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MCL DIVESTMENT
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....
Coal India board approves up to 35% divestment in SECL via OFS, fresh issue; up to 25% in Mahanadi CoalfieldsCoal India's board has approved divesting up to 25% of its stake in South Eastern Coalfields Ltd (SECL) via Offer for Sale, alongside a fre...
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 ...
BCCL IPO boosts confidence as Coal India weighs more subsidiary listings: CMDThe strong investor response to the initial public offering of Bharat Coking Coal Ltd has boosted confidence within CIL and provided positi...
Year 2015 may not be a blockbuster year for Sensex; top ten stocks which could give up to 40% returnAfter a blockbuster 2014, the Indian markets may just rally about 15-20% after rallying 30% in the previous calendar year.
Coal India tanks to new lows on divestment talkInvestors are worried over pricing, size and timing of the issue as most of the recent govt divestments have happened at steep discounts.
- Coal ministry rules out Coal India arms' divestment
Ministry has ruled out divestment of CIL subsidiaries. The department of divestment had proposed 10% divestment in profit making CIL subsid...
- Ministry not in favour of 10% stake sale in CIL subsidiaries
The department of divestment wants CIL to divest stake in its six profit- Central Coalfields, Mahanadi Coalfields, South Eastern Coalfields...