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Tata Sons to wholly own AirAsia India after buying remaining stake in JV

Tata to wholly own AirAsia India: In June this year, the Competition Commission of India approved Air India's proposal to buy the entire equity share capital of AirAsia India to become a single airline. ....

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Central Bank of India to exit housing fin biz; to sell stake for Rs 160 cr

State-owned Central Bank of India will exit housing finance joint venture by selling its entire stake of over 64 per cent to Centrum Housing Finance for Rs 160 crore.
This is to inform that the bank has entered into a binding agreement to divest its entire equity stake of 64.40 per cent i.e. 1,61,00,000 shares of face value of Rs 10 each in Cent Bank Home
Finance Ltd (CBHFL), to Centrum Housing Finance, subject to approvals from regulatory authorities, Central Bank of India said in a BSE filing.
According to a separate filing by Centrum Capital, the parent of Centrum Housing, the cost of acquisition is about Rs 160 crore on cash basis. ....

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