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PRIVATIZATION OF HZL
Vedanta chief Anil Agarwal backs PM's call to save forex, pitches for mining reformsVedanta Chairman Anil Agarwal urged swift mining reforms to boost domestic production of oil, gold, and other critical resources, aligning ...- Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
- Vedanta seeks RBI nod to give guarantees for $1-billion loanVRL is seeking funds to meet its upcoming debt obligations and has been engaged in talks with banks as well as private funds. VRL has $400 ...
- SC asks CBI to probe 2002 sale of HZL shares to SterliteSterlite Opportunities and Ventures (SOVL) had acquired the 26% stake in April 2002 for Rs 445 crore.
- Hindustan Zinc shares jump 7% on fund-raising planThe approval on the same was given during the meeting of the committee of directors held on Tuesday, HZL said in a BSE filing on Tuesday.
- Hindustan Zinc to raise up to Rs 4,000 cr through NCDs"The duly authorised committee of directors...considered and approved offering for subscription on a private placement basis, up to 40,000 ...
- HZL appoints its former CEO Akhilesh Joshi, ex-EY partner Anjani K Agrawal as directorsSpeaking on his appointment, Agrawal said, “Hindustan Zinc is amongst the most successful value-creation stories post-privatisation and has...
- Hindustan Zinc approves special interim dividend of Rs 27.50 per shareIn a meeting held on Wednesday to consider a second interim dividend, the HZL board declared a special one-time interim dividend of 1,375% ...
- Residual stake sale in Hindustan Zinc, Balco unlikely this fiscalIn January 2012, Vedanta had proposed to acquire the government's remaining stake in the two erstwhile PSUs for about Rs 17,275 crore.
- Relaxed Offer for Sale norms pave way for government's Hindustan Zinc Ltd stake saleThe govt currently holds 29.54 per cent stake in HZL and has already initiated the process of fresh valuation of the erstwhile PSU.
- Government likely to sell Hindustan Zinc stake via OFS; may fetch Rs 20,000 croreThe govt sold majority stake in the erstwhile PSU to the Vedanta group during 2001-03. At present, London-listed Vedanta holds 64.92% stake...
- Government initiates Hindustan Zinc valuation processThe Finance Ministry has started the process for fresh valuation of Hindustan Zinc Ltd (HZL) seeking to push through a long-pending sale.
- CCEA approves Balco stake saleLast month, the Cabinet had cleared the stake sale in Hindustan Zinc (HZL) through auction route.
- HZL, Balco stake sale may happen only next fiscalThe government’s plan to sell its residual stake in Hindustan Zinc (HZL) and Bharat Aluminium Company (Balco) may be pushed to next fiscal.
- Mines Ministry attitude may defer Hindustan Zinc, Balco stake salesThe government’s plan to sell minority stakes in HZL and Balco may be pushed to next fiscal year if mines ministry continues to dither here.
- IMG starts process for residual stake sale in HZL, BalcoMoving ahead with residual sale in Balco and HZL, an inter-ministerial panel has begun valuation process of these firms to complete it by M...
- Finance Minister in convenes meeting tomorrow on Balco stake saleThe Finance Ministry has convened a meeting to discuss selling government's residual stake in Balco that can fetch Rs 3,000 crore to the ex...
- Finance Ministry convenes meeting tomorrow on Balco stake saleThe Finance Ministry has convened a meeting tomorrow to discuss selling government's residual stake in Balco that can fetch over Rs 3,000 c...
- Vedanta to bid for HZL shares if price lucrative: Anil AgarwalLondon-listed Vedanta at present holds 64.92 per cent stake in Hindustan Zinc Ltd (HZL) and 51 per cent stake in Bharat Aluminium Company (...
- Attorney General clears Hindustan Zinc stake sale via auctionThe Attorney General has cleared the way for government to offload its residual stake in Hindustan Zinc Ltd through auction.
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