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NHPC DIVESTMENT
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...- 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...
- 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...
- 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...
- GIC shares dip 4% as Rs 3,088 crore OFS opens for retail investors. Should you participate?General Insurance Corporation of India shares saw a dip as the government initiated an Offer for Sale. Retail investors can now bid for a s...
- GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discountThe government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today a...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...
- NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to knowNHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on t...
- 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 shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check detailsNHPC Share Price: NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sal...
- Government has approved proposal to divest stake in NTPC, NHPC: Piyush GoyalAt the current market price, government will fetch Rs 5,592 crore by selling its 11.36% stake in NTPC and Rs 2,655 crore by selling 5% stak...
- Bankers find it difficult to sell PSU divestment to FIIsThe government wants to garner aboutRs 24,000 crore by selling stake in Coal India and Rs 15,000 crore from ONGC share sale before March 31.
- NHPC to buy back shares worth Rs 1,600 croreCountry's largest hydro power producer, the state-owned NHPC will buy back shares worth Rs 1,600 crore instead of going through Offer for S...
- Going ahead with bond issue is NHPC decision: Jyotiradiya ScindiaNHPC will independently decide on raising Rs 1,000 crore through bonds, Power Minister Jyotiradiya Scindia said steering clear of timing of...
- Finance Ministry to seek approval for NHPC stake sale by July-endThe Department has already chosen Credit Suisse, HSBC and SBI Capital for managing the share sale in the hydel power producer.
- Credit Suisse, HSBC to manage NHPC share saleThe government plans to sell 11.36 per cent of its stake in NHPC, or 120 crore shares, through an Offer for Sale (OFS) in the domestic mark...
- Government to select among 10 merchant bankers for NHPC stake saleAs many as 10 merchant bankers, including Credit Suisse, ICICI Securities, SBI Cap and HSBC have evinced interest in managing the stake sal...
- NHPC IPO unlikely this fiscal: CMDCountry's largest hydel power generator NHPC said its initial public offering is unlikely to be launched this fiscal as the company is awai...
- Law ministry supports plan to offload 5% stake in power PSUsThe government is considering a proposal to divest 5% stake in each of the three state-owned power sector companies - Power Grid Corporatio...
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