Govt to offload up to 2% stake in Coal India via OFS on May 27-29; floor price at Rs 412/shareThe government will divest up to a 2% stake in Coal India through an offer for sale scheduled across May 27 and May 29. The OFS floor price...
Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stakeThe government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake....
Hindustan Zinc signs MoU with Group Nirmal to set up wire manufacturing unit in RajasthanHindustan Zinc is partnering with Group Nirmal to build a new zinc wire manufacturing facility in Rajasthan. This unit will produce high-gr...
Coal India, CESC and other power stocks: JM Financial analyst explains impact of Bengal electionsJM Financial views the West Bengal election outcome as a potential boost for power sector governance, driven by expectations of reform unde...
L&T bags 'large' BCGCL order for coal-to-chemicals plant in Odisha, 2,000 TPD capacityLarsen & Toubro has secured a landmark deal to develop a state-of-the-art coal-to-ammonium nitrate facility in Odisha, poised to deliver 2,...
Stocks in news: Kotak Mahindra Bank, DMart, Vodafone Idea, Nestle India, Coal IndiaMarkets closed the week with modest gains amidst a volatile trading environment. Key domestic triggers include financial results from Kotak...
In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsOver the next few days, as an investor you need to make a clear distinction on one front: Buying happening in a sector at a lower level, an...
Govt receives Rs 2,638 crore from buyback of CIL sharesCIL has bought back "7,88,42,816 shares from Government of India out of the total offer of 10,89,55,223 equity shares @ Rs 335 per equity s...
Government forms inter-ministerial group to discuss Coal India share buybackAs per the proposal, buyback will be followed by an additional divestment that will bring down the Centre’s stake in the company below 75% .
- TCI off loads 2-crore CIL shares in September-January period
The fund held 1 per cent through TCI Cyprus Holdings, while it held another 0.46per cent through Ireland-based Talos Capital.
- TCI asks government to persuade CIL to buy back shares worth Rs 43,000 crore and boost share value
The plan by TCI could boost CIL's per-share earnings and help partially meet government's revenue target from disinvestment.
- CIL staff to get 2nd shot at IPO gold
Coal India may give its employees a second chance to own shares of the company after a majority of its 3.8 lakh workers refused to apply.
- Govt to fix issue price for CIL shares tomorrow
The issue price of Coal India's initial share sale will be decided tomorrow by an Empowered Group of Ministers, paving the way for public t...
- Coal India IPO to hit market by August
Coal India’s (CIL) proposed initial public offer (IPO) will hit the primary market by August, according to chairman Partha S Bhattacharyya.
- Coal India to win trust of displaced via IPO
Coal India (CIL), is exploring the option of forming a trust to distribute a portion of shares offered in its proposed initial public offer...
- Govt begins valuation of CIL for IPO
The department of divestment has undertaken a valuation exercise of Coal India’s (CIL) shares ahead of its proposed initial public offer. T...