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STC SHARE SALE
Saudi sovereign fund PIF set to raise $3.2 bln in Saudi Telecom stake saleThe deal, which was marketed internationally, is the biggest equity capital market transaction in the Middle East this year, said a source ...- Saudi Arabia has a busy IPO pipelineThere are currently 15 applications for new listings in the Saudi stock market, the region's largest bourse, CMA chairman Mohammed bin Abdu...
- Saudi Arabia's STC hires banks for IPO of subsidiary: SourcesSolutions by STC's valuation could be around 9 billion riyals ($2.4 billion), if it garners 18-20 times its earnings multiples, a source to...
- MMTC, STC gain as government approves Rs 113.40 crore reimbursementShares of MMTC and STC rose by up to 4 per cent as the government approved reimbursement to the state-owned firms for incurring losses on i...
- Government lines up 13 PSUs for stake sale in 2015-16The Department of Disinvestment plans to divest 5-15 per cent government stake in these state-owned companies, and has already floated a dr...
- Government sells stake in Neyveli, STC, ITDC; raises Rs 395 croreIn a boost to the government's disinvestment programme, stake sale offers in Neyveli Lignite, STC and ITDC today got fully subscribed garne...
- STC share sale fully subscribed, ITDC gets 57%At the indicative price, the average price at which bids came in, of Rs 74.01 a share, the disinvestment would fetch around Rs 4.54 crore t...
- Neyveli Lignite Corporation share sale fully subscribed, govt gets about Rs 350 crThe issue received bids for over 6.12 crore shares as against 5.97 crore on offer as of 1100 hrs, as per data available on the BSE.
- Government to sell stake in STC, ITDC, Neyveli Lignite tomorrowThe govt will sell its stake in three cos - State Trading Corporation (STC), ITDC and Neyveli Lignite Corporation - tomorrow to raise aroun...
- Cabinet approves stake sales in India Tourism Development Corp Ltd and State Trading Corp of India LtdThe Disinvestment Department had sought Cabinet nod to offload 5 per cent stake in ITDC and 1.02% in STC through the Offer For Sale (OFS) r...
- CCEA likely to consider State Trading Corporation, India Tourism Development Corporation stake sale proposal tomorrowThe government expects the sale of 5 per cent stake or 42.88 crore shares in ITDC to fetch Rs 23.58 crore.
- ITDC, STC disinvestment on the anvil; Finance Ministry moves Cabinet noteThe department has moved a draft Cabinet note in this regard to seek comments from ministries, the official added.
- Disinvestment department floats cabinet note for stake sale in State Trading CorpThe department of disinvestment has floated a draft cabinet note for selling stake in State Trading Corp Ltd through the offer for sale
- State Trading Corporation Q1 net profit dips 15% to Rs 2.75 croreThe government-owned trading firm State Trading Corporation of India Ltd (STCIL) today said its net profit declined by 15 per cent to Rs 2....
- Government may stop selling pulses at subsidised rates through PDSThe consumer affairs department will recommend scrapping this scheme as states are not keen to lift supply, an official said.
- Govt to dilute 5% stake in mini-ratna companiesThe government plans to dilute its stake in about half-a-dozen listed mini-ratna cos including MMTC, STC, ConCOR and SCI. Global Indians I ...
- STC sell-off put on backburnerThe privatisation programme of the public-sector State Trading Corporation has been put on the backburner, its CMD Aravind Pandalai said on...
- Divestment ministry to seek meeting with sell-off panelWith the resolution of the logjam over oil PSUs, the disinvestment ministry appears to have swung back into action. The ministry has decide...
- Essar, Videocon put in initial bids for STC stakeNEW DELHI: Consumer goods major Videocon, Essar and Cargill have submitted initial bids for picking up government's equity in State Trading...
- SBI Caps, E&Y advisors for BL, STC disinvestmentTHE GOVERNMENT on Thursday decided to appoint SBI Caps and Ernst & Young as advisors for privatisation of Balmer Lawrie and State Trading C...
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