022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Capital Market | 10 September 2012

HSBC Exits And ITC Ups Stake In EIH

by Charmi Gutka
HSBC Exits And ITC Ups Stake In EIH
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
HSBC Bank (Mauritius) Limited sold its entire stake in hotel group EIH Limited.

The bank sold over 57.44 lakh shares at R73 per share amounting to R41.93 Cr. Of these shares sold, majority (57.33 lakh shares) was bought by Russell Credit Ltd. at the same price.

HSBC held 1% stake and it fully exited. Major stakeholders in the company include LIC (6.08%), Reliance Industries Investment (18.53%), and ITC Ltd. (14.98%) as on June 2012.

Welspun Energy Raises Funds For Solar Project

Welspun Energy Raises Funds For Solar Project

Welspun Energy has raised R335 Cr long term project funds from a consortium of lenders comprising of three public sector banks and one infrastructure finance firm. The funds will be used to set up a 50 MW solar power project in Rajasthan, according to BS.

Read More...

Lenskart receives Rs.400 crore fund from IFC, Ratan Tata and others

Lenskart receives Rs.400 crore fund from IFC, Ratan Tata and others

Online retailer Lenskart Solutions Pvt. Ltd, has received Rs.400 crore fund in a Series D round from World Bank arm International Finance Corporation, Ratan Tata and Infosys co-founder Kris Gopalakrisnan. Lenskart deals in eyeglasses, contact lenses, sunglasses and eye wear accessories.

Read More...
Subscribe
Enter your Email address
to receive all the news