It is a good buying opportunity, but don’t ignore the fundamentals of these scrips.

A proposal for stake sale in ITC is also under consideration, the sources said.

In an interview, Kotak Mahindra vicechairman and MD Uday Kotak had told that his bank was open to various options for expansion, provided i...

“We have taken approval from the regulator to buy an additional 5% stake in L&T from SUUTI,“ said an official from LIC. “We have not decide...

The sale comes amidst a 28% increase over the past two months in the share price of Kolkata-based ITC that sells four out of five locally m...

SUUTI had said it would pare holdings in L&T, ITC and Axis Bank in the first phase of divesting stakes it holds in 51 firms. It holds an 11...

The base deal size for an up to 1.5 percent stake in L&T is worth about $297 million while the upsized deal for an up to 3 percent stake co...

The insurer is keen on buying the stake of SUUTI, an organisation that the government carved out of the Unit Trust of India to save the mut...

SUUTI holds an 11.94 per cent stake in Axis Bank worth Rs 15,309 crore based on the bank's stock price.

A complete stake sale in the three Group A companies could fetch the exchequer about Rs 64,000 crore based on today's closing price.

As a criterion, the RFP said SUUTI will rank the appointed merchant bankers and may use only up to three merchant bankers for a particular ...

The bankers raised this issue at a July 18 pre-bid meeting attended by over 40 bankers from top foreign and domestic merger advisory firms ...

Government is not likely to dilute stake in private companies that it holds through SUUTI as it expects to meet the disinvestment target fo...

Specified Undertaking of UTI, or SUUTI, came into being in February 2003 following the split of the Unit Trust of India.

Axis Bank, L&T and ITC are the listed companies in SUUTI. The government wants to retain stake in these companies for the time being, sourc...

"All options open. We are evaluating ETF option for SUUTI stake sale. No final decision taken taken on SUUTI stake sale," Mayaram said here.

Special Undertaking of Unit Trust of India, the principal shareholder of Asset Reconstruction Company, has decided to sell its entire stake...