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IRFC GOVERNMENT STAKE SALE
Conveyed displeasure to Adani Ports on Vizhinjam stake sale: Kerala CMKerala's Chief Minister has expressed strong disapproval to Adani Ports regarding a significant stake sale in the Vizhinjam International P...- Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
- Govt fast-tracks disinvestment process to shore up revenues, garners 31% of budget aim in Q1 FY27The government is accelerating its disinvestment and asset monetisation drive, achieving 31% of its full-year target in just the first quar...
- Board exams may get 50% weightage in admissions based on NEET, JEEFuture medical and engineering admissions in India might see board exam scores carrying 50% weightage, a significant shift from the current...
- Pinarayi Vijayan tears into Adani group over Vizhinjam port share transfer without govt nodKerala's Opposition Leader Pinarayi Vijayan has questioned Adani Group's move to sell a 49% stake in the Vizhinjam port to MSC without stat...
- RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
- Finance Bill passed 'hurriedly' to give tax benefits to liquor cos: Kerala LoP VijayanLeader of Opposition Pinarayi Vijayan accused the UDF government of hastily passing the Finance Bill to benefit liquor companies through ta...
- Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
- OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
- Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
- India's $2 billion state stake sales buck equity market slowdownIndia's government secured a significant $2 billion from stake sales in state-run companies last quarter, a rare positive for the subdued c...
- Two general insurance licences approved since 100% FDI move by govt: Irdai chairman Ajay SethIndia's insurance regulator has greenlit two proposals for 100% foreign ownership in general insurance firms, following the government's FD...
- Institutional demand sparks surge in block deals as promoters book profitsPromoters and large shareholders are cashing in on a stock market rebound, offloading shares worth over ₹24,000 crore in May and June. This...
- PFC, REC seek to help centre retain majority at low costPower Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary op...
- 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...
- Stocks in news: LIC, IRFC, Cummins India, Tata Motors PV, ONGCIndian markets surged on Wednesday, recovering previous day's losses, with banking stocks leading the charge from a strong support zone, si...
- IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
- Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansionHyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This...
- IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should knowIRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims t...
- Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
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