DISINVESTMENT
Divestment plan back on track; govt not planning more ETFs: DIPAMThe strategic disinvestment was back on track and several initial public offer (IPO) transactions are planned, said Pandey.
- BPCL may sell part of treasury shares via bourses, rest 2% stake to be in staff trust
Public sector undertaking-BPCL plans to create an employees trust to transfer 2 per cent stake held in its investment trust and is likely t...
- BPCL may sell part of treasury shares via block deals
Rest of the 7.33 per cent stake may be sold in the stock market through block deals but the decision would be a part of the request for pro...
- Mukand Ltd to cut debt by Rs 1,200 crore post divestment in joint venture MSSSL
“This divestment will be completed in tranches over the next one year.It will reduce the Company’s debt by around Rs 1,200 crore,” said the...
- LIC made Rs 13,000 cr profit in equity till August this fiscal: MD
The insurer has collected about Rs 87,300 crore of renewable premium till August this year, registering a growth of 13.5 per cent over the ...
- Indiabulls Housing to raise Rs 2,200 crore via QIP, stake sale
The mortgage lender has launched a qualified institutional placement (QIP) offering to raise money from institutional investors, the compan...
- Bharat Dynamics OFS subscribed 76% on last day
The government will likely raise about Rs 770 crore from the BDL OFS.
- Government raises Rs 770 cr from Bharat Dynamics stake sale
“BDL OFS concluded today with a total subscription of about 2.34 crore shares worth Rs 770 crore from institutional and retail investors,” ...
- Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribe
The government is selling over 2.74 crore shares of Bharat Dynamics Ltd (BDL) at a floor price of Rs 330 apiece.
- Government considering reducing Air India's debt and delaying its disinvestment
More time is likely to be given to bidders to submit their bids and it will delay the disinvestment process further. The deadline to submit...
- Sub-committee for disinvestment formed for sale of PSIDC stake in PACL
The committee of core group of officers on disinvestment, chaired by the chief secretary, has been mandated to give recommendations and sub...
- HAL OFS received enthusiastic response from non-retail investors: Dipam Secy
"Offer for sale of 15% government shares in HAL was subscribed 1.60 times by non-retail investors. The government has decided to exercise t...
- Sebi tightens disclosure rules for PMS, seeks distributor commission details
R Pallava Rajan, Founder, PMS Bazaar said, “Disclosure of distribution commission was not mandated in the PMS industry so far. As per new r...
- Government to sell up to 15% stake in HAL via OFS on August 27-28
Through the OFS, the government proposes to sell 3,34,38,750 equity shares, constituting 10 per cent paid-up share capital of the company, ...
- Government hints at fresh stimulus for growth
The statement came as expenditure secretary T V Somanathan indicated that another stimulus package may be considered, although it may not h...
- No divestment yet against target of Rs 2.1 lakh cr for 2020-21
In fact, during presentations to Prime Minister Narendra Modi a few weeks ago, there were suggestions that asset monetisation could help th...
- Government pushes strategic PSU sales, 4 companies may net Rs 49,000 crore
The BPCL disinvestment, which is key to achieving the Rs 1.2-lakh-crore target for the year, is expected to get moving now as oil prices ha...
- Air India must be privatised or it will close down: Hardeep Singh Puri
Union Civil Aviation Minister Hardeep Singh Puri stated that the National carrier Air India must be privatised or it will close down. Puri ...
- Air India disinvestment: Govt extends deadline for expression of interest to October 30
The central government has extended the deadline for expression of interest for proposed strategic disinvestment of Air India for two month...
MORE NEWS
