The government is divesting up to a 4% stake in Indian Railway Finance Corporation (IRFC) through an offer for sale. The divestment begins ...

In the past, the government has missed targets set for prior financial years, the most recent being the Rs 1.75 lakh crore target for FY22,...

An inter-ministerial group, which includes officers from the Department of Investment and Public Asset Management (DIPAM) and the railways ...

The realisation is, however, lower than the record Rs 2.10 lakh crore originally budgeted. In the RE, the target was scaled down to Rs 32,0...

Enthused by the response, the government decided to exercise the greenshoe option of another 20.65 crore shares or 5 per cent of the total ...

Retail investors will get chance to bid for IRCTC offer-for-sale (OFS) on Friday, the last day for the issue, department of investment and ...

The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company ...

The government currently holds 87.40 per cent stake in IRCTC.To meet Sebi's public holding norm, the government has to lower its stake in t...

The move is aimed at hastening the divestment process across the companies and make it a regular feature.

PSU stocks have been a major beneficiary of the rally, as they have generated higher returns from their December lows compared with the ben...