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SJVN STAKE SALE
Stocks in news: Tata Consumer, Swiggy, Godavari Power, Tata Motors, Indian BankTata Consumer received an assessment order of Rs 262 crore for FY22 disallowances. The company says that the demand is not maintainable and...
Stocks in news: Hero MotoCorp, Hindalco, Apollo Hospitals, Vedanta, Ola ElectricOn Tuesday, the Sensex dropped nearly 700 points, extending the market's losses. Key stocks such as Hero MotoCorp, Hindalco, Apollo Hospita...
1.4x bids! NHPC OFS a successful show as retail investors subscribe for 3.8 crore sharesOn Thursday, NHPC OFS received an overwhelming response from institutional investors, such that the government decided to exercise the gree...
Government to sell additional 1% stake in NHPC as OFS gets overwhelming responseOn Wednesday, the government announced plans to sell 251,125,870 shares, representing a 2.5% stake in NHPC, and set the floor price at Rs 6...
NHPC shares drop 6% as two-day OFS kicks offThe government plans to sell 251,125,870 shares, representing a 2.5% stake in NHPC and has set the floor price at Rs 66 a share. This is at...
Govt to sell 2.5% stake in NHPC via OFS; floor price set at Rs 66/shareThe government proposes to sell an additional 100,450,348 shares, representing 1% of the total paid up capital of the company, in case of a...
SJVN OFS presents favourable risk-reward positioning, worth a bidRetail investors are advised to consider participating in the government's share sale of SJVN, a hydroelectric power company, despite the s...
SJVN shares tank 10% as 2-day OFS kicks offAccording to an exchange filing by SJVN, the government proposes to sell up to 96.6 million equity shares having a face value of Rs 10 each...
Govt to sell 4.92% stake in SJVN via offer for saleSJVN is a mini-ratna company in which the Union government holds a 59.92% stake and the Himachal Pradesh government owns 26.85% stake.
Govt to sell up to 4.9% stake in SJVN via OFSThe floor price for the offer has been fixed at Rs 69, which is at nearly 16% discount to the current market price. Only non-retail investo...
Stocks in news: HDFC, Vedanta, Nestle India, PNC InfratechPNC Infratech has been declared the lowest bidder for a highway project on Hybrid Annuity Mode from the government with a cost of Rs 819 cr...
Indian state-run power companies close to buying Lanco asset for $365 mlnThe state companies - Power Finance Corp Ltd (PFC), REC Ltd SJVN Ltd and Damodar Valley Corp (DVC) - aim to acquire the coal-fired power pl...
NTPC stock could gain from dividend yield, earnings liftAnalysts expect a 19 per cent earnings growth in the current fiscal, despite a weak first quarter.
Three-way merger of power cos, GAIL split first up in PSU rejigIndian Oil Corporation had evinced interest in natural gas processing and distribution company GAIL last year, and may be a potential buyer...
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...
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...
Government gears up for second round of stake sale in state-run entitiesOne of the first companies listed for share sale in the second leg is Manganese Ore India, where the government plans to shed a 10% stake.
- 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...
- SJVN's public offer likely to come in next fiscal: CMD
Public sector hydropower producer Satluj Jal Vidyut Nigam (SJVN) today said its proposed initial public offer is likely to come in the next...
- Govt clears the way for 5% stake sale in NTPC
A cabinet committee on Monday approved the sale of 5% equity in NTPC in one of the most ambitious equity sales in a state-run firm that cou...