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RAILWAYS DIVESTMENT
Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL TechIndian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Seve...
ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
IRFC shares decline 4% as government plans to divest 4% via OFS. Check floor price, other detailsThe government will sell up to 4% of its stake in Indian Railway Finance Corporation. The Offer for Sale begins Wednesday for institutional...
Govt to divest up to 4% in IRFC via OFS at Rs 104/ ShareThe government is divesting up to a 4% stake in Indian Railway Finance Corporation (IRFC) through an offer for sale. The divestment begins ...
2 rail stocks rally up to 9% amid reports of stake saleShares of Railtel Corporation rose up to 9% to the day’s high price of Rs 115.85 while that of Rail Vikas Nigam rose 8% to hit the day’s hi...
India cuts railway land licensing fee, clears decks to privatise ConcorIt is expected that this decision will speed up the sale of the Centre's stake in Container Corporation of India. Wednesday's development i...
Railway land use policy may be tweaked for Concor selloffThe move is expected to facilitate strategic divestment of government-owned Container Corporation of India Ltd (Concor) by making the deal ...
Govt to invite EoIs for strategic divestment of Container Corporation by month endPotential bidders will be invited for purchasing about 30% stake in the public sector enterprise after the railways ministry brings out pol...
View: Govt's recent move on coal and railways will have serious economic implicationsGoI’s recent move on coal and railways is an interesting shift in strategy, especially if it is part of an overarching exercise to remove a...
Govt to divest 25% in RailTel, invites bids from merchant bankers to manage IPOAs on March 31, 2018, RailTel Net worth stood at Rs 1,249 crore.
Railways gears up to undertake largest ever divestment exerciseRailways plans to raise the amount through monetisation of its power transmission lines. A joint venture of the two PSUs would be set up th...
Cabinet may take up holding company proposal for Railways by January endA senior Railway Board official said the proposal was endorsed by various ministries and Niti Aayog, the government think tank, after consu...
- No rail cos in divestment party, govt eyes Rs 40K cr from 12 PSUs
Railway minister has refused to include any of the public sector companies under her ministry in the govt’s divestment plan.
- Selloff dept may get to override ministries
The government may give more powers to the disinvestment department, allowing it to override the administrative ministries in disinvestment...
- Lalu’s green signal puts Rites IPO back on track
Railways minister Lalu Prasad, known for his staunch opposition to the disinvestment process, seems to have finally succumbed to government...
- Spice Telecom to raise 150 mn dollar via IPO
The ongoing boom in the telecom market will witness Spice Telecom entering the capital market soon to fund its future expansion plans, whic...
- Ircon, Rites divestment plans sent to cold storage
Disinvestment plans of Ircon and Rites is unlikely to take off in the near future. Highly-placed sources in the government told ET that no ...
- Lalu goes anti-divestment
Lalu Prasad Yadav backing the DMK’s stand against disinvestment and the Congress unsure of the utility of pushing contentious issues, the M...
- Railway Ministry opposes Rites, Ircon divestment
The Railway Ministry has opposed the disinvestment of Rail India Technical and Economic Services (Rites) and Indian Railway Construction Co...
- Rlys oppose RITES selloff
The Railways have opposed Divestment Commission’s proposal to offer 51 per cent stake in RITES to its employees, saying they do not have th...