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disinvestment

Govt kicks off FY18 disinvestment process with $200 mn Nalco stake sale

Manufacturing

19 April, 2017

Govt kicks off FY18 disinvestment process with $200 mn Nalco stake sale

The government is selling a stake of up to 10% in state-run National Aluminium Company (Nalco) to raise as much ......

Govt plans stake sales worth $5.4 bn in Indian Oil, six other state-run firms

Infrastructure

17 April, 2017

Govt plans stake sales worth $5.4 bn in Indian Oil, six other state-run firms

India plans to sell stakes worth $5.4 billion in seven state-run companies during the current financial year as Asia's third-largest ......

Cochin Shipyard files draft papers for IPO; government to divest 10%

Infrastructure

24 March, 2017

Cochin Shipyard files draft papers for IPO; government to divest 10%

Government-owned Cochin Shipyard Ltd (CSL) on Thursday filed a draft red herring prospectus (DRHP) with the capital markets regulator Securities ......

Four Seasons Residency withdraws IPO plan

Consumer

20 March, 2017

Four Seasons Residency withdraws IPO plan

Ahmedabad-based hospitality firm Four Seasons Residency Ltd has withdrawn its plan for an initial public offering (IPO.The company had filed ......

Govt mops up $246 mn from Bharat Electronics stake sale

Manufacturing

25 February, 2017

Govt mops up $246 mn from Bharat Electronics stake sale

The government has raised Rs 1,650 crore ($246 million) by selling a 5% stake in Bharat Electronics Ltd (BEL), inching ......

Govt eyes $246 mn from stake sale in Bharat Electronics

Manufacturing

21 February, 2017

Govt eyes $246 mn from stake sale in Bharat Electronics

The government will sell a 5% stake in state-run aerospace and defence company Bharat Electronics Ltd to raise about Rs ......

Govt raises just under $1 bn via ITC stake sale

Consumer

07 February, 2017

Govt raises just under $1 bn via ITC stake sale

The government on Tuesday sold a 2% stake in cigarette maker ITC Ltd for Rs 6,690 crore ($993 million) as ......

Govt sets record disinvestment target for FY18

General

01 February, 2017

Govt sets record disinvestment target for FY18

The government on Wednesday laid out a record disinvestment target for the forthcoming financial year as part of measures to ......

Govt seeks to raise $70 mn from stake sale in miner MOIL

Manufacturing

23 January, 2017

Govt seeks to raise $70 mn from stake sale in miner MOIL

The government will sell a 10% stake in state-run manganese ore mining company MOIL Ltd to raise as much as ......

Govt looks to meet deadline for state-run firms to comply with public holding norms

General

11 January, 2017

Govt looks to meet deadline for state-run firms to comply with public holding norms

The government aims to stick to the August deadline for listed state-run companies to meet the minimum public shareholding norms, ......