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DISINVESTMENT IN COAL SECTOR
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...- NHPC offer plugs into green energy appeal, more suited for patient playNHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to ...
- NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe optionThe government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
- Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first dayStrong institutional demand prompted the government to exercise the oversubscription option in Coal India’s offer-for-sale. Investors place...
- 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....
- Prolonged war may hit Rs 75,000 crore dividend targetThe ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of sta...
- Will not cut government stake in power PSUs below 51%: Piyush GoyalHe explained this will lead to increase in use of higher calorific value coal and reduce quantities to generate same amount of power which ...
- Coal India Limited unions to meet Piyush Goyal tomorrow, may discuss disinvestmentFive worker unions of state-owned CIL will meet Coal and Power Minister Piyush Goyal tomorrow to deliberate on various issues.
- Four coal sector unions call for strike on March 29: GovernmentGovernment had earlier sought the unions' cooperation in combating the "difficult situation" the sector was passing through due to fall in ...
- CITU, INTUC shun Coal Ministry meet on strikeThe operating trade unions in coal industry and common coal workers are against further 10 per cent disinvestment in Coal India Ltd.
- 5 CIL trade unions to support Sept 2 nationwide strike callTo protest against the proposed stake sale in Coal India, its five major trade unions will support the Sept 2 nationwide strike call.
- Coal India stake sale: Trade unions up the anteMajor trade unions of Coal India opposed to any government proposal to 10 per cent stake sale in the PSU will soon chalk out a strategy to ...
- Government clears ETF plan; to raise Rs 3,000 cr in FY'14The Empowered Group of Minister, headed by Finance Minister P Chidambaram, today decided on the formation of the CPSE ETF.
- Finance ministry invites bids from banks to manage 5% selloff in Coal IndiaThe government will select up to seven merchant bankers for managing the disinvestment and has invited bids from them by August 26.
- Disinvestment proceeds from CIL to be invested in PSU banks: P ChidambaramP Chidambaram has said the disinvestment proceeds of about Rs 20,000 crore from Coal India will be invested in public sector banks.
- Government to go ahead with Coal India disinvestment: P ChidambaramThe government will go ahead with the 10 per cent stake sale of Coal India, which may fetch Rs 20,000 crore to the exchequer.
- Govt wants profit-making subsidiaries of PSUs to go publicThe government is mulling a proposal for encouraging profitable subsidiaries of public sector units (PSUs) to seek listing and raise funds ...
- TUs to hit street against Coal India’s stake saleThe Manmohan Singh government may be unshackled from the Left, but its disinvestment plans could still encounter a trade union roadblock.
- Selloff dept may get to override ministriesThe government may give more powers to the disinvestment department, allowing it to override the administrative ministries in disinvestment...
- Coal Min seeks legal opinion over NLC selloffNEW DELHI: The Coal Ministry has asked the Law Ministry to examine the issue of privatisation of Neyveli Lignite Corporation which is gover...
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