The floor price for the OFS has been set at Rs 159 per share. This price is at a 7 per cent discount to the Rs 171.05 stock closing price o...

Officials and executives plan to engage with institutional investors during the roadshow and explain to them the rising earnings prospects ...

Both state run behemoths have started road shows leading to a possible sell down within three weeks, at a slight discount to prevailing sto...

The disinvestment department has already shortlisted merchant bankers for the ONGC issue, which could hit the market later this month or ea...

The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, has cleared the ONGC stake sale proposal.

As per estimates, disinvestment in the three PSUs could yield over Rs 40,000 crore, enough to meet the target for the current fiscal.

CCEA will consider selling 10% in Coal India to fetch around Rs 22,568 crore, 5% in ONGC to mop up Rs 18,233 cr and 11.36% in NHPC for Rs 2...

As many as 14 merchant bankers made presentations yesterday before the Department of Disinvestment, under the ministry, for managing the ON...

At the current market price, a 5 per cent stake sale or over 42 crore would fetch about Rs 17,800 crore to the exchequer.

The Department of Disinvestment will appoint up to five merchant bankers to manage the OFS and the bidders will have to submit bids by Augu...

The government is likely to kickstart stake sales in state-run companies in June - preferably through the auction of shares.

Terming the ONGC stake sale as "a great success", Finance Minister Pranab Mukherjee tonight said the government has raised Rs 12,666 crore ...

The auction got total bids for 29.22 crore shares, including 19.92 crore on the NSE and about 9.3 crore on the BSE platform.

The one-day auction for sale of the 5% stake in ONGC gained further momentum by afternoon trade with total bids for about 1.35 crore shares.

Investment bankers said that the early bids came at around Rs 293-294 per share level, but the price fell to near Rs 291-292 after about an...

Shares of ONGC began trading with modest gains in a weak market, as the government began sale of its 5% stake through a one-day auction pro...

The government is working on various options, including the auction route, for raising about Rs 10,000 crore through stake sale in ONGC