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...
02 Sep, 2015, 07.13 PM IST
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...
13 Apr, 2015, 04.13 PM IST
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...
02 Aug, 2013, 06.31 PM IST
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...
02 Aug, 2013, 04.32 PM IST
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.
02 Aug, 2013, 12.26 PM IST
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...
01 Aug, 2013, 09.06 PM IST
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...
11 Jul, 2013, 01.11 PM IST
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.
10 Jul, 2013, 05.02 PM IST
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.
23 Jun, 2013, 12.03 PM IST
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
09 Jun, 2013, 11.51 AM IST
- State Trading Corporation Q1 net profit dips 15% to Rs 2.75 crore
The government-owned trading firm State Trading Corporation of India Ltd (STCIL) today said its net profit declined by 15 per cent to Rs 2....
13 Aug, 2012, 10.06 PM IST
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.
07 Feb, 2012, 08.57 AM IST
- Govt to dilute 5% stake in mini-ratna companies
The government plans to dilute its stake in about half-a-dozen listed mini-ratna cos including MMTC, STC, ConCOR and SCI. Global Indians I ...
26 Mar, 2008, 04.30 AM IST
- STC sell-off put on backburner
The privatisation programme of the public-sector State Trading Corporation has been put on the backburner, its CMD Aravind Pandalai said on...
23 Nov, 2004, 04.08 PM IST
- Divestment ministry to seek meeting with sell-off panel
With the resolution of the logjam over oil PSUs, the disinvestment ministry appears to have swung back into action. The ministry has decide...
07 Dec, 2002, 12.46 AM IST
- Essar, Videocon put in initial bids for STC stake
NEW DELHI: Consumer goods major Videocon, Essar and Cargill have submitted initial bids for picking up government's equity in State Trading...
18 Mar, 2002, 07.31 PM IST
- SBI Caps, E&Y advisors for BL, STC disinvestment
THE GOVERNMENT on Thursday decided to appoint SBI Caps and Ernst & Young as advisors for privatisation of Balmer Lawrie and State Trading C...
10 Jan, 2002, 07.17 PM IST