Coal India Divestment
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Coal India Workers Call For Pan-India Stir On September 2
Coal India workers will go on a nation-wide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.
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Coal India Workers Call For Pan-India Stir On September 2
Coal India workers will go on a nation-wide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.
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Coal Production In April Curtailed On Low Offtake
Coal production had to be curtailed in the month of April on the back of low offtake of the fossil fuel, a top official on Monday said.
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Coal India May Buy Back Rs 2,500 Crore Shares from Government: Report
The buybacks will help the government partly make up for a funds shortfall in its ambitious divestment target.
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Next Fiscal Divestment Targets to be Set at 'Realistic Levels': Report
Plagued by poor investor appetite for state-owned assets, the government was likely to scale back its revenue targets from planned divestments, following already huge shortfalls from planned asset sales in recent years.
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Five Banks Hired for Managing Coal India Stake Divestment: Report
The stake sale, valued at about $3.2 billion at the current stock price, is part of government's aim to raise Rs 69,500 crore ($10.52 billion) by March by selling minority stakes in government-owned companies.
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Coal India Unions Oppose 10% Stake Sale
Coal and Power Minister Piyush Goyal told reporters today that government expects to raise around Rs 20,000 crore from the sale of 10 per cent stake in Coal India (CIL).
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Eight Banks Submit Bids to Manage $3.2 Billion Coal India Stake Sale: Report
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-percent stake divestment in state-owned Coal India, IFR reported, citing a person close to the deal.
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Further Coal India Share Sale Possible: Report
The government still needs to sell about just over per cent of its stake in Coal India to bring down its holding to 75 per cent.
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Keep Funds Ready for Upcoming OFS Issues: NSE to Investors
Buoyed by retail participation in the recent Coal India divestment programme through offer for sale (OFS), National Stock Exchange (NSE) on Thursday said brokerages and investors need to keep adequate funds ready to buy shares in such issues as they are announced in a short notice.
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FY16 Divestment Target to be Around Rs 43,000 Crore: Report
Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore from disinvestment proceeds, almost the same level that the government expects to realise from stake sale in public sector undertakings or PSUs this fiscal year.
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RBI Rate Cut Hopes Rise After Coal India Share Sale
With inflation under control and hopes of the government reaching its divestment target, many bankers believe that macroeconomic indicators are conducive for a further rate cut of 0.25 per cent by Reserve Bank of India on Tuesday.
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Coal India Divestment Reflects Investor Confidence: Goyal
Coal Minister Piyush Goyal today said the success of 10 per cent stake sale in Coal India, which raised about Rs 22,600 crore, reflected the investors' confidence in the government's ability to usher in reforms.
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Coal India Helps PM Modi Break Divestment Record
After the successful Coal India share sale, the Narendra Modi government has set a new record for highest-ever divestment proceeds in a year. And now the government is aiming even higher.
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Government Likely to Get Rs 22,500 Crore from Biggest Share Sale
The sale, set to raise about $3.7 billion at the auction base price, is India's largest ever, moving the government closer to the still distant $10 billion target which it needs to hit to trim the fiscal deficit to a seven-year low by the end of March.
-
Coal India Workers Call For Pan-India Stir On September 2
Coal India workers will go on a nation-wide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.
-
Coal India Workers Call For Pan-India Stir On September 2
Coal India workers will go on a nation-wide strike on September 2 to mark their protest against further divestment and strategic sale in the sector.
-
Coal Production In April Curtailed On Low Offtake
Coal production had to be curtailed in the month of April on the back of low offtake of the fossil fuel, a top official on Monday said.
-
Coal India May Buy Back Rs 2,500 Crore Shares from Government: Report
The buybacks will help the government partly make up for a funds shortfall in its ambitious divestment target.
-
Next Fiscal Divestment Targets to be Set at 'Realistic Levels': Report
Plagued by poor investor appetite for state-owned assets, the government was likely to scale back its revenue targets from planned divestments, following already huge shortfalls from planned asset sales in recent years.
-
Five Banks Hired for Managing Coal India Stake Divestment: Report
The stake sale, valued at about $3.2 billion at the current stock price, is part of government's aim to raise Rs 69,500 crore ($10.52 billion) by March by selling minority stakes in government-owned companies.
-
Coal India Unions Oppose 10% Stake Sale
Coal and Power Minister Piyush Goyal told reporters today that government expects to raise around Rs 20,000 crore from the sale of 10 per cent stake in Coal India (CIL).
-
Eight Banks Submit Bids to Manage $3.2 Billion Coal India Stake Sale: Report
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-percent stake divestment in state-owned Coal India, IFR reported, citing a person close to the deal.
-
Further Coal India Share Sale Possible: Report
The government still needs to sell about just over per cent of its stake in Coal India to bring down its holding to 75 per cent.
-
Keep Funds Ready for Upcoming OFS Issues: NSE to Investors
Buoyed by retail participation in the recent Coal India divestment programme through offer for sale (OFS), National Stock Exchange (NSE) on Thursday said brokerages and investors need to keep adequate funds ready to buy shares in such issues as they are announced in a short notice.
-
FY16 Divestment Target to be Around Rs 43,000 Crore: Report
Finance Minister Arun Jaitley, in the Budget for 2015-16, is likely to target around Rs 43,000 crore from disinvestment proceeds, almost the same level that the government expects to realise from stake sale in public sector undertakings or PSUs this fiscal year.
-
RBI Rate Cut Hopes Rise After Coal India Share Sale
With inflation under control and hopes of the government reaching its divestment target, many bankers believe that macroeconomic indicators are conducive for a further rate cut of 0.25 per cent by Reserve Bank of India on Tuesday.
-
Coal India Divestment Reflects Investor Confidence: Goyal
Coal Minister Piyush Goyal today said the success of 10 per cent stake sale in Coal India, which raised about Rs 22,600 crore, reflected the investors' confidence in the government's ability to usher in reforms.
-
Coal India Helps PM Modi Break Divestment Record
After the successful Coal India share sale, the Narendra Modi government has set a new record for highest-ever divestment proceeds in a year. And now the government is aiming even higher.
-
Government Likely to Get Rs 22,500 Crore from Biggest Share Sale
The sale, set to raise about $3.7 billion at the auction base price, is India's largest ever, moving the government closer to the still distant $10 billion target which it needs to hit to trim the fiscal deficit to a seven-year low by the end of March.
