09022833777
Sections
Search
Subscribe
DealCurry
Equity
Venture Capital
Private Equity
M&A

Private Equity | 13 February 2013

IDFC Plans To Part Exit From NSE

by Vivek Singh
IDFC Plans To Part Exit From NSE
Share on Social Media Email Facebook Twitter Linkedin
 
@vivek

IDFC Limited is planning to part exit from its holding in NSE by selling around 3% stake, taking it down to 3.55% from 6.55%.

The Tata Group, Vedanta, Barclays, LIC and the State Bank Group are interested in buying NSE shares.

IDBI Capital is the lead manager for this share sale process.

Last year, IDFC sold around 6 lakhs shares cutting its stake by 1.33%.

The NSE operates a nation-wide, electronic market, offering trading in Capital Market, Derivatives and Currency Derivates segments including equities, ETFs, Retail Government Securities etc.

It accounts for nearly 74% in Equity Market and more than 98% market share in equity derivatives segment. Today NSE network Stretches to more than tan 1500 locations in the country and supports more than 2, 30,000 terminals.

Element Capital To Launch Low Cost Housing Fund

Element Capital To Launch Low Cost Housing Fund

Element Capital is launching R5400 Cr ($1 Bn) fund that will invest in low-income housing fund, ET stated.

Read More...

Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

Read More...
DealCurry Timeline
TL Home Search New Keet
CONTACT US
Info@DealCurry.com
09022833777
A 314, 3rd Floor, AntopHill Warehousing Company,
Near Dosti Acres
Wadala(E),
Mumbai 400037
 
   
 
CLIENTS
USEFUL LINKS
SOLUTIONS
Copyright © EagleEye Research & Media Pvt. Ltd. 2009 All Rights Reserved - Interactive multimedia analysis platform for financial markets.
Site map |Terms of Use |Privacy Policy
DealCurry tracks financial and corporate markets for events, interprets and integrates the information in our platform, providing premium data, news and analytics. DealCurry provides comprehensive coverage of the capital markets through an intuitive, user-friendly interface.