Search Results for: disinvestment

Bharat Dynamics IPO opens: Points to note before investing

The Bharat Dynamics Initial Public Offer will close on March 15 and the equity shares are proposed to be listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Mar 13, 2018

Hindustan Aeronautics IPO to open on March 16, raise Rs 4,200 crore

The face value of the Hindustan Aeronautics Limited (HAL) share is fixed at Rs 10 per share. The issue price band will be Rs 1,215 to Rs 1,240 per share.

Mar 12, 2018

Union Budget 2018 highlights: FM throws cold water on hopes of individual taxpayers

No changes in personal tax slabs but partial relief in the form of Rs 40,000 standard deduction.

Jan 31, 2018

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ONGC set to acquire 51.1% stake in HPCL, likely to help govt achieve Rs 72,500 cr disinvestment target

According to the deal agreement, ONGC will pay the government Rs 473.97 for each share, a premium of over 10 percent of the 60-days' HPCL average share price.

Jan 21, 2018

Air India will split into four entities before its sale: Here's what you need to know

The government will also offer to sell at least 51 percent in each of them as part of the disinvestment plan of the national carrier.

Jan 16, 2018

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Air India privatisation: Government considers absorbing employees in other PSUs

"Various options are under consideration to protect the interests of the employees," said Civil Aviation secretary R N Choubey.

Jan 14, 2018

Don't privatise Air India, give 5 years turnaround time: Parliamentary committee

The parliamentary committee, after hearing the views of all stakeholders said, "Air India should be given a chance for at least five years to revive themselves."

Jan 7, 2018

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Modi govt overshoots full year fiscal deficit target of 3.2% in November itself

Data released by the Controller General of Accounts (CGA) revealed that during April to November period, government's fiscal deficit was 112 percent of its Rs 5.5 trillion budgetary target.

Dec 29, 2017

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Alexandre de Juniac says that the government can keep a part stake initially but should eventually exit Air India.

Dec 11, 2017

Tata Group has shown interest to buy Air India, says Jayant Sinha

Earlier in October, Tata Sons Chairman, N Chandrasekaran hinted at the company's intention on picking up stake in Air India.

Dec 1, 2017

cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

Modi government likely to cross divestment target, first time in 7 years

This year's divestment target is moderately higher than past few years and accounted for 0.4 percent of the GDP.

Nov 21, 2017

Air India may get new name; Govt unlikely to infuse Rs 21,000 crore after privatisation

Out of the promised Rs 50,000 crore, Air India has already received about Rs 27,000 crore, which includes Rs 1,800 crore received this fiscal.

Nov 16, 2017

Air India gets Rs 1,500-cr loan from Bank of India for working capital requirement

The disinvestment-bound national airline is facing some serious headwinds with only IndiGo showing interest in buying the international business of the carrier that has a huge debt in its book and also roadblocks in selling non-core assets.

Nov 12, 2017

LIC makes $1 billion bid for shares in New India Assurance IPO

With Rs 9,600 crore NIA's IPO is the second largest public issue this year after state-owned General Insurance Corporation of India's (GIC) Rs 11,372 crore issue.

Nov 3, 2017

Air India looks for Rs 1,500 crore short-term loan to stay afloat until divestment

Air India has put out a requirement for Rs 1,500 crore in short-term loans for working capital needs. Read to know how it is faring.

Oct 20, 2017

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