Govt nets Rs 22,557 crore from CIL stake sale; LIC biggest buyer
In the biggest-ever disinvestment, the 10 percent stake sale in Coal India on Friday fetched the government Rs 22,557.3 crore in a bumper sale where state-run LIC alone picked up nearly one-third of the public offer.
Jan 30, 2015, 21:52 PM IST
CIL mega share sale sails through; Govt to get Rs 22,600 crore
This is also the biggest ever share sale by any private or public sector company in India and exceeds the previous record of over Rs 15,000 crore made by CIL itself in 2010.
Jan 30, 2015, 16:45 PM IST
Coal India divestment on Friday; Govt eyes Rs 22,600 crore
At the floor price, the total 10 percent stake can fetch the government Rs 22,600 crore.
Jan 29, 2015, 17:58 PM IST
Risks to fiscal slippage high, plan spending cut needed: DBS
As of November-end, the fiscal deficit had touched 99 percent, a record high.
Jan 29, 2015, 17:56 PM IST
Coal India divestment to start after Diwali, says top official
The government is likely to begin its Rs 43,425-crore divestment programme with the sale of 10 percent stake in Coal India post-Diwali which may fetch around Rs 23,000-crore to the exchequer.
Oct 08, 2014, 14:40 PM IST
