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GOVT DISINVESTMENT
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here's all you need to knowIndian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% sta...- Cochin Shipyard shares fall 3% amid buzz around OFS at 8% discountCochin Shipyard shares dipped Monday following reports of a potential government Offer for Sale (OFS) at a discount. The government, aiming...
- Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
- 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...
- Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on MondayThe Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale...
- 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 ...
- Will the government go for more disinvestment in Budget 2024?For disinvestment, the government either sells stakes in public-sector units or lists them on the stock exchange.
- Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribeThe government is selling over 2.74 crore shares of Bharat Dynamics Ltd (BDL) at a floor price of Rs 330 apiece.
- Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscalThe acquisition is expected to fetch around Rs 10,000 crore to the exchequer.
- Government ready with e-bidding platform for disinvestmentThe government is ready with an electronic bidding system to make the public sector strategic sale process more transparent and will do awa...
- Government to disinvest LIC partiallyThe government has decided to get LIC listed on the markets. The announcement was made by Finance Minister Nirmala Sitharaman in her Budget...
- Roadshows for BPCL sale soon, govt aims to attract foreign playersThe government has around 53.3% stake in BPCL and is hoping for a good response from foreign participants.
- Government weighs fresh tranche of CPSE ETFThe government's disinvestment proceeds have touched Rs 56,473 crore so far in the current fiscal.
- Interim Budget: 10 Things to watch out forWhat should you watch out for in today's interim budget.
- Govt's disinvestment kitty set to cross Rs 1 lakh crore markThe government's disinvestment proceeds from all its asset sales are set to cross Rs 1 lakh crore with its share sale in Power Fin Corp sch...
- Steel Ministry identifies two PSUs for disinvestmentSteel Ministry has identified two Public Sector Units (PSUs) for disinvestment, and is going to send its recommendations to the cabinet lat...
- What broking houses expect from BudgetRead what the broking houses expect from Union Budget 2009-2010.
- First case of sell-off reversal?The spat between the government and Zuari Maroc Phosphate Pvt Ltd (ZMPPL) - which bought a 74% stake in Paradeep Phosphates Ltd in February...
- Govt to seek clarification from SC on HPCL, BPCL disinvestmentThe govt will seek clarification from the SC on its decision to halt the disinvestment of HPCL, BPCL.
- Govt to divest stake in Hindustan CopperTHE government has decided to disinvest its entire stake of 99 per cent in Hindustan Copper. A F Ferguson has been appointed by Govt as adv...
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