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stake

Samsung Buys $450 Million Stake in Chinese Electric Car Firm BYD

August 3, 2016 sristy SMARTPHONE

Samsung Electronics is to pay CNY 3 billion ($450 million or roughly Rs. 3,022 crores) for a stake in Chinese automaker and rechargeable batteries firm BYD Co Ltd, the Chinese company said in a stock […]

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redBus Acquires Majority Stake in Peru’s Busportal

July 31, 2016 sristy APP

Ibibo Group-owned redBus has bought a majority stake in Peru-based bus ticketing platform Busportal for an undisclosed amount, a move that will help the Indian entity foray into the Latin American market. redBus, which also […]

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Ruias Plan To Sell Some other 25% Stake In Essar Oil

July 2, 2016 sristy TECH

New Delhi: After stitching a deal to Promote 49 in step with cent stake in Essar Oil to Russia’s Rosneft, the Ruia circle of relatives is calling at promoting Any other 25 in keeping with […]

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Techwave Launches Open provide To accumulate 26% Stake In Moschip Semiconductor

June 12, 2016 sristy TECH

New Delhi: Singapore-based totally IT agency Techwave has released an open provide to collect a 26consistent with cent stake in digital chip design company Moschip Semiconductor technology forapproximately Rs 20.7 crore. IIFL Holdings restricted, which […]

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Flipkart Investor Tiger global Cuts Stake in Amazon

June 3, 2016 sristy NEWS

Tiger global management, the largest investor in Indian e-trade giant Flipkart, has decreased its stake in US rival Amazon by way of about two–third within the January-March 2016 area. The hedge fund has reduce its […]

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India Approves ATC Acquisition of Majority Stake in Viom Networks

April 18, 2016 sristy TECH

India on Wednesday approved top telecom towers company ATC Asia Pacific to acquire majority stake in Viom Networks for Rs. 5,856.51 crores. “The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has […]

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Verizon to Buy 24.5 Percent Stake in AwesomenessTV

April 18, 2016 sristy TECH

Verizon Communications Inc said it agreed to buy a 24.5 percent stake in AwesomenessTV, whose YouTube channels are among the most popular on the video site, for about $160 million (roughly Rs. 1,063 crores). AwesomenessTV, […]

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Apple, FBI Stake Out Conflicting Positions Before Congress

March 9, 2016 sristy SMARTPHONE

The US government calls it a “vicious guard dog” that hurts national security. Apple says it’s critical to protecting consumer privacy against increasingly sophisticated hackers. As the debate over built-in iPhone encryption has deadlocked in […]

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RBI eases stake sale rules in start-ups

March 4, 2016 sristy MONEY

The RBI said it would clarify certain other issues that are permissible under current rules. Photo: Ramesh Pathania/Mint Mumbai: The Reserve Bank of India (RBI) allowed overseas investors to sell their stakes in Indian start-ups […]

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Alibaba in talks to buy Flipkart stake

March 4, 2016 sristy MONEY

Jack Ma, founder of Alibaba Group. If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group. Photo: […]

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