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GOVERNMENT DIVESTMENT
Can Rs 6.6 lakh crore in potential PSU divestments bring FPIs back to Indian markets? Axis Capital explainsAxis Capital says faster government divestments could expand India’s investable equity pool, ease valuation pressures and limit foreign out...
Xi Jinping India visit: What we know about China’s Boeing 747-8I used for transporting its top leaderChina’s top leadership travels on a little-known network of military-managed aircraft that includes a specially converted Boeing 747-8I use...
Stocks in news: Biocon, Bank of Baroda, TCS, Sanofi India and Tata CapitalIndian equity markets hit a seven-week low on Tuesday, primarily due to escalating crude oil prices and geopolitical instability that swaye...
Fairfax plans IIFL Finance exit to fund IDBI Bank bidFairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the pr...
NSE IPO set to deliver massive gains of Rs 7,200 crore to state-run insurance firmsGeneral Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchang...
Budget 2027: Finance Ministry sets October 12 for pre-Budget meetings, seeks spending and revenue plansAs the 2027-28 Union Budget approaches, central ministries are tasked with crafting practical fiscal estimates. The Finance Ministry emphas...
Hindustan Copper OFS oversubscribed on both days, says govt. Here are all the detailsHindustan Copper’s government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centr...
Hindustan Copper OFS opens for retail investors. Should you apply in the metals major's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can p...
Hindustan Copper OFS subscribed over 3 times; govt to exercise greenshoe optionHindustan Copper’s government OFS received strong demand from non-retail investors, with bids reaching 3.41 times the shares offered. The C...
Hindustan Copper shares fall 6% as govt opens OFS at 10% discountHindustan Copper share price: The government has announced its intention to divest a 3% holding in Hindustan Copper through an offer for sa...
Japan plans tax break to shake up low-return businessesJapan's government is considering tax breaks on non-core business sales. This move aims to accelerate corporate restructuring and industry ...
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discountThe government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale o...
Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
NRI selling property in India: Should sale proceeds go to an NRE or NRO account? Know repatriation limits and RBI rulesAre you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...
Business families turn to 'fluidity' clauses to handle disputesIndian business families are increasingly adding “fluidity” clauses to family settlement deeds, allowing succession, ownership and manageme...
Petronas arm Gentari puts India EV charging business up for salePetronas subsidiary Gentari has begun exploring a sale of its Indian green mobility unit, Gentari Green Mobility India, which operates abou...
Archer Aviation shares jump nearly 10% on deal to acquire Boeing’s Wisk, two other unitsArcher Aviation shares surged after agreeing to acquire Boeing's Wisk Aero and two other units. This strategic acquisition grants Archer ac...
Centre unlikely to dilute strategic sale list despite ministries’ push for reviewThe government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...