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GOVERNMENT DISINVESTMENT
LIC OFS gets strong response from retail investors, subscribed 1.82 times the base sizeLIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% sta...
Rising ODI outflows signal growing global capabilities of Indian companies: GovtIndian enterprises are stepping up their overseas investments, eyeing strategic assets and emerging markets. Foreign direct investment infl...
Institutional investors over-subscribe LIC OFS, govt opts for green-shoe optionThe government's Life Insurance Corporation share sale has garnered overwhelming attention from institutional investors, with bids amountin...
Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...
LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
Anti-paper leak bill, Supreme Court judges amendment on Parliament agendaThe Lok Sabha will consider a bill to prevent unfair means in public examinations. Another bill aims to increase the number of Supreme Cour...
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
Cochin Shipyard shares dip 2% as govt’s OFS opens for retail investors todayCochin Shipyard shares fell over 2% as the Centre's OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. ...
Cochin Shipyard OFS subscribed 3.52 times on Day 1; retail investors get to bid tomorrowThe government's Cochin Shipyard offer for sale drew robust institutional demand, with the non-retail portion subscribed 3.52 times, prompt...
Cochin Shipyard shares fall 4% as OFS worth Rs 1,856 crore opens today at 7% discountCochin Shipyard shares dropped as the government plans a significant stake sale. The offer for sale includes a base offer and an oversubscr...
Govt to sell up to 5.04% stake in Cochin Shipyard through OFS. Check detailsThe government plans to sell up to 5.04% of Cochin Shipyard shares. This offer for sale begins July 7 for institutional investors. Retail i...
Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
NCLT clears Bhutani Infra's Entertainment City stake buy over Unitech objectionsThe National Company Law Tribunal (NCLT) has ordered Entertainment City to register a 4.26% equity transfer to Bhutani Infra's Parmesh Cons...
Pi Ventures explores Fund I portfolio exits amid investor scrutiny over returnsWhile Manish Singhal remains a designated “key person” in the fund, Pi Ventures has witnessed several senior-level exits over the past five...
Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
Tamil Nadu CM strongly opposes Centre's NLC disinvestment planTamil Nadu Chief Minister C. Joseph Vijay has strongly opposed the Union Government's plan to disinvest up to three percent of its equity i...
Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...