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ICICI Sec, Axis Cap among 5 bankers to manage govt's HZL stake saleAs many as 6 merchant bankers had made a presentation before the government officials on August 12. The official told PTI that the five ban...- ICICI Securities, Axis Capital among 5 bankers to manage govt's Hindustan Zinc stake saleAlso, HDFC Bank and IIFL Securities will act as investment bankers and work with the government and handle the share sale offers, the offic...
- Govt seeks bids from merchant bankers, legal advisors for Hindustan Zinc stake saleThe last date for putting in bids by merchant bankers is July 28, while for legal advisors it is July 29. HZL was a CPSE under the administ...
- Cabinet clears sale of govt's 29.58% stake in Hindustan Zinc valued at Rs 38,000 croreThe decision would give a push to the government's disinvestment drive in the current fiscal. The government has budgeted Rs 65,000 crore f...
- FIR registered by CBI into 26 per cent HZL stake sale in 2002: Centre to SCOn November 18, last year, two decades after the first NDA government, led by then Prime Minister Atal Bihari Vajpayee, decided to divest s...
- SC asks CBI to probe 2002 sale of HZL shares to SterliteSterlite Opportunities and Ventures (SOVL) had acquired the 26% stake in April 2002 for Rs 445 crore.
- SC lists irregularities in Centre's HZL's stake sale in 2002, says prima facie case made outThe top court noted that a Preliminary Enquiry (PE) based on 'confidential source information' concerning the HZL disinvestment during 1997...
- PIL filed in SC for scrapping Hindustan Zinc Ltd-Vedanta deal of 2002Twelve years after the govt sold its stake in HZL to Vedanta group during the previous NDA rule, a PIL has been filed in the SC seeking qua...
- Hindustan Zinc Q1 net profit up 6% at Rs 1,581 croreHindustan Zinc today clocked 5.75% rise in net profit at Rs 1,581 crore for the June quarter of the current fiscal though sales marginally ...
- Residual stake sale in HZL, Balco: Mines ministry writes to EGoMMinesMin has written to EGoM seeking an early sitting of the panel to decide on diluting the government's stake in HZL and Balco.
- Sterlite Industries offers Rs 16K-cr to buy out government's stake in Hindustan Zinc, BalcoSterlite Industries has offered to pay Rs 16,000 crore to buy government stakes in Hindustan Zinc (HZL) and Bharat Aluminium Company (Balco...
- Government may take call on HZL stake sale this year, says Anil AgarwalAgarwal wants the govt to take a call on selling its residual 29.54 per cent stake in Hindustan Zinc this year, which can fetch an estimate...
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