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Centre's plan to meet record divestment target for FY18 on track

Finance

03 July, 2017

Centre's plan to meet record divestment target for FY18 on track

With two back-to-back disinvestment deals in the past two weeks, the central government seems to have pressed on the gas ......

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Govt seeks deadline extension for public holding norms in state-run firms

Finance

29 June, 2017

Govt seeks deadline extension for public holding norms in state-run firms

The finance ministry is in talks with the Securities and Exchange Board of India (SEBI) to extend the August 2017 ......

Cabinet approves proposal to sell govt stake in Air India

Infrastructure

28 June, 2017

Cabinet approves proposal to sell govt stake in Air India

India's cabinet on Wednesday approved a proposal to sell the government's stake in state-owned airline Air India, Finance Minister Arun ......

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Govt hires merchant bankers for IPOs of four defence, rail firms

Manufacturing

23 June, 2017

Govt hires merchant bankers for IPOs of four defence, rail firms

The Indian government has appointed merchant bankers for initial share sales in four state-run defence and railway companies as it ......

Govt raises $643 mn via stake sale in Larsen & Toubro

Manufacturing

21 June, 2017

Govt raises $643 mn via stake sale in Larsen & Toubro

The government on Wednesday raised about Rs 4,158 crore ($643 million) by selling an about 2.6% stake in engineering giant ......

Hudco IPO subscribed nearly 80 times as investors rush in

Infrastructure

11 May, 2017

Hudco IPO subscribed nearly 80 times as investors rush in

The initial public offering of state-owned Housing and Urban Development Corporation Ltd (Hudco) was covered almost 80 times on the ......

Hudco IPO fully covered on day two as retail investors line up

Infrastructure

09 May, 2017

Hudco IPO fully covered on day two as retail investors line up

The initial public offering of state-owned Housing and Urban Development Corporation Ltd (Hudco) was covered three times on the issue’s ......

Hudco IPO nears two-third mark on day one led by retail investors

Infrastructure

08 May, 2017

Hudco IPO nears two-third mark on day one led by retail investors

State-owned Housing and Urban Development Corporation Ltd’s initial public offering (IPO) picked up pace on Monday, with the issue nearing ......

Hudco eyes $1.87 bn valuation in first PSU IPO in five years

Infrastructure

27 April, 2017

Hudco eyes $1.87 bn valuation in first PSU IPO in five years

State-owned Housing and Urban Development Corporation Ltd (Hudco) is seeking a valuation of as much as Rs 12,011.4 crore ($1.87 ......

PE-backed Tejas Networks, Cochin Shipyard get nod for IPOs

Manufacturing

24 April, 2017

PE-backed Tejas Networks, Cochin Shipyard get nod for IPOs

Frontline Private Equity-backed Tejas Networks Ltd and state-owned Cochin Shipyard Ltd have received approval from the Securities and Exchange Board ......