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Govt looking to mop up $2.1 bn from NTPC stake sale

Infrastructure

28 August, 2017

Govt looking to mop up $2.1 bn from NTPC stake sale

State-run power producer NTPC Ltd said on Monday the government will sell part of its stake in the company to ......

Cochin Shipyard soars 20% after flat trading debut

Manufacturing

11 August, 2017

Cochin Shipyard soars 20% after flat trading debut

State-owned shipbuilder Cochin Shipyard Ltd made a strong start on the stock exchanges on Friday with its shares climbing 20% ......

State-run reinsurance firm GIC Re files for IPO

Finance

07 August, 2017

State-run reinsurance firm GIC Re files for IPO

State-owned reinsurance firm General Insurance Corporation of India (GIC Re) on Monday filed its draft red herring prospectus with the ......

Govt sets up new exchange-traded fund to sell stakes in state-run firms

Markets

04 August, 2017

Govt sets up new exchange-traded fund to sell stakes in state-run firms

India has set up a new exchange-traded fund to sell government stakes in 22 state-run and private firms under its ......

Cochin Shipyard's $230 mn IPO covered 76 times on final day

Manufacturing

03 August, 2017

Cochin Shipyard's $230 mn IPO covered 76 times on final day

The initial public offering of Cochin Shipyard Ltd was covered 76 times on the final day of the issue on ......

SIS IPO subscribed seven times; Cochin Shipyard issue covered thrice on day 2

Finance

02 August, 2017

SIS IPO subscribed seven times; Cochin Shipyard issue covered thrice on day 2

Security and Intelligence Services (India) Ltd saw a strong investor turnout for its initial public offering with the issue covered ......

Cochin Shipyard IPO subscribed 92%; SIS issue covered nearly twice

Infrastructure

01 August, 2017

Cochin Shipyard IPO subscribed 92%; SIS issue covered nearly twice

The initial public offering of state-run Cochin Shipyard Ltd was almost fully covered while that of CX Partners-backed Security and ......

Govt seeks to mop up $83 mn via National Fertilizers divestment

Manufacturing

25 July, 2017

Govt seeks to mop up $83 mn via National Fertilizers divestment

The government will sell a 15% stake in state-owned fertiliser and industrial chemicals maker National Fertilizers Ltd as part of ......

Cochin Shipyard seeks $912 mn valuation via IPO

Infrastructure

25 July, 2017

Cochin Shipyard seeks $912 mn valuation via IPO

State-run shipbuilding and maintenance company Cochin Shipyard Ltd is seeking a valuation of Rs 5,872.43 crore ($911.72 million) via an ......

Govt extends deadline for state-run firms to meet public float norms

Finance

15 July, 2017

Govt extends deadline for state-run firms to meet public float norms

The government has extended the deadline for state-run companies to meet the minimum public shareholding norms by one year to ......