RIYADH: Executives from Tullow Oil held talks with India’s ONGC Videsh Ltd. in Nairobi this week as the London-based firm seeks a strategic investor for its onshore oil project in Kenya, the company said on Saturday. A senior official at Kenya’s ministry of petroleum and mines tweeted earlier this week that ministry officials had met the Indian High Commissioner to Kenya along
Yes Bank is seeking to raise about $1 billion this financial year, the bank's chief executive officer said on Monday, as the private lender exits a reconstruction scheme after two years.
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Top investor Bay Tree cuts stake in Yes Bank by 28%
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Bay Tree was the largest anchor investor in Yes Bank’s $2 billion equity raising last year
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. Updated: 12 May 2021, 09:20 AM IST Bloomberg
Private equity firm Bay Tree India Holdings has sold a 2.1% stake in India’s Yes Bank, reducing its holding by 28%.
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Private equity firm Bay Tree India Holdings has sold a 2.1% stake in India’s Yes Bank, reducing its holding by 28%.
Bay Tree cut its stake in the embattled lender that was the center of India’s largest financial bailout last year, it said in a statement on Tuesday. It now holds a 5.4% stake after multiple sales in the open market between Jan. 6 to May 6.