Coal India Stake Sale
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Government Gets Rs 4,185 Crore Through 3% Stake Sale In Coal India
The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India.
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Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share
The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.
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Centre Proposes To Sell Up To 3% Stake In Coal India Limited
The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
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Stocks To Watch: BEML, Adani Green Energy, Auto Stocks
The government has invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in defence PSU BEML.
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Stocks To Watch: IRCTC, TVS Motor, Coal India, HCL Tech In Focus Today
List of Stocks In Focus Today: The government will sell up to 20 per cent stake in Indian Railway Catering and Tourism Corporation through an offer for sale
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Government Looks At Rs 20,000 Crore By Selling Stakes In Two Firms: Report
PM Modi in February had planned to raise as much as Rs 2.1 lakh crore selling state assets
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Government To Sell Up To 18.62 Crore Shares In Coal India
Shares in Coal India closed 4 per cent weaker at 275.85 rupees on the National Stock Exchange on Tuesday.
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Coal India Stake Sale May Spill Over to Next Fiscal Year: Report
Sale of a 10 per cent stake in Coal India is likely to be deferred to next fiscal year as the government wants to wait for stability in the equity markets for a better valuation.
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Government Sells $5-Billion PSU Shares in 2015, Readies Next Year Pipeline
The government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through stake sales in PSUs, but not without the help of its all-time saviour Life Insurance Corporation (LIC), while a strong pipeline is ready for 2016 with blue chips like NTPC, Coal India and ONGC (Oil & Natural Gas Corporation).
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Foreign Investors Want Deferment of Coal India Stake Sale: Report
Opposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal miner should be put off as the current market valuation is low.
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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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Government Says Disinvestment Challenges Due to Commodities Slump
As challenges emerge in meeting the mammoth Rs 69,500-crore disinvestment target for this fiscal year, the government has said this is due to the global commodity slowdown as many identified PSUs are from this space.
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CIL Stake Sale: Foreign Bankers Flag Green Compliance, Says Report
The government has for the third time extended deadline for appointment of merchant bankers for the mega Rs 21,000-crore share sale in Coal India Ltd after global investment banks flagged concerns over the company allegedly not meeting green commitments.
-
Government Gets Rs 4,185 Crore Through 3% Stake Sale In Coal India
The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India.
-
Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share
The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.
-
Centre Proposes To Sell Up To 3% Stake In Coal India Limited
The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
-
Stocks To Watch: BEML, Adani Green Energy, Auto Stocks
The government has invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in defence PSU BEML.
-
Stocks To Watch: IRCTC, TVS Motor, Coal India, HCL Tech In Focus Today
List of Stocks In Focus Today: The government will sell up to 20 per cent stake in Indian Railway Catering and Tourism Corporation through an offer for sale
-
Government Looks At Rs 20,000 Crore By Selling Stakes In Two Firms: Report
PM Modi in February had planned to raise as much as Rs 2.1 lakh crore selling state assets
-
Government To Sell Up To 18.62 Crore Shares In Coal India
Shares in Coal India closed 4 per cent weaker at 275.85 rupees on the National Stock Exchange on Tuesday.
-
Coal India Stake Sale May Spill Over to Next Fiscal Year: Report
Sale of a 10 per cent stake in Coal India is likely to be deferred to next fiscal year as the government wants to wait for stability in the equity markets for a better valuation.
-
Government Sells $5-Billion PSU Shares in 2015, Readies Next Year Pipeline
The government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through stake sales in PSUs, but not without the help of its all-time saviour Life Insurance Corporation (LIC), while a strong pipeline is ready for 2016 with blue chips like NTPC, Coal India and ONGC (Oil & Natural Gas Corporation).
-
Foreign Investors Want Deferment of Coal India Stake Sale: Report
Opposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal miner should be put off as the current market valuation is low.
-
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.
-
Government Says Disinvestment Challenges Due to Commodities Slump
As challenges emerge in meeting the mammoth Rs 69,500-crore disinvestment target for this fiscal year, the government has said this is due to the global commodity slowdown as many identified PSUs are from this space.
-
CIL Stake Sale: Foreign Bankers Flag Green Compliance, Says Report
The government has for the third time extended deadline for appointment of merchant bankers for the mega Rs 21,000-crore share sale in Coal India Ltd after global investment banks flagged concerns over the company allegedly not meeting green commitments.
