FinMin to use Facebook, Twitter to push disinvestment
The Department of Disinvestment in the Finance Ministry will hire an advertising or public relation agency for the purpose.
Jan 04, 2015, 11:13 AM ISTMOIL stake sale process starts; may hit market this fiscal
At the current market price of Rs 295.15 a share, MOIL stake sale could fetch about Rs 500 crore to the exchequer.
Dec 21, 2014, 10:54 AM ISTResidual stake sale in Hindustan Zinc, Balco unlikely this fiscal
The government is unlikely to sell its residual stake in Hindustan Zinc and Balco in the current fiscal as it looks at ONGC and Coal India disinvestments to meet the current year's target.
Dec 17, 2014, 15:02 PM ISTGovt eyes fatter share sale kitty in next year; gets Rs 18K crore in 2014
A top banker, who has advised on some PSU share sales, said the government's disinvestment programme in 2014 began on the right note, but lost track within a few months.
Dec 16, 2014, 14:04 PM ISTFinMin hopeful of good response to future PSUs stake sale
Encouraged by the good response to the stake sale in SAIL, the Finance Ministry on Wednesday hoped that the momentum will continue and future stake sale of PSUs would be lapped up by investors.
Dec 10, 2014, 14:28 PM ISTSAIL offer for sale subscribed more than two-times, govt gets Rs 1,715 crore
Government's disinvestment drive got a tremendous start Friday, with steel major SAIL's share sale being subscribed more than two times fetching the exchequer Rs 1,715 crore.
Dec 05, 2014, 17:30 PM ISTSAIL offer over-subscribed; Govt to raise at least Rs 1,500 cr
While the new government assumed power in late May, there have been no PSU share sales so far in the current fiscal.
Dec 05, 2014, 11:36 AM ISTSAIL disinvestment on today, govt to get Rs 1,700 cr
The SAIL offering would be the first PSU share sale under the new government, which targets to raise Rs 43,425 crore.
Dec 05, 2014, 08:42 AM ISTGovt to sell 5% stake in SAIL on Friday; floor price fixed at Rs 83
The floor price of Rs 83/share indicates a 2.75 per cent discount to the closing price of SAIL scrip that ended 0.35 per cent down at Rs 85.35 on the BSE.
Dec 04, 2014, 17:43 PM ISTSAIL disinvestment on Friday, govt to get Rs 1,700 cr
Kicking off its disinvestment drive, the government will sell 5 percent of its stake in steel major SAIL on Friday, which could fetch Rs 1,700 crore to the exchequer.
Dec 03, 2014, 19:07 PM ISTDisinvestment in PSBs in phased manner under consideration: FM
With an aim to help public sector banks raise capital, government is considering to reduce its stake up to 52 percent in a phased manner in these banks, Finance Minister Arun Jaitely said Tuesday.
Dec 02, 2014, 21:19 PM ISTCIL, ONGC disinvestment likely to be in 2 tranches
Government is planning to offload a part of its stake in Coal India and ONGC in two tranches to get a fair value of the equity, official sources said.
Nov 25, 2014, 22:11 PM ISTGovt may split Coal India share sale in two tranches: Sources
The government is likely to split the Coal India Limited share sale into two tranches as its feels the prices are undervalued, sources said Tuesday.
Nov 25, 2014, 20:11 PM ISTGovt plans $2.8 bn ONGC stake sale by early Dec: Sources
The government is planning to sell a 5 percent stake in state-run energy explorer Oil and Natural Gas Corpin the last week of November or the first week of December, two sources directly involved in the deal said on Wednesday.
Nov 05, 2014, 17:56 PM ISTHindustan Zinc disinvestment probe referred to AG
CBI has referred to the Attorney General its findings in the inquiry related to alleged irregularities in the disinvestment of Hindustan Zinc Ltd (HZL) during the period of NDA government in 2002, sources in the investigating agency said Tuesday.
Oct 21, 2014, 20:33 PM ISTDisinvestment programme on track, schedule soon: FM
The government's Rs 43,425 crore disinvestment programme is on track and a schedule for sale of stake in state-owned firms will be announced shortly, Finance Minister Arun Jaitley said on Friday.
Oct 17, 2014, 21:28 PM ISTGovt planning to sell 5% stake in RCF next fiscal
The government is planning to divest at least 5 percent stake in state-run Rashtriya Chemicals and Fertilizers (RCF) in 2015-16, sources said.
Oct 02, 2014, 18:31 PM ISTGovt to divest 10% in RINL; IPO prospectus filed with SEBI
Rashtriya Ispat Nigam Ltd (RINL) has filed a draft prospectus with market regulator SEBI for an initial public offer (IPO) through which the government will sell 10 percent of its stake in the company.
Sep 22, 2014, 18:27 PM ISTLIC investment in equity market to cross Rs 55,000 cr in FY'15
LIC had picked up stocks worth Rs 51,000 crore last fiscal and investments were made across sectors.
Sep 14, 2014, 12:55 PM ISTONGC, Coal India, NHPC fall on nod for share sale
Meanwhile, in the stock market the benchmark Sensex settled at 26,995.87, down 61.54 points.
Sep 11, 2014, 18:16 PM IST