Tag Archives: Stake

Apple considers bidding for big stake in Toshiba chip business – report

April 14, 2017 Comments Off on Apple considers bidding for big stake in Toshiba chip business – report

Apple Inc (AAPL.O) is considering teaming up with its supplier Foxconn to bid for Toshiba Corp’s (6502.T) semiconductor business, Japanese public broadcaster NHK reported on Friday – the latest twist in the sale of the world’s second-biggest flash memory chipmaker. The U.S. technology giant is considering investing at least several billion dollars to take a stake of more than 20 ... Read More »

New ETF To Monetise Government Stake In Listed PSUs, Other Firms

July 21, 2016 Comments Off on New ETF To Monetise Government Stake In Listed PSUs, Other Firms

New Delhi: The Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) as an additional mechanism to monetise government’s stake in listed PSUs and other companies. The ETF may include government stake in companies held through Specified Undertaking of Unit Trust of India (SUUTI) as well as those in which it still has some holding. The Department ... Read More »