Ioc Divestment

With a 10 per cent stake sale in Indian Oil Corporation scheduled for Monday expected to fetch Rs 9300 crore, the Narendra Modi government's disinvestment kitty may swell to Rs 12,600 crore this fiscal. The figure will be the best 'first-half' in 7 fiscals.

India has revived plans to sell stakes in two state-owned companies to raise about $2.3 billion to boost public finances, aiming to push through a sale by mid-December to take advantage of a share market rally.

India's move to raise the price of subsidised diesel should help with its plans to sell shares in state companies including Oil India Ltd to help bridge the government's fiscal deficit and give a boost to private oil refiners looking to enter the market for bulk diesel sales.

SEBI has opened a new window for share sales and relaxed buyback rules to fast-track sale of promoter's equity

MUMBAI, JUNE 02Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

Aiming to raise Rs 40,000 crore from disinvestment, the government on Wednesday said it will sell its stake in 10 more PSUs, including Indian Oil, MMTC, Coal India Ltd, SAIL, RINL and Shipping Corporation, in the current financial year. "Engineers India is likely to be disinvested in June, Coal India in August, Hindustan Copper in August-Sep...

MUMBAI, SEPTEMBER 09: India will meet its Rs 400 billion disinvestment target for fiscal 2010-11 with big-ticket shares sales of Coal India, Oil and Natural Gas Corp, Indian Oil Corp and MMTC, a finance ministry official said Thursday. "We will reach the target of Rs 400 billion," the official said referring to disinvestment plans of government. ...

The government plans to sell 5 per cent of its stake in Oil and Natural Gas Corp (ONGC) and 10 per cent in Indian Oil Corp (IOC) to raise about Rs 21,000 crore this fiscal, Oil Secretary S Sundareshan said today. "We have received a note from Department of Disinvestment that says they have approval of the Finance Ministry for divestment o...

MUMBAI, AUGUST 06MUMBAI, AUG 6: TickerNews takes a close look at divestment of government-owned companies and presents the voices and forces that play a key role in the process. This story, filed twice every week, and DISINVESTMENT REGISTER, filed every day, will keep you updated on the latest on divestment.NEWS THIS WEEK--------------Govt plans ...

With a 10 per cent stake sale in Indian Oil Corporation scheduled for Monday expected to fetch Rs 9300 crore, the Narendra Modi government's disinvestment kitty may swell to Rs 12,600 crore this fiscal. The figure will be the best 'first-half' in 7 fiscals.

India has revived plans to sell stakes in two state-owned companies to raise about $2.3 billion to boost public finances, aiming to push through a sale by mid-December to take advantage of a share market rally.

India's move to raise the price of subsidised diesel should help with its plans to sell shares in state companies including Oil India Ltd to help bridge the government's fiscal deficit and give a boost to private oil refiners looking to enter the market for bulk diesel sales.

SEBI has opened a new window for share sales and relaxed buyback rules to fast-track sale of promoter's equity

MUMBAI, JUNE 02Phone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.Copyright (c) TickerPlant Ltd.

Aiming to raise Rs 40,000 crore from disinvestment, the government on Wednesday said it will sell its stake in 10 more PSUs, including Indian Oil, MMTC, Coal India Ltd, SAIL, RINL and Shipping Corporation, in the current financial year. "Engineers India is likely to be disinvested in June, Coal India in August, Hindustan Copper in August-Sep...

MUMBAI, SEPTEMBER 09: India will meet its Rs 400 billion disinvestment target for fiscal 2010-11 with big-ticket shares sales of Coal India, Oil and Natural Gas Corp, Indian Oil Corp and MMTC, a finance ministry official said Thursday. "We will reach the target of Rs 400 billion," the official said referring to disinvestment plans of government. ...

The government plans to sell 5 per cent of its stake in Oil and Natural Gas Corp (ONGC) and 10 per cent in Indian Oil Corp (IOC) to raise about Rs 21,000 crore this fiscal, Oil Secretary S Sundareshan said today. "We have received a note from Department of Disinvestment that says they have approval of the Finance Ministry for divestment o...

MUMBAI, AUGUST 06MUMBAI, AUG 6: TickerNews takes a close look at divestment of government-owned companies and presents the voices and forces that play a key role in the process. This story, filed twice every week, and DISINVESTMENT REGISTER, filed every day, will keep you updated on the latest on divestment.NEWS THIS WEEK--------------Govt plans ...