Buybacks hit six-year high in FY17; more companies are lining up offersThis week, TCS announced a buyback of Rs 16,000 crore, which came in amid increasing pressure from investors to look at utilising large cas...
24 Feb, 2017, 05.44 PM IST
BEL stake sale begins today; govt aims to raise Rs 1,600 croreThe sale of 1. 11 crore shares will be at a minimum price of Rs 1,498 apiece, 4 per cent discount to today's closing price of BEL on BSE.
22 Feb, 2017, 01.13 AM IST
MOIL share sale sees robust retail demand; govt nets Rs 480 croreRetail investors bid for over 1.42 crore shares as against 26.63 lakh shares or 5.3 times the number reserved for them in the two-day offer...
25 Jan, 2017, 07.49 PM IST
MOIL share sale: Institutional buyers put in Rs 580 crore bidsThe share sale attracted bids for over 1.60 crore shares as against 1.06 crore shares offered to institutional investors, garnering a subsc...
24 Jan, 2017, 08.47 PM IST
Balrampur Chini, Dhanuka Agritech rise on approval of share buyback proposalOn Tuesday, the stock of Allcargo Logistics was trading 2.81 per cent higher at Rs 186.40, while Navneet Education was trading 0.22 per cen...
03 Jan, 2017, 10.52 AM IST
MOIL gains 9.35% on purchase of mine landMOIL currently operates seven underground mines and three opencast mines, making it the largest iron ore company in India and fifth-largest...
07 Oct, 2016, 08.18 AM IST
MOIL stock surges 9.35% to Rs. 284.75 after land acquisition near Balaghat mineMOIL said it would buyback up to 3.48 crore shares representing 20.72% stake at a price of Rs. 248 for an aggregate consideration not excee...
06 Oct, 2016, 07.42 PM IST
Bharat Electronics' Rs 2,171 crore buyback offer to open on October 6The company's board has approved a proposal to buy back 1.66 crore shares at a price of Rs 1,305 apiece, for over Rs 2,171.15 crore.
04 Oct, 2016, 11.55 AM IST
NMDC, MOIL's Rs 8,400-crore buyback offers to open on September 19In separate regulatory filings, both the public sector undertakings (PSUs) informed about the 'Letter of Offer'.
15 Sep, 2016, 04.08 PM IST
Government's divestment kitty to swell by Rs 16,000 croreState-owned companies have cash and free reserves estimated at Rs 2.6 lakh crore and the newly created DIPAM has been entrusted with the ta...
07 Aug, 2016, 12.38 PM IST
MOIL fixes AugUST 8 as record date for share buybackThe offer is for fully paid-up shares of the company not exceeding 3.48 crore shares at a price of Rs 248 a share payable in cash.
28 Jul, 2016, 02.23 PM IST
Mining major NMDC to buy back shares worth Rs 7,528 croreThe company said the buyback shall not be exceeding 25 per cent of the aggregate of fully paid up share capital and free reserves of the co...
02 Jul, 2016, 07.34 PM IST
Mapping the market: Defence-linked stocks go all guns blazing; smallcaps have field dayThe only bright spot was defence stocks, which rallied all guns blazing. Here is a wrapup of the major trends across stocks during the sess...
08 Jun, 2016, 05.02 PM IST
Share buyback plan fails to lift NMDC, MOILNews of share buyback by two public sector entities, NMDC and MOIL, wherein the two companies announced plans to buy back just over 20 per ...
08 Jun, 2016, 04.37 PM IST
NMDC, MOIL to buyback shares worth Rs 8,400 croreLast month, aluminium maker Nalco said its board has approved a proposal to buy back 64.43 crore shares worth close to Rs 2,835 crore.
08 Jun, 2016, 12.25 PM IST
Finance Ministry asks PSUs to buy back shares, pay higher dividendsWith just 45 days left for the fiscal to end, the govt mobilised just Rs 13,330 crore from sale of stake in PSUs as against the budgeted ta...
14 Feb, 2016, 01.03 PM IST
- PSU shares gain as as government approves buyback
Shares of public sector companies gained ground after the government approved buyback of shares by certain PSUs as part of the divestment p...
01 Mar, 2012, 12.18 PM IST