The government is selling up to 8% stake or 16.02 crore shares in the company through an Offer For Sale (OFS). The offer, which invited bid...

Institutional investors put in bids for over 19.40 crore shares against the base issue size of more than 9.90 crore shares.

The government, HUDCO’s main promoter, has mandated merchant bankers to sell up to16 crore shares at a floor (minimum) price of Rs 45 per s...

The government is selling over 5 per cent stake or over 11.01 crore shares, with an option to retain over-subscription of 2.5 per cent or o...

The tribunal said the settlement reached between McDonald's and Bakshi was violation of DRT order.

However, the move was contested by the Housing and Urban Development Corporation (HUDCO).

Sources said the final settlement amount would be contingent on Hudco closing all claims against Bakshi.

"On the basis of the affidavit, we may decide, whether to allow the agreement and others with MIPL," said NCLAT.

The Cabinet had already approved 10 per cent stake sale in power producer NTPC.

The offer received bids for 61,39,95,600 shares against the total issue size of 20,40,58,747 shares

At the upper price band, the company is likely to raise Rs 212 crore.

HUDCO has fixed the price band of Rs 56-60 per equity share. The issue will close on May 11.

The initial public offer will comprise sale of 200,190,000 equity shares --10 per cent stake -- by the central government through an offer ...

The initial public offer will see sale of 200,190,000 equity shares --10 per cent stake -- by the central government through an offer for s...

“The government is starting with a mandatory 10% sale that will increased to 25% in the next three through offer for sale route,” said the ...

Last month, the Cabinet cleared proposal for 10 per cent disinvestment in Hudco which is under administrative control of the Urban Developm...

The government wants to raise 565 billion rupees ($8.42 billion) from the sale of stakes in state-owned enterprises in the 2016/17 financia...