Stakes

Delhi HC barred Zostel’s plea to take up 7% in Oyo

The Delhi High Court outrightly refused Zostel's plea to take up 7% ownership in Oyo, much ahead of Oyo's IPO.

JP Morgan plans to buy a majority stake of close to 75% in Volkswagen’s payments business

JP Morgan plans to invest in and rebrand the payments business and expand its mobility-focused payments to other industries.

Byju’s $1 Billion deal to acquire Aakash Educational Services

Tata Group likely to buy majorty stake in BigBasket, competing with China’s Alibaba

Lakshmi Vilas Bank investors oppose merger with DBS bank, seek RBI to rethink

Elon Musk gains 15 billion dollars, likely to become world’s third-richest person

Flipkart Group acquires gaming startup Scapic to offer 3D shopping experience

Finance Ministry invites bids from actuarial firms for valuing LIC

Government of India plans to sell its 25% stake in LIC to the General Public Bidders

India is on its way to seek cabinet's permission to sell a 25% stake in the nation's largest life insurer, LIC, as Prime Minister Narendra Modi is attempting to find resources to plug a widening gap.