Hindustan Zinc Stake Sale
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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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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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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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Hindustan Zinc Divestment: Supreme Court Says No To Recall Of CBI Investigation Order
The Supreme Court Monday dismissed as withdrawn a plea by the Centre seeking to recall the top court's certain directions related to registration of CBI probe into the government decision for 26 per cent stake sale in Hindustan Zinc.
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Expect Legal View On Hindustan Zinc Share Sale In A Month: Government
The Supreme Court had last year restrained the government from going ahead with any further disinvestment of its stake in HZL.
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Stake Sale in Hindustan Zinc Not a 'Wise Move', Says Ministry of Mines
Ministry of Mines has told the Ministry of Finance that selling government's stake in Vedanta-controlled Hindustan Zinc (HZL) is not a "wise move", as it is the only firm in India controlling production of zinc, considered strategic due to its large-scale industrial utility.
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Supreme Court Delays Government Plan to Sell Hindustan Zinc Stake
The Supreme Court on Tuesday asked the government to not proceed with any sale of its minority stake in Hindustan Zinc, a senior government official said, further delaying majority owner Vedanta Resources Ltd's bid to take total control.
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Residual Stake Sale in Hindustan Zinc, Balco Unlikely in FY15
The government is unlikely to sell its residual stake in Hindustan Zinc and Balco in fiscal year 2014-15 as it looks at Oil and Natural Gas Corp (ONGC) and Coal India Ltd (CIL) disinvestments to meet the current year's target.
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Government Approves Stake Sale in Hindustan Zinc, Balco
The government owns 29.5 per cent of Hindustan Zinc and 49 percent of Balco. Both the companies are majority owned by London-listed Vedanta Resources.
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Disinvestment Department Picks RBSA for Valuing Hindustan Zinc: Report
The Finance Ministry has shortlisted RBSA Valuation Advisers for undertaking fresh valuation of Hindustan Zinc (HZL) and push through a long-pending sale of the government's residual stake in the company in the current financial year.
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Government Starts Process to Divest 5% Stake in SAIL
The Finance Ministry has already asked the Department of Disinvestment (DoD) to complete the groundwork for stake sales in state-owned companies soon after the budget to take advantage of the bull phase in the stock market.
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Relaxed Offer for Sale Norms Pave Way for Hindustan Zinc Stake Sale
The Securities and Exchange Board of India (Sebi) on Thursday allowed non-promoters of listed companies to tap the offer for sale (OFS) route, a move that paves the way for government to divest its residual stake in Hindustan Zinc Ltd.
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Government Initiates Valuation Process for Balco Stake Sale
Going ahead with the residual stake sale in Balco, the government on Thursday started the process of valuation of its 49 per cent stake in the company.
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Election Commission's nod sought for appointing valuers in HZL, Balco stake sale: report
The Disinvestment Department has approached the Election Commission seeking its approval for appointing valuers for government's residual stake in Hindustan Zinc Ltd (HZL) and Bharat Aluminium Company (Balco).
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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.
-
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.
-
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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Hindustan Zinc Divestment: Supreme Court Says No To Recall Of CBI Investigation Order
The Supreme Court Monday dismissed as withdrawn a plea by the Centre seeking to recall the top court's certain directions related to registration of CBI probe into the government decision for 26 per cent stake sale in Hindustan Zinc.
-
Expect Legal View On Hindustan Zinc Share Sale In A Month: Government
The Supreme Court had last year restrained the government from going ahead with any further disinvestment of its stake in HZL.
-
Stake Sale in Hindustan Zinc Not a 'Wise Move', Says Ministry of Mines
Ministry of Mines has told the Ministry of Finance that selling government's stake in Vedanta-controlled Hindustan Zinc (HZL) is not a "wise move", as it is the only firm in India controlling production of zinc, considered strategic due to its large-scale industrial utility.
-
Supreme Court Delays Government Plan to Sell Hindustan Zinc Stake
The Supreme Court on Tuesday asked the government to not proceed with any sale of its minority stake in Hindustan Zinc, a senior government official said, further delaying majority owner Vedanta Resources Ltd's bid to take total control.
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Residual Stake Sale in Hindustan Zinc, Balco Unlikely in FY15
The government is unlikely to sell its residual stake in Hindustan Zinc and Balco in fiscal year 2014-15 as it looks at Oil and Natural Gas Corp (ONGC) and Coal India Ltd (CIL) disinvestments to meet the current year's target.
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Government Approves Stake Sale in Hindustan Zinc, Balco
The government owns 29.5 per cent of Hindustan Zinc and 49 percent of Balco. Both the companies are majority owned by London-listed Vedanta Resources.
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Disinvestment Department Picks RBSA for Valuing Hindustan Zinc: Report
The Finance Ministry has shortlisted RBSA Valuation Advisers for undertaking fresh valuation of Hindustan Zinc (HZL) and push through a long-pending sale of the government's residual stake in the company in the current financial year.
-
Government Starts Process to Divest 5% Stake in SAIL
The Finance Ministry has already asked the Department of Disinvestment (DoD) to complete the groundwork for stake sales in state-owned companies soon after the budget to take advantage of the bull phase in the stock market.
-
Relaxed Offer for Sale Norms Pave Way for Hindustan Zinc Stake Sale
The Securities and Exchange Board of India (Sebi) on Thursday allowed non-promoters of listed companies to tap the offer for sale (OFS) route, a move that paves the way for government to divest its residual stake in Hindustan Zinc Ltd.
-
Government Initiates Valuation Process for Balco Stake Sale
Going ahead with the residual stake sale in Balco, the government on Thursday started the process of valuation of its 49 per cent stake in the company.
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Election Commission's nod sought for appointing valuers in HZL, Balco stake sale: report
The Disinvestment Department has approached the Election Commission seeking its approval for appointing valuers for government's residual stake in Hindustan Zinc Ltd (HZL) and Bharat Aluminium Company (Balco).
