Searched for
STERLITE OPPORTUNITIES AND VENTURES LTD
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...
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.
Bidders make financial offers in the range of Rs 2,600-3,000 crore for Transco in UPFour bidders—Tata Power, Adani, Power Grid Corporation of India and Sterlite—have submitted binding bids for the transmission company, ET h...
India Grid Trust buys assets from sponsor, Techno ElectricIndiGrid has completed the acquisition of three assets - RAPP Transmission Company at Purulia and Kharagpur Transmission Company and Mahesh...
Sterlite may launch InvIT IPO in second week of MayThe trust is likely to launch its initial public offer (IPO) in the second week of May and is targeting to raise Rs 2,650 crore.
Sterlite Power files papers to raise Rs 2,650 crore via InvITThe Securities and Exchange Board of India (Sebi), last month, granted approval to Sterlite Power Grid Ventures to launch InvIT -- IndiGrid...
Sterlite Power seeks Sebi nod to raise Rs 2,650 crore via infrastructure investment trust“The InvIT will be our listed vehicle. As we bid for more projects and more projects get operational, we will continue to expand the portfo...
Sterlite seeks Sebi nod for Rs 2,500-crore infrastructure investment trustSterlite Power Transmission, which was recently carved out from Sterlite Technologies, plans to raise the funds through its subsidiary Ster...
CBI may close Hindustan Zinc Limited disinvestment probeCBI sources said the enquiry is likely to be closed soon as the agency found no evidence indicating any quid pro quo to swing the decision.
CBI chief meets Arun Shourie in Hind Zinc selloff caseSources said Shourie told Sinha that he didn't have knowledge of the alleged undervaluation.
CBI probing Sterlite chief Anil Agarwal on basis of 'oral information': MinisterCBI has started an inquiry against Agarwal to probe alleged irregularities in the disinvestment of HZL on the basis of "oral information" p...
CBI to initiate preliminary enquiry into disinvestment of HZLCBI will soon initiate a preliminary enquiry into the disinvestment of a public sector undertaking Hindustan Zinc Limited in 2002 which was...
- Government may take the IPO route for Balco’s price discovery
The government may go for an IPO of Balco shares to determine the firm’s current market price before it divests its 49% residual stake to V...
- Residual stake sale in HZL, Balco: Mines ministry writes to EGoM
MinesMin 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 may be asked to buy residual government stake in Balco
The government will soon ask Sterlite Industries to make an offer to buy out its residual 49% stake in Bharat Aluminium Company Ltd, or Bal...
- Sterlite may use call option to acquire stake in Hind
With the government silent on its options to sell the remaining 29.5% stake in Hindustan Zinc before the April 11 deadline.