ispat Nigam for ₹12,100 crore from government
The Centre's 'Alternative Mechanism' approved the bid for buying 93.71 per cent of shares of JV …
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…
3 mins read
The insurance industry needs to stop funding fossil fuels and lead on the transition to clean energy, says COP26 panel
A UN Climate Change Conference panel will highlight which insurers are enabling fossil fuel project…
Karen K. Ho
2 mins read
Tata Sons reportedly wins bid to takeover the ‘Maharaja’
SpiceJet founder Ajay Singh was also among the bidders, as per reports. Business Insider has rea…
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
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…
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…