Government 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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Centre To Sell Up To 3.5% In HAL, Expected To Fetch Rs 2,800 Crore
The government will sell up to 3.5 per cent stake in Hindustan Aeronautics Ltd (HAL) at a floor price of Rs 2,450 a share, if fully subscribed, would fetch about Rs 2,800 crore to the exchequer.
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Government To Identify Mineral Blocks In Sea, Put Them On Sale
The mines ministry, mines secretary Vivek Bharadwaj , is in the process of identifying these blocks in the sea and as there are no stakes in there, the auction will be done by the government of India.
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Government To Sell Its Entire 1.55% Stake In Axis Bank
India to sell a 1.55 per cent stake in Axis Bank through an offer for sale, a government investment vehicle said on Wednesday.
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India Seeks $7.7 Billion Value For IDBI Bank In Stake Sale: Report
India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the government's stake-sale in the lender.
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Expression Of Interest For IDBI Bank Stake Sale Likely Next Month
The government is likely to invite preliminary bids for selling a stake in IDBI Bank next month and the discussions with the RBI are at the final stages, an official said.
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Axis Capital Among 5 Bankers To Manage Centre's Hindustan Zinc Stake Sale
ICICI Securities, Axis Capital and Citigroup Global Markets are among the five investment bankers selected to manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd, an official said on Tuesday.
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No Timeline From Government For Selling IDBI Stake, Says LIC Chairman
Life Insurance Corporation has said it has not received any timeline from the government for the stake sale in its subsidiary IDBI Bank.
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6 Merchant Bankers To Participate In Centre's Hindustan Zinc Stake Sale
As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.
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Centre Withdraws Offer To Sell 53% Stake In Bharat Petroleum Corp
The government on Thursday withdrew its offer to sell its entire 52.98 per cent stake in BPCL, saying that majority of bidders have expressed their inability to participate in the current privatisation process due to prevailing conditions in the global energy market.
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Cabinet Clears Sale Of Government's 29.58% Stake In Hindustan Zinc Ltd
The Union Cabinet on Wednesday approved the sale of the government's residual 29.58 per cent stake in Hindustan Zinc Ltd, which at current prices would fetch over Rs 38,000 crore to the exchequer, sources said.
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Cabinet Okays Government's 29.5% Stake Sale In Hindustan Zinc For Rs 38,000 Crore
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared the government's 29.5 per cent stake sale in Hindustan Zinc Limited
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Post LIC, India Weighs Selling Part Of BPCL Instead Of Full Stake: Report
India is considering selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd (BPCL) after failing to attract suitors for the whole firm, two officials said, as the government's divestment programme moves slower than expected.
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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.
-
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.
-
Centre To Sell Up To 3.5% In HAL, Expected To Fetch Rs 2,800 Crore
The government will sell up to 3.5 per cent stake in Hindustan Aeronautics Ltd (HAL) at a floor price of Rs 2,450 a share, if fully subscribed, would fetch about Rs 2,800 crore to the exchequer.
-
Government To Identify Mineral Blocks In Sea, Put Them On Sale
The mines ministry, mines secretary Vivek Bharadwaj , is in the process of identifying these blocks in the sea and as there are no stakes in there, the auction will be done by the government of India.
-
Government To Sell Its Entire 1.55% Stake In Axis Bank
India to sell a 1.55 per cent stake in Axis Bank through an offer for sale, a government investment vehicle said on Wednesday.
-
India Seeks $7.7 Billion Value For IDBI Bank In Stake Sale: Report
India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the government's stake-sale in the lender.
-
Expression Of Interest For IDBI Bank Stake Sale Likely Next Month
The government is likely to invite preliminary bids for selling a stake in IDBI Bank next month and the discussions with the RBI are at the final stages, an official said.
-
Axis Capital Among 5 Bankers To Manage Centre's Hindustan Zinc Stake Sale
ICICI Securities, Axis Capital and Citigroup Global Markets are among the five investment bankers selected to manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd, an official said on Tuesday.
-
No Timeline From Government For Selling IDBI Stake, Says LIC Chairman
Life Insurance Corporation has said it has not received any timeline from the government for the stake sale in its subsidiary IDBI Bank.
-
6 Merchant Bankers To Participate In Centre's Hindustan Zinc Stake Sale
As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.
-
Centre Withdraws Offer To Sell 53% Stake In Bharat Petroleum Corp
The government on Thursday withdrew its offer to sell its entire 52.98 per cent stake in BPCL, saying that majority of bidders have expressed their inability to participate in the current privatisation process due to prevailing conditions in the global energy market.
-
Cabinet Clears Sale Of Government's 29.58% Stake In Hindustan Zinc Ltd
The Union Cabinet on Wednesday approved the sale of the government's residual 29.58 per cent stake in Hindustan Zinc Ltd, which at current prices would fetch over Rs 38,000 crore to the exchequer, sources said.
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Cabinet Okays Government's 29.5% Stake Sale In Hindustan Zinc For Rs 38,000 Crore
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared the government's 29.5 per cent stake sale in Hindustan Zinc Limited
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Post LIC, India Weighs Selling Part Of BPCL Instead Of Full Stake: Report
India is considering selling up to a quarter of state-run refiner Bharat Petroleum Corp Ltd (BPCL) after failing to attract suitors for the whole firm, two officials said, as the government's divestment programme moves slower than expected.
