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DISINVESTMENT NEWS
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...
- Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
- Divestment jolt hits IDBI Bank as shares extend decline to 30% in a month. Buy, sell or hold?IDBI Bank shares have plummeted nearly 30% in a month as the government's strategic stake sale faces potential delays due to financial bids...
- IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanksIDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or ...
- With LIC IPO in sight, can government meet divestment target for FY22?It is estimated that LIC IPO could fetch nearly Rs 1 lakh crore.
- Anil Agarwal lauds Niti's initiative on Hindustan Copper divestmentThis comes at a time when in the month of September, Bloomberg news channel said that Vedanta has started approaching potential investors f...
- BPCL valuation high, evaluating bid: Anil Agarwal, Vedanta"We certainly are interested in bidding but the valuations are too high," mining baron Anil Agarwal said. "The bid document is not yet out ...
- Nifty should hold at 5500-5600 for midcaps to outperform: Ashu Madan, Religare SecuritiesWe cannot have a situation where the markets are going down, frontline indices are going down and the midcaps will outperform.
- Plan panel defends govt decision to go slow on disinvestmentThe Department of Disinvestment is running against time to meet its ambitious disinvestment target of Rs 40,000 crore for the current fisca...
- BHEL dips 3% in morning trade on bourses on disinvestment newsShares of BHEL fell nearly 3% in opening trade after news reports surfaced that the Union Cabinet is likely to approve the disinvestment.
- Black gold: Coal India IPO marks a watershedThe biggest thing about the Coal India initial public offering (IPO) is not its size - the largest ever from an Indian company - or its hot...
- BSNL IPO may happen next fiscal: Disinvestment Secretary"The co's financials are doing pretty badly & BSNL have to pull up," Disinvestment Secretary Sunil Mitra said. Gainers: BSE ( A, B ), NSE |...
- BJP up in arms over NalcoThe BJP said on Sunday that it was opposed to the disinvestment of shares in the state-owned National Aluminium Company (Nalco).
- BJP opposed to NALCO disinvestmentThe BJP on Sunday said it was opposed to disinvestment of shares in the state-owned National Aluminium Company Ltd (NALCO).
- CM asks Centre to re-think on Nalco disinvestmentOpposing the cabinet clearance for 10 per cent disinvestment in public sector Nalco, Orissa Chief Minister Naveen Patnaik has urged the Cen...
- Nalco sale lands in minefieldMines minister Sis Ram Ola, on Tuesday, introduced a rider to the proposal for divesting government equity in Nalco - the funds accrued fro...
- Sell-offs aren't small changeThe good news is that buoyant disinvestment receipts, pegged at Rs 14,500 crore by the finance minister, are for a change expected to contr...
- Govt revises current year disinvestment target upwards by 10%The good news is that buoyant disinvestment receipts, pegged at Rs 14,500 crore by the finance minister, contributes to fiscal correction.
- It's work as usual for Shourie's menBusiness as usual too becomes news, when business seemed to be on the verge of winding up.
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