The bank said it offers to sale up to 1,04,59,949 equity shares subject to approval from the Sebi.
Ambani’s Reliance Industries Ltd, through various subsidiaries, owns a controlling stake in Network18.
Govt owns 63.75 per cent of Shipping Corp and a stake of 53.29 per cent in India’s second biggest state refiner BPCL.
Airtel will subscribe to 84,000 equity shares, equivalent to 26 per cent stake in the company.
ONGC has only got one member on the board and virtually no say in the management.
ITC may be competing with Coca-Cola Co, which has approached India's greatest cafe chain but has not made a formal offer.
Essel Group had initiated the process of divesting its key assets, with an aim to repay all the lenders by September 2019.
As on March 31, 2019, Piramal Enterprises held 2.26 cr shares amounting to 9.96 pc stake in Shriram Transport Finance Company.
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