Nalco stake sale oversubscribed 1.63 times, scrip dips 7.7%
The PSU disinvestment drive for the current fiscal took off successfully today, with NALCO's share sale oversubscribed 1.63 times by institutional buyers.
Apr 19, 2017, 11:18 AM IST
NBCC stake sale today; govt likely to raise Rs 2,200 crore
Government will sell its 15 percent stake in state-owned construction company NBCC at a floor price of Rs 246.50 Thursday with an aim to raise Rs 2,200 crore.
Oct 19, 2016, 17:18 PM IST
Disinvestment target should not be confined to dates: DoD
Global volatility in capital and currency markets has derailed the Rs 69,500-crore PSU stake sale programme for the year, but the government will go ahead with prudent and timely disinvestments, target for which should not be just confined to dates, a top official has said.
Feb 21, 2016, 14:26 PM IST
Govt sells $5 billion of PSU shares in 2015, readies 2016 pipeline
Government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through PSU share sales.
Dec 20, 2015, 13:00 PM IST
PFC stake sale over-subscribed; Govt nets Rs 1,600 crore
With the successful sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece, the government would get over Rs 1,600 crore.
Jul 27, 2015, 17:52 PM IST
FM Jaitley to hold review meeting on PSU disinvestment
Sources said the meeting with Disinvestment Secretary Aradhana Johri would focus on the PSU stake sale schedule of the fiscal.
Jul 20, 2015, 16:13 PM IST
'Sebi decision on OFS not sufficient boost to PSU divestment'
Market regulator Sebi's decision to allow companies disclose Offer for Sale plans two 'banking' days ahead of the issue may not help much in PSU disinvestment, a government official said.
Jun 29, 2015, 21:04 PM IST
Govt to go ahead with PSU disinvestment as planned: Jaitley
Notwithstanding the slide in stock market, Finance Minister Arun Jaitley on Thursday said government's disinvestment programme will continue as planned.
Jun 04, 2015, 18:49 PM IST
BHEL disinvestment likely in April; may fetch Rs 3,200 cr
The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April, in a bid to meet the Rs 41,000 crore stake sale target for 2015-16.
Mar 18, 2015, 13:32 PM IST
CPSE ETF to hit mkts by March; may fetch Rs 5,000 crore
The Finance Ministry is planning to offer the second tranche of CPSE Exchange Traded Fund (ETF) by the end of March, which may fetch Rs 5,000 crore to the exchequer.
Feb 03, 2015, 16:22 PM IST
Govt to sell stake in more than 1 PSU by March-end: Jaitley
With less than three months left in the current fiscal, Finance Minister Arun Jaitley Monday said the divestment programme would be pursued on priority and involve more than one PSU during this period.
Jan 12, 2015, 13:22 PM IST
Retail investors to get greater pie in next PSU disinvestments
Government has decided to double the quota reserved for retail investors to 20 percent for the forthcoming stake sales in bluechip companies like ONGC and Coal India.
Dec 07, 2014, 11:10 AM IST
SAIL 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 IST
SAIL 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 IST
SAIL 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 IST
