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COAL INDIA DISINVESTMENT
GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...
NHPC offer plugs into green energy appeal, more suited for patient playNHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to ...
NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe optionThe government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first dayStrong institutional demand prompted the government to exercise the oversubscription option in Coal India’s offer-for-sale. Investors place...
Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stakeThe government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake....
Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
Government to sell another 10 per cent stake in Coal IndiaThe government has so far sold stakes in Rural Electrification Corp and Power Finance Corp that together raised more than Rs 3,000 crore th...
Coal India disinvestment to be taken by Cabinet this weekThe proposal for 10 per cent disinvestment of Coal India Ltd would be taken up by Cabinet Committee on Economic Affairs (CCEA) this week, s...
Government to go ahead with Coal India disinvestment: P ChidambaramThe government will go ahead with the 10 per cent stake sale of Coal India, which may fetch Rs 20,000 crore to the exchequer.
Coal India deserves to be broken up, not to be divestedBuyback of shares would attract a capital gains tax, so it is best to relieve the company of its surplus funds as special dividends.
- 2010: Year of bumper divestment
The year 2010 will go down in the history of Indian markets as the one that witnessed the revival of the government divestment process with...
- Hindustan Copper, CIL selloff decision deferred till next week
The government may take a call next week on the proposed stake sale in Hindustan Copper after the union cabinet deferred a decision on Thur...