disinvestment
Finance
Punjab National Bank to sell 6% stake in housing finance arm
India’s second-largest lender by assets Punjab National Bank Ltd will sell 6% stake in its housing finance arm through an ......
Finance
Guess who took maximum advantage of the $10-bn IPO rush this year?
The rush of initial public offerings on Indian stock markets this year has not just helped companies raise funds and ......
TMT
Bharti Airtel sells $508 mn stake in tower arm to pare debt
Bharti Airtel Ltd has sold a 4.49% stake in its telecom tower infrastructure arm for Rs 3,325 crore ($510 million) ......
Finance
New India Assurance slips on trading debut after $1.5 bn IPO
New India Assurance Co. Ltd, India’s biggest non-life insurer, made a disappointing start on the stock exchanges on Monday with ......
Finance
GIC Re drops on trading debut after $1.7 bn IPO
State-run General Insurance Corp of India (GIC Re) made a disappointing stock market debut on Wednesday with its shares listing ......
Finance
GIC Re's $1.7 bn IPO subscribed 90% on day two
The initial public offering (IPO) of state-run reinsurance firm General Insurance Corp of India (GIC Re) was covered 90% on ......
Manufacturing
State-run Hindustan Aeronautics files for India's first aerospace IPO
Hindustan Aeronautics Ltd (HAL) has filed a draft proposal with the Securities and Exchange Board of India for an initial ......
Finance
Former RBI chief Raghuram Rajan suggests state asset sales to bail out banks
India could sell stakes in state-owned companies to fund a bank recapitalisation and revive growth without straying from the path ......
TMT
Govt puts off decision to sell BSNL stake after Reliance Jio onslaught
India has deferred a decision on selling a stake in state-run telecoms firm Bharat Sanchar Nigam Ltd (BSNL) as falling ......
Infrastructure
Govt raises $1.4 bn from NTPC stake sale
The Indian government has raised 91.36 billion rupees ($1.4 billion) from a share sale in state-run utility NTPC Ltd, according ......
