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Business

India to sell up to 10% of utility NTPC in potential RM9.4bil deal

MUMBAI: India’s government said it will sell a 5% stake in top power producer NTPC Ltd through a stock market auction, with a greenshoe option to sell another 5% in a deal that could raise up to US$2.2bil (RM9.4bil).

Football

Report: Vincent Tan not looking to sell Cardiff City but open to offers

PETALING JAYA: Tan Sri Vincent Tan is not looking to sell the Cardiff City Football Club, though he is open to offers, BBC reports.

World

Tennis ball-sized 'diamond in the rough' too big to sell

TORONTO (Reuters) - In the mysterious world of diamond mining, it turns out that some stones are too big to sell.

Business

Right timing for EPF to sell London properties?

PETALING JAYA: The Employees Provident Fund’s (EPF) move to divest some of its key London properties begs the question: is this the right time to sell?

Business

S. Korea to sell stake in Woori Bank

SEOUL: South Korea will attempt to sell a 30% stake in Woori Bank by the end of this year in a move that could recoup nearly US$2bil of taxpayer money spent bailing out the bank nearly two decades ago, having tried and failed to sell a majority stake four times since 2010.

Business

Trump calls stock sell-off 'a correction,' says Federal Reserve is 'crazy'

ERIE, Pa.: U.S. President Donald Trump said that Wednesday's stock market sell-off was in fact a long-awaited "correction," and that the Federal Reserve, which has been raising U.S. interest rates, had gone "crazy."

Nation

Improve economy, not sell govt assets, says Najib

PETALING JAYA: Datuk Seri Najib Tun Razak has questioned whether the steps being proposed to sell the assets owned by Malaysia are pawning the country's future to cover up the financial hole stemming from the government's populist moves.

Business

Hey, oil giants: Looking to sell renewables? Funds are all ears

NEW YORK: If more oil and gas companies want to follow Enbridge Inc’s lead and sell renewable energy assets, there are plenty of institutional investors ready to pounce.

Business

Veon in advanced talks to sell towers in Pakistan to Axiata's edotco

KUALA LUMPUR: Veon Ltd. is in advanced talks to sell wireless towers in Pakistan to a unit of Axiata Group Bhd., the biggest Malaysian mobile operator.

TECH

Paytm aims to sell gold worth US$200mil this year

Paytm plans to sell five tonnes of gold valued around US$200mil (RM930.7mil) this year, the digital payments firm said, as it strives to develop a viable business from its e-wallet platform.