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INDIA DIVESTMENT NEWS
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL TechIndian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Seve...
NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check detailsNHPC Share Price: NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sal...
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...
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...
Coal India board okays SECL, MCL stake saleCoal India's board has approved the divestment of up to 25% equity in SECL and MCL through an offer for sale. The company will also pursue ...
Stocks in news: Manappuram Finance, Kotak Bank, Nazara Technologies, United BreweriesIndian markets continued their recovery for a third straight session, with Nifty approaching the 23,800-24,000 resistance zone. Key stocks ...
IDBI Bank down 35% from peak: Is it time to buy the dip?IDBI Bank shares dropped significantly following reports of a potential stake sale delay. Bids reportedly fell below the government's expec...
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanksIDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or ...
IDBI Bank divestment: Financial bids received, under evaluation, says Finance MinistryThe Department of Investment and Public Asset Management (DIPAM) announced that financial bids for the strategic disinvestment of IDBI Bank...
Will Budget 2024 care to sell family silver as privatisation drive flops?The government is likely to miss its divestment targets for the fifth consecutive year, raising concerns about its privatisation plans. Dat...
FinMin invites bids for FSNL privatisationThe finance ministry on Thursday invited bids to sell the entire government stake in Ferro Scrap Nigam Ltd (FSNL). The last date to submit ...
Tata Sons, Ajay Singh submit financial bids for Air India, as per sourcesAir India is likely to be handed over by December if bids are satisfactory, sources told ET Now. Earlier today the DIPAM tweeted that finan...
PTC India invites expression of interest for financial services armThe last day of submission of interest by a bidder is July 31.
PSUs will play a huge role in getting growth back on track: Gurmeet Chadha‘PSUs will help drive capex and generate jobs’
Air India divestment process looks very uncertain amid Covid-19 crisis: CrisilIn 2018, the government's efforts to divest Air India failed to take off
Undervalued PSUs may gain from govt rethink on divestment policyBSE PSU plunged 18 per cent in the last one year against 3.5 per cent decline of the Sensex.
Fall in commodity prices, divestment to put pressure on CIL, OMC stocks: Ajay Bodke'Therefore, the pressure to ensure that the target is reached in full, unlike last year when there was a large deficiency, will be there.'
CIL divestment: Trade unions to hold demonstrationsGovt has proposed to sell up to 10% stake in CIL through a one-day Offer For Sale tomorrow to public shareholders, which may fetch govt abo...
Advise to buy and hold ONGC: P Phani SekharThe time left is very well and that the divestment has not yet started. So this is good news for ONGC. OMCs benefit very little on the bala...
- Disinvestment Ministry gives details to AG for opinion on HPCL
Disinvestment Minister Arun Shourie said that his ministry had furnished all the facts to Attorney General for getting his opinion on legal...