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MOIL STAKE SALE
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...
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...
Government raises Rs 30,000 crore via disinvestment proceedsIn this fiscal, the government has budgeted around Rs 56,500 crore from disinvestment proceeds, of which Rs 20,500 crore was to come throug...
Government to divest 10% in Moil on TuesdayThe company is a Schedule “A” Miniratna Category-I company. It was originally incorporated as Manganese Ore (India) Limited in the year 196...
Finance Ministry lines up 16 PSUs for disinvestmentThe list includes state-owned companies such as NMDC, MOIL, MMTC, National Fertilisers, NHPC, NALCO and Bharat Electronics, sources said.
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...
Finance Ministry likely to move cabinet for stake sale in dozen firms like MMTC, RCF, MOILThe disinvestment department wants to get as many companies ready for asset sales as possible, given that there are no blockbutser offers l...
Finance Ministry to finalise merchant banker for MOIL issue on January 15Finance Ministry is likely to finalise on Thursday a merchant banker and a legal adviser for sale of government's 10 per cent equity in MOI...
MOIL stake sale process starts; may hit market this fiscalThe govt has identified MOIL for disinvestment in the current fiscal ending March, as it races against time to meet the stake sale target o...
DoD identifies SJVN, MOIL for disinvestment in 2014-15Govt is racing against time to meet its disinvestment target of Rs 43,425 crore for this fiscal. It has lined up bluechip companies like ON...
- Disinvestment proceeds used for funding social welfare programmes
Proceeds from the disinvestment of government's stake in PSUs were used to fund various social welfare programmes like MGNREGS, Praful Pate...
- MOIL IPO oversubscribed 2.37 times on Day 2
Investors' insatiable appetite for public share sales by state-run cos saw MOIL's IPO over-subscribed 2.37 times by the end of Day 2 of the...
- MOIL IPO on November 26, ONGC, IOC to hit markets in Q4
Disinvestment Secretary said that his department was not raising the target of Rs 40k cr mop-up through share sale in PSUs for this fiscal.
- Govt looks to 'steel' show with MOIL, SAIL issues
The steel ministry is gearing up for two public issues scheduled over the next few months.
- Cabinet expected to approve SCI, MOIL disinvestment next month
The Cabinet is likely to give nod for divesting the government's stake in Shipping Corporation of India (SCI) and Manganese Ore India Limit...
- MMTC and SCI likely to be added to selloff list
Govt has so far mopped up about Rs 2,000 cr through stake sale in Satluj Jal Vidyut Nigam and Engineers India. It had raised Rs 25,000 cr i...
- Government considering disinvestment in MMTC, SCI and MOIL
The government is considering to sell its stake in many companies including MMTC, Shipping Corporation and Manganese Ore India, through pub...
- MOIL stake sale in December, Cabinet nod expected in 2-3 weeks
The Centre as well as two state governments are likely to offload 20 percent of their stake in Manganese Ore India Ltd (MOIL).
- Govt invites bids from i-banks for MOIL stake sale
The Centre on Thursday formally kicked off the process of divesting its stake in Manganese Ore India (MOIL) with the department of disinves...
- Govt considering 20 per cent stake sale in MOIL
The government is mulling over increasing the quantum of divestment in manganese major MOIL to 20 per cent, a move that would enable both M...