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GOVERNMENT DIVESTMENT PLAN
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
Affluent Trump officials may get richer with SpaceX IPO, among them-Steve WitkoffSpaceX stands out for the unprecedented size of its planned IPO, and for its close ties to government and members of the administration. Th...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concernsRetail investors are being urged by market analysts to steer clear of the government's shares sale in Central Bank of India. The bank's cur...
Central Bank of India shares tumble as government launches OFSCentral Bank of India shares fell sharply after the government initiated an 8% stake sale through an offer for sale at a floor price of Rs ...
Govt weighs options to revive stalled IDBI Bank privatizationIndian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...
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...
Coal India, CESC and other power stocks: JM Financial analyst explains impact of Bengal electionsJM Financial views the West Bengal election outcome as a potential boost for power sector governance, driven by expectations of reform unde...
Kotak CEO flags IDBI valuation concerns as privatization dragsIDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...
Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
South Korea ecommerce probe opens rift in US tiesSouth Korea defended its investigation into US-listed e-commerce giant Coupang against criticism from American lawmakers. Seoul stated the ...
South Korea tells US lawmakers it will ensure no discrimination against US tech firmsSouth Korea assured US tech firms, including Coupang, of no discriminatory measures following a letter from American lawmakers. The governm...
Kevin Warsh net worth: How rich is the Fed chair nominee facing scrutiny?Kevin Warsh net worth: His personal wealth is under scrutiny as he prepares for a Senate confirmation hearing. His disclosed assets range f...
Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
Fed nominee Kevin Warsh's financial disclosures point to over $100 million in assetsKevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclos...
ITDC shares rally 40% in two days, skyrocket 67% in seven sessions. What’s behind the surge?ITDC shares surged over 16%, extending a sharp multi-day rally of more than 67%, driven by reports of asset monetisation, including the div...
Government scraps plan to divest MSTC's subsidiaryMSTC is a metal scrap trading PSU. It also renders services to steel and petrochemical sectors for raw material support.
Investor apathy may hit government's divestment plan"My suggestion would be to fix the support price for PSU divestment, and create a longer window for the sale process, say around one year."